Matt Bio 🍒
708 posts

Matt Bio 🍒
@MattPBio
Web3 | Longevity | Systems biology | Cognitive science













$HYPE trades at the exact same price as it did on this day one year ago users: 300K ➤ 1.4M (+367%) open interest: $4B ➤ $9B (+123%) trading pairs: 150 ➤ 266 (+77%) ➤ hyperliquid native stablecoin (USDH) ➤ a billion worth of buybacks ➤ multiple HIP-3 markets ➤ 30+ builder codes/apps ➤ $1B+ TVL on hyperEVM ➤ portfolio margin i've never felt more comfortable buying $HYPE than right now

We are revising our developer API policies: We will no longer allow apps that reward users for posting on X (aka “infofi”). This has led to a tremendous amount of AI slop & reply spam on the platform. We have revoked API access from these apps, so your X experience should start improving soon (once the bots realize they’re not getting paid anymore). If your developer account was terminated, please reach out and we will assist in transitioning your business to Threads and Bluesky.





Thread👇 Since I've seen the topic of LINK token releases come up often, I wanted to a short thread to clear up some misconceptions around them. 1) Token unlocks are *NOT* the same thing as token sales. 70M LINK is released to the team per year regardless if they’re actually sold or not. In fact, if you look at the supply of LINK on exchanges (cryptoquant.com/asset/link/cha…), it's closing in on a 3 year low, despite the total number of token unlocks we've had being at an all time high (because that's a cumulative number) It's actually at the lowest level as far back as this tracking tool even goes, but I don't want to overstate it if we can't see it. 2) Unlike other projects, LINK token releases don’t just fund the team, but also fund staking rewards and node oracle rewards, and other forms of network incentives. Because Chainlink is not a blockchain, it doesn't have programmatic block rewards by which to distribute inflation. Furthermore, because Chainlink is comprised of hundreds of oracle networks, it cannot have a "one size fits all" block reward because different networks have wildly varying costs due to chain gas cost and node count. Therefore, the manual token unlocks allow Chainlink Labs to use a scalpel to distribute rewards in a fine-tuned way to not overpay for node operations. 3) There is **NO** negative correlation between price and token release. Price has actually gone up after token releases historically + the period of time when LINK perfomed the worst, there was zero token releases happening. You will see my Lookonchain tweet in my thread with evidence: "Before this, Chainlink had unlocked 10 times in total, and 9 of them saw price increases 30 days after unlocking." 4) LINK is capped at 1B max supply, so token releases are finite and have an end date (with lowering inflation each year), whereas reserve buybacks will only grow in size tied to network adoption and will continue far beyond when token releases end.


We have entered into an agreement to bring the @interop_labs team – initial developers of @axelar, a leading interoperability stack – into Circle to accelerate the next chapter of multichain infrastructure with @Arc and CCTP, and we are excited to welcome new team members to the Circle family as soon as the deal closes. The Axelar Network, Foundation and AXL token are not part of this acquisition and will continue to operate independently under community governance, with @CommonPrefix leading network development. More here: circle.com/blog/circle-si…





Stablewatch Weekly Trending Yield Bearing Tokens by TVL: 1. @Neutrl – sNUSD 2. @reservoir_xyz – srUSD 3. @maplefinance – syrupUSDT 4. @ResolvLabs – stUSR 5. @SkyEcosystem – sUSDS


Amazon is a network and arguably one of the most successful networks ever built. Which is why comparisons are uncomfortable: when you line Ethereum up next to real, scaled networks like Amazon or Facebook, the valuation gap becomes impossible to ignore. Ethereum at a ~$380B valuation generates roughly ~$1B in annual revenue → 380x sales. When Amazon carried a similar valuation, it produced $136B in revenue and $2.4B in net income → 2.6x sales. That means ETH holders today are paying ~146x more per dollar of revenue than Amazon investors did. The claim that “Amazon is a company, Ethereum is a network” doesn’t resolve the discrepancy: Networks are priced on the economics they produce: revenue and cash flows. Amazon’s network effects were real, scaled, and monetizable. And the market valued them on fundamentals, not hypotheticals. TVL and “assets secured” are not revenue. Settlement volume is not revenue. TAM is not revenue. At some point, you have to put up numbers on the dashboard to support the big narrative talk








