Cryptophile

My current airdrop farming list. Mar 11. 12 protocols across 4 categories DeFi (Tier-1): > sUSDai (~8% APY + S2 points) > Neutrl (~8.4% APY + points) > Rysk (19%-35% APR + points) > YO vault in @turtledotxyz (6% APY + $YO rewards) > Uniswap V3 $ETH/ $USDT range 1500-2600 (~10-50% APR) > Decibel (Aptos perpDEX LP deal @turtledotxyz) > AAVE Mantle (~5%) DeFi (Tier 2): > Hylo (~14% APY + points) > Cascade (0% APY + points) > OnRe (~10% APY + points) DeFi (Tier 3 / “anti-FOMO”): > Glow / Loopscale > Reflect (~4% APY + points) Prediction markets: > Polymarket (running small positions) Trades I’m running: > $GUN short into unlocks (entry 0.033, take 0.01) in profit > $SOL long (entry $129 and $70, TP = $153) > $BTC long (entry $74k / $67k / $62k, TP = $89k) > $ETH long (entry $1800, TP = $2500 / $2900) > $HYPE long (entry $26, TP = $36 / $47) ICO watchlist: > Waiting for USDai, Billions, Makina, MegaETH, Gensyn, Flying Tulip TGEs Major changes since the last update: > Reduced exposure in USDai, holding only sUSDai (~8% APY now, ~10% expected later) > Added some stables in @yield $yoUSD vault. Transperant strategy, 5-8% Base yield + 12% $YO rewards > Fully exited @solsticefi (yield dropped to ~3-4%) > Added small cash secured puts @ryskfinance (Mar-13 dates) > Waiting for @daylightenergy + @saturn_credit launches. Planning to rotate stables there > Still holding Almanak tokens (deep underwater) > Idle USDC parked in AAVE Mantle waiting for the next DeFi opportunity

Everyone chasing tokenized equities right now Real alpha is quietly building in tokenized commodities Hard to believe, but in the coming years retail investors will have access not just to simple commodities price exposure - but to real • cash-flow exposure, • production financing • actual financial utility @alenka_on_x 5 hidden gems 👇

@KenOnDeFi Do you have any exact numbers who are the biggest Asian traders on EdgeX?

@Cryptophileee A lot of EdgeX volume comes from Asian countries. So there's not a cult around it, just a lot of farmers trying to push volume before TGE. But as far as airdrops go, I think both will fade away as farmers move on to the next perps to farm.

$BP vs. $EDGE pre-market Can someone explain this valuation gap? FDV: • Backpack $BP = $320m • EdgeX $EDGE = $680m Backpack has clear PMF in Solana: ✓ Wallet ✓ CEX ✓ MadLads NFTs EdgeX? Black box that looks overfarmed... The "cult" around EdgeX is way weaker than Lighter or Hyperliquid pre-launch We've seen this movie before: Paradex and Lighter both struggling to hold market share post-TGE $EDGE at 2x $BP valuation makes zero sense to me P.S. Only explanation: @edgeX_exchange has no investors. Amber Group can paint whatever chart they want with zero sell pressure.

@badabingtrades When MM is incubating PerpDex, they can show any numbers they want 🙃🙂

@Cryptophileee What about actual numbers? Open interest? Fees earned?

Polymarket traders don't believe in $EDGE FDV either $EDGE Pre-market → $680m FDV FDV above ___ one day after launch? • >$300m → 90% • >$500m → 61% • >$700m → 35% $BP Pre-market → $320m FDV FDV above ___ one day after launch? • >$100m → 99% • >$200m → 91% • >$300m → 65% Market thinks $EDGE will dump hard Only 35% odds it holds current pre-market valuation... $BP? 65% odds it stays above $300m The market is telling you something Links: polymarket.com/event/edgex-fd… polymarket.com/event/backpack… P.S. This post isn't sponsored by Polymarket!

⚡Neutrl just got hit (frontend exploit) ⚡ Looks like a DNS hijack via social engineering → Users could’ve been interacting with a malicious site. Good news: → Smart contracts are SAFE → Protocol is paused → Team is investigating What you NEED to do: → DO NOT use the website → Go to revoke.cash → Revoke approvals ASAP These are contracts that may have access to your funds: → 0x23f2741EaA0045038e9b52100CdcC890163dE53F → 0xa0Adf074056E41dfB892aFC69881E15073b384b9 I checked all my wallets, didn't find these approvals, but revoked everything on Ethereum mainnet just in case

@ruggedpikachu Of course, I understand that Lighter and Aster are even blacker boxes than Hyperliquid But even Hyperliquid is a black box for the government

@Cryptophileee Its not a blackbox, you can track everything on the explorer. its basically the same as for uniswap and every other dex. actually, lighter aster and the other perps dexes are way more of a blackbox

The real bearish case for $HYPE nobody's talking about It's not competition from $ASTER or $LIT (they're dying anyway) It's the money laundering risk... Here's the scenario that keeps me up 👇 Everyone talked about how PerpDEX market was getting crowded Aster, Lighter, new competitors everywhere Sweet market, lots of VCs throwing money around But reality check: • @Lighter_xyz is fading • @Aster_DEX losing traction • Hyperliquid still dominates with massive market share So what's the actual risk? Hyperliquid is a $1B+ liquidity platform where you can swap billions without KYC - Zero identity verification - Surface-level AML checks that are laughably weak compared to CEXs It's a complete black box for governments Why hasn't this blown up yet? Good question... Remember the latest Binance case? Internal staff discovered Iranian terrorist money flowing through the platform Money laundering at scale Binance tried to bury it, even filed lawsuits But the damage was done Now imagine the same scenario with Hyperliquid: One day, someone finds terrorist wallets, drug cartel funds, sanctioned entities washing money through the platform The media firestorm will be instant And guess who fans the flames? Coinbase, Binance, OKX, Bybit... CEXs will sponsor hit pieces, fund investigations, lobby governments They have billions in reasons to kill decentralized competition What happens next: 1️⃣ Countries start IP banning Hyperliquid Europe first, then others follow 2️⃣ Regulators demand mandatory KYC/AML 3️⃣ Legal pressure on the team @chameleon_jeff and core devs could face personal consequences 4️⃣ Whales exit The entire value prop was no KYC Force KYC = platform dies The domino effect: Even if whales try moving to another PerpDEX, it won't matter If regulators crushed Hyperliquid with KYC requirements, every other PerpDEX becomes a target The whole niche collapses No PerpDEX can survive heavy-handed AML enforcement This isn't FUD, it's game theory Hyperliquid's biggest strength (permissionless billions) is also its existential weakness One high-profile case, one media cycle, one regulatory crackdown... And the entire model breaks Am I saying sell $HYPE? No But this risk is real and underpriced Most people are worried about TVL and competitors I'm worried about governments waking up Disclaimer: I am still holding my $HYPE long🙂

@lordjorx Hope Ethen can unlock all $ENA supply sooner so all the paper hands from the last VC rounds can exit and dump it to 300–400m :) Limit orders are ready)

Ethena’s growth is essentially free. I’ve been investigating how they can still pay a 3.5% APR on sUSDe when the typical "carry trade" isn't profitable right now. If funding rates aren't paying, where is the money coming from? I checked their dashboard and realized that 89% of their assets are currently unallocated. They aren't sitting in CEXs. Instead, that capital is sitting in USDtb, which earns yield from US Treasury bonds. That’s exactly where that 3.5% comes from and I didn't know it 😅. Only about half of the USDe supply is actually staked. There are $2.32 billion out of $5.92 billion that aren't earning that staking yield. So, what happens to the profit from that un-staked collateral? @ethena uses it to fund their massive incentive campaigns on platforms like @merkl_xyz. I always wondered how they could afford to spend so much on growth, but the truth is it’s "free" for them. They are using the yield from the collateral of non-stakers to incentivize new strategies, strengthen the peg, and fill their insurance fund. It’s an incredible growth machine. They’ve built a system where the protocol grows using the idle yield of its own users.

@Defi_Warhol @HyperliquidX @etherealdex @variational_io @extendedapp @OstiumLabs @nadoHQ @pacifica_fi @edgeX_exchange @OfficialApeXdex @BullpenFi Do you really believe in Tempo token launch? Imo corporate blockchains do not need to divert attention away from companies stocks (Stripe is definitely planning an IPO, token will be useless)

📂 Airdrops to Farm ┃ ┣ 📂 Perp/Trading ┃ ┣ 📂 @HyperliquidX ┃ ┣ 📂 @etherealdex ┃ ┣ 📂 @variational_io ┃ ┣ 📂 @extendedapp ┃ ┣ 📂 @OstiumLabs ┃ ┣ 📂 @nadoHQ ┃ ┣ 📂 @pacifica_fi ┃ ┣ 📂 @edgeX_exchange ┃ ┣ 📂 @OfficialApeXdex ┃ ┣ 📂 @BullpenFi ┃ ┣ 📂 @Bullshot911 ┃ ┣ 📂 @grvt_io ┃ ┣ 📂 @Dreamcash ┃ ┣ 📂 @hibachi_xyz ┃ ┣ 📂 @PhoenixTrade ┃ ┗ 📂 @42space ┃ ┣ 📂 Prediction markets ┃ ┣ 📂 @Polymarket ┃ ┣ 📂 @Kalshi ┃ ┗ 📂 @predictdotfun ┃ ┣ 📂 L1/L2 ┃ ┣ 📂 @base ┃ ┣ 📂 @AbstractChain ┃ ┗📂 @tempo ┃ ┣ 📂 AI & Agents ┃ ┣ 📂 @dawninternet ┃ ┣ 📂 @konnex_world ┃ ┗ 📂 @FractionAI_xyz ┃ ┗ 📂 Other ┣ 📂 @opensea ┣ 📂 @ethos_network ┗ 📂 @Arcium

@ChungTheOga king!

Should also start working on becoming a public speaker during the bear

@HeyDrops @turtledotxyz yeah my bad will remove from next portfolio updates

@Cryptophileee @turtledotxyz small correction Flying Tulip already TGE.

My current airdrop farming list. Mar 11. 12 protocols across 4 categories DeFi (Tier-1): > sUSDai (~8% APY + S2 points) > Neutrl (~8.4% APY + points) > Rysk (19%-35% APR + points) > YO vault in @turtledotxyz (6% APY + $YO rewards) > Uniswap V3 $ETH/ $USDT range 1500-2600 (~10-50% APR) > Decibel (Aptos perpDEX LP deal @turtledotxyz) > AAVE Mantle (~5%) DeFi (Tier 2): > Hylo (~14% APY + points) > Cascade (0% APY + points) > OnRe (~10% APY + points) DeFi (Tier 3 / “anti-FOMO”): > Glow / Loopscale > Reflect (~4% APY + points) Prediction markets: > Polymarket (running small positions) Trades I’m running: > $GUN short into unlocks (entry 0.033, take 0.01) in profit > $SOL long (entry $129 and $70, TP = $153) > $BTC long (entry $74k / $67k / $62k, TP = $89k) > $ETH long (entry $1800, TP = $2500 / $2900) > $HYPE long (entry $26, TP = $36 / $47) ICO watchlist: > Waiting for USDai, Billions, Makina, MegaETH, Gensyn, Flying Tulip TGEs Major changes since the last update: > Reduced exposure in USDai, holding only sUSDai (~8% APY now, ~10% expected later) > Added some stables in @yield $yoUSD vault. Transperant strategy, 5-8% Base yield + 12% $YO rewards > Fully exited @solsticefi (yield dropped to ~3-4%) > Added small cash secured puts @ryskfinance (Mar-13 dates) > Waiting for @daylightenergy + @saturn_credit launches. Planning to rotate stables there > Still holding Almanak tokens (deep underwater) > Idle USDC parked in AAVE Mantle waiting for the next DeFi opportunity

@cobie @sjdedic It’s weird when someone believes that engagement farming or shitposting is a sponsored KOL campaign))

@sjdedic I would be surprised if this is a KOL campaign. Much more likely that it’s just people trying to post something that gets engagement by copying the other ppl who got engagement. Stripe doing a KOL campaign sounds funny tho

This might be the worst KOL campaign I’ve ever seen. Praising a tool that helps you “find free money” just because you’re too incompetent to keep track of your own finances and don’t even notice when a few thousand dollars go missing. Only crypto people would think this is good marketing lol.

@jpickett713 @turtledotxyz cash secured puts assets: ubtc/ueth/usol/whype

@Cryptophileee @turtledotxyz Rysk, is this underwriting specific covered calls/csps? If so, which assets? Guessing hype LSTs but maybe tokenized equities?

@0xNairolf Liquidity might be the biggest bottleneck here To make this truly usable, we need a lot of liquidity on tokenized stocks

i dont understand why more people dont talk about DeFi on tokenized stocks 500m people already own stocks thats 500m people who could get: - loans against them - yield on them isnt it like an obvious massive market or im i retarded?

@Leonardo_Web3 Late March or early April No fixed date

@Cryptophileee when does CHIP TGE?

UPD. Polymarket bets. Here’s a recap of all Polymarket bets I shared My last recap was in Nov 2025: 11 wins ✅ / 1 loss ❌ What already hit, what’s in profit, and what failed 👇 ✅ Already won / closed in profit 1️⃣ $BTC hit $50k in February? Bet: No WON → +25% 2️⃣ $BTC hit $55k in February? Bet: No WON → +51% 3️⃣ $ETH below $1400 by end of February? Bet: No WON → +40% 4️⃣ How much will the $AI (Gensyn) ICO raise? • >$10M - WON (+49%) • >$20M - LOST 5️⃣ $RANGER ICO > $40M raised? Bet: Yes WON → +67% 6️⃣ $SOL hit $50 in February? Bet: No WON → +29% 📍 Still holding 7️⃣ Putin out as President before June 30? Bet: No In profit 8️⃣ Kim Jong Un out before 2027? Bet: No In profit 9️⃣ USD.AI FDV > $400M one day after TGE? Bet: No (<$400M) In profit 🔟 USD.AI FDV > $500M one day after TGE? Bet: No (<$500M) In profit Waiting for $CHIP TGE (likely late March) ❌ Closed in loss 1️⃣ $FT FDV > $800M one day after launch? Bet: No Token launched with fixed $1B FDV → market resolved against it. 2️⃣ $ROBO ICO > $4M raised? Bet: Yes Raised only $3.5M → LOST. TL;DR ✅ Won / profit • $BTC $50k Feb → +25% • $BTC $55k Feb → +51% • $ETH <$1400 Feb → +40% • $AI Gensyn ICO >$10M → +49% • $RANGER ICO >$40M → +67% • $SOL $50 Feb → +29% ⌛ Still open • Putin out before June → No • Kim out before 2027 → No • $CHIP FDV >$400M → No • $CHIP FDV >$500M → No ❌ Lost • $FT FDV >$800M • $ROBO ICO >$4M P.S. This post isn't sponsored by Polymarket!

Too much tokenised-equity news lately: • Kraken x @xStocksFi × Nasdaq • NYSE × @okx • Ondo × Binance Alpha • Backpack's IPO on @SuperstateInc How to navigate the noise & stop mixing different concepts in your head? I break it down into 3 problem / solution buckets.👇

@Good_Bad007 Not now waiting for a good market

@Cryptophileee Any new bets