Christo On Chain

$pumpcade?

@PopPunkOnChain Pumpthatcade

I spent 5 months banging my head against the wall pitching VCs for them to usually just reject my product outright due to the live token. Fast forward, and we've raised $6M across 2 rounds in the span of 12 days from some of the most powerful VCs in the industry. A live token should not stop you. If your product is good, the necessary venture capital is not off the table. A lot of VCs don't understand this yet, but I believe that with @pumpcade we will rewrite the playbook on this. Launching $PUMPCADE allowed me to quit my job and bootstrap the first 6 months of my company. The community backed me and allowed me to build an MVP and get instant feedback on every feature I released. We're in the big leagues now. We are well capitalized and are setting ourselves up to deliver an experience unlike anything you've seen before. The fastest prediction markets. Any verifiable source. Resolved Instantly. Extremely grateful for our investors (@foundationcap @jump_ @pumpfun @radiosolace), our community of token holders, my team (@steoniy @gnarzilla), and a final extra shoutout to Pump Fun again for making this possible and supporting builders. Anyways, Pumpcade.

@kaledora Congratulations team. Knew all that fud was nonsense

Today, I'm thrilled to announce that we've raised an additional $24 million in new capital, including a $20 million Series A co-led by General Catalyst and Jump Crypto, along with Wintermute Ventures, Coinbase Ventures, Crucible Capital, and an incredible set of angels. They will be key to actualizing our vision: democratizing access to the highest quality and most liquid global asset markets in the world. We started Ostium with the vision of upending the legacy CFD market, an idea that Marco and I first conceptualized trading on offshore brokers in a hacker house. These platforms happily let users like us take risky positions, but when those same positions moved against them, they’d swiftly exercise discretion over pricing, liquidations, and withdrawals. It took sending countless emails pushing brokers to honor their own terms to realize the system was broken. From day one, our goal has been to fuse two core values into a single product: (1) the transparency and self-custody of crypto, and (2) the fair pricing and deep liquidity of traditional markets. Those two north stars have shaped every architectural decision we’ve made since. Scaling Liquidity To scale that model without compromise, Ostium is expanding its liquidity partnerships. The protocol will now be able to support dramatic increases in liquidity, open interest, and asset coverage, allowing us to expand into the most liquid markets in the world. This growth is supported by a core set of liquidity partners able to hedge flows across a diverse range of traditional assets while integrating directly with crypto rails. Today, Ostium’s main hedging partner services the protocol by managing the bulk of these flows, hedging exposures when they exceed certain thresholds, and ensuring open interest doesn’t skew too heavily in a particular direction. That hedging capacity will be expanded materially with new liquidity integrations. There's also a new, comprehensive dashboard detailing the live and historical hedging positions on the protocol, allowing anyone to track the residual exposure OLP is taking on at any time. Check it out at ostiscan(.)xyz. In the coming months, the Ostium protocol will evolve from a single-quote RFQ system into a competitive quoting environment, wherein makers will compete directly at the protocol level to quote and hedge large orders. Their participation will be gated and their economic alignment with the protocol ensured via an inbuilt native staking mechanism and slashing system. Why We Chose This Architecture Our architectural choices follow directly from this vision. Building a fully onchain execution engine inherently delivers transparency and self-custody. But crypto rails today often make fair pricing and deep liquidity harder, especially for longer-tail traditional assets. The result is that while many traders may think they are trading a multi-trillion dollar market like the gold market, they wind up in fact betting on an illiquid derivative thereof, subject to the often unreliable liquidity dynamics of the crypto markets. As a result, we opted to build a single-quote RFQ model, not an orderbook exchange. Ostium quotes directly from a specialized oracle, enabling the protocol to price assets at the underlying market's price (or very close to it) and offer the closest thing onchain to the execution depth that a trader would get in the real markets. Points Program Updates In line with this expansion, two changes to the points program to double down on our core focus: 1. CFD trader onboarding boost If you’re a traditional CFD trader and want to Break Up With Your Broker to trade onchain, you’ll be eligible to receive a 2x boost on all points earned for the first 30 days from signup with Ostium. If this is you (or any of your friends), please fill out the form on Ostium’s landing page and forward broker affiliation to breakup@ostium.io. (Note: not available in U.S. / for U.S. traders) 2. TradFi boost From now on, we will be increasing points program scores on all traditional assets - stocks, indices, FX, & commodities. This is the first and only trading venue in DeFi today with over 95% of open interest in traditional markets, and we will be doubling down on our core focus. Finally: if you want to work with a brilliant team, we're hiring the very best across a variety of positions. We look for exceptional and spiky people. If this is you, join us. (https://jobs.ashbyhq(.)com/ostium)

@iatskar @gondorfi Woah

a few weeks ago i interviewed a candidate for our quant role at @gondorfi tier b quant but had that hustling spirit so i shot him our test task 3 days later he returns a 23-page pdf i spent some time reading through and it was mostly ai pondering i was about to reject the guy when he suddenly emails saying he’s “stepping back due to things shifting on his end” 4 days later my friend sends me a deck from our new competitor and i see a familiar face the guy is now raising $3m for our 4-day old copycat and added his test task in the deck as "risk management case study" that's def not my quant

Genuine question for VCs At what point do you actually give up on a portfolio company that’s clearly not going to make it? Do you let them burn through the rest of the runway, or do you push founders to shut it down early and preserve whatever’s left? Curious how you think about this in practice

@pumpcade pumpcade performing better than BTC this year. Probably nothing

Updated our bio

@RealJohnnyTime @EtherFi card is absolutely goated

My bank stole €940 this year❗️ They are stealing your money too, but you might not even realize it... Traditional banks make huge profits from your savings while paying you almost nothing in return. But there is a way to get around that👇

for anyone that was not around during the 2022 crypto bear market, trust me this is way worse

@pumpcade Feel like buying some more pumpcade

Two words. Micro Markets.

@PopPunkOnChain Pumpcade is a meme coin everyone’s been asking for. Not another certified rug

The KOLs simply hate to see a token they couldn’t buy 20% of at $30K market cap with a dev that actually writes code. They all should just pump on my cade til I jackpot.

@PopPunkOnChain Jobs not finished.

job is nowhere near done

@PopPunkOnChain @coingecko Pump that Cade

hey @coingecko do you want to pump your cade until you jackpot?

@haydenzadams @newmichwill @unichain Based

@newmichwill Welcome to @unichain The fair priority ordered TEE block builder we use adds an interesting design space for AMMs yall might want to explore It effectively lets you measure the MEV of a transaction which can be very useful for setting LP fees, for example

Curve on Unichain wasn't on my bingo card🤔 But I guess, why not launch where the demand is

@0xngmi based

We've had a whole team working on this for one year, this is our biggest launch yet by a long mile I previously tested AI products, found them underwhelming and never tried them again. Didn't want it to happen to us, so we've been refining it for a year till we were proud of it

@LefterisJP Yeah kinda how I feel. Seeing all of my positions get a destroyed and to witness the overcollaterization across the entire industry on bulletproof protocols that end up getting completely rekt is just, well terrifying.

The Balancer v2 hack isn't about lost funds. It’s a trust collapse. A protocol live since 2020, audited and widely used, can still suffer a near-total TVL loss. That’s a red flag for anyone thinking DeFi is “stable.” No serious capital allocates into systems that fragile.

@ZohranKMamdani launch a meme token on @Pumpfun or @1000xClanker and you actually might be able to fund the shit you want to do

👀

@snfernandez @Balancer It’ll be really interesting seeing a @Jun1on video on this hack soon

Tempting offer for the @Balancer hacker. Besides the bounty and legal protections, this is an opportunity to redeem with the Web3 community that enabled it in the first place.

@mywebacy This is such a stupid thing to post. My least favorite part of web3 security is when mediocre security firms post “if you only used our shitty product you wouldn’t have been rekt” Shut the fuck up. You’ve just dug your own grave

@Balancer Wow hoping there is a full recovery.

Today, around 7:48 AM UTC, an exploit affected Balancer V2 Composable Stable Pools. Our team is working with leading security researchers to understand the issue and will share additional findings and a full post-mortem as soon as possible. Because these pools have been live onchain for several years, many were outside the pause window. Any pools that could be paused have been paused and are now in recovery mode. All other Balancer pools are unaffected. This issue is isolated to V2 Composable Stable Pools and does not impact Balancer V3 or other Balancer pools. Balancer is committed to operational security, has undergone extensive auditing by top firms, and had bug bounties running for a long time to incentivize independent auditors. We are working closely with our security and legal teams to ensure user safety and are conducting a swift & thorough investigation. We’re grateful to our partners and the broader DeFi community for their support. Security notice: Fraudulent messages claiming to be from the Balancer Security Team are circulating. These are not from us. Do not interact with unsolicited communications or click unknown links. Official updates will be posted only via: - This official Balancer account on X (Twitter) - Our official Discord server Be careful with communications from other sources, they can be fraudulent. We will provide a comprehensive update with more details as our investigation progresses. The Balancer Team.