Crypto projects talk a lot about adoption. But one question I always come back to is: How do digital assets become useful beyond trading? That’s what led me to explore @veloprotocol, and honestly, it’s more than I expected. Here's a TL;DR 🧵 https://t.co/RCtIvupgif

@HyperliquidX has ~5x the open interest of @Aster_DEX, and more than @variational_io and @Lighter_xyz combined. I think its established trading ecosystem explains a lot of this. Shared collateral and builder-deployed markets give traders more reasons to stay. In addition, liquidity attracts liquidity so when you're trading size, entering and exiting without moving the price matters, so switching platforms needs a real benefit. Personally, I also think they nailed the UX: fast and easy to use, which goes a long way when you're on it every day. Which perp DEX are you using the most right now?

Crazy to see @PythNetwork mentioned on ICE’s earnings call. Pyth getting this kind of recognition from traditional finance is insanely bullish. Side note - Pyth x Hyperliquid x ICE?

5 crypto businesses making the most revenue over the past 7 days while the market bleeds ↓ • @tether | $121.55M USDT issuer earning yield on dollar reserves. • @circle | $48.29M USDC issuer earning interest on dollar reserves. • @HyperliquidX | $14.92M Onchain exchange earning fees from spot and perp trading. • @Pumpfun | $13.39M Memecoin launchpad earning fees from launches and swaps. • @Collector_Crypt | $5.43M Collectibles platform earning from card packs and trading. I like seeing Hyperliquid slowly but surely catching up to Circle. What about you?

Pons trading volume is now down 96% from its all-time high. What happened? https://t.co/prAsD27Ki4

Since this @zachxbt post: • Coldcard - a Bitcoin hardware wallet, was hacked for $40 million. • Trezor - one of the largest cold wallets, experienced a major data leak. • SafePal - one of the largest cold wallets, experienced a major data leak. • Ledger - the largest cold wallet, got exploited for $86M through a third-party reseller. • Keystone - one of the largest cold wallets, experienced a major data leak. It's joever.

If you put $1k into $BTC, $ETH and $SOL at the times where all 3 of those were available (April 2020) and you just held until now. This is how much money you'd have: BTC → $6,500 ETH → $6,200 SOL → $56,700 Sometimes, all it takes is a little bit of patience. Just set it and forget it.

GWI published its Gen Z study recently, and they found that 43% of Gen Z in Nigeria paid for study programs last month, vs. 11% of Gen Z in Germany. I’m glad to see this happening in Nigeria – and sad to see the number is that low in Germany. I feel like, in the next few years, the map of brains will change more than ever: people in emerging countries now have access to the most advanced educational centers in history (LLMs), and with the right stimulus they’re likely to produce a new gen of top managers. Funny enough, crypto probably played an important role here. During the airdrop golden age, 70–80% of all farmers were Nigerians, Indonesians, or Indians – so they may have earned their first money farming airdrops, and now they can afford to invest in education. I might be wrong, though, and the only thing this GWI insight indicates is that Germans just don’t buy educational courses and instead study with AI, haha. But I wanted to bring this up as an interesting angle for discussion. Let me know what you think

A physical AI company with 766 X followers just raised $130M at a $1.4B valuation. Meanwhile, thousands of AI founders spend more time posting here about "how" they're going to disrupt the world rather than building their actual products. There's a lesson here. https://t.co/o72aImuog2

An “identity layer for AI agents” usually implies an entity that’s collecting data. It’s not the case with @Concordium. Let me explain: The owner completes a one-time passport and liveness check in the Concordium wallet. Then, two signatures link the agent’s existing wallet with no funds being moved and no documents touching the chain. And through 8004scan, that verification can show up alongside ERC-8004 agents on @ethereum. Now we’re seeing a practical example of that with @XDCNetwork choosing Concordium as the exclusive identity verification provider for its AI marketplace. If you’re already using agents on XDC AI, your agent can check that a verified person or business is behind the seller’s wallet before sending money, without seeing their personal details (with network fees for these registrations paid in concordium:native). @Concordium’s Agent Registry grew from 1,131 agents in July to 4,083 in October, with verification supported across 200+ chains. One of my top picks for playing the AI identity narrative.