Spag Bol 🍝
585 posts






SOL Strategies is expanding what institutional-grade blockchain infrastructure looks like. Today, we are excited to share that we have entered into a definitive agreement to acquire @HoudiniSwap, a non-custodial, privacy focused cross-chain swap aggregator operating across 100+ networks. 🧵


I think X really doesn't appreciate SK Square enough. The thesis is NOT that the 40% discount at which SK Square trades to just the value of its SK Hynix shares will go to 0! There will clearly be a discount, but there are many great reasons and imminent catalyst why this discount will go down to 25-30% and there are clear catalysts why this is happening NOW! You get all of that discount gap closing ON TOP of the proportional appreciation to SK Hynix! So yes, I definitely think this is like slightly higher risk, but significantly higher upside SK Hynix! Also: I'm insanely bullish SK Hynix, which is obviously the main reason why you want levered exposure to it! Longer explanation of why this is happening now coming later.



Why did Kraken list $M (Memecore) on July 3, 2025 for spot and how did it pass due diligence? $7.9M in suspicious Kraken withdrawals to 18 newly created addresses with 11.7 $M sitting total (valued at $39.8M now). Insiders have manipulated the price to $6B market cap ($18B FDV) and Kraken is one of the few venues that supports $M spot. In recent posts the only achievement the team has shared is $66M total volume on a launchpad and thousands of “users” from its incentivized InfoFi campaigns. Suspected Memecore team address 0x6f1f0a1ccc76d2d292249b19c19e401f0e843ba9 (received 200M M at TGE) sent 5.3M $M to Kraken deposit addresses on July 3, 2025 0xaa1f9fa46177aca98f5f433d88fe6d21d029c4a6 & 0x0ca854724259770a62dd623b6e9bce0151c79fa7 Kraken withdrawal addresses 0x4207e505c0dbab1e0d80a76a9ed42ef7b12bea17 0xba64b15f8afb9316b656ebdc19463786f33792d2 0x71dc4397b40055432be9f0e904681b151bec6eb0 0xacd7ec923efc5ff10ba1ddbe521b1a5536a1d70a 0x75ac45467d7df5bff47139af3887e408005ef637 0xfe28d786f007a5d5abd46e447e5758a20916a7d6 0x81475797b4b5d930a115ecd85a2c36cbc956a4f0 0x79d4411bba21289bb728f35221478e1b4eda1c96 0xdb0b0ab84b7e688db809379e8e8e70c020f7d0b2 0x94044c87aee7433725c13798816ab751ef6db9d7 0x7ca8c28c5e4e61c54ecf2631a43e37f88c589d61 0x067c40852576438c81b3649d8fec3d8d7ab27208 0xe2ef6d412a60a91af4e4f37db3efb6971099d98b 0x2c0365ef67c20cc9177e004b43a2d51ace28b5cb 0xaeee0e6b84e24431c1cf1424322e318debc67974 0x45039d2c98a3c7c1e2593dda1e77360e335c5aca 0x0b38bb1558f63c2b36382edd2385674b07697c59 0xff4cd9c291379a72e9efa3ee0f8e10ab51601575





$SPC is live: 2MU93nLHhDsHzgEYBKbVbwLDd2pi71ubGp8SkEv9dZwQ Now trading on: @krakenfx @kucoincom @MEXC @Bitpanda_global @BitMartExchange








spoiler: polymarket will launch its own L2 honestly there is no other viable path - they already have distribution - they can control and build the full stack around prediction markets - capture sequencing fees + mev no brainer (this is the playbook for every successful app)




This is my 3rd week as VP of Engineering DeFi at @Polymarket , and I'm going to be straight: the traction @Polymarket has seen has massively outpaced our infrastructure, and we haven't done nearly enough to scale to keep up. I hear you, and fixing this is our entire focus. We're a major company now, and we need to engineer like one. Here's exactly what we're doing: - Onchain data latency. We're working on making this near-instant so the experience is incredible. - Chain migration. We need more block space, cheaper gas and much smaller block times so settlement is instant. - Transactions are getting cancelled. We understand this is one of the most frustrating issues right now, and we have a complete fix coming very soon. - Massive focus on the website to make it faster, more responsive, and with better UX. - We added observability everywhere. Proper alerting so we catch issues ourselves, market makers should not be the ones telling us something is down. That's been unacceptable, and we know it. - E2e tests throughout, starting with the CLOB, so issues get caught in CI before anything ships. - CLOBv2 is not a rewrite. It won't improve performance or stability on its own; it's an upgrade that unlocks us to move fast right after. We'll do better with communication next time. - We are rebuilding the CLOB from the ground up. Most important thing we're doing. Without it, we can't be the best DeFi exchange in the world. We know it, we're on it, it's mission critical. - Unified TypeScript SDK for all APIs, which is shipping soon. - Unified API. One WS connection for everything, with a schema that's actually readable. - New Polymarket contract in the works that unlocks things that are simply impossible on the current protocol. - New hires: Head of QA Automation, Head of Dev Tooling, Head of Internal Tooling, Head of Data Engineering. - Smaller, dedicated teams. Fewer focus points per person, clearer ownership. People do what they're good at and are accountable for it. - Working closely with customer support to give them real debugging tools so any user issue gets properly diagnosed, not lost. - Proper communication with marketing and market makers so everyone knows what's coming and when, and MM can submit feature requests with a clear path to get them into engineering and shipped. - Working with 4 security teams daily to ensure we're super secure and that funds are always safe. - Perps incoming. Brand new contracts and a backend built from scratch in Rust. We're proud of this one. - A lot of other fixes are running in parallel right now. Starting next Friday, I will be posting weekly engineering updates. I joined because I genuinely believe in what @Polymarket is trying to do. @shayne_coplan built this so the world has somewhere to go to find out what's actually going to happen, not what the media thinks, not what a pundit says, but what thousands of people are willing to put money on. But right now, our engineering isn't living up to that. We've let people down, and I'm not going to dress that up. I came here to fix it, and that's exactly what we're going to do. The next few months are going to speak for themselves. Stay with us.

If Polymarket actually migrates to Solana - it’s over for other chains They definitely need an L1 with the best infrastructure, speed, and cost Polymarket and $POLY could easily bring a Solana Supercycle What are your thoughts? 🤔


Let's play a game. "How Many Polymarkets (can your chain house)?" howmanypolymarkets.bread.build














