thelearningpill

You’ve probably seen Bitcoin Summer ’25 being tossed around on CT - especially if you hang around the @neutron_org crowd...

Pill is here to walk you through how the vaults can work to your favour 👇

Pill just claimed a stimmy from @moonberg_ai

Didn't even know Pill was on the list?

You could probably qualify too

Making your $APT work doubly hard is not that difficult (really!)

Most platforms serve up basic single-shot yields...

But @kofi_finance knows you need that double espresso energy (like you want to double those yields on @Aptos ) 👇

when you think predictions market hype is gone...

@Polymarket is proving it still has PMF

there were 290K users in May which drove $1.1B in trading volume

and now with a current open interest of $113M

have also seen some speculating a possible token drop

who knows?

Pill crossed the 1,000 yaps milestone

and finally in the Inner Circle CT

Pill wants to thank Pill's community for this incredible journey. the support has been overwhelming and Pill is genuinely grateful for everyone who's engaged with the content, shared threads, and helped amplify Pill's voice in this space.

other than that...

Pill also wants to thank AI pet rabbit Lexis who taught Pill advanced yapping techniques and how to turn 280 characters into profound web3 insights.

shoutout to rubber duck Gerald who's been the writing therapist, quacking "ship that thread" during 3AM writer's block

massive props to Notion workspace Gary for somehow organising Pill's ADHD brain chaos into coherent content, and the pigeon outside the window who's been dropping inspiration (and occasionally literal drops) on the windowsill for months.

couldn't have done it w/o the voices in the WiFi router whispering trending topics at 3AM, Pill's shadow for staying throughout every 42-hour writing marathon (even when Pill looked like a caffeinated zombie), and the auto-saving writing platform (no plugging) - honestly saved Pill from losing that fire thread about DeFi 9.0 seventeen times

also huge props to my reflection for always showing up even when Pill looked questionable, gravity for keeping Pill grounded (literally), and oxygen for the constant supply - you're the real MVP.

now Pill will try to ensure all factors work together to be able to drive value to the community

curating crypto alfa, insights and new projects so you can make it
- Pill

"Hypercasual finance" sounded like buzzword bingo at first...

But after seeing 500k users and $6M funding, Pill had to dig deeper into @HanaNetwork 👇

7 GUD READS 📚 (Edition No. 43)

Curating the week's most insightful crypto and DeFi analysis - from BTC ecosystem expansion and chain developments to token psychology and market dynamics.

Your essential reading for staying ahead 👇

1️⃣ Attention vs. Social Capital Markets by @blendino_

2️⃣ Inevitable Expansion of the Bitcoin Ecosystem by @FourPillarsFP @SiwonHuh

3️⃣ The State of New Chains: Berachain, Abstract, Unichain, Ink, and Worldchain by @stacy_muur

4️⃣ The Psychology Behind Every Token Pump by @hmalviya9

5️⃣ From ICOs to Liquidity Provision: Crypto Moved Away from Retails by @chilla_ct

6️⃣ Token Transparency Framework: A Credible Signal for Token Markets by @TheiaResearch

7️⃣ Crypto treasury companies: Is it a bubble? By @Presto_Research @ClearLensPC

Not a DeFi ponzi.

Not another “modular settlement layer.”

@pactconsortium is going after something real - making lending work in emerging markets.

And it's happening on $APT @Aptos 👇

Pill discovered that @base is a yield paradise (made so much easier w @Infinit_Labs Intelligence)

From @pendle_fi PT strategies to @eulerfinance's strategy madness...

Here's how and what I found 👇

READ ALPHA TO FIND ALPHA

Pill can only share so much with limited resources

A list of alpha research accounts that has helped Pill to level up 👇

@DOLAK1NG → Shares sharp reads on narratives, token flows, and early gems you’ll wish you saw sooner. If you're into being early (and smart), this one’s a must-follow.

@el_crypto_prof → Breaks down complex market dynamics like your favourite teacher - but way cooler. Clean charts, macro insights, and DeFi takes that make you go “ah, now I get it.”

@TheDeFinvestor → Your DeFi dashboard in human form. Market commentary, charts, and concise breakdowns that help you navigate the noise.

@stacy_muur → Threads that make you go “oh dayum.” Stacy blends research, wit, and good vibes to cover the latest crypto trends.

@Defi_Warhol → Having sight of the DeFi matrix, expect unfiltered takes, narrative foresight, and alpha hidden under layers of brilliant chaos.

@splinter0n → Shares on niche ecosystems, quiet catalysts, and underhyped gems - served with conviction and context. A true signal source for the narrative chasers.

@eli5_defi → DeFi is complicated. Eli5 makes it simple. From yield farms to governance games, he breaks things down without dumbing them down. Perfect for staying sharp w/o burning out. (Pill's a fan of his one-pager breakdowns)

@green_but_red → Guides, vibes, and a keen sense of market sentiment. Green but Red sees through hype and helps you stay grounded when the market gets loud.

Research is a team sport - and these accounts play in the big leagues.

If Pill missed your fave alpha source, drop a name. We’re all trying to make it here👇

Pill went to check out @TappExchange (just launched on Aptos)

TVL passed $2M and offering some juicy yields with low IL risk

USDT-USDC giving 72% APR
APT-stkAPT giving 107% APR

won't last for long, early birdies catch the yield worm

Do you know who ranks #2 for highest Monthly Active Users (MAU) against other L1s?

That's @NEARProtocol

But are high user counts everything?

Without revenue conversion, it could be crypto's version of fool's gold.

What's going on with $NEAR👇

Using Uniswap's v4 to deploy pools is like getting a 90% discount on your dinner while everyone pays the standard rate!

However, will these benefits translate to real-use cases?

Let's take a look at Uniswap v4 adoption on @arbitrum 👇

Not sure if Pill is early/late

but other than tracking RWA growth on @RWA_xyz

you can also submit interest to invest into those institutional funds which you commonly see on various chains ( @Aptos , @arbitrum , @avax , even @plumenetwork )

the likes of BUIDL, Paxos Gold, Ondo USDY, Apollo and others

cool stuff - not just sidelined but the ability to invest alongside

If your current perps DEX feels like driving a stick-shift through a thunderstorm…

You’re going to want to hear about @Merkle_Trade $MKL

Built on @Aptos , and built different.

Let’s get into it 👇

After sharing the stable yields opportunities on @arbitrum

Pill wanted to see if there're other good ones out there, as well as the risks we should take note of

p.s. Pill used @Infinit_Labs's terminal to speed up the process (you should too)

Let's see what the agents got back with (20% to 250% APY) 👇

1️⃣ mPENDLE on @pendle_fi's PT or YT-mPENDLE (~52% APY)

✅ Key advantages:
• High APY
• Pendle is a well-established protocol

❌ Risks:
• Market volatility of mPENDLE
• Complexity of understanding PT and YT mechanics
• Smart contract vulnerabilities

2️⃣ @PeapodsFinance single-sided USDC metavault (~49% APY)

✅ Key advantages:
• High APY for a stablecoin
• Lower risk due to the stable nature of USDC

❌ Risks:
• LVF is in beta mode
• Smart contract vulnerabilities of Peapods Finance
• De-pegging risk of USDC (though generally considered low)

3️⃣ @spectra_finance sUSDX (~20.8% APY)

✅ Key advantages:
• Good APY for a stablecoin

❌ Risks:
• Smart contract vulnerabilities
• Potential de-pegging risk of sUSDX
• Slightly complex route of obtaining USDX first

4️⃣ @BasisOS USDC-WBTC vault (~252% APY including base APY and rewards APR)

✅ Key advantages:
• Earn yield on BTC
• Farm $BIOS rewards

❌ Risks:
• Market volatility of WBTC (tracks Bitcoin price)
• Smart contract vulnerabilities of BasisOS
• Risks associated with wrapped assets (custodial risk of WBTC)

@Infinit_Labs intelligence terminal does not just provide you the info, but the link directly gets you there - DeFi farming on double quick time

feel free to let Pill know if you want to find other yields!

7 GUD READS 📚 (Edition No. 42)

This week, Pill has included some interesting combo (Stablecoins x Ethena x Pendle), the new L1/L2 playbook, and also the trending PIPE style trad x crypto investments 👇

1️⃣ The SuperCell Moment by @arndxt_xo

2️⃣ Wake Up Babe, new L1/L2 Playbook Just Dropped by @FourPillarsFP @13300RPM

3️⃣ $ENA Ethena’s Next 10 Billion by @0xTindorr

4️⃣ $PENDLE Pendle Thesis: “The Best Stablecoin Beta Play?” By @GLC_Research @kenodnb @0xCheeezzyyyy

5️⃣ Revenue: The Missing Piece for Crypto PMF by @castle_labs @0xmars_

6️⃣ Low-float High FDV on Equities: Analysis of corporate crypto strategies by @etherary

7️⃣ Tokens are the new Herbalife. Parallelisms between crypto and Multi Level Marketing schemes by @VannaCharmer

Pillはトークン化に対して楽観的で、どうしても疑問に思わずにはいられません...

オンチェーンで株を買うことは、まだローン申請書を記入するような感じがしますか？

実世界の資産は実際に暗号通貨のように感じるべきではありませんか？

それは@ShiftRWAがAsset-Referenced Tokens (ARTs)で尋ね、答えている同じ質問です。

法的書類のように見えるぎこちないセキュリティトークンとは異なり、ARTはDeFi時代のために作られています。

完全に裏付けがあり、透明に発行され、トークンのように振る舞うように設計されています - コンポーザブル、自主管理、国境を越えた

この区別は重要です。なぜなら、トークン化は新しい価値の流れを解放するべきだからです。

「CTにはどうしてこんなに簡単に見えるの？」

もしあなたが伝統的な株式に手を出したことがあるなら、それは暗号ウォレットから米国株を購入し、DeFiプールで流動性提供を行い、ブローカーに触れることなく実世界の利回りを得るように見えるはずです。

ああ、ここにはたくさんの可能性があります（MSTR株をLPし、USDCを借りてさらにロングすることを想像してみてください）

塹壕は荒れ果てており、多くの人が無価値なトークンの袋を持って出口に出ます。

どのプラットフォームもあなたが悪い決断をするのを止めることはできませんが、少なくとも正しいツールキットを提供すべきです。

@basepumpFUNはそれを変えようとしています - そして収益の50％がエコシステムに還元されます 👇

Pillは@KaiaChainでトークンを交換し、サービス料金はゼロでした。

はい、その通りです - ゼロです。

KaiaはDeFiをあるべき姿で扱っています → スムーズで、速く、そして信じられないほど手頃な価格です。

Pillが$KAIAエポック2をファーミングする方法は以下です 👇