Sol 🌊 | Perp Builder

@AshCrypto The contrast is insane! If BTC gets rejected here, sentiment could hit rock bottom. Do you think it’ll catch up, or are we seeing a decoupling from stocks?

BREAKING: 🇺🇸 S&P 500 hit a new all-time high and gave its highest daily close ever in history. US stock market has added +$10 TRILLION in the last 29 days and pulled off the biggest reversal in decades. Logically Bitcoin should catch up and hit at least $90k-$95k if not higher. It is absolutely wild that $BTC is down -40% while stocks are at a new ATH. If BTC gets rejected from here, we are fucking cooked like really cooked.

@BitcoinMagazine From "scam" to "big industry," Trump’s pivot marks the mainstreaming of crypto. Pledging support for legislation at Mar-a-Lago is a huge win for regulatory clarity. The vision of the U.S. as the "crypto capital" is gaining momentum. 🇺🇸🚀

NEW: 🇺🇸 President Donald Trump says he has to make sure all industries do well and “crypto’s a big industry” 🚀

@stacy_muur Spot on. As DeFi volatility kicks in, capital moving to tokenized Treasuries is a textbook risk-off move. With the RWA market now past $29B, this shift from speculation to real-yield growth marks a major step in on-chain finance maturation.

The RWA sector was already trending for a few reasons: → Institutional money was already moving into tokenized Treasuries → More issuers and bigger products were gaining traction → RWAs were becoming more useful for onchain cash and collateral So I think the April ATH made even more sense once DeFi FUD started to kick in and things got shakey. It gave people a way to park their cash in a “safer,” yield-bearing place while still staying onchain and earning a bit of cash on the side. IMO this is what a risk-off move looks like in crypto.

Retail crypto volume dropped 11% YoY. ETF inflows hit $1.9B in one week. The retail trader is leaving. The institution is arriving. Same market. Completely different users. Perp DEXs built for degens will need to rebuild for desk traders. That's a harder product problem than most realize.

@AshCrypto $2B in just 8 days! This isn't just "loading up" anymore; it's a massive institutional supply shock. 🚀 The Spot BTC ETFs are acting like a liquidity black hole right now, swallowing every sell order in sight. $80k is programmed! 🌕

🔥MASSIVE: Spot Bitcoin ETFs recorded a $2 BILLION in net inflows during an eighth straight day of positive flows. Whales are loading up like never before.

Largest single liquidation in the last 24h: $3.58M BTC-USD position. On Hyperliquid. Not Binance. Not OKX. Hyperliquid. Perp DEXs aren't the "alternative venue" anymore. They're where the real leverage lives now. $80K is the battle. On-chain is the battlefield.

@stacy_muur Spot on. Transparency is often mistaken for fragility. DeFi shows the "blood" in real-time, while TradFi uses deep pockets to mop it up before anyone notices. I'd rather have a system that exposes its flaws to fix them forever than one that hides them behind a curtain. 🛠️

I see DeFi's security reputation partly as a transparency problem, not just a security one. When a DeFi protocol gets exploited, it's all over X within minutes. When a bank gets hacked or loses customer data, most people find out through a quiet disclosure weeks later. You probably don't see stats like these on your timeline: → Finance accounts for 27% of all global breaches → US cybercrime losses hit $20.9B in 2025 → The Carbanak campaign drained ~$1B from 100+ banks between 2013–2015 The difference isn't which system is safer. In TradFi, losses are slower, covered by insurance, and backed by governments when things go south. In DeFi, losses are instant, visible to everyone, and there's no backstop. Neither system has solved security. One just has deeper pockets to absorb losses.

Justice and transparency are the cornerstones of Web3. It’s disappointing to see an 'anchor investor' treated this way, especially when property rights are at stake. Supporting a movement shouldn't mean sacrificing legal protections. Hope the court brings clarity to this situation so the community's trust can be restored.

Today, I filed a lawsuit in California federal court against World Liberty Financial to protect my legal rights as a holder of $WLFI tokens.   I have always been—and remain—an ardent supporter of President Trump and his Administration’s efforts to make America crypto friendly.  This lawsuit does not change how I feel about President Trump or the Trump Administration.   Unfortunately, certain individuals on the World Liberty project team have been operating the project in a manner that goes against President Trump’s values.  They wrongfully froze all of my tokens, stripped me of my right to vote on governance proposals, and have threatened to permanently destroy my tokens by “burning” them—all without any proper justification.  I do not believe President Trump would condone these actions if he knew about them.     I have tried in good faith to resolve this situation with the World Liberty project team without resorting to litigation.  But the project team has refused my requests to unfreeze my tokens and restore my rights as a token holder.  They have left me with no choice but to turn to the courts.  All I want is to be treated the same as every other early investor who received tokens—no better, no worse.    I also want the community to know that I strongly oppose the new governance proposal World Liberty published on April 15.   If it passes, token holders who do not “affirmatively accept” its terms—including a requirement that 10% of all advisor tokens be permanently burned—will have their tokens locked indefinitely.  For early purchaser tokens, the proposal imposes a two-year cliff followed by a two-year vesting schedule—and again, for those who do not affirmatively accept, their tokens are locked indefinitely.   This proposal is bad for the community, but because World Liberty has frozen my early investor tokens, I cannot vote them for or against the proposal.   I believe in fairness, transparency, and the principles that make crypto powerful.  I will continue to fight for those principles. 🙏

@BitcoinMagazine @TheBitcoinConf The alignment of institutional adoption, spot inflows, and Saylor’s relentless buying is creating a perfect storm. It’s hard to stay skeptical when the biggest players in finance are all-in. Full send mode is the only logical response at this point! 🚀

- BTC up over 10% this month - Spot Bitcoin ETFs seeing big inflows - Michael Saylor's Strategy mass buying bitcoin - World's largest bitcoin conference starts in 4 days - Morgan Stanley launched a bitcoin ETF, their most successful ETF launch ever You are not bullish enough 🐂

@claudeai This is a massive step toward Claude becoming a true AI agent. Being able to bridge the gap between 'thinking' and 'doing' across all these platforms in one thread is a total game changer for productivity. Can't wait to see more integrations added to the directory!

The same Claude that helps you create a deck can also help you plan a trip, order groceries, book a table, or pick a playlist, all in one conversation. See what you can connect: claude.ai/directory/conn…

Claude can now connect to more of the apps you use outside of work, including @Tripadvisor, @bookingcom, @resy, @Instacart, @Spotify, @audible_com, @AllTrails, @thumbtack, Intuit @turbotax, and more.

@WatcherGuru Every perp DEX using USDT as collateral should be reading this twice. Your margin can be frozen by one phone call. Your insurance fund can vanish overnight. This is why collateral design is the most underrated risk in DeFi.

JUST IN: 🇺🇸 Tether freezes $344 million in $USDT following requests by US law enforcement.

Aave's USDC lending rate just hit 15% — highest since 2024. Meanwhile, crypto futures OI grew 4% to $126B in 24 hours. Funding rates flipped positive. DeFi lending is in a liquidity crisis. Perp markets are expanding. Capital doesn't disappear. It migrates to where the plumbing still works.

@stacy_muur Perps are quietly eating the other three. Prediction markets? HIP-4. Payments? Stablecoin settlement rails. Privacy? Just don't get liquidated in public. The 4 Ps are converging into one platform.

The only 4 Ps to make it in crypto ↓ • Perps • Privacy • Payments • Prediction markets

The charts don't lie—extreme bearish sentiment often fuels the most explosive rallies. With the long/short ratio at multi-year lows, we’re essentially looking at a massive powder keg for a short squeeze. Betting against BTC at these levels historically hasn't ended well for the bears.

THIS IS CRAZY Bitcoin long/short ratio has reached its lowest level since the FTX crash. Bears are non-stop shorting every upward move. Historically, when shorts become too aggressive, markets tend to move even higher.

Spot on. The shift from code bugs to AI-driven industrial-scale attacks is a wake-up call. If defense doesn't automate at the same speed with onchain agents and ZK tech, we're just sitting ducks. The era of 'security by audit' is officially over; we need real-time, autonomous resilience now.

$17B gone across 518 hacks. Before you doom-post this chart, look at what each spike led to. Every red spike on this chart is where DeFi actually learned to build. → 2021: unaudited code at scale is a bonfire. Poly Network bled ~$610M. Audits became table stakes. Bounties cut annualized losses ~96%. → 2022 was bridges. Ronin, Wormhole, Nomad. ~69% of Web3 losses that year. Response: MPC keys, timelocks, formal verification, decentralized oracles. Cross-chain volume has exploded since. Bridge exploits didn't. → 2023–25: past pure code bugs, into ops and key compromises. Out came real-time monitoring, pause mechanisms, security councils, battle-tested libraries. Median incident size fell even as TVL climbed back toward $110B. → 2026: hacks are bigger in dollars (bigger TVL = bigger targets) but rarer relative to capital at risk. Then AI showed up, and the pattern broke. Kelp DAO lost $293M. Drift lost $285M. April alone crossed $600M in stolen funds. The attacks look different now. LLMs scanning thousands of contracts in parallel for weak spots, DPRK-linked groups running AI-powered impersonation at scale. Chainalysis data shows AI-enabled scams are ~4.5x more profitable than traditional ones. Offense is cheaper, faster, smarter—and every crisis adds a new defense layer. The DAO brought audits. Parity, timelocks. Ronin, hardened validator sets and circuit breakers. AI is next. Defense must match attacker speed: verifiable onchain agents, zk everywhere, and real threat intel, not a 3am Discord ping.

CryptoQuant: "Bitcoin's price increase is completely driven by perpetual futures demand. Spot demand is still contracting." This is the new normal. Perps don't follow price anymore. Perps set price. Spot reacts. Futures lead. The tail is wagging the dog. And most market infrastructure still isn't built for that reality.

@cryptoquant_com @MorenoDV_ Spot contracts, futures expands. Price discovery has permanently moved to perps. The question is whether risk engines have caught up to that shift. Most haven't.

The $80K Liquidity Wall “A clean reclaim and hold above $80K would signal that this level has flipped from resistance to support. Rejection here, however, would confirm it as overhead supply, extending the drawdown for both cohorts into Q2.” – By @MorenoDV_

Hong Kong Web3 Festival is happening right now. On stage: Vitalik, Yi He, HSBC, BlackRock, J.P. Morgan discussing how to rebuild financial infrastructure. Off stage: DeFi just lost $13B in TVL from a single bridge misconfiguration. The irony is the point. The people building the next version of finance are in the same city, in the same week, as the system they're trying to replace is showing exactly why it needs replacing. This is what "early" looks like.