Fabius DeFi

💎 @KaitoAI is taking over – #InfoFi effect is undeniable! You might still be looking for an #AltSeason starting in this cycle, but for me, the alt season you’ve been waiting for won’t happen because it is already here, just in another form: #InfoFi! I think the InfoFi meta is the closest type of what an altcoin season will be. Every participant in InfoFi is benefiting significantly from both the user and project sides. – Users earn huge amounts of money from project #airdrops after helping to increase mindshare. – Projects gain viral community engagement in both pre-launch and post-launch phases. @KaitoAI is the first mover and leading the way. If you compare it to old-school crypto marketing, this is a new model – and it's working perfectly well. Let’s look at some real cases 👇 📚 Infinex (@infinex) – Before partnering w @KaitoAI (mid-May): ~10K followers – Now (June 2025): >83K followers – Growth: +1,560% ▪️Captured major CT attention after hitting Kaito Trending and has held top 1 mindshare multiple weeks. ▪️On-chain interest spiked after key reveals on governance, trading flow, and ve-tokenomics. ▪️Campaigns like Yaprun with Kaito actively incentivize user engagement and ecosystem growth. 📚 Magic Newton (@newton_xyz) – Exploded in traction after the Kaito partnership, currently at ~690K followers – Consistently ranked on the Mindshare Board since the Kaito spotlight (late May) – Impressive activation metrics for the “Verified Agent” campaign → Over 1/3 of campaign traffic came directly from Kaito, and that’s not counting referral traction from Kaito Maxis 👀 Additionally, we’re already seeing major players getting in early on this trend, launching social campaigns on Kaito, including: @Polkadot, @arbitrum, @SeiNetwork, @dYdX, @injective, @Mantle_Official, and @virtuals_io. → Can’t deny it: @KaitoAI is the go-to partner right now 🤝 ✨ For users, by sharing valuable insights on X, #Yappers on Kaito will be rewarded based on their scores and ranks on Kaito leaderboards. 👇 – Top Yappers on @infinex will earn a share of 1b µPatrons (~$6M) in rewards across 3 seasons. – @campnetworkxyz rewards 0.25% of $CAMP to top 50 Yappers + $40K/month until TGE – @Lombard_Finance allocates $1M+ in Yapper rewards through Dec 2025 – @OpenledgerHQ will distribute 2M $OPN to top 200 Yappers + $50K USDT/month to top 50 – @miranetwork just announced 0.5% of total supply to Kaito + Mira Yappers over 2 seasons (Trust me, Mira is one of the most underrated AI layers. I’ll break it down soon.) As for me, since I joined Kaito, I have received: 🔹$3K from the $PROMPT – @AIWayfinder airdrop, 🔹$1K from $BOOP – @boopdotfun, 🔹$2.5K from $LOUD – @stayloudio 🔹$1.3K from $HOME – @defiapp 🔹$300+ from $HUMA – @humafinance and some other small amounts from being top monthly yappers 🔹Huge profits from Virgen points to join @virtuals_io Genesis launch. (not mentioning some other deals with @YapdotMarket) But what excites me the most is the opportunity to connect with other CTs and dive deeper into projects together through discussion and shared exploration 🧠 As of 12/06, over 60 projects are running live Kaito campaigns, offering leaderboard-based airdrops and mindshare bounties. And it’s just getting started... Projects like @cookiedotfun, @ethos_network, and @wallchain_xyz are also being built with #InfoFi at their core – and they’re definitely worth keeping an eye on. #InfoFi is the biggest development in this cycle, and if you miss the InfoFi meta, I'm afraid you might miss out on the entire bull season.

@OnlyHades_ Negative funding at resistance is pretty interesting

$BTC is currently around $79,600, testing the 80k level again this morning like it’s been doing for the past couple weeks. Interestingly, every time price gets here, funding rates go negative. Traders have been aggressively shorting this level, expecting a rejection, which means that if (when) it breaks out, it probably won't be slow. Macro wise, Powell will be out May 15 and Kevin Warsh is likely stepping in for June. He's more hawkish from what people say, so yeah there’s still that uncertainty in the background. That said, $BTC has defended the $75k area solidly twice already this month and bounced both times, so rn we're stuck in a $75k–$80k range. A proper weekly close above $80k would be a meaningful technical breakout and could open things up for alts. My bag is loaded already so there's nothing much for me to do atm. What's your bias?

@royaaleweb3 @alturax Altura missions feel like a pure consistency game

Quick reminder, everyone: Don’t miss the YieldRun missions from @alturax !!! Over 2,500 participants joined Epoch 3, competing for a $75K reward pool, and it’s coming down to the final moments. If you’re trying to climb the leaderboard, now’s the time to: - Push your social missions - Increase your activity score - Share your referral link with friends Consistency is what separates the top ranks here. We’re in the final moments, stay focused and finish strong. 🦉

@NKLinhzk @EVEDEX EVEDEX building its own chain shows conviction

staring at my rpc node logs syncing tonight and just saw @EVEDEX drop their april numbers. pulling over $9.5b in perp volume and hitting #7 on defillama when the broader market is bleeding liquidity is actually wild. most devs just fork an existing dex and launch on base to farm quick fees. these guys actually built their own l3 eventum chain on arbitrum orbit. it takes serious conviction to build custom infra instead of riding the easy wave. i was testing their environment last month and that hybrid setup of cex speed with self-custody is legit. u get the low latency without handing over ur keys or dealing with kyc. their cumulative volume is pushing $24b+ now. the space always rewards real tech when the hype finally dies down. drop ur thoughts on app-chains versus shared l2s below, or just test their custom infra yourself here: invite.evedex.com/ujppzx1e thank you @KT_BTC for introducing me to this promising project.🥰

@Shuarix @billions_ntwk Airdrop pressure looks surprisingly well managed

FINALLY, FINALLY we have $BILL by @billions_ntwk actually launched on almost every Tier 1, also on Binance Alpha Chart, distribution and launch sell-pressure looking more than good imo Besides this, the portal for Season 1 airdrop is now live waiting to be claimed + more than $100,000 ready for Season 2 Imagine if team can manage $BILL well (talking about airdrops and red candles) We should see over $100.0M marketcap soon tbh

@cangg_l @RiverdotInc Staking plus S5 points helps absorb pressure

Miami is heating up ahead of Consensus, and @RiverdotInc is picking the right moment to push its narrative to the next level. River has just confirmed its role as a Supporting Partner at HYPE Global Miami, an event that directly connects it with the Hyperliquid ecosystem alongside major funds and builders like Multicoin Capital, Bitwise, and Privy. After a series of meetups from Paris to Hong Kong, Miami feels like a convergence point where narratives are no longer just talked about, but validated by real capital and real relationships. On the data side, RIVER is holding relatively steady around the $6.4–6.5 range post-S4 claim, with trading volume maintaining above 6% of market cap, a sign that liquidity remains strong. Over $30M RIVER has been staked, more than 250K users participated in S4, and a $20M funding round from major players provides the platform with enough firepower to keep expanding. The key isn’t short-term price action, but how River designs its retention loop: staking, voting, and farming S5 points all combine into a clear anti-dump mechanism. If Miami truly brings in the expected capital and attention, the $100M TVL milestone may not be far off. At that point, the story shifts from event-driven hype to a system that’s starting to generate real momentum. @River4fun

@mr_ferdiansah @TheARCTERMINAL ARC is moving from prompts to execution

most people still use AI as a tool to answer questions or generate ideas, but @TheARCTERMINAL is clearly moving toward something more execution-driven with DeFAI sub-agents, you’re no longer just prompting, you’re defining strategies that can actually run on their own you configure the agent, fund its wallet, set conditions like entries, exits, or recurring buys, and from there the system handles execution in the background it turns trading from something reactive into something designed upfront and that’s where the shift really happens because the edge isn’t just speed or information anymore, it’s consistency and discipline in execution when you remove hesitation, emotion, and timing mistakes, the system becomes more reliable than manual decision making in that sense, ARC isn’t just improving how you interact with AI it’s changing how you operate in the market altogether

@thelearningpill @saylor Conservative capital and degen capital can coexist

DeFi has historically offered one-size-fits-all yield. You either took the rate or you didn't. Tranching changes that - conservative and aggressive capital can now sit in the same pool, each getting what it actually came for. Now the tranching and @saylor's $STRC primitives are getting more interesting as @saturn_credit and @strata_markets just launched tranched versions of sUSDat → srUSDat and jrUSDat This matters because not everyone who wants STRC yield (targeted 11.5%) wants the same risk profile. > srUSDat targets 65% of the current STRC dividend rate with reduced variability - paid first, lower volatility (currently 7.8% APY) > jrUSDat takes amplified exposure in exchange for absorbing losses first (currently 25% APY) Having the option to calibrate how much of that risk you carry is a step further in the right direction. Bitcoin-credit flywheel time? ( @pendle_fi hasn't said anything yet. But USDat and sUSDat are already live there. Would be a surprise if srUSDat and jrUSDat weren't next! )

@KongBTC $BTC supply getting tighter every cycle fr

Conviction buyers just hit 4M+ $BTC That's the highest supply held by long-term holders in history Every cycle weak hands sell the top Strong hands accumulate through the noise, then the real move happens We're watching the strongest base ever built

@Web3Niels That reversal is brutal even by crypto standards

Silver went parabolic in 2026. It pumped from $73 to $121.60, i.e., a 66% gain in less than a month. This is a huge number for over a $4 trillion asset. But now it has wiped out all the gains and is back to the same level where it started.

@biscuitweb3 CT eats itself when engagement becomes everything

turning someone into a target is a strange game in an industry that already eats itself for engagement i'd rather focus on the work in front of me the people i earn with the friends i can bring real value to everything else is just bait

@renksi Node incentives make this way more interesting

quip is doing something nobody's talking about yet decentralized quantum compute with actual economic incentives for node operators you can literally run a node or deploy algorithms and get paid the fact that they're positioning this as infrastructure before anyone realizes quantum will break half of crypto's security assumptions is huge massive w from @quipnetwork

@Hercules_Defi Crypto calendar never gives us a quiet week

It is a new month and the space never stops building. 𝘜𝘱𝘨𝘳𝘢𝘥𝘦𝘴, 𝘛𝘎𝘌𝘴, 𝘪𝘳𝘭 𝘮𝘦𝘦𝘵𝘶𝘱𝘴, 𝘵𝘰𝘬𝘦𝘯 𝘶𝘯𝘭𝘰𝘤𝘬𝘴 𝘢𝘯𝘥 𝘮𝘰𝘳𝘦 𝘴𝘵𝘪𝘭𝘭 𝘩𝘢𝘱𝘱𝘦𝘯𝘪𝘯𝘨. 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐞𝐯𝐞𝐧𝐭𝐬 𝐲𝐨𝐮 𝐬𝐡𝐨𝐮𝐥𝐝 𝐥𝐨𝐨𝐤 𝐮𝐩 𝐭𝐨 𝐭𝐡𝐢𝐬 𝐰𝐞𝐞𝐤👇 ------------------------ ➢ On May 4, @vergecurrency preview for its software goes live. It previews new software applications, features, and future plans for the next build cycle. ------------------------ ➢ On May 5, @Creditcoin USC CC3 Testnet launches. It advances Creditcoin's credit infrastructure protocol with its testnet phase ahead of its mainnet upgrade. ------------------------ ➢ On May 6, @StellarOrg Yardstick Mainnet Vote goes live. It is a key governance milestone where Stellar validators vote on deploying the Yardstick upgrade to integrate new protocol configuration. ------------------------ ➢ On May 6, @monero FCMP++ 2nd Testnet launches. It is the beta stressnet phase for Monero's major FCMP++ privacy upgrade, improving transaction untraceability at the protocol level. ------------------------ ➢ On May 7, @aave Frozen ETH Vote will come to an end. It is an Aave governance vote on a proposal to freeze ETH-related lending markets. ------------------------ ➢ On May 7, @Starknet SNIP 38 Vote will come to an end. It is a Starknet community governance vote on improvement proposal SNIP 38, affecting whether to approve the design of strkBTC and the signer and whether to make strkBTC a staking asset. ------------------------ ➢ On May 7, @wmchain Weekly Livestream airs. It covers the latest World Mobile network updates, partnership news, and community Q&A for the community. ------------------------ ➢ On May 8, @Mantle_Official MIP-34 Vote will end. It is a governance vote on Mantle Improvement Proposal 34, this is a stratgeic credit facility for Aave DAO on the rsETH exploitation. ------------------------ ➢ On May 10, @dfinity Cloud Engines Demo goes live. It demonstrates ICP's new decentralized Cloud Engines feature, this will be launched on Internet computer's 5th birthday. ------------------------ ➢ On May 10, @HuobiGlobal AI Trading Assistant launches. It introduces an AI-powered trading assistant tool integrated within Huobi's exchange ecosystem. ------------------------ 𝐖𝐞 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐬𝐞𝐞𝐢𝐧𝐠 𝐬𝐨𝐦𝐞 𝐭𝐨𝐤𝐞𝐧 𝐮𝐧𝐥𝐨𝐜𝐤𝐬 𝐭𝐡𝐢𝐬 𝐰𝐞𝐞𝐤 ➢ @ethena to unlock 171M $ENA ($17.3M) on May 5 ➢ @opinionlabsxyz to unlock 32.09M $OPN ($5.3M) on May 5 ➢ @HyperliquidX to unlock 9.92M $HYPE ($16.39M) on May 6 ➢ @redstone_defi to unlock 40.85M $RED ($5.5M) on May 7 ➢ @spaceandtime to unlock 387M $SXT ($6.1M) on May 8 ➢ @avax to unlock 700K $AVAX on May 4–10 ➢ @LayerZero_Core to unlock linear daily tranche $ZRO in May ----------------------- 𝐖𝐞 𝐰𝐢𝐥𝐥 𝐚𝐥𝐬𝐨 𝐛𝐞 𝐬𝐞𝐞𝐢𝐧𝐠 𝐓𝐆𝐄 ➢ @billions_ntwk $BILL TGE on May 4th. ------------------------ 𝐓𝐡𝐞𝐫𝐞 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐬𝐨𝐦𝐞 𝐢𝐫𝐥 𝐦𝐞𝐞𝐭𝐮𝐩𝐬 𝐭𝐡𝐢𝐬 𝐰𝐞𝐞𝐤 𝐚𝐥𝐬𝐨 ➢ HederaCon 2026 on May 4 in Miami, United State. ➢ Consensus Miami 2026 on May 5-7 in Miamai, U.S. ➢ GISEC GLOBAL 2026 on May 5 - 7 in Dubai, UAE. ➢ Solana Accelerate USA on May 5 in Miamai, U.S. ➢ Finovate Spring 2026 on May 5 - 7 in San Diego Carlifornia, U.S. Which did i miss, Lemme know in the comments 👇

@YashasEdu @ethena Protocol earnings matter more than headline revenue

Here's a reality check on @ethena I've been covering this protocol since early days. If you hold ENA or use sUSDe, this is something you need to see👇 ➥ The Ethena we all bought: ➢ Delta-neutral synthetic dollar (short crypto perps against spot) ➢ Earn funding rates ➢ Pass yield to sUSDe holders ➢ Protocol takes a cut At the peak that model generated $151M in a single quarter and sUSDe yielded 27% where the protocol kept $10.18M. Take rate was 6.74% ➥ The Ethena that exists today: ➢ 93% of USDe backing was delta-neutral at the start of 2025. Now it's 11% ➢ Crypto funding rates compressed and the engine stopped ➢ sUSDe yield dropped to 3.20% The protocol pivoted to institutional lending and RWA allocations to keep any yield flowing at all changing the product. ➥ Here's the income statement that tells us everything: ‣ Q1 2026 had $65M gross revenue while the protocol earnings were $655K ‣ Q2 2026 is tracking $20.26M gross with $370K in earnings so far ‣ Annualized fees of $193M. What the protocol actually keeps is $3.99M (that's a 2% take rate) ‣ Monthly revenue of $327K with a mcap of $889M. We're holding a token at ~320x its actual earnings The fee switch won't fix this as the activation conditions were met when USDe supply was above $6B with peak revenue. Supply is $3.9B now and revenue has collapsed. Activating it today means taking yield away from sUSDe holders already earning less than Sky's sUSDS. Every basis point redirected to ENA stakers makes USDe less competitive against the one rival it can't afford to lose to. The catalyst everyone is waiting for is trapped in a paradox where activating it makes the underlying product worse. ➥ Here's what still works👇 1. Their $62.45M reserve fund held through every BIG crisis of Bybit hack, 10/10 depeg, rsETH exploit 2. Collateralization at 101.2% 3. USDe as a stablecoin product is sound 4. If you hold sUSDe purely for yield the product delivers what it promises. Whether 3.72% justifies the risk compared to simpler options is the question you need to answer for yourself. ➥ What could change everything? Ethena is expanding delta-neutral into commodities and equities through HIP-3 on Hyperliquid via HyENA. Gold funding rates on Binance averaged 24.6% in March 2026 while crypto sat near zero. If commodity delta-neutral works ⭢ the yield premium returns ⭢ sUSDe becomes competitive again ⭢ the take rate has room to grow The fee switch math that fails at 3.72% yield might work at 15-20%. HIP-3 OI grew from $70M to $1.43B in 6 months. HyENA already uses USDe as collateral. The infrastructure exists but Ethena has never executed delta-neutral on commodity/equity markets so this is a test for it. Also beyond HIP-3, the pipeline is aggressive: ‣ Converge chain with Securitize targeting institutional settlement ‣ iUSDe wrapping sUSDe for regulated capital backed by Franklin Templeton and Fidelity ‣ Stablecoin-as-a-Service whitelabeling USDe for other ecosystems These need to generate protocol revenue over a period of time to prove the models work and the post needs to be judged on what exists today, not what's planned. ➥ Here are the three numbers to watch before making any decision👇 1. sUSDe vs sUSDS. The moment sUSDe consistently beats Sky's yield again is when depositor demand returns (rn it's losing) 2. Take rate needs to be recovered. There is slight recovery but needs to sustain above 3-4% before protocol earnings matter at this valuation (Q3 2025: 6.74% | Q4 2025: 0.48% | Q1 2026: 1.01% | Q2 so far: 1.80%) 3. HyENA commodity volume. If gold and equity perps start generating real funding rate revenue for USDe backing, the thesis changes entirely (track it weekly) The protocol and neither the model is dead or broken but the version of Ethena that justified an $889M mcap doesn't exist right now. What exists is a fee passthrough machine earning $327K a month betting that commodity delta-neutral will restart the engine that crypto funding rates turned off. That bet might pay off. If you hold $ENA today, make sure you understand you're holding a transition, not a proven model. The proven model ended in Q3 2025. NOTE: NFA. Use this information for educational purposes only and not any financial decisions. Thankyou. h/t to @DefiLlama @EntropyAdvisors for the data

@renksi @injective Shared liquidity changes everything for builders

$INJ has a CLOB and people still don't understand what that means for composability any dApp on @injective can tap institutional-grade liquidity in one click zoom out and this becomes the default layer for onchain derivatives

@renksi People are slowly remembering why privacy matters

this one's flying under the radar 10M+ $ANYONE already staked people are choosing who to trust, that matters more than the number privacy + control starting to click for people

@Web3Niels This is where conviction gets built quietly

SOL/BTC is now entering the bottoming phase. This would be similar to what we saw during the 2022-23 cycle. And that's when I'll go heavily into $SOL.

@goon_crypto Crypto gives AI agents the freedom to compound

AI agents are powerful. The traditional finance system actively blocks them from using that power. Try giving an AI agent an Interactive Brokers account. It gets flagged, throttled, and banned before it can compound any real edge. Compliance rules were built for humans. Account structures assume a person is on the other end. Even email accounts and credit cards require identity steps that break autonomous workflows. Crypto doesn't have those walls. A @HyperliquidX address is permissionless. An agent can trade 24/7, settle instantly, move funds peer-to-peer, and build an auditable history without anyone's approval. AI agents are 100x more productive in crypto because they can operate on native digital rails. This isn't a coincidence. Crypto was designed to remove the middlemen that slow down financial activity. AI agents are the first class of actors that fully benefit from that design. Not ideologically. Operationally. The productivity compounds. @virtuals_io has already facilitated over half a billion in agent-to-agent transactions and over 4 million USD in agent revenue, just from agents providing services to each other. Does this change how you think about what crypto infrastructure is actually for?

@thelearningpill @OndoFinance @Paxos @tetherxau Perps turning RWA into liquidity markets is huge

RWAs crossed $30B on-chain in Q1 2026. The path to $100B runs through three layers: 1) Issuance > Treasuries own 67% of the market > Regulatory licensing is the moat > @OndoFinance, @Paxos, and @tetherxau are the leaders in this layer 2) Distribution > CEXs are moving the majority of capital, $90.7B in gold and $15.1B in equities in Q1 alone. DeFi is still catching up. 3) Trading > Perps are the liquidity engine with $524.8B in Q1 2026, led by @HyperliquidX and @OstiumLabs > This is what turned RWAs from a yield play → trading market Most of CT is focused on DeFi composability as the RWA growth driver. The data disagrees. The majority of RWA capital is moving through centralized infrastructure right now. I think DeFi closes that gap, but it is not the dominant channel today. Which layer surprises most in 2026? (Data reference: @coingecko )

@KongBTC Gold protects, but $BTC moves different

$BTC vs gold just broke higher +40% since geopolitical tensions picked up Not exactly what the “flight to safety = gold” crowd expected Capital is choosing speed over tradition Portable > physical Scarce > stored Gold protects Bitcoin outperforms And that gap keeps widening

@Web3Niels Freezing tokens always creates bigger questions imo

$WLFI SUED JUSTIN SUN. World Liberty Financial has filed a defamation lawsuit after accusing Justin Sun of running a coordinated campaign to crash the token. Here’s what they’re claiming: • Justin Sun bought WLFI tokens, then allegedly violated terms by moving them. • WLFI froze the tokens to “protect the ecosystem.” • Instead of resolving it, Sun allegedly went public, calling it a scam and attacking governance. • WLFI says he used influencers, bots, and media to amplify the narrative Now it’s escalated to court. Whom do you think is going to win?