Runtheciti

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@ax1vc Picture This sir “Smart money tracker” that follows wallets with a strong history of profitable on-chain activity. Seeing where experienced capital is accumulating on Robinhood Chain could provide an insight into next native protocols to be built

Robinhood built a chain to trade stocks. Two weeks after launch we mapped where the money on it actually settles, contract by contract, and the interesting part is not the $5b+ casino on top. The chain itself earned almost nothing. 62.8 million transactions since genesis generated ~480 ETH, ~$860K in total gas, with the average fee at three cents on the busiest day in its history. Of the net revenue left after settlement costs, 10% goes to the Arbitrum ecosystem through the license. Gas is not the business model here. Bridges will tell you even less. Measured inflows since genesis: ~$80m, close to 90% of it ETH, capital coming into the chain for memecoins. Yet Robinhood Earn alone holds ~$128m worth of USDG. The difference is native minting: Paxos mints USDG directly on the chain, so the main capital inflow channel never crosses bridges. USDG shares most of its reserve income with the platforms distributing it, and at current t-bill rates a $120m pool earns roughly $4.6m annually. Lifetime gas revenues are ~$860K and it needed a 10 million transaction day to get there. It mean reverts with the casino. The float accrues no matter if anyone trades, bypassing the Arbitrum split completely. The same shape we've seen in our x402 breakdown. Stocks are a ~$15m market vs $5b of memecoin churning, and still the most interesting part, because most of that volume settles on Rialto and Arcus, which a standard dex dataset won't see. Tracked on a per-contract basis: Arcus became the leader among venues within days of its first on-chain trading, and the largest day of stocks trading was a Saturday, with NYSE closed. Count router swaps without stock registry checks and the stock volume comes out roughly 3x too big, which is how raw this market still is. What we'll watch going forward: stock share recovery from the surge lows, whether Arcus holds the lead, USDG pool growth, and the big question, how many of ~28m app customers will ever show up on this chain. Full breakdown: dune.com/ax1research/ro…

@pokofrogsgame @DebbyWinandaa @JanyaTailway @leonoraz_09 @Aguswahyud6j @udinkobel @0xraka @Kaminanya69 @sunaryaloji @Somejustin88 @nyerahello85058 @Ranggauqu @Tungauu13 @Hunteasn 57pTYp4fSm7qQ2vVSHPWpEVnHQKPz6fDJXRnqE6meroZ

🐟 Rarest Fish Challenge Winners! 🐸🏆 Congratulations to our 20 winners, each receiving 150 $POKO: @DebbyWinandaa @JanyaTailway @leonoraz_09 @Aguswahyud6j @udinkobel @0xraka @Kaminanya69 @sunaryaloji @Somejustin88 @nyerahello85058 @Ranggauqu @Runthec @Tungauu13 @Hunteasn @dragonrebonbl @yennigod0x @asoyOGx100 @bobishereeee @web3luuv @LeonardII13 Winners, please reply below with your Solana wallet address to receive your $POKO rewards. 🐸💚 Thank you to everyone who joined and showed off their rarest catches! More Poko challenges are coming soon. 🌊✨

$CASHCAT is now listed on @Solana via Sunrise. Enjoy the weekend.

Onchain looks good on us

boy that escalated quickly

“Dogecoin is unstoppable.” - Elon Musk

JUST IN: 🇯🇵 Japan's Metaplanet will offer Bitcoin-backed digital credit products 👀 BULLISH 🚀

@pokofrogsgame Really difficult, to catch all once not gonna lie, but it’s fun and worthwhile 😆

🐟 Show Off Your Rarest Fish! 🐸🌊 Think you’ve caught something special? Let’s see it! How to enter: 1️⃣ Download Poko’s Mint Garden on iOS, Android, or the Solana Mobile dApp Store. 2️⃣ Dive and catch fish in the game. 3️⃣ Open your Fish Tank and take a screenshot of your rarest fish. 4️⃣ Reply to this post with your screenshot. 🏆 We’ll choose 20 of our favorite catches to each receive 150 $POKO! ⏰ Entries close on Sunday, July 13 at 11:59 PM UTC. 🎉 Winners will be announced on Monday, July 14. Good luck, and may your next dive uncover something legendary! 🐠✨

DeFi at its best

What memecoin is about to breakout?

How about that ha ha

dear disney, stop remaking old movies that were better and instead make better new movies