Troy Yan | AI x Crypto

Honorable Mentions: Best Tokens — Tinker-Nomics by Simon Guo (RL cost calculator, reverse-engineered Tinker's stack) Best GPU — Speculative Prefill by Kunal Menda (6.2x latency reduction on voice agents, single B200) Best Slurm — Bridge Engine VLA by Terresa (2.2B VLA robot policy trained on Slurm in hours) Best GPU Optimization — llm.torch.compile by Aroun Demeure & Manoj Rao (torch.compile FXGraph capture → custom CUDA kernel injection) Most Creative — Space Machine by Troy (AI data center site selection on the Moon and Mars using NASA data) Best Vibes — Slurminator by Andi Holmes (a bot that publicly shames misbehaving Slurm users in Discord)

Applications are now open for the 2026 Paradigm Fellowship: a 4-day retreat for young people who are obsessively good at something technical. For our fourth year, we're expanding to welcome builders across every frontier — AI, robotics, energy, bio, prediction markets, or something we haven't thought of. Last year's cohort came from 10 countries. Some were undergrads, some were dropouts, some were founders, some came from OpenAI, SpaceX, Citadel, and Kalshi. The format is simple: firesides, whiteboarding sessions, and time to hack. What makes it special is what happens in between, and after. Fellows have met cofounders, started companies, and gone on to raise from Paradigm and others. I was a fellow before joining Paradigm, the retreat was a transformative trip for me, and I met some of my closest friends through the program. Apply by June 8th. Retreat runs August 12–15th.

We’re very excited to invest in MTS, a media company launching today. MTS aims to be the best place in the world to make sense of what’s happening right now. It’s what you get when you take the Current Thing to its logical conclusion. Stream starts today. Tune in.

这次KelpDAO 的 rseth 事件影响很大，详尽分析估计无法一槌定音，责任划分在 kelpdao 和L0 之间，推算一下，大概有以下一些影响，可能存在一些过度演绎，不对的地方，请指正： 1.LRT等包装资产安全性无法和原生资产相提并论，借贷平台不能平等将这两者平等混币抵押； 2.L0在后续会失去部分跨链市场，usde、usd0 等多个资产已经在停止L0的跨链，或许即使业务恢复，原先信誉也难恢复。 3.AAVE金身已破，大一统借贷市场的安全性重新进入鲸鱼审视阶段，每增加一个抵押资产都平等增加原来抵押资产的风险，这个对原生资产天然不公平，V4和 模块化是借贷产品发展的趋势，这个转变过程大概会加速。选择借贷业务，而不是借贷平台或curator，但这个业务成本在变高。 4.L2的 tvl 获取成本将进一步提升，现在 tvl 水平将进一步流回L1. 5.Defi 停止扩展路线，回归保守安全模式，还要进一步防止Anthropic Mythos的扫描。