tc

Nubank made $15.8B in 2025, 85% from interest. SoFi's NIM went from $95M to $617M in 4y after its banking charter. Credit drives revenue, but no one has cracked unsecured lending at scale. Now imagine a network to which neobanks can connect that allows credit underwriting at scale. This is Morpho [TBA]

I spent time in Shenzhen last year and when I saw Merz come back from China saying Germans need to work more I immediately knew what broke his brain because I lived the exact same cognitive shock my first week in Huaqiangbei I burned through 4 prototype iterations of a motor controller board for less than a thousand bucks total, back home a friend was working on something similar and spent over 12 thousand for a single revision that took almost two months to arrive when you live that contrast in your own hands with your own project something permanently shifts in how you see the world and it goes way deeper than speed & cost what Shenzhen actually built is a collective learning organism, imagine 20 PCB fabs 15 injection mold shops 30 component distributors and a hundred firmware freelancers all within a 2km radius, looks insanely redundant from the outside until you realize redundancy is actually information density in disguise I watched this firsthand with an injection mold supplier I was working with, this guy had seen a hundred founders iterate similar thermal designs over 6 months so he proactively modified his tooling before I even opened my mouth, he knew what I needed before I knew what I needed, the intelligence lives in the relationships between the nodes and it compounds daily the west thinks about manufacturing as a cost center you optimize by centralizing… China accidentally built a distributed neural network of manufacturing intelligence where knowledge diffuses horizontally across thousands of agents faster than any single western company can process internally so when Merz comes back and says we need to work a bit more I think he saw the problem but COMPLETELY misdiagnosed the solution, telling Germans to work harder is like telling a horse to gallop faster when the other side built a combustion engine the gap is ARCHITECTURAL it’s ecosystem density, you need a custom connector in Shenzhen you walk 200 meters, in Munich you send an email and wait 3 weeks it’s iteration speed, parallel search vs sequential optimization at the system level, it’s risk tolerance, Chinese founders ship something broken on Monday fix it Tuesday ship again Wednesday while European companies are still in the approval phase for the pilot program of the feasibility study… and Merz only saw the surface, what he missed is the tier 2 cities like Hefei Chengdu Wuhan replicating the Shenzhen model at scale right now BYD going from irrelevant to outselling every european automaker combined in roughly 5 years, Huawei building its own 7nm chip under maximum sanctions when every analyst said it was physically impossible & behind all of that a government that treats advanced manufacturing as an existential national priority while europe debates whether AI needs another ethics committee I think what we’re watching is the most asymmetric economic competition in modern history and most western leaders are still framing it as a productivity problem when it’s actually an ontological one Europe & America are optimizing variables that China stopped tracking years ago meanwhile China is compounding on dimensions the west has no framework to even measure Merz at least had the courage to name it out loud and I respect that genuinely but working a bit more inside a broken architecture just means you arrive at the wrong destination slightly faster

Pear x Hyperliquid To know more, you gotta be a #Pearillionaire 🍐

1/ Longer form thoughts re Trump memecoin. Its suggestive of a term that's short-term great for price / liquidity but long-term suboptimal for industry development. My concern is on a mid-long term timeframe. Short-term I'm trading the shitters with you all. Here's why.

Moving on up. Three days later, and we’re now THE largest @HyperliquidX validator (excl. the 5 foundation validators) The HYPE is real. 🚀

4 days ago, Hyperliquid expanded it's validator set to 16 nodes (11 nodes are community ran). Since then: - There's been no complaints about the chain's uptime or UX (Blast and Base both stopped producing blocks this week) - More than 33% of airdropped HYPE is staked Hyperliquid

HYPE now has a $9.43B Staking Market ~ 40% of Total $HYPE Supply Staked (vs 28% ETH supply) ~ 70.12% of Stakable $HYPE Locked In (Total Supply - Total Rewards - Assistance Fund) Credits to ThanosAlpha on TG Hyperliquid.

To help ring in the new year, I updated the graphic of Hyperliquid's history. The growth we've seen from 2023 to 2024 is incredible: - TVL up ~2200x - HLP PnL up ~50x - Platform vol up ~1000x - OI ATH up ~562x 2024 put Hyperliquid on the map. 2025 will be the year it takes over!

>26.1% of circulating supply has been staked. Hyperliquid.

Nansen x HypurrCollective Validator Partnership. We’re excited to share that we are partnering with @nansen_ai @stakewithus to be one of the 16 mainnet validators on @HyperliquidX. We aim to contribute to Hyperliquid’s decentralization, amplifying the community’s voice through governance, and voting on what’s best for the ecosystem. Stake $HYPE with us here: app.hyperliquid.xyz/staking About Us: HypurrCollective is the go-to ecosystem collective, comprising of founders, builders, traders, and power users working together to contribute towards @HyperliquidX 's ecosystem growth and projects. About Nansen: @nansen_ai is the leading on-chain analytics purrvider, serving individual traders to large institutions. They recently acquired @stakewithus ; bringing proven validator expertise, delivering reliable infrastructure with maximum uptime and minimizing slashing risk.

Mark the dates for our first AMA of 2025. 03.01.2025 UTC 3PM. SGT 11PM. HypurrCollective AMA Series: @pear_protocol with alpha to be shared! twitter.com/i/spaces/1lDxL…

@Route2FI Go try pair trading perp dex at pear.garden

What are your favorite DeFi protocols at the moment? Want to take a deep dive into some of the ones I haven't explored yet.

Leverage trading vs. Pair trading TP/SL feature soon? 👀

How many teams also share all their LP fee's? $stPEAR holders are eating 🥩 APR % from trading revenues only paid in $ETH, not our own token.

I am one of the faithful, a disciple of the cult of memes We are going much, much higherrrrrr Signature: 0x763c66a0425a0476edc12df1274de3eb60d5174bc4705e3e7c97870d6a7ca0551b2d40b5dfb871be30bf01b1cb38eb50e4f5a0c0e7f88a505f1d9a79150106921b Pledge: higherrrrrrr.fun

PSA: Hyperliquid UI for staking $HYPE on testnet is live! If you're unsure on how to stake, here's a guide to staking on testnet. 1) Go to app.hyperliquid-testnet.xyz/staking - Click Establish Connection - Sign and confirm in the wallet pop-up 2) Click Spot <> Staking Balance Transfer - Enter amount to stake - Click Transfer, and confirm the transaction in wallet 3) Click Stake Tokens - Input amount of tokens - In "Select a Validator" field, search for "HypurrCollective" - Click Stake, and confirm transaction Congrats! You've successfully staked your testnet $HYPE. If you hold testnet $HYPE, we would greatly appreciate staking with us. Have a feel of how staking is like, and stake with HypurrCollective when mainnet is live! We've secured some partner airdrops for stakers in the future ;) Alongside validators, you can also see validator stats, bio, uptime, commission rates, predicted APR, status, and others.

Legend 🔥🔥

NVIDIA is getting crazier. They just dropped a tiny AI supercomputer, built for robotics and LLMs, capable of 70 trillion operations per second. For $249. Game over.