Looking forward to meeting all the builders tmrw!

the research team over at @DefiLlama just released a 30-page report on Katana Katana is different. with four primary revenue drivers that flow back to higher yields and deeper liquidity for users. "where does the yield come from?" - this report from @dl_research dives DEEP 👇

One more @katana killer yield--looping weETH / vbETH on @MorphoLabs... weETH yield = 3.3% vbETH borrow = 0.94%-1.46% Assuming 86% LTV / 91.5% LLTV on Morpho for the weETH / vbETH market on Katana, we can achieve a leveraged position of ~7x. This means we might achieve a net looping yield of... (3.3% x 7) - (1.46% x 6) = 14.3% The yield could be much higher (17.5%) if you consider the boosted KAT rewards for vbETH borrows, bringing the effective borrow rate down to 0.94% assuming KAT achieves a $1B FDV in the future, but discarding this completely, 14.3% is killer. 🦋 Collateralize / borrow on Morpho: app.morpho.org/katana/market… 🍣 Swap borrowed vbETH for weETH on @SushiSwap: sushi.com/katana/swap?token0…

Feeling a little behind on all this but what @katana has built with this vaultbridge (vbTokens) is very clever. "Users receive vbTokens on katana (vbUSDC, vbETH, vbWBTC, etc). idle vbTokens don’t earn by themselves. you need to put them to work in lending or other LPs to tap the boosted yield. these are not liquid staking tokens." The capital efficiency unlock here is huge--all those bridged assets earn yield on Ethereum L1 and then get redirected to DeFi users putting those vbTokens to use in DeFi pools on Katana. Idle vbTokens do NOT earn any yield. Holding vbTokens in your wallet does not entitle you to the L1 yield generated from vaultbridge. You must deploy vbTokens into LPs or lending markets on Katana in order to benefit from the boosted rewards. The key to all of this working as designed, is keeping the underlying assets backing vbTokens secure in "low‑risk, high‑liquidity strategies on Ethereum, via Morpho vaults" so that the yield can be redirected to boost/incentivize DeFi protocol activity on Katana. vaultbridge currently boosts 3 different battle-tested DeFi protocols available on Katana: @MorphoLabs @SushiSwap @yearnfi I would highly recommend you go exploring sooner because the KAT token is not live yet. This is a perfect example of what @Nomaticcap has been writing about in Yields of the Week in The Edge Newsletter--making concentrated bets as an LP on DeFi with reasonable timelines to commit (a few months) prior to their TGE, competitive base APYs, proven DeFi protocols to mitigate chance of an exploit, but meanwhile, unlimited upside depending on how their future token launch goes (KAT).

Today, @SushiSwap crossed 1B in volume on @katana!

the only TVL that matters is productive TVL the assets actually being used in DeFi and contributing to the overall health & growth of the ecosystem

ALMs make productive TVL on katana even more efficient for both traders and LPs check out these ALM vaults from @steerprotocol, @charmfinance, @thedeep_xyz, and @gammastrategies

NBA prediction markets are now live in the @foresightnow dojo the future of prediction markets lives on katana ⚔️

basically,

stop sleeping on your bags training starts tomorrow at 11am et | 3pm utc x.com/i/spaces/1BRKjmLnXLvxw

OTC arbitrage strategy clearly in play today - courtesy of @neutrl building the largest allocation strategy for market neutrl yield on your stables. Example in qs is $OM - buy locked tokens at 50 to 60% disc to spot locked for 6 to 12mo - hedge with short on perps (size ranging from principal to notional) - lock in otc profit - often profit from funding rate arb staking rewards When coin goes down, shorts pay out cash making these trades more capital efficient when you get the hedges at higher FDVs. Main risk are ADL (auto deleveraging), funding rates falling (eg $MOVE) and strong upward price movements. You can build systems to manage all 3 of the above.

Hyperliquid Thesis Syncracy believes $HYPE possesses a unique revenue engine, combining an exchange and smart contract platform, that positions it to become the highest earning blockchain in the world. Our thesis on Hyperliquid’s "financial aggregator” opportunity. 1/

AFTER ALL THIS TIME? Always. Yeah @ethena pools are still this good. 71% Profit 249% APY for YT-USDe (July 2025). And this is considering: 🔹3% airdrop for both Season 3 Season 4 🔹A "bear market" FDV of $7B → down from previous months' highs of $14B-15B iUSDe is coming online this year. Gateway for more institution adoption. Strong catalyst a very strong @pendle_fi exclusive multiplier of 50x and you have yourself a recipe for some jooocy returns 😋

How is HyperEVM doing 48＋ hours after its mainnet launch? Here are some breakdowns and tips to help you navigate HyperEVM more easily: 1. HyperEVM Ecosystem current status After the launch of the HyperEVM mainnet, projects will gradually launch over time. On the ecosystem map, you can check the current status of projects that have been building on @HyperliquidX or the HyperEVM testnet for more than a month and have shared their launch plans for HyperEVM. AMM DEXs So far, we can already try AMM DEXs on the mainnet through @HyperSwapX and @Noxa_Fi. Although it is still in the early stages, this is the time to discover hidden gems if you’re an early adopter. Borrowing & Lending Sector - @hyperdrivedefi, @KeikoFinance, and @hypurrfi have launched part of their features on the mainnet. - @hyperlendx is still in the testnet stage, but based on their testnet performance and documentation, their product is definitely worth looking forward to. Staking - Currently, @stakedhype has opened deposits, allowing you to stake $HYPE and mint $StHYPE, which can be used on HyperSwap or other yield protocols. - 87K $HYPE has already been deposited on @stakedhype. Upcoming Launches - @LiquidLaunchHL, a token launch platform, is deploying its product on the mainnet today. - @drip__trade, the first NFT marketplace, is ready to launch its token on HyperLiquid Spot today. Notable NFT Project @HypioHL NFTs are still deployed on Base, but the hype and insane floor price surge are remarkable. (The minting price was 0.02 WETH?!) There are likely more projects building on HyperEVM that I haven’t listed here—feel free to contact me or @impossible_! 2. Dex aping If you are a memecoin or shitcoin hunter ,now you can get the chart of any token deployed on HyperEVM on dexscreener. dexscreener.com/hyperevm 3. On Chain Explorer and Stat Platform If you are a data nerd , now there must be some alpha you can get on purrsec powered by @parsec_finance purrsec.com/#hyperliquid-tre… Two standout features: 1. Trending Contracts – See which contracts are being interacted with the most today or even this hour. 2. Transfer Flow Analysis – Track token movements across the network. I also believe that @DefiLlama’s deployment on HyperEVM may be coming soon, which means you’ll be able to access TVL (Total Value Locked) data in the future. Yeah, and never ignore @asxn_r and @nansen_ai here . 4. Transferring Funds to HyperEVM Moving funds from HyperLiquid Spot to HyperEVM is now very straightforward. The team has provided a GUI for EVM transfers on Hyperliquid L1. With the development of @unitxyz protocol and integration with @deBridgeFinance, there’s a high possibility that we’ll see more assets bridged from other chains—or even real-world assets—to HyperEVM. Special Thanks A huge thanks to @KingJulianIAm for answering some of my questions—especially while managing multiple tasks across HyperLiquid and HyperEVM. Also, shoutout to my elite teammates from @impossible_ for keeping eyes on HyperLiquid. Builders on HyperEVM, please reach out to us! 🚀

I showed you the #Bitcoin 10k wall coming down. Here is the 100k wall being destroyed. Historic.

Absolutely beautiful

Michael Saylor gives a #Bitcoin masterclass on Fox Business. The mainstream is coming…

Send it to ZERO - how do you even do this after $HYPE's recent launch?