Writing

Bitcoin ETFs end inflow streak as Fed rate concerns mount. 17 project highlights and 40+ projects in the Probably sheet.

Hyperliquid to enable permissionless deployment of HIP-4 outcome markets on testnet before mainnet. 10 project highlights and 31 projects in the Probably sheet.

A yield-bearing dollar token, powered by a veteran trading team running low-risk arbitrage across exchanges.

Opinion markets let you trade not on what will happen, but on what people will believe. The crowd becomes the oracle, rewarding those who can read collective sentiment.

Institutional adoption of digital assets accelerated as Circle secured a national trust bank charter and the DTCC initiated production tokenized trades with major financial firms.

RWA trading already does serious volume. The harder part is turning tokenized assets into liquid markets that support borrowing, collateral, and hedging.

This week: Coinbase and Kraken pushed deeper into banking, the SEC teased friendlier crypto rules, Tether and Ondo expanded, and BonkDAO lost $20M.

Regulation set the tone this week, but stablecoins, tokenized equities and on-chain treasury plays kept crypto’s risk engine running hot.

Moving from simple floor liquidity to pricing an entire NFT collection through a shared liquidity layer feels like the natural next step for NFT-Fi.

A rare setup where distribution, real-world assets, and DeFi infrastructure arrive together before the wider market has fully noticed.

A clever TokenWorks experiment turning odd NFT inventory and standing ETH bids into a real market question. Still early, but the mechanism has teeth.

TradFi keeps coming on-chain: stablecoins, RWAs, tokenized stocks, prediction markets while MEV bots, bridges and governance remind CT why risk never sleeps.

A synthetic dollar targeting 15% from an institutional, market-neutral trading book, backed by Delphi and independently monitored by RockawayX. $49M in and growing.

Agent-native chain turning model calls, scheduling, private execution and proofs into native primitives.

A volatile week for crypto: markets bounced, regulation stayed active, tokenization and AI gained momentum, while exploits and prediction-market drama kept risk firmly in focus.

The bet is bigger than a better Aave: turn fintech credit into crypto-native liabilities, route them through DeFi, and coordinate the system through JANE.

Pixie Chess turns NFTs into playable, burnable chess pieces funding ETH prizes. Strong crypto-game loop, but durability depends on retention, anti-cheat, trust, and real demand.

Mantle's best pitch is not cheaper blockspace. It is a chain built around what onchain finance usually lacks: assets, liquidity, execution, incentives, and access in one place.

SendAI wants to compress a trader's twelve-tab mess into one generated instrument. Real team, real wedge, thin public proof. Here's where Suzi actually stands.

BTC treasuries grew, ETFs bled, Hyperliquid stayed hot, RWA demand spiked, and DeFi faced fresh hacks, liquidity scares, and AI-wallet/infra launches.

A clever little closed-end fund that opens up private robotics like Figure AI and Apptronik to public investors. It's really selling access, not robots.

Trades not whether an event happens, but what an asset is worth if it does. Sharp primitive, early signal, but no live-market proof yet.

Stablecoins, Hyperliquid, exploits, prediction markets and AI infra dominated the week. Institutions kept moving in, while degens got more drama, drains and depegs.

A team that can build a money market is launching its most trust-heavy product — yield-stable elUSD — with near-zero disclosure. Rich past, thin present. We break down the gap.

Stablecoins, prediction markets and AI-agent rails keep getting built out by big players, while the long tail of new launches is mostly perps wrappers and agent demos.

A distribution wrapper for Sky, dressed up as infrastructure. The legal entity is doing more work than the SDK. Worth watching.

Moving the prop firm onchain via Hyperliquid. $3M from Lemniscap, addresses published, contracts unverified. The framing is ahead of the proof.

One of the few crypto-AI projects where the research proof is ahead of the token proof. That makes it more interesting than the average DeAI pitch, and harder to underwrite cleanly

Institutional rails keep thickening — tokenization, stablecoin frameworks, Hyperliquid and BTC treasuries are moving fast. Most new launches are still pre-product narrative.

Crypto keeps shifting toward institutional rails: stablecoins, tokenized assets, Hyperliquid, AI infra, and better UX dominate while most new launches are still pure narrative.

The DeFi side tells one story. The consumer side tells another: different apps, different users, different scale. Same chain, but almost no overlap.

Uniswap v4 hooks turn swaps into programmable mechanics: bonding curves, NFT generation, games, dynamic fees, yield routing, and fully hook-native assets.

Spent time digging into Sui, from TVL and stablecoins to BTCfi and ecosystem flows. Wrote a breakdown on what’s actually happening beyond price action.

How stablecoins, fintech, and the agent economy are converging into a new money stack, and where value will actually accrue

Structural analysis of TAO subnet incentive alignment, validator economics, and competitive dynamics.

How ZERO is evolving from infrastructure substrate into a composable execution environment.

FX100 aims to remove standard perp liquidations via embedded options protection and tranche-based liquidity. Strong concept, but specs and stress tests are still missing.

From ICO chaos to ICM, same degen appetite, just with better rails. Liquidity locks, onchain governance, and fairer mechanics replaced pure speculation.

Makina builds cross-chain DeFi execution infra: Machines, MT shares, operators, risk caps and CCQ accounting. Strong design, but audits, live usage and $MAK value capture still nee