THEDEFIPLUG

.@EndlessProtocol TGE is done, $EDS is live on @sliswap but the real story is the dev stack.

➤ Genesis Cloud: deploy components, not full apps
➤ AI-assisted architecture
➤ Multi-chain native by default

Not another L1 a new standard for crosschain building.

Bounty campaign & genesis NFT whitelist coming. If you track early infra plays, keep an eye on Endless.

Never underestimate the power of the Economy of Trust 🧵

Yunno, um das Beste aus Finanzen zu machen, geht es immer um Kompression.. wenn Sie Zeit in diesem Bereich verbracht haben, wissen Sie das mittlerweile gut genug!

Die Kompression von Zeit, Reibung und Distanz zwischen Kapital und Produktivität.

Karpous ist diese Kompression, die auf Ertrag angewendet wird.

In TradFi kommt der Ertrag mit Zwischenhändlern, bei denen Treuhänder, Verträge und Sperrfristen die Distanz zwischen Anleger und Ergebnis verlängern.

Als der Ertrag ankam, hatte das System bereits seinen Anteil genommen.

@karpouscom beseitigt diese Verzögerung.
Es tokenisiert verifizierte, einkommensproduzierende RWA in digitale Eigentumszertifikate (fTokens), die an seiner Börse gehandelt werden.

Durch dies verbindet es globales Kapital direkt mit produktiven Branchen, wobei die Abwicklung onchain erfolgt.

Kein Papierkram. Keine mittleren Ebenen. Nur transparente, liquide Exponierung gegenüber der realen Ertraggeschwindigkeit.

> Für Betreiber ist es eine Alternative zur Verschuldung.
> Für Anleger ist es Ertrag mit Nachweisen, nicht Versprechen.

Jede Transaktion komprimiert Vertrauen in Code und Zeit in Liquidität.

Dies ist Ertrag mit Netzwerkgeschwindigkeit; Kapital und Produktivität konvergieren in Echtzeit.
Das ist kein neues Produkt. Es ist ein neues primitives.

Bitcoin isn’t topped. It’s resetting.
October’s $20B liquidation event was one of the largest in crypto history, but it didn’t end the cycle, it cleared leverage.

➣ $BTC price: $126K to $100K (-21%)
➣ Leveraged positions wiped: $20B
➣ M2 liquidity (global): flat since July
➣ U.S. net liquidity: negative post–debt ceiling
➣ Options positioning: $90K–$160K range
➣ Institutional outlook: bullish into 2026

The M2 decoupling isn’t bearish, it’s mechanical. Government borrowing drained liquidity temporarily, suppressing reflexive flows between liquidity growth and $BTC price.
Once tradable liquidity expands again, correlation should resume.

October’s flush was not a top. It was a reset. The base layer for the next impulse.

That’s how every Bitcoin cycle breathes before it breaks higher.

> 90+ live applications
> 11B monthly API calls
> 2.5M active users
> $4M ARR
> 50% cheaper infrastructure

@BeamableNetwork isn’t pitching simulations. It’s powering the infrastructure behind them.

Most DePIN projects start by printing supply and waiting for demand to appear.

Beamable does the opposite.

With years of backend demand before a single token was minted, and each API call representing a real transaction, not synthetic volume.

This isn’t “on-chain gaming.”
This is on-chain compute - the invisible backbone that powers internet-scale workloads.

Beamable turns backend demand into a liquid asset class. An on-chain AWS where compute is tradable, verifiable, and decentralized.

Every metric above is throughput, not speculation. Each dollar of ARR becomes network liquidity. Each call adds load, burn, and buyback pressure to $BMB.

In a market full of roadmaps, Beamable already ships receipts.

That’s the difference between chasing narratives, and building infrastructure.

PRESALE on the 11th

This year, the scoreboard shifted.. and @arbitrum quietly held its ground.
$20.9 million in YTD fees, second only to Base’s $66.6 million, with no centralized exchange funnel or retail subsidy driving it.

@base dominates on user flow
@arbitrum earns from financial depth.

Its core engines (@GMX_IO, @OstiumLabs, and others) monetize behavior that persists; trading, hedging, yield compounding, and protocol-to-protocol liquidity.

Every swap, liquidation, and rebalancing cycle reinforces its cashflow base.

That’s the difference between activity and economy.

Arbitrum isn’t just scaling Ethereum anymore. It’s building the revenue spine of on-chain finance; where tokenized assets, derivatives, and stablecoin settlement meet.

The market still calls it a roll-up.
But the data already calls it a business.

Markets evolve. Metrics must too.

TVL and DAUs measure presence, not performance.

The real metric is fee dominance: who earns when capital moves.

@HyperliquidX now commands 40% of all Layer-1 fee flow.
@BNBCHAIN: 20%.
@solana: 9%, collapsing from above 50% earlier this year.

That’s not a glitch. It’s a repricing of what matters.

Liquidity that churns is more valuable than liquidity that sits.
Hyperliquid and BNB captured the most active orderflow: derivatives, liquidations, funding, rebalancing...while Solana’s memecoin traffic dried up.

Fee dominance exposes the truth TVL hides:

➤ TVL: shows how much liquidity is parked
➤ Fees: share shows how much liquidity is used
➤ Revenue density: shows which networks monetize behavior, not deposits

Blockchains aren’t competing for users anymore. They’re competing for execution share, for the traders, bots, and protocols that actually generate economic throughput.

The next market cycle won’t crown the chain with the most deposits.
It’ll crown the one with the highest revenue per block.

We can argue zk proofs or sequencer models all day, but money already made its choice.

Cheaper, faster; those come and go and then what always stick is gravity & right now, it lives on @arbitrum.

Ethereum’s L2 landscape has matured into a liquidity hierarchy.
The scaling question is solved; the real contest now is who anchors capital.

By bridge type, @arbitrum holds $17.05B, followed by @base $15.26B.

Then a sharp drop: @Optimism $2.96B, @LineaBuild $1.37B, and @Starknet $706M

Half of Ethereum’s L2 liquidity sits inside just two systems, but only one monetizes it natively through composable DeFi depth. That’s @arbitrum's edge: liquidity that earns, trades, and recycles without leaving orbit.

Liquidity behaves like a gravity well. Once a network passes a certain mass, every inflow bends toward it. Depth tightens spreads, lowers slippage, reinforces retention, and the loop repeats.

@GMX_IO, and @CamelotDEX formed the yield base that kept leverage and liquidity on-chain.
Capital → volume → fee stability → builders → more capital.

The sequencer made it mechanical.

@arbitrum runs 15–20 TPS with predictable finality; nearly twice Optimism’s realized rate.

Reliability compounds invisibly, and with Ethereum’s Fusaka upgrade expected to cut DA costs by 30%, sequencer margins expand further.

Its moat now rests on three layers:

➤ Liquidity density: deep collateral markets.
➤ Composability: Orbit chains and Stylus extensions without fragmentation.
➤ Credibility: RWA and restaked $ETH using it as a base.

@Optimism leans on governance unity, @base on retail funnels.

@arbitrum does what matters most: makes liquidity stay.

Velocity is the moat. Capital moves efficiently inside its walls and rarely leaves. Volume feeds reliability, reliability feeds trust, and that trust keeps the loop spinning.

Layer 2s aren’t competing on tech anymore, they’re competing on gravity. And that center of mass is still @arbitrum.

When I first heard about DeFAI, it sounded like one of those futuristic buzzwords, maybe it was too abstract or too early.

Watching it unfold over the past few months, i’ve realized it’s making sense now, especially in the data..

..this brings me to @Velvet_Capital 🧵

Der Oktober brach den "Uptober" Trend.

Anstelle saisonaler Gewinne erlebte der Kryptomarkt eines der größten Deleveraging-Ereignisse in der Geschichte.

➤ Gesamtmarktkapitalisierung: $4.27T → $3.38T (-24.1%)
➤ Hebel-Liquidationen: $19B (1.6M Trader)
➤ Spot-Rückgang: $888B gelöscht
➤ Stablecoin-Versorgung: $308.7B (ATH)
➤ $BTC-Zuflüsse (US): $3.6B im Oktober

Der Crash am 10/10 hat die Risikostimmung umgedreht.

Geopolitische Spannungen und Unklarheiten bei Zinssenkungen zogen Liquidität in Richtung Sicherheit, nicht Spekulation.

Dennoch bleibt das strukturelle Gebot bestehen. Institutionen sammeln weiterhin $BTC, trotz des Rückgangs.

Volatilität hat übermäßigen Hebel beseitigt.
Überzeugungskapital ist das, was übrig bleibt.

So wird jede Phase auf ihrer Basis neu gesetzt.

Do you know that the biggest inefficiency in perps is it’s funding and not even execution?

No one could hedge funding properly until Boros came along..

..now read on🧵

Every yield market hides a quiet cost, the price of belief.

TradFi calls it the credit spread.

In tokenized finance, it’s the credibility spread i.e the gap between assets that borrow trust and those that inherit it.

Most rwas still live on rollups and wrapped chains, each bridge and oracle adding latency to confidence, a hidden credibility tax.

In a $16t market, that’s a margin that compounds.

@ArchNtwrk closes that gap.

Its ArchVM runs inside btc’s UTXO model, and its verifier network anchors proofs directly to btc’s base layer where there’s no bridges, no custody risk, no borrowed finality.

Every transaction inherits Bitcoin’s settlement.

That’s how yield stops leaking and credibility becomes the yield itself.

ever tried building in web3 and it feels like chaos? 😩

@EndlessProtocol fixes that, an AI powered, modular infra layer that makes dApps fast, secure & effortless.

tge drops nov 11

$111M raised | $1B+ val | certik-audited | partners: alibaba cloud, stability ai, surrey uni

$EDS is 85% community owned.

join the giveaway + early airdrop 👇

Every market cycle starts with a seemingly premature story that becomes true, evolving by prioritizing price, then product.

x402 proves speculation is vital pre-capital, not just distraction 🧵

Hyperliquid and BNB Chain now dominate Layer-1 fee generation.

> @HyperliquidX share: 40% of all L1 fees
> BNB Chain share: 20%
> Solana share: down to 9% (from 50% earlier this year)
> Memecoin volume: −72% since April
> Derivatives volume: +88% QoQ across major venues

The rotation is structural.
Memecoins drove speculative bursts. Derivatives sustain recurring flow.
As volatility returned, liquidity migrated to venues where execution mattered more than hype.

BNB captured retail via #Binance Wallet and Aster.

@HyperliquidX captured traders via depth and low-latency perps.
Solana, without a new speculative driver, lost fee density.

Execution replaced speculation as the main value engine.
That’s the new onchain fee hierarchy.

I love how onchain trading is becoming effortless lately.

We used to chase charts across a dozen DEXs now we can trade any token across $ETH, $SOL, $BNB & base in one place.

And bitget just made it even better:

➤ onchain trading comp (Szn 70) is live
➤ trade on BSC, share 200,000 USDT
➤ up to 5,000 USDT each

I’ved joined in, let’s see how far we can push onchain together

🔗

I have been tracking @lbtcfoundation since the early teasers and today marks the official leap

Launched on BitMart, featured on https://t.co/5hWWeFuqgR and already teasing more listings ahead 👀

Its not your regular Bitcoin token… it’s one of the first serious plays pushing BTC into the L2 era

📊 chart looks fire!

grab the BitMart banner + let’s talk about what’s next for the Bitcoin ecosystem

➡️

I personally love when trading isn’t just about numbers but also its rhythm, instinct and timing.

The season 14 of the trading club championship is live and this time, the stage is bigger:

➤ 120,000 BGB in rewards.
➤ 2 tracks i.e spot & contracts.
➤ top traders can win up to 2,200 BGB each.

Everything these days isn’t only “profit profit”, it’s about proving your edge strategy, patience and your art of execution.

So i’ll advice you jump in now, check your live rank and let your trades do the talking

👉 Full details:

I’ll always say, when the market goes dark, crypto stays on!

Focus: prediction market & macro analysis 🧵

DeFi perpetual volume hat gerade $1.24 Billionen in den letzten 30 Tagen überschritten; ein neuer Rekord für dezentrale Derivate.

➤ @HyperliquidX: $316.4B
➤ @Lighter_xyz: $259.3B
➤ @Aster_DEX: $178.2B
➤ Offenes Interesse: $16.8B
➤ 24h Perps Volumen: $45.7B
➤ Chain-Leader (OI): Hyperliquid mit $7.5B

CEXs dominieren weiterhin den Gesamtfluss; Binance und Bybit allein haben in den letzten 24h über $96B abgewickelt, aber DEXs sind nicht mehr nur eine Nische.

Liquiditätstiefe, Hebelzugang und Produktdesign konvergieren schnell.

Einer, der mich beeindruckt hat, ist @OstiumLabs auf @arbitrum, die $4.3 B in 30 Tagen abgewickelt haben, während sie es den Nutzern ermöglichten, FX, Metalle, Energie und RWAs direkt aus ihren Wallets zu handeln.

Insgesamt hat @arbitrum $18.16 B im Perps-Volumen während desselben Zeitraums verarbeitet, was zeigt, wie die L2-Ausführung jetzt die Derivatewelle antreibt.

Der reflexive Kreislauf bildet sich:
mehr Händler → engere Spreads → tiefere Liquidität → höheres Volumen.

Das ist das dezentrale Derivate-Generator.