litocoen

re $FLUID fud:

what you see right now are scared incumbents jubilating at the first opportunity to discredit their strongest competitor who has completely disrupted them

a few clarifications:

1) the ETH - USDC pool is around 20% of Fluid's DEX volume. stableswap pools have taken off massively, they make collateral on Fluid more productive and discount debt of borrowers. No one can compete with this offering.

2) Fluid has just passed $2b in TVL for this reason, $900m in active loans

3) yes the ETH-USDC (the only volatile) pool hasn't performed well - as well all know, concentrated liquidity amplifies IL and on leverage this is exacerbated even further

in DEX v1 the range is chosen for LP's and rebalanced automatically and given the crazy price volatility in last 3 months, LP's haven't been profitable

DEX v2 will let users choose their own range and come with other improvements to make volatile pairs on Fluid a long lasting success

but the TLDR; is that even if there wasn't a V2 and Fluid would scrap the only volatile pair pool it would still be completely fine and eclipse the volumes of its fuming competitors

happy for the fud though - i'll buy more 🍿

which token we aping today (and on which chain) ?

if you were bearish eth at the bottom its ok i forgive you but don’t do it again

if you're a serious defi farmer in 2025 you need to understand smart debt

smart USDC-USDT debt is essentially a cheat code to borrow stables at 1.6% instead of 5% like on most lending platforms

the only difference?

your debt is denominated in USDC *and* USDT instead of a single asset

i need $FLUID perps

@Bybit_Official @binance or @HyperliquidX who can do it first?

ethereum l2 roadmap looking good here again

if you’re wondering where the $xrp pump came from - here’s why

but it’s basically over now

short $xrp

$COIN earnings today

analysts expect q1 2025 earnings of $2.09b

think they will beat this by a juicy margin, so i just bought some on @BungeeExchange

EXTREMELY CONCERNING:

ETH STABLECOIN RAPIDLY DEVIATING FROM ITS $1600 PEG

i think this is a moment where you should just long and lock ur wallets away for a few weeks

founders that have impressed me this cycle

@gdog97_ incredible market understanding and analytical skills + insane execution on bd, hiring, product etc.

@kaiynne no crypto founders is better at PR than him - has boundless energy

@smykjain the algorithm wiz kid - has casually invented a new financial primitive

@0xMert_ king of shitposting, building narratives and tech acceleration

@MikeSilagadze impressive focus and slowly but surely expanding ether fi into new verticals

@vaibhavchellani true builder and visionary that saw need for chain abstraction and is dedicating every minute of his days to make it happen

there’s certainly more but these ones were top of mind

funding rates on @derivexyz are often negative because of traders hedging their options positions via perps

good place to go long and get paid

i love how the new bungee ui is coming along

people usually only care abt two things: cost and speed

we now make it even easier to select the preferred option

bungee auto - our own solver network - is increasingly selected by users as the cheapest option for swaps

its honestly insane that against the backdrop of the movement saga we have like 6 new L1 fundraise announcements this week

when are VC’s gonna learn?

this shit is not gonna return any money