Pantera Capital

6.7K posts

Pantera Capital banner
Pantera Capital

Pantera Capital

@PanteraCapital

First U.S. institutional asset manager focused exclusively on blockchain technology. Subscribe to our monthly letter: https://t.co/Gy0Apw7uUG…

San Francisco, CA Katılım Ocak 2014
472 Takip Edilen223.1K Takipçiler
Pantera Capital
Pantera Capital@PanteraCapital·
Hyperliquid and Polymarket dominate in the West. In Asia, there is no equivalent. TurboFlow is building it. @tonytfxyz (@TurboFlow_xyz) joins Stateful, hosted by @masonnystrom. In this episode, they discuss why Asia has been missing a world-class trading platform and how TurboFlow is building it: - Asian traders operate in communities, not alone. That changes everything about product design. - Prediction markets beat perps for retail: click yes or no on anything. No margin knowledge needed. - $9 trillion in perps volume in 2025. Still only 75K to 200K daily active traders on-chain. - Bear markets are for building. Competitors go to sleep. You lay the foundation. - 18-month goal: dominate Asian prediction markets and expand to 50 assets including RWAs and FX. 00:00 Why Asia Has No Hyperliquid or Polymarket 01:56 The Perps Market Today: $9 Trillion, Only 200K Daily Traders 06:07 Why Prediction Markets Beat Perps for Retail 11:18 What Actually Matters When Building a Trading Platform 14:45 Lessons from Co-Founding Amber Group 18:46 Quick Fire: Bear Market Timing, 18-Month Roadmap
English
31
20
107
30K
Pantera Capital
Pantera Capital@PanteraCapital·
There's a wide gap between Western and Eastern markets. The West has strong leaders across perpetual futures and prediction markets. @tonytfxyz shares how @TurboFlow_xyz plans to fill the void with a native trading platform for Asian markets. Watch the latest Stateful episode, hosted by @masonnystrom.
Pantera Capital@PanteraCapital

Hyperliquid and Polymarket dominate in the West. In Asia, there is no equivalent. TurboFlow is building it. @tonytfxyz (@TurboFlow_xyz) joins Stateful, hosted by @masonnystrom. In this episode, they discuss why Asia has been missing a world-class trading platform and how TurboFlow is building it: - Asian traders operate in communities, not alone. That changes everything about product design. - Prediction markets beat perps for retail: click yes or no on anything. No margin knowledge needed. - $9 trillion in perps volume in 2025. Still only 75K to 200K daily active traders on-chain. - Bear markets are for building. Competitors go to sleep. You lay the foundation. - 18-month goal: dominate Asian prediction markets and expand to 50 assets including RWAs and FX. 00:00 Why Asia Has No Hyperliquid or Polymarket 01:56 The Perps Market Today: $9 Trillion, Only 200K Daily Traders 06:07 Why Prediction Markets Beat Perps for Retail 11:18 What Actually Matters When Building a Trading Platform 14:45 Lessons from Co-Founding Amber Group 18:46 Quick Fire: Bear Market Timing, 18-Month Roadmap

English
5
8
46
11.1K
Pantera Capital retweetledi
danning
danning@sui414·
Super excited to release the study with @0xallyzach on the microstructure of Short-term Crypto Markets, where we cover an overview on the growth momentum & economics on both @Kalshi and @Polymarket, plus a deep dive into Polymarket’s user segments and 🕵🏻‍♂️ potential market manipulation: This is a "MEV" strategy that no one has called out lout til now (which allegedly long-existed in option trading) — Some traders appear to have figured out how to influence the closing price of Polymarket’s 5-minute BTC Up/Down markets while betting and profiting. 👇🧵
danning tweet media
English
12
18
134
14.3K
Pantera Capital retweetledi
TurboFlow
TurboFlow@TurboFlow_xyz·
If you think Event Contracts are just another prediction market… Simplicity doesn’t eliminate strategy. It reveals it. On Monday, we shared a trader with a 78-trade winning streak on TurboFlow Event Contracts. The streak isn’t the story. The thinking behind it is. W/ @masonnystrom @tonytfxyz @PanteraCapital
English
13
13
44
3.8K
Pantera Capital retweetledi
ryan 🌊
ryan 🌊@ryanli·
Cannot express how grateful I am to partner up with yet another prestigious VC firms in crypto: @PanteraCapital. Their research team built this entire report on Surf. Polymarket, Kalshi, and Binance data, all through one API. They backed us early. Now they publish on our data.
Ally Zach@0xallyzach

one of the clearest patterns in polymarket’s short-term btc markets shows up off-platform. across ~11.8k polymarket btc up/down cycles, binance spot volume jumped into the close when the polymarket contract was still trading like either side could win. when the contract was already priced away from 50/50, the burst mostly vanished. 1/8

English
8
11
59
13.2K
Pantera Capital retweetledi
Jay Yu 🐟
Jay Yu 🐟@0xfishylosopher·
Short term up-down markets are one of the key volume drivers today on Polymarket and other prediction market problems. @0xallyzach @sui414 on our research team have done a wonderful job breaking down price volatility patterns in 5min BTC markets + what this means
Ally Zach@0xallyzach

one of the clearest patterns in polymarket’s short-term btc markets shows up off-platform. across ~11.8k polymarket btc up/down cycles, binance spot volume jumped into the close when the polymarket contract was still trading like either side could win. when the contract was already priced away from 50/50, the burst mostly vanished. 1/8

English
2
3
15
4.2K
Pantera Capital retweetledi
Ally Zach
Ally Zach@0xallyzach·
one of the clearest patterns in polymarket’s short-term btc markets shows up off-platform. across ~11.8k polymarket btc up/down cycles, binance spot volume jumped into the close when the polymarket contract was still trading like either side could win. when the contract was already priced away from 50/50, the burst mostly vanished. 1/8
GIF
English
8
13
52
23.6K
Pantera Capital retweetledi
Ondo Perps
Ondo Perps@OndoPerps·
Ondo Perps is live. Up to 20x leverage on equity perps is here, with tokenized stocks as collateral & up to $3 million in rewards. Ondo technology first revolutionized tokenized stocks & now powers perps markets for: ✅ Oil ✅ Intel ✅ Gold ✅ AMD ✅ Meta ✅ Tesla ✅ Silver ✅ Apple ✅ Circle ✅ Nvidia ✅ Oracle ✅ Netflix ✅ DRAM ✅ Micron ✅ US 100 ✅ US 500 ✅ SpaceX ✅ Palantir ✅ Amazon ✅ Strategy ✅ Alphabet ✅ Coinbase ✅ Microsoft ✅ Robinhood All available for permissionless trading 24/7/365. Ondo Perps is the first platform to allow tokenized stocks as collateral, available now for Pre-Alpha users. RWA perps can now trade on a platform built to deliver liquidity and capital efficiency on par with traditional derivatives exchanges. Traders can deploy capital in size, run sophisticated strategies, and seamlessly manage risk all on a single platform that eliminates the constraints of traditional derivatives venues. No expiry. No closing bell. Just institutional-grade execution on the world’s most-traded markets. Accessible now to billions globally outside the U.S., Panama, and other prohibited jurisdictions.
English
248
321
943
658.6K
Pantera Capital retweetledi
Ondo Finance
Ondo Finance@OndoFinance·
Real liquidity, not recreated liquidity. Ondo's Ian De Bode on the liquidity model that separates tokenized stocks that scale from those that break: "The real way, the only way quite frankly, to really do this is to tap into that TradFi liquidity that already exists." Size is the test. Consider a $1M order: "On a DEX pool that would be 10% slippage. On Ondo Global Markets it's 0.1%."
English
28
87
595
60.9K
Pantera Capital retweetledi
M0
M0@m0·
Crypto adoption made sense first: if stablecoins are tokenized deposits, every crypto product that needs a deposit needs a stablecoin. Traditional finance is slower. But the financial experiences being built stablecoin-native now didn't exist a year ago. That's the inflection. W/ @LucaProsperi @PanteraCapital @MoneyGram
English
6
4
22
3.9K
Pantera Capital retweetledi
Pantera Capital
Pantera Capital@PanteraCapital·
A stablecoin proves itself through the scale it reaches and the services it enables. @anthonysoohoo (MoneyGram) and @LucaProsperi (M0) join Stateful, hosted by @masonnystrom. In this episode, they discuss the future of money creation and movement: - @MoneyGram built its own stablecoin MGUSD for 60 million active customers. Not for trading or institutions. - @m0 is building the modular stablecoin infrastructure that powers several stablecoins including MoneyGram, KAST, and MetaMask - MoneyGram verticalized its own stablecoin instead of integrating USDT or USDC, controlling the economics and passing savings to customers, the same logic behind Apple building its own chips. - Stablecoin supply: $500B by 2027, $1 trillion by 2030 03:30 Why MoneyGram Launched MGUSD 06:00 How M0 Powers Stablecoin Infrastructure 08:00 Why MoneyGram Built Its Own Stablecoin Instead of Using USDC 11:30 Distribution Wins: The Real Stablecoin Differentiator 17:00 Having a Stablecoin Is Not Enough: Build on Top of It 18:00 How AI and Stablecoins Are Compressing Revenue Moats 24:00 MoneyGram Becoming an Open Network: The Kraken Partnership 27:30 Quick Fire: Stablecoin Supply Predictions for 2027 and 2030
English
7
12
56
22.2K
Pantera Capital
Pantera Capital@PanteraCapital·
MoneyGram is building its stablecoin with intention, drawing on 25+ years in international P2P payments, 60M active customers, a clear use case, full control of the currency, and KYC infrastructure. A native stablecoin that empowers customers to store, spend, and earn rewards through MGUSD. @anthonysoohoo (MoneyGram) @LucaProsperi (M0)
Pantera Capital@PanteraCapital

A stablecoin proves itself through the scale it reaches and the services it enables. @anthonysoohoo (MoneyGram) and @LucaProsperi (M0) join Stateful, hosted by @masonnystrom. In this episode, they discuss the future of money creation and movement: - @MoneyGram built its own stablecoin MGUSD for 60 million active customers. Not for trading or institutions. - @m0 is building the modular stablecoin infrastructure that powers several stablecoins including MoneyGram, KAST, and MetaMask - MoneyGram verticalized its own stablecoin instead of integrating USDT or USDC, controlling the economics and passing savings to customers, the same logic behind Apple building its own chips. - Stablecoin supply: $500B by 2027, $1 trillion by 2030 03:30 Why MoneyGram Launched MGUSD 06:00 How M0 Powers Stablecoin Infrastructure 08:00 Why MoneyGram Built Its Own Stablecoin Instead of Using USDC 11:30 Distribution Wins: The Real Stablecoin Differentiator 17:00 Having a Stablecoin Is Not Enough: Build on Top of It 18:00 How AI and Stablecoins Are Compressing Revenue Moats 24:00 MoneyGram Becoming an Open Network: The Kraken Partnership 27:30 Quick Fire: Stablecoin Supply Predictions for 2027 and 2030

English
5
11
36
10.1K
Pantera Capital retweetledi
Ally Zach
Ally Zach@0xallyzach·
So what explains the decline? Polymarket’s short-term crypto markets hit a market-structure reset. Broader crypto taker fees. Then an order-book upgrade: new fee handling, new trading collateral & new order signing. Those changes matter more when the product turns over every few minutes.
Ally Zach tweet media
Ally Zach@0xallyzach

Crypto is becoming a core prediction-market category Since the beginning of the year, Kalshi’s crypto share of venue dollars rose every month, from 4.3% to 14.8% Polymarket began from a higher base, peaking at 34.0% in February before moving down to 20.3% by May

English
3
11
28
5.9K
Pantera Capital retweetledi
Jay Yu 🐟
Jay Yu 🐟@0xfishylosopher·
I first met @chrisspickett in-person at a hackathon in December last year, where I was building on top of Coinbase's newly released x402 agentic commerce toolkit. Back then, Claude Code, OpenClaw (then "Clawdbot"), had all just recently released, and I was blown away by the potential of how these new agentic systems could automate entire workflows of knowledge work. Christian and I started jam about what the future of the "agentic economy" would eventually look like as an extension of the API-based SaaS paradigm, and how agents would discover, access, and pay for API services. I was struck by his first-principled reasoning on how to port over legacy API services over to an agent-first access and payments layer, and his expertise in building out this exact infrastructure at Vercel and Coinbase. In a few short months, @orthogonal_sh onboarded over 80+ endpoints from 40+ vendors, graduated from YC W26, and became a vital part of my own agentic setup. I'm proud to have Pantera Capital lead Orthogonal's $4.3M seed round to help agents discover, access, and pay for services. Congratulations @chrisspickett, @berasogut1 and team!
Christian Pickett@chrisspickett

We raised $4.3M, led by @PanteraCapital Soon, there will be more agents than people online. Those agents will book flights, hire contractors, enrich customer data, conduct research, and complete transactions without a human in the loop. But today, agents are stuck with whatever tools they were originally given. The moment they need something new, they fail, hallucinate, or hand the problem back to a human. Orthogonal fixes this. Through a single integration, agents can discover the capabilities they need in the moment, orchestrate them, and pay for them instantly. An agent describes what it wants, and Orthogonal composes the result, calling the right services in the right order. Our goal is simple: when an agent needs a capability it doesn't already have, Orthogonal will be the first place it goes. Thanks to @PanteraCapital , @ycombinator, @pioneer_fund, @decasonic, Blast Club, Outbound Capital, Rice Capital (@taro_f), Surreal by Premise (@mercebent & @veelarco), Batch Ventures (CTO Fund), and our strategic investors for backing us. We're building the default front door for the internet.

English
8
5
78
11K

Keşfet

@tonytfxyz @TurboFlow_xyz @masonnystrom @0xallyzach @Kalshi @Polymarket @sui414 @LucaProsperi