web3parser.eth

Minimum price of any token = $0 Minimum market cap of any project = $0 Not $100M. Not $50M. Not $10M. Zero. When some broke 19 y/o degen tweets “this project is cheap, cap is only $100M”, I just wanna reply: “Bro… do you even understand what $100 million is? $10 million lets the CEO buy a mansion, pay off his parents’ mortgage and set his family up for life after one unlock & dump on suckers like you. Meanwhile you’re still rocking the same holey sneakers and buying shitcoins at 0.0001 hoping for moon.” It’s a game. But in this game someone walks away rich and someone walks away broke and broken. Stay grounded. Protect your money. Protect yourself. #Crypto #Shitcoins #DYOR #CryptoCrash

Hey @prjx_hl team, Just wanted to say thank you for the reward - it was a nice gesture. I’ve been earning pretty well providing liquidity in your pools, so I’ll continue keeping my liquidity in the protocol. Quick question: will points continue to be accumulated going forward? And are you planning any other campaigns in the near future to attract new users and reward loyal community members? Appreciate the work!

We just airdropped $1m to our community. Check your wallets.

My Favorites: @GMX_IO - The “old reliable”. “Trade From Your Wallet”, the most adequate and predictable funding rate. Meets most of my criteria. @Ostium - “Trade From Your Wallet”, decent funding rate. Meets most of my criteria. Had a rather strange experience with their vault - I deposited a certain amount and withdrew my funds two months later with a 2% loss, but this has nothing to do with trading. @HyperliquidX - Meets most of my criteria. Sometimes I use: @etherealdex - Meets most of my criteria. Interesting point - they pay up to 27% APR on trading balance. @pacifica_fi - Meets most of my criteria. Funding rate is not always clear/predictable. I don’t use: @Lighter_xyz - “Leaky” order book (the spread between buy and sell on the same instrument was around 3%); inadequate funding rate (opened a long with ~3.5% funding, a few hours later the funding on the position changed to 61% while the market was stable), withdrawal fees higher than most competitors.

My Perp DEXs: What I Use and Why The perpetual futures market is extremely dynamic. What worked great yesterday can disappoint in just a couple of months. That’s why I decided to make this post in the format of a “living guide”. In the main post - my general approach and evaluation criteria. I will regularly update the current ranking and my favorites in the replies. Let’s go. It’s hard to single out the “most” important criteria - for me they are all important: • General information about the project (team - doxxed or anonymous; investments in the project; community support; trading volume; geo-restrictions/KYC risk; past exploits/incidents, etc.) • Trading terminal (convenient or inconvenient for me; whether it has all the information I need - current funding rate, liquidation price when opening a position; order execution speed; platform/chain/RPC stability, etc.) • Deposits and withdrawals (custody model: deposit-based vs trade from wallet - my favorites are projects with “Trade From Your Wallet”; besides - supported blockchains, withdrawal fees, deposit/withdrawal speed, etc.) • Trading conditions (liquidity in the order book; slippage and price impact; adequate/inadequate funding rate; supported collateral; commissions, etc.) • Number of trading instruments (perhaps the least important criterion for me - because I don’t keep all my funds in one protocol for security reasons, and if I like a project, I trade the instruments available there) Why did I decide to make an updated post about perp DEXs - even though I don’t consider myself a trader? The thing is, I actively use perpetual futures to hedge my DeFi strategies and spot portfolio. I’ve talked many times about my crypto market strategy - it’s very simple: • 70% of my capital is in stablecoins (this part works in delta-neutral strategies, funding arbitrage, liquidity pools) • 30% is BTC, LTC and top altcoins. I only add to positions with profits from stables. Here’s an example of how I hedge my spot LTC position. My average entry on LTC is around $35. I’m ready to hold this coin until it updates its ATH (around $400). But when the price reaches $110–130, I’m up 300% and consider it reasonable to open a hedge on part of my LTC position by selling 20-30% through a perp dex. If the price goes up, my net spot LTC position (about 70-80%) grows faster than the loss on the short hedge. If the price drops - I close the short with profit (last time I opened a short at $130 and closed around $70). Plus I usually earn some percentage on funding. I also open short hedge positions on part of the assets that are working in my liquidity pools (usually moderately volatile assets that I can control). For example, I have pools with stocks paired with stables like GOOGLx-USDC or NVDAx-USDC on @byreal_io - I can hedge part of the position by shorting these stocks or the whole index through perps. That’s why I will update this post in the replies with current perp DEXs and my experience with them. #PerpDex #PerpetualFutures #CryptoTrading #DeFi #Hedging #Crypto #Trading #Derivatives #Perps

May 22 — Bitcoin Pizza Day 🍕 The day when one guy bought two pizzas for 10,000 BTC and went down in history as the most generous person in crypto. Here’s how BTC price looked on this exact day over the years: 2010 — $0.004 2011 — $4.25 2012 — $13.51 2013 — $751 2014 — $320 2015 — $430 2016 — $963 2017 — $14,156 2018 — $3,743 2019 — $7,194 2020 — $28,949 2021 — $29,374 2022 — $47,687 2023 — $16,625 2024 — $44,167 2025 — $111,800 2026 — $77,300 Moral: If someone told me in 2010 that two pizzas would one day cost more than my apartment… I’d still have ordered those two pizzas 😂 Happy Birthday to the most overpriced delivery in human history 🍕 #BitcoinPizzaDay #Bitcoin #BTC #CryptoHistory #PizzaDay #Crypto #BitcoinMemes #HODL

Some crypto treasury stocks let you buy $1 of BTC or ETH for $0.70. Others make you pay a premium for the same crypto exposure. The metric to watch is mNAV. mNAV (multiple to Net Asset Value) shows how expensively the market values that crypto through the company’s stock price. In simple terms: For every $1 of crypto on the company’s balance sheet, how much are you paying? How mNAV is calculated: 1. Market Cap version Company’s market capitalization ÷ Value of crypto assets on balance sheet 2. Enterprise Value version (more accurate) (Market Cap + Debt − Cash) ÷ Value of crypto assets Why add debt? Because buying the company means taking on both its assets and all its liabilities. Current examples (May 2026): Strategy (MSTR) - BTC mNAV ≈ 1.02x – 1.33x (trading at a premium) Bitmine (BMNR) - ETH mNAV ≈ 0.7x – 0.8x (trading at a discount) SharpLink Gaming (SBET) - ETH mNAV ≈ 0.69x (trading at a discount) Solana treasury companies Usually trade in the 0.6x – 1.1x range Disclaimer: mNAV changes constantly depending on both the company’s stock price and the price of the crypto assets on its balance sheet. Key takeaway: mNAV helps you understand whether you’re buying crypto at a premium (overpaying) or at a discount through company shares. Right now, some Ethereum-focused companies appear significantly cheaper than classic Bitcoin plays. Addition: I wouldn’t blindly rely on mNAV alone. A classic example is SBET in July–August 2025: the stock was trading around $38 while ETH was at ~$4400. Since then, Ethereum has dropped roughly 2x, while SBET shares have fallen more than 6x. So the idea of “buying undervalued mNAV stocks + shorting ETH” can turn out to be a pretty risky arbitrage in practice😏 #mNAV #Bitcoin #Ethereum #MSTR #BMNR #SBET #Crypto #BTC #ETH

Hey! Good question. The ~55% APR I showed is quite volatile. It fluctuates a lot depending on trading volume in the pool. In quiet periods it can drop to 15-30%, while during high volatility on HOOD it can easily go above 70-80% and sometimes higher. But even with the fluctuations, it still provides a nice additional yield on the speculative hedge portion of the position alongside my main long-term holding with the traditional broker.

@web3parser Hey! Quick question about the HOODx position: is that ~55% APR relatively stable, or does it fluctuate a lot depending on trading volume and market conditions?

I bought Robinhood shares in two completely different ways - and one of them makes me money even when the price doesn’t move. Here’s a practical example of how DeFi actually expands opportunities for a traditional investor. I decided to add Robinhood (HOOD) shares to my long-term portfolio. The current price of ~$77 fully suits me. What I did: • Bought 100 shares through a traditional broker - this is my main, “untouchable” long-term position. • Bought another 30 shares through @xStocksFi on Solana at the same price of $77. • Added them to a liquidity pool on @Raydium: HOODx / USDC (1% fees) Price range: $65–90 Estimated APR (based on last 30 days): ~55% Now I have two different positions in the same asset: • Traditional - classic HODL with clear take-profit targets. • DeFi position - flexible and income-generating even if the price stands still. How it works in practice: • If the price stays in the $65–90 range → I steadily collect trading fees and can withdraw profits literally every day. • If the price goes up (e.g. to $100) → I get solid unrealized gains on the broker position + fees + my 30 shares gradually sell at higher prices than my entry. • If the price drops below $65 → I was planning to hold long-term anyway, so I simply bought more at a better average price. Plus I still earned fees the whole time. Calm, no hype, no “100x”. Just smart use of available tools. Important note: Not all instruments (there are already 70+) have good liquidity on DEX yet. Popular Big Tech stocks and indices trade fine, but for example, I recently wanted to buy the oil & gas ETF XLE - it was almost impossible to execute properly on DEX. Still, the project is developing fast, and I believe they will solve the liquidity issue over time. P.S. Why Robinhood specifically? The company is successfully diversifying away from crypto, showing steady user growth and strong Gold subscription revenue. After the earnings report, the stock has already “rested” and looks less overheated compared to NVDA, GOOGL, or MSTR. This is partly a reinvestment of profits from other instruments, and at the same time a modest hedge in case the market does go up. Although, as I’ve said many times before, I remain quite skeptical about strong growth prospects in this cycle and continue to keep the majority of my capital in defensive positions. P.P.S. By the way, xStocksFi is currently running a rewards campaign - they give additional incentives for using the product. Check it out if you're interested. P.P.P.S. This post is not sponsored. I haven’t received any compensation from xStocksFi or any other project for it. Just sharing a real example from my own portfolio. Because I’m using specific projects as concrete examples, this post might come across as promotional. So for full transparency and to stay safe, I’m tagging it as #Ad 😅 #DeFi #RWA #RealWorldAssets #YieldFarming #xStocksFi #Raydium #Solana #Investing #StockMarket #Investment

Hey. Sorry to hear that, losing 1.09 BTC is a really painful hit. The fact that it’s been 3 years and there’s still no root cause analysis, no proper report, and no communication from @AtomicWallet or @gladkos is simply unacceptable. The team has completely disappeared from any communication, even though hundreds of millions of users’ funds were affected. Unfortunately, stories like this are still way too common in the industry. The lack of transparency and accountability after a hack is a massive red flag.

@web3parser I lost 1.09 #BTC in the Atomic Wallet hack…😢 3 years and no news, no root cause from @AtomicWallet dev team or the CEO @gladkos 🤬 #atomicwallethack

This is just a tiny fraction of the biggest crypto projects that got rekt and lost serious money: • 1inch (10.2024 - Fund Lost $720,000) • Atomic Wallet (06.2023 - Fund Lost $100,000,000) • Balancer (09.2023 - Fund Lost $238,000) • BingX Exchange (09.2024 - Fund Lost $52,000,000) • Bungee (01.2024 - Fund Lost $3,300,000) • Bybit Exchange (02.2025 - Fund Lost $1,400,000,000) • CoinEx Exchange (09.2023 - Fund Lost $70,000,000) • Curve Finance (08.2023 - Fund Lost $70,000,000) • Deribit Exchange (11.2022 - Fund Lost $28,000,000) • Drift Trade (04.2026 - Fund Lost $285,000,000) • dYdX (11.2023 - Fund Lost $9,000,000) • Gala Games (05.2024 - Fund Lost $21,000,000) • Heco Bridge (11.2023 - Fund Lost $86,600,000) • Hedera Blockchain (03.2023 - Fund Lost $515,000) • HTX/Huobi Exchange (11.2023 - Fund Lost $30,000,000) • Holograph (06.2024 - Fund Lost $6,700,000) • Hyperbridge (04.2026 - Fund Lost $2,500,000) • Kelp (04.2026 - Fund Lost $293,000,000) • KyberSwap (11.2023 - Fund Lost $48,000,000) • LiFi / Jumper Exchange (07.2024 - Fund Lost $9,700,000) • Morpho Blue (10.2024 - Oracle Exploit $250,000) • MyAlgo Wallet (02.2023 - Fund Lost $9,200,000) • OKX DEX (10.2023 - Fund Lost $2,700,000) • OKX NFT Aggregator (06.2024 - Fund Lost $14,000) • Poloniex Exchange (11.2023 - Fund Lost $126,000,000) • Pump Fun (05.2024 - Fund Lost $2,000,000) • Radiant Capital (10.2024 - Fund Lost $51,000,000) • Raydium (12.2022 - Fund Lost $4,400,000) • Rho Markets (07.2024 - Fund Lost $7,500,000) • Ronin (03.2022 - Fund Lost $624,000,000) • SolvBTC (03.2026 - Fund Lost $2,700,000) • Step Finance (01.2026 - Fund Lost $40,000,000) • Sushi Swap (04.2023 - Fund Lost $3,500,000) • uniBTC from Bedrock (09.2024 - Fund Lost $1,700,000) • Velocore (06.2024 - Fund Lost $6,800,000) • Venus Protocol (03.2026 - Fund Lost $3,700,000) • WOOFi (03.2024 - Fund Lost $8,500,000) • zkFinance (11.2024 - Fund Lost $200,000) This is not the full list. It’s just a reminder that any exchange, wallet, or DeFi protocol can get hacked. If there’s money sitting there - sooner or later someone will try to take it. Nobody is safe. Not even the biggest projects with millions of users and multiple audits. They still lose hundreds of millions in minutes. Want to sleep peacefully? Then do this: 1. Use a hardware wallet (Ledger, Trezor, etc.) for your main stack. 2. Never give your seed phrase or private keys to anyone. Ever. 3. Enable 2FA everywhere it’s available. 4. Double-check every URL and app. Phishing isn’t going anywhere. 5. Don’t keep all your eggs in one basket. Spread your assets across multiple wallets and platforms. 6. Use strong passwords + a password manager. 7. Before touching any DeFi protocol, check its reputation and security history. That “50% APY” often smells like a graveyard. 8. Follow hack news. Being informed won’t save you from everything, but at least you won’t be shocked when shit hits the fan. Diversify or die. In crypto, security isn’t paranoia - it’s a basic survival skill. #Crypto #DeFi #CryptoSecurity #Rekt #CryptoHacks #HackAlert #DeFiSafety #Havebeenhacked #DiversifyOrDie

Agreed, the project is strong and definitely has potential. However, after the Kelp DAO hack, I’ve personally become more uncertain about adding ZRO to the portfolio. I used to buy on dips sometimes, but now I’ve decided to step back and just watch how things develop - especially how the team handles security issues and value capture for the token.

Fair points, but I think it’s still too early to fully dismiss #ZRO. The token lacks value capture for now and recent events hurt sentiment, yet LayerZero still has strong infrastructure and real adoption. If the team later activates a fee switch or revenue-sharing model, the entire narrative around ZRO could change very quickly. 👁️

#ZRO #LayerZero #Kripto 🚨 ZRO (LayerZero) NEDİR, PARA KAZANIYOR MU, ALINIR MI❓ Boş hype mı yoksa geleceğin altyapısı mı? Net anlatıyorum karar senin 🧠 1) PROJE NE YAPIYOR? LayerZero şunu çözüyor: 👉 Farklı blockchain’leri birbirine bağlar (Ethereum ↔ Solana ↔ Arbitrum vs.) 📌 Yani: “Kriptonun internet altyapısı” olmaya oynuyor 💰 2) PARA KAZANIYOR MU? 👉 EVET sistem para üretiyor AMA 👇 ❌ Bu gelir şu an ZRO token’a gitmiyor ➡️ Kullanıcılar ücret ödüyor ➡️ Ama token sahipleri pay almıyor 📌 EN KRİTİK NOKTA BU 💥 3) OYUNU DEĞİŞTİRECEK ŞEY 👉 “Fee switch” (ücret paylaşımı) açılırsa: ✔️ Protokol gelir üretir ✔️ Token geri alımı olabilir ✔️ ZRO gerçek değer kazanır 👉 Açılmazsa? ❌ Sadece kullanılan ama değer üretmeyen coin olur ⚠️ 4) EN BÜYÜK RİSKLER ❌ Token unlock (satış baskısı) ❌ Token’a mecburiyet yok ❌ Rakipler güçlü (Wormhole, Axelar) ❌ Airdrop sonrası klasik dump davranışı 📌 Yani: Kullanım var diye fiyat artacak diye bir şey YOK 📈 5) GÜÇLÜ YANLAR ✔️ Büyük yatırımcılar (a16z vs.) ✔️ Gerçek kullanım var ✔️ Omnichain trendinin TAM ortasında 📌 Bu yüzden tamamen çöp değil 🎯 6) EN NET GERÇEK 👉 LayerZero = güçlü proje 👉 ZRO = henüz oturmamış yatırım “Her kullanılan sistem, token’ını zengin etmez.” ⚖️ 7) SENARYO ANALİZİ 👉 Fee sistemi GELİRSE: 📈 ZRO = ciddi değerlenme potansiyeli 👉 Gelmezse: 📉 ZRO = hype + spekülasyon 💥 SON SÖZ: Bu coin ya büyük oynar ya tamamen söner Ortası yok.🎯 📌 Bu piyasada kazananlar: 👉 Hikaye satın alanlar değil 👉 GELİR MODELİ olan projeleri alanlar

Fully agree. As long as the token captures none of the protocol’s real activity, the whole story remains mostly speculative. ZRO could have received a real boost after the announced L2 launch, but after the Kelp DAO incident, these prospects have noticeably dimmed. Strong infrastructure is a necessary condition, but far from sufficient for a strong token. Looking forward to concrete details from the team on monetization and value capture.

Exactly. The key issue is not whether LayerZero has usage because it clearly does but whether #ZRO holders will eventually benefit from that revenue. Right now the project has strong infrastructure, integrations, and real activity, yet the token itself captures none of the value. Until a fee switch or revenue-sharing model is activated, ZRO remains more of a speculative narrative than a fully sustainable investment thesis. 👁️

@theunhashed Incidents like this force the market to reassess infrastructure risks. It will be interesting to see how LayerZero responds to this situation and whether it can regain trust.

A $292M exploit just triggered one of crypto’s biggest infrastructure breakups. Kelp DAO is dumping #LayerZero for #Chainlink after its rsETH bridge hack exposed a shocking flaw. Even worse? Nearly 47% of LayerZero apps reportedly used the same setup. theunhashed.com/kelp-dao-dumps…

135 million messages is a serious track record. If the infrastructure continues to operate reliably, it could become one of the important tools for future tokenized markets. At the same time, after recent events in the LayerZero ecosystem, many continue to closely monitor bridge security and configurations. It will be interesting to see how Ondo scales this solution going forward.

Le bridge d’#Ondo, construit sur #LayerZero, permet déjà de déplacer USDY et des actions tokenisées entre plusieurs blockchains majeures. Pas de wrapped assets : les tokens sont burn puis mint de manière native. Avec 135M de messages transmis et 60B$ facilités, l’infrastructure est déjà là pour les marchés tokenisés du futur.

Kraken has indeed switched to Chainlink CCIP instead of LayerZero. This is another notable migration case following the Kelp DAO incident. For LINK, this move is undoubtedly a positive development that increases the protocol’s real usage and utility in the cross-chain space. At the same time, it’s important to understand that one major client doesn’t make Chainlink a monopolist. Competition in cross-chain infrastructure remains high, and further adoption will depend on reliability, speed, and cost-effectiveness of the solutions in the long term.

#Kraken is now utilizing #Chainlink CCIP instead of #LayerZero. This shift benefits $LINK holders as it increases the protocol’s adoption and utility within cross-chain solutions

Following the Kelp DAO incident, these migrations are starting to look like a systemic trend. Major protocols and companies are increasingly opting for more battle-tested solutions in the cross-chain space. This is a logical market reaction to security concerns. It will be interesting to watch how widespread this shift becomes in the coming months.

🗞️ Kripto para borsası #Kraken, 292 milyon dolarlık #KelpDAO saldırısının ardından wrapped Bitcoin token altyapısında #LayerZero yerine #Chainlink CCIP entegrasyonuna geçti. Şirketin bu hamlesi, son dönemde köprü protokollerine yönelik güvenlik endişelerinin artmasıyla birlikte daha güvenli çapraz zincir iletişim çözümlerine yönelimin hız kazandığını gösterdi.

This is no longer an isolated case, but a continuing trend. After the Kelp DAO incident, major protocols are one by one starting to change their cross-chain infrastructure in favor of more conservative solutions. It will be interesting to watch how widespread this shift becomes and how LayerZero responds to losing a significant portion of TVL.

🔥 UPDATE: @Lombard_Finance is replacing #LayerZero with @Chainlink CCIP for LBTC and BTC.b cross-chain infrastructure.

The question everyone is asking right now is the right one: is this a conscious choice for better security, or simply a market reaction driven by fear? Most likely both. The Kelp incident clearly highlighted the risks of certain bridge configurations, and many major protocols decided to play it safe. At the same time, migrations of this scale always show how sensitive the market is to infrastructure security concerns. It will be interesting to see how LayerZero responds to this outflow and whether it can regain trust.

🚨 $1.000 millones migran de #LayerZero a #Chainlink CCIP tras el exploit en Kelp DAO. ¿Seguridad o miedo al caos?

Is LayerZero Losing Its Shine? After the $292 million Kelp DAO hack, many in the community pointed the finger at LayerZero’s bridge. As a result, a noticeable exodus of major players has begun. According to recent data, protocols with a combined TVL of over $4 billion have already migrated or are in the process of migrating from LayerZero to Chainlink CCIP. This includes Kelp DAO, Solv Protocol, Kraken, Lombard Finance and others. This isn’t just an isolated incident. It’s a clear signal that after a major exploit, the market is starting to reassess cross-chain infrastructure risks and favor more conservative, battle-tested solutions. What’s particularly interesting is that against this backdrop, LayerZero’s announced L2 launch scheduled for autumn now looks increasingly uncertain. I’ll be watching closely how this story develops. #LayerZero #RWA #Bridge #CrossChain #DeFi #Crypto #Altcoins

@jup_burst @JupiterExchange @tritonpoker @xxl23 @xStocksFi Thank you for the quick reply and for forwarding the feedback to the team. I’d be happy if you manage to improve liquidity on instruments like XLE and other RWAs. It would greatly enhance the experience for everyone. Good luck with the development!

@web3parser @JupiterExchange @tritonpoker @xxl23 @xStocksFi Hi there, thank you for flagging this. I have forwarded this to the team for further checking. 🫡

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