rep1c.eth

Just got back from @EthCC in Cannes. Not gonna talk about tech. This thread is about the real sentiment on the ground - what builders, VCs, and market makers are actually saying right now. It's not pretty. But you need to hear it. 🧵

@0xishans @HyperliquidX Hyperliquid

We made some pretty bold predictions on @HyperliquidX over the next 5 years. TLDR till 2031; > HIP-3 Markets grow from 150 to over 5000 > HL share of CEX perp volume grows from 7% to 37% > USDH market cap grows to $10B > HL captures 5% of all CME Derivative volumes (From <1% at the moment) > There are some regulatory attacks but HL survives them all. As a fund we are interested to meet new builders within the Hyperliquid ecosystem & continue to allocate. Hit me up if you want to chat!

@cryppimagic Coded! Hyperliquid

i see a lot of unhappy $SUI holders under this recent post now i’m going to give you a piece of advice that will change everything sell all your $SUI and buy $HYPE with it right now

@MeinHerzBre_nnt @quotemarkets Soon👀 Hustle in progress

@quotemarkets Wen beta ?👀

Poorly executed trades on CLOBs leak over $8B a year to exchanges, market makers and sophisticated traders. 5x a bigger problem than MEV in 2021. That’s your PnL, your money. Quote routes it back to you. This is how we make on-chain trading efficient again.

@noveleader The game will be gone soon for him

Bro is cooked, he just doesn't know yet

@spyzer Relates not only to trading tbh, everywhere. A moving man will surely meet his luck (true)

In crypto, those who are proactive and surround themselves with likeminded people are the ones who win the long game. My best trades come from groups with likeminded people where we talk about a single runner. Everyone goes to do research and shares what they find in the group. You only get in these groups if you have a track record. It’s on you to build that through obsession with your trading and sharing your theses (& wins after) online (post it on X) So if you discover a new interesting coin, search up the ticker on X and find everything there is to know about it. DM the dev and people posting about it. Ask questions & make connections. If you like it, enter and post your complete thesis on X. If there is a guy that posted about the coin 20 min earlier than you with a whole thesis -> dm him. Ask if he wants to trade together with you in a group. If there is a big runner everyone’s talking about, find out everything there is to know about it. Make a post on X, grow your account. DM people that post relatable stuff. Through time, you’ll get to know more people and form amazing connections. When I was at rock bottom, a friend sent 1k to me without me even asking for it. That’s crypto. And you only get those relationships by taking initiative and being genuine. Be proactive, once I started being proactive and not ‘scared’ or ‘’it won’t make a difference” about about dming people and other things like posting on X/speaking my mind -> my crypto progress improved substantially As they say “A moving man will surely meet his luck”

@proofofjake_ xdddd

chat what the FUCK is a DVN

@proofofjake_ These are nodes that essentially bring a message from another network

True, not many companies are willing to take a bet on you without a top-tier background. But in many cases, being young and capable is actually an advantage. If I were building again, I’d lean into that 100%, more hunger, more drive, more willingness to prove yourself. At least part of the team should have that mindset.

@lobotomy_user from what im seeing talking to recruiter friends etc, they want paper credentials “worked at Morgan Stanley” and stuff. Don’t think they realize how stupid it is. This is the stuff that leads to L0 and Kelp type of incidents and SheFi types of scamgroups. It is what it is tho.

why do crypto companies keep hiring people who don’t understand or use crypto

State of DeFi right now

The @KelpDAO $292M exploit is being framed as a "cross-chain bridge failure." That's not wrong, but it misses the point. The root cause was a misconfigured @LayerZero_Core verification setup, not a bug in the code itself, but a deployment and ops decision that left cross-chain message validation dangerously flexible. The smart contracts did exactly what they were told to do. This is the pattern in 2026. @DriftProtocol was 6 months of social engineering. @StepFinance_ was a compromised exec device. Kelp was a config mistake at the infrastructure layer. In my opinion, the code is increasingly not the weakest link. The people deploying, configuring, and maintaining it are. Until the industry treats operational security with the same rigor as audits, the losses won't stop - they'll just come from a different direction. Rooting for @aave and the others caught in the contagion. The space needs them to come out the other side and actually learn from this.

Ride or die. LFG

Opened a $HYPE long and planning to add some spot exposure as well. This month, I’m trying a strategy of running a levered long on $HYPE and using profits to gradually increase overall exposure for the spot bag. So far, the correlation has looked strong, especially after weekends. Long bias only. Putting some bids a bit lower as well.

@aryanpour Infinite aura

slash just raised at $1.4bn valuation... and you're still early

@AKCrypto24 @shivst3r 😭

@shivst3r Wait until they got to Croydon at night

> openai: first office in london > deepmind: office in london > wayve: office in london > quantexa: office in london > microsoft ai: office in london > anthropic: teasing london office > and more… We’re starting to see a great shift of talent and innovation flood into London, the greatest city there is.

@pvewin @orangie @rasmr_eth Lfg💪

this isn't just a problem for @orangie or @rasmr_eth thousands of memecoin trenchers lose money due to vamps and pvp every single day. change is coming very soon.

@AKCrypto24 Great advice mate, remembering this one✍️

Take leads or clients out for dinner And genuinely spend most of the time speaking about their personal life stories and getting to know them on a personal level Business is always small % of the convo or barely anything All of your top guys speak only about business during their day 2 day so they love when topics are changed It’s such an easy way to stand out and they genuinely appreciate it, so by the end of the time your are finished talking they straight up say “let’s do business together” 2 easy bonus tips here: 1. Plan the restaurant, show up early and know the menu 2. Go to the bathroom near the end and just pay the bill Works Everytime

Read for this week. Hyperliquid.

@StaniKulechov Makes sense tbh, owning the full stack was kind of inevitable.

Aave Will Win, the most important proposal in Aave's history just passed with a landslide. Here's the master plan going forward: General Direction - Aave becomes fully token-centric: one asset, one model: $AAVE - To date, protocol revenue per AIP-1 has accumulated to the Aave DAO: $140M in 2025, with 2026 on track to match that despite the market downturn being limited to protocol-only revenue - The AWW proposal introduces a new revenue stream: application and product revenue generated outside the Aave Protocol, now directed to the DAO as additive revenue - This covers Aave Pro, Aave.com, Aave App, Horizon (RWAs), and Aave Kit, all flowing back to the DAO treasury - Swaps on Aave.com and Aave Pro are already generating $10–20M in new revenue on top of existing protocol revenue - Aave V4's reinvestment feature ensures that float capital in pools generates yield, creating additional revenue streams, similar to how Aave V4 Spokes open up new revenue opportunities - AWW gives Aave exposure to the full vertical stack. Owning that stack is increasingly critical in a competitive landscape where protocols get commoditized - AWW also establishes a community-protected vehicle to independently govern Aave's brand assets and IP on behalf of token holders - Aave Labs commits to working exclusively on Aave-related products, fully locked in - If you own $AAVE, you own not just the economic rights of the protocol, but the brand, the users, and the integrations In other words: everything belongs to one asset, the $AAVE token - We believe tokens are the greatest opportunity of our time to build collectively governed protocols, but a single, unified vision is essential for execution - That vision is provided by Aave Labs, working alongside all Aave service providers to grow Aave from a $40B protocol to $1T and beyond Product Layer & Distribution - Aave App will onboard millions of users with a simple, fintech-like experience while ensuring users retain full control over their funds, backed by $1M account protection per user. A card will also launch later, generating additional fees for the Aave treasury - Aave Pro will be the premier destination for power users: sophisticated features, simple on-ramping, and the best of DeFi in one place - Aave Labs has the best designers and design engineers in the space, committed to delivering a high-fidelity experience for every user - Aave Kit will provide SOC2-compliant, enterprise-grade integration for fintechs and partners - Horizon will expand with Aave V4 support and more flexible asset onboarding to scale RWAs on Aave - New Aave V4 Spokes will unlock additional collateral and address the demand side of DeFi liquidity - Together, these products aim to bring DeFi to everyone and position Aave as the base credit and repo market for the entire $400T+ TradFi asset base Engineering & Tech - Aave Labs has the best engineers in DeFi. We built V1 through V3, GHO, and most recently V4, and this is just the surface of what we're building next - Aave V4 paves the way for next-generation lending, and Aave V3 will remain fully supported and maintained by Aave Labs for years to come - We are security-first. Smart contract security, application security, and ICT security are non-negotiable, and our recent SOC2 compliance reflects that. Institutions expect it, and we deliver it - We will invest in agentic AI, opening up new opportunities for developers building with Aave Marketing - Aave has historically led crypto in brand, events, content, and partnership marketing. We're doubling down on our brand recognition and the strong foundation we've built - Going forward, we'll expand into new audiences and channels to bring Aave mainstream, building net-new, stickier userbases among people who are new to DeFi Growth - Aave will deepen relationships across the DeFi ecosystem and build new bridges with fintechs, banks and asset managers - At its best, Aave isn't a bank. It's a financial network that any fintech, bank or an asset managers can plug into, and providing the best integration tools will be key BD efforts will rely on tight collaboration between service providers such as Token Logic and our partner networks - We honor our long-term partnerships and commitments, including @chainlink - We recognize the value Aave represents today and expect partners to approach us with the same respect Governance - We support a multi-contributor model for Aave and will continue to embrace it - We will oppose any vendor lock-ins or service providers that build products for themselves at the expense of token holders - We require full transparency from the SPs and no tolerance for relationship gating as all value needs to drive to Aave - Zero value leakage: everything built with Aave's funds must benefit Aave and be owned by Aave - SPs who align with these principles and commit to what's best for token holders will have our support on budgets, as long as they are reasonable - The DAO is taking a zero-bureaucracy approach: execution and skin-in-the-game are what matter. We are competing with some of the world's most efficient and well-funded organizations, and there is zero room for friction - Every SP will have real, measurable goals. Payments for posting governance proposals are over. We've already consolidated SPs to focus resources - Governance process improvements are coming in the months ahead: more efficiency, less politics Risk Management - We will continue to support a multi-layered risk management process encompassing both an economics risk layer and a technical risk assessment layer conducted by Aave Labs - Aave's risk management will include external risk managers such as Llama Risk and Token Logic for commercial and economic assessment. Aave Labs will also establish a permanent internal risk management function to coordinate and support external risk managers, making the overall system more resilient Building a Regulatory Moat - Aave Labs has spent years building a regulatory moat around Aave's products and deepening vertical integration - Aave is one of the only DeFi ecosystems operating at scale with regulated entities, including Push Virtual Assets Ireland, which is authorised as a CASP under MiCA, alongside a UK EMI-licensed entity - We are actively pursuing additional licenses globally to enable seamless, 1:1 fiat-to-Aave onboarding for mainstream users, a prerequisite for mass adoption - We go where the bar is high Policy - Aave Labs' policy team is world-class. We've participated in every major policy consultation over the years and will continue to fight for DeFi, protecting it from harmful regulation and ensuring legal certainty for users and integrators - The next few years will be pivotal for DeFi policy. We are fully committed Our Principles - Security-first above all else. This is non-negotiable Everything we build is truly DeFi, with self-custodial access at its core - Innovation-driven, we will move the space forward by innovating and building something new - For DeFi to scale, we need new audiences. That means growing the pie by building better experiences and infrastructure for users to access DeFi - Friendly by default: anyone should be able to work with Aave if the merits support it - Build and operate in public. Everything we do will be done openly, with the highest standard of accountability This is the direction we are committing to, a multi-year journey. The foundation is set. Now it's time to build. Aave will win.

Never doom. Stop being pessimistic. The person who wakes up everyday and says they're a fucking loser and nothing ever good happens to them will exist in a reality where nothing ever does. ENDURE EVERYTHING.

@cryppimagic Killing it, keep going

only 1 month into my project, and i’ve grown it from zero to nearly 5,000 unique users unbelievable feeling god bless claude code