paultee
6.5K posts

paultee
@paultee__
I like finance, macro & defi nothing ever happens
Katılım Mart 2015
475 Takip Edilen5K Takipçiler

@CirrusNFT @punk9059 I applied a month or 2 ago and got accepted recently
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paultee retweetledi

93% of stablecoin TVL earns <5% APY.
@USDai_Official says they'll fix that with 13-17% yields backed by... GPU hardware loans.
The collateral:
📉H100s down 85% from peak ($40K → $6K)
📉Rental rates collapsed 70% ($8/hr → $2.10)
📉Blackwell is 25x more efficient than Hopper
📉Active loans were ~2% of TVL
So what's actually generating yield? T-bills + points speculation ahead of $CHIP TGE.
This is subprime auto lending in a DeFi wrapper: financing the fastest depreciating asset class in tech with stablecoin deposits that expect instant liquidity.
Every securitization crisis in history had the same DNA:
❌ Illiquid depreciating collateral
❌ Marginal borrowers
❌ Short-duration funding
❌ Thin first-loss tranche
They even compare themselves to MBS. Bold choice.
If you actually want yield on stables without praying your collateral doesn't obsolete itself every 18 months the answer isn't hardware loans. It's volatility.
Crypto derivatives are the most mispriced, inefficient market on earth.
Implied vs realized spreads, cross-venue funding dislocations, and dispersion trades generate yield from math, not from depreciating metal in a data center.
D2 has done 194% in 25 months. 2.6 Sharpe. Positive returns through Aug '24 (-22% ETH), Feb '25 (-33% ETH), and the Oct '25 ADL cascade, every event that blew up the "safe yield" protocols.
The edge isn't novel collateral.
It's institutional derivatives expertise applied to the most inefficient markets in finance. Verifiable on-chain. No depreciating hardware. No unstaking queues.
No prayers that AI capex stays hot forever.
Hyperliquid

USD.AI@USDai_Official
.@defillama "LlamaAI what stablecoin with more than $200m TVL has the highest yield in DeFi?" 🤔
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I’m not saying I know exactly when the US is going to pull the trigger on Iran, but I’m definitely not reading too much into Trump’s comments or the weekend "rumors."
Given how President Trump sounded and the rumors flying around before the US hit Fordow last year, there’s no need to overthink the weekend headlines.
Trump’s actually got a pretty balanced head on his shoulders when it comes to this(and no, I’m not a supporter), so he probably wants to avoid getting sucked into another "forever war."
Meanwhile, Iran just needs to buy time, so they’ll keep the negotiation charade going as long as possible. The string of negotiations hasn’t snapped completely bc, in this specific area, both sides actually have interests that overlap. But...
Even after Operation Rising Lion in 2025 and the US strikes on those nuclear sites, we haven’t seen any actual progress on a peace deal. The US wants it all—zero enrichment, no stockpiles, and for Iran to just give up its ballistic missiles.
But like the Iranian officials keep saying, those are absolute red lines. It’s just not realistic for the regime to fold. They’ve spent decades and tens of billions of dollars on their nukes, missiles, and proxies. Giving that up now would basically be regime suicide.
At the end of the day, the gap between the two sides is just too massive for a deal to actually fix this.
#oott #iran
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@ColeThereum @CoinbaseSupport hey i am unable to reach @coinbasetraders for help with this issue. can i ask where they reached out to you from and how to contact them?
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Update on trying to unlock my Coinbase
They are now asking for names of my employer, my salary, my position, names of businesses i own, my role in those businesses, the industry, my source of funds in detail, my origination of wealth, and proof of crypto holdings
Are u serious?


Cole@ColeThereum
Somebody at @CoinbaseSupport please help me it’s been 3 years…
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@ColeThereum Glad we were able to get this resolved for you 🫡
Happy to assist any other user facing issues regardless of their account size.
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My Coinbase account has officially been unlocked and this is all resolved
I want to give a massive shoutout to @coinbasetraders for personally helping me fix this
Coinbase is getting slammed right now but there is good people there working hard (appreciate yall)
We're so back
Cole@ColeThereum
Update on trying to unlock my Coinbase They are now asking for names of my employer, my salary, my position, names of businesses i own, my role in those businesses, the industry, my source of funds in detail, my origination of wealth, and proof of crypto holdings Are u serious?
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@InsilicoTrading Scalped BTC too many times on HL through insilico to remember 😭
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@noiceagent didn't work for you? i got you.
comment aligned and claim some free $oracle at agent.noice.so
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if you like this tweet, you buy $oracle (@noiceagent)
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‘Fannie Mae set to drop its 620 credit score minimum.’
…Mortgage giant will instead use its own analysis of risk factors.
Exit liquidity
#MacroEdge
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I’ve heard good things and want to try out @AwakenTax anyone have a referral code?
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