globe

i was at dinner with a coinbase employee last night and he was like "your robinhood tweet was all over our slack. we were freaking out you picked them over base" we picked robinhood because @vladtenev has aura vlad never said "robinhood is for squirting" robinhood has motion

In six months, new assets that launched on Solana traded $3.5B across 14M trades and 221,000 wallets. Most of them were born on other chains (like AVAX, HYPE, UNI or MON). Now some of their deepest trading happens right here via @sunrise 🧵

Winning here marks greatness. Defence leaves no doubt. Jannik Sinner is the 2026 Gentlemen's Singles Champion. #Wimbledon

The next major feature upgrade to @PhoenixTrade will finally leverage @solana DeFi's greatest asset: spot liquidity. Traders will soon be able to post SOL and other tokens as collateral for their positions. A few caveats before I dive in: - I hate announcing things before they ship. Talk is cheap, and execution is hard. And nobody cares that the execution is hard. - Phoenix is not the fully on-chain perps venue to have spot collateral. This was one of the best features offered by Drift and Mango. As with everything we build, Phoenix's approach will never be a blind copy-paste of our predecessors. I'm excited about this feature for many reasons. 1. Solana users with SOL and other tokens but no USDC no longer need to sell their assets to deposit and trade on Phoenix. 2. Users and vaults who want to run long spot, short perp basis strategies no longer need to think about manually rebalancing. 3. Sophisticated users who trade both spot and perps can keep their capital on Phoenix and simultaneously trade spot while margining their perps positions. I'll write more about this in a future post. I think it's one of the coolest things that no other perps platform can do. And it is only possible because Phoenix is fully on-chain. There are 2 questions I get asked often that I often find challenging to answer: 1. Why does it matter that Phoenix is fully on-chain? 2. Why should I trade on Phoenix over [X]? Here is my definitive answer. Being on-chain gives Phoenix access to Solana's capital, users, and liquidity in a way no off-chain venue can. Most people think that Phoenix is the exchange and Solana is the infrastructure platform, but they have that backwards. Solana is a programmable exchange, and Phoenix is infrastructure that taps into everything Solana offers. You shouldn't trade on Phoenix; you should trade on Solana, because Solana will be the decentralized protocol that houses the world's financial assets. Phoenix is simply the best window into that on-chain future. This is how the composability thesis will finally play out, a couple of years late.