Pine Analytics

Just dropped a new Trailblazers episode with @handsdiff from @combinatortrade. We go deep on decision markets, and how teams use them for treasury allocation and product decisions. Also a great convo on token design and the shift toward smaller, faster experiments.

Over $1.1B in swap volume for Sunrise assets on @Solana. And we’re just getting started 🌅

Timestamps: 00:07 — Hans’ Background & Why He Entered Crypto 01:16 — The Problem Combinator Is Solving 02:27 — What Combinator Is 05:12 — Where Decision Markets Make Sense 10:38 — Why Multi-Option Markets Matter 13:57 — Real Use Cases So Far 18:06 — Growth Strategy & Agent Economy Vision 21:31 — Rethinking Token Launches 28:20 — Token Model & Incentives 33:18 — What’s Coming Next 35:50 — What Excites Hans About Crypto 39:20 — Closing

Just dropped a new Trailblazers episode with @handsdiff from @combinatortrade. We go deep on decision markets, and how teams use them for treasury allocation and product decisions. Also a great convo on token design and the shift toward smaller, faster experiments.

Today @Sunrise_DeFi opened up their bridge between @avax and @solana where people can deposit AVAX into the bridge and get a wrapped version on Solana. Since the launch today, $196K worth of AVAX has been bridged to Solana, nearly all of these deposits came in a single hour. Of the AVAX that was bridged over, it is now held by 40 wallets on Solana, of which 10 have over $100 worth of AVAX. Wrapped AVAX is being market made on BisonFi, Aquifer, and @MeteoraAG, and In the first 4 hours of the token being live there has been just under $80K in swap volume of the token from just over 400 swaps on Solana.

Today @Theo_Network opened deposits, capped at $100M, for their new yield-bearing stablecoin thUSD — a stablecoin that earns yield through the gold carry trade — and the vault is filling up fast. People can deposit from Ethereum, Arbitrum, or Stable, and in less than 12 hours there have already been around 800 deposits totaling $86M. Although the vast majority of deposit events came from depositors on Ethereum and Arbitrum, about 73% of the deposit volume came from deposits on Stable. Breaking down deposits by size, deposits over $1M account for just over 75% of the total deposit volume, and these came from fewer than 10 deposit events, with 7 of them originating from the same wallet. Overall, the vault has been filling up quickly, but most of the capital is coming from a single entity depositing @Theo_Network’s thBILLS on Stable.

Today, @unitxyz listed ZEC on @HyperliquidX spot. Since launch, 2.8K ZEC has been bridged over to Hyperliquid with a value of $658K. In terms of trading activity, 3.26K ZEC has been traded on Hyperliquid spot, amounting to just about $750K in total volume. Right now, the holder base of ZEC on Hyperliquid is quite sparse, with only 43 wallets holding ZEC and only 13 holding over 10 ZEC.

* retail frenzy not realized retail

Today is the highest volume day in terms of HIP-3 volume on a weekend, and this is driven by @tradexyz. Between November 20th and January 12th, tradexyz volume was relatively flat at about $300M–$500M on weekdays and $50M–$100M on weekends. On January 12th, silver started its parabolic move, going from $85 to $114 in less than two weeks before violently dropping to about $80 in a day. The realized retail for silver exposure based on this violent movement was the first real adoption wave for tradexyz and propelled the platform to peak at $4.67B in silver volume on a weekday and about $460M on a weekend. The US-Israel vs. Iran conflict started on February 28th, which was a Saturday, meaning people could not trade crude oil futures on traditional markets. This catalyzed trading of CL perps on Hyperliquid, causing the highest day of weekend volume up to that point at $630M. As the conflict continued over the past 9 days, the price of crude oil has surged 80%, leading to this weekend where today tradexyz saw another ATH in weekend trading volume at about $720M. These two waves of demand in the past month on tradexyz show the platform is absorbing demand for traditional assets by people who don't have TradFi access, or at points in time when these exchanges are offline. If this pattern continues, which is only showing signs of accelerating, $HYPE is positioned very well to benefit from this and continue its strength against other crypto assets.

Who could have guessed that @bankmefun ICO depositors on @metaplex would be down 55% in 45 minutes after launch? 👀

@thattallguy @futarddotio @MetaDAOProject my ai smart truncation had a mind of its own lol

@PineAnalytics @futarddotio @MetaDAOProject I'm sorry, but what events?

The app @futarddotio by @MetaDAOProject launched 2 days ago. Futardio is a permissionless launch pad for futarchy DAOs. The launch pad allows people to configure ICO raises, launch them, and then open them up to deposits. If the ICO reaches its minimum deposit threshold, the DAO goes live and depositors get their tokens. So far there have been 34 ICOs created on the platform. There has been $15.6M in deposits to these ICOs from 929 wallets. Of the ICOs, 2 have reached the threshold to go live, and these ones were massively oversubscribed, which contributed to most of the activity on the platform. The two DAOs that have been funded so far are a memecoin and an AI tooling startup, with both having a starting FDV under $100K. Currently it seems like people are reluctant to be the first to put money into these raises, but once people see that a raise is being funded they follow on and deposit heavily to get their proportion of the tokens.

@thattallguy @futarddotio @MetaDAOProject icos launched

@Whalesfriend @m3taversal Goal = min raise = max raise

@PineAnalytics @m3taversal tell me more

That's a lot of money for party and merch :) Just sayin'

@Whalesfriend @m3taversal They can’t

@m3taversal I expect them to keep more than 50k