Ngoc 🎒
1.1K posts

Ngoc 🎒
@ngbackpack
Register for a Backpack account if you haven’t! Opinions are my own. 💖







Some statistics on Monad in Q2 > Total Staked: 15.2B MON (up 3B from Q1) > Active Validators: 198 (was 170 in Q1) > Total Delegators: 10,559 (9730 in Q1) > Stablecoin Market Cap: $500M+ > RWA Active Market Cap: $210M+ > DEX Volume: $18.2B (up 2.1x) Monad Liquid Staking shmon: 409M+ (huge) smon: 107M+ gmon: 44M+ aprmon: 26M+ > Total: 588M+ Daily transactions also increased compared to Q1 (see chart below)




Backpack is just getting started. 1/ Backpack rolled out backpack securities a few weeks back, and that's the real product — a regulated us brokerage and an onchain tokenization layer sitting in the same account. most players in this space only do one side of that. backpack does both. 2/ the part that makes it interesting is that your stock can exist as a real share in a brokerage or as a token on solana, and you move between the two whenever you want. tokenize it to trade around the clock onchain, or pull it back out to a normal broker if you'd rather hold it the traditional way. same share either way, just two different forms of it. 3/ Backpack gives you a real share you can actually redeem, held in regulated us custody. it's the difference between a token that tracks a stock and an actual stock that happens to live onchain, and over time that distinction is going to matter a lot more than people think. 4/ which is why $SPCX wasn't really luck. it listed the same day spacex ipo'd and took roughly 92% of all tokenized spacex volume inside a week, with 10k+ holders, almost double xstocks. $MU is the next one to go live, and micron reports earnings this wednesday, so for the first time you can actually trade an ai-memory earnings reaction. 5/ $SPCX and $MU aren't really the story, they're the warm-up. Backpack is just getting started.



$BOT is now live on @Solana with @Sunrise. Official token address: BoTx8y9ynfdxf5ZjWtCoBVkff52qKA82ysaLU8ZM6d8T @RoboStrategy is the Nasdaq-listed fund holding leading private robotics and embodied-AI companies, from Figure to Apptronik. Issued by Backpack Securities, $BOT is redeemable 1:1 for real shares and transferable to traditional brokerages.











