Mr Will
248 posts

Mr Will
@ixwillap
Building the first and only CLOB-based DEX aggregator, CEO @vooi_io | Behind @symbiosis_fi Ecosystem takes from a 2x DeFi founder. #NFA







TRON growth numbers since Q1 on Symbiosis: +82% volume. +35% txs. +32% wallets. No farming, no incentives. Just @trondao increasing metrics every quarter 📈

The Pre-IPO Perpetual (IPOP) Market for SpaceX is now live.
















Ostium connects trades into the deepest underlying offchain liquidity and brings the institutional brokerage experience onchain. Rather than rebuilding order books, @ostium connects directly to real market depth and focuses on execution. They aren’t competing on the exchange model for global assets that already do trillions in volume offchain. Traders get access to global markets without having to choose between self-custody and execution quality. Trades are quoted from the real underlying markets and hedged through institutional liquidity partners while settlement remains fully onchain. The result is better pricing, tighter spreads, and execution that scales with size. Over 30 days, Ostium processed $4.8B in notional volume across 166K orders. $10M+ gold trades cleared at 0.65 bps, while seven-figure FX and index trades cleared below 1 bp of price impact. The deepest markets already exist offchain. Ostium makes them accessible onchain. Our new report "Ostium: The Gateway to Global Markets" breaks down the unique model, how it works, and why it matters for finally bringing global markets onchain.

VOOI has joined @Lighter_xyz Partner Attribution Program Since integrating Lighter last December, VOOI has processed over $1.1B in cumulative trading volume on the venue - making VOOI the #1 Lighter builder by volume Partner Attribution makes that publicly attributed on Lighter's infrastructure now - a verifiable record of what we're building together Powered by Lighter’s CLOB-native Crypto and RWA perp markets, VOOI unifies trading, transfer margin and funding rate arbitrage tools - all accessible through a single interface

FYI, this is a validity violation, not a decentralization violation. They say governance will vote on what to do about the cordoned off assets. In principle, governance could vote to let DPRK bridge out. It's possible (in fact, core to the value proposition of crypto) for a large set of people to agree to do something that a plurality want to do.

Checked some other popular OFTs (LayerZero based crosschain tokens) @EtherFi requires 2 DVNs confirmation @ethena requires 3 DVNs confirmation @USDT0_to requires 2 DVNs confirmation Even ZRO from @LayerZero_Core themselves requires 2 DVNs before executing a transfer. Two questions will need answers: (1) how and why did Kelp oversee this critical configuration? (2) how did @aave and DeFi in general allow interoperating rsETH at such a scale given this poor configuration?

So for now 9 protocols hit because of this @KelpDAO got exploited their liquid restaking token $rsETH was compromised with 116.5k ETH ($293M) withdrawn Then attacker used rsETH as collateral to borrow ETH on @aave, creating massive bad debt and pushing AAVE token down Now Aave multisig froze rsETH on the lending market Attacker wallets funded via Tornado Cash Kelp’s team emergency pauser multisig froze the protocol’s core contracts roughly 46 minutes after the successful drain They still haven't posted anything publicly after almost 3h Protocols that froze their markets: - Aave V3 (could be in a bad debt) - SparkLend - Lido Earn (Mellow strategy meta-vault) - Fluid - Compound - Euler - Upshift (paused High Growth ETH and Kelp Gain vaults) - Pendle PT/YT tokens - some Beefy strategies, possibly Yearn and LayerZero LSTs and restaking have been the fastest growing narrative this cycle