如果未来的分发将包括某种形式的验证或 KYC、那岂不是要排除中国人、美国人？😂

老黑又买 hyperliquid:native 了，不要看他说了什么，要看他做了什么。

ventuals 竟然宣布关闭了，之前 vHYPE 脱锚严重，折价买了点，刚刚去提现了，1:1 的汇率。 这下 @tradexyz 基本上完全占据这一块的市场，我记得原来是大家差异化竞争，比如就上中概股，Pre-IPO或者某地的股票市场，但这个吧时间窗口太短，看来项目方是想明白了，竞争不过，放弃。 好吧，就看接下来 trade 家发不发币了，如果不发币，期待公布一个明确的信息，比如全力押注 hyperliquid:native ，这样博弈空投的人也就完全死心咯。

If you had asked me a month ago why I still hold AERO, I probably would've struggled to give you a clear answer. Not the chart there's not much to brag about there. Not the yield. And strangely enough, not even Base anymore, even though that's where it all started. When I first started building my position, the thesis was simple: Base was growing faster than almost every other ecosystem, and Aerodrome was its dominant DEX. If Base kept growing, Aerodrome would grow with it. For a while, that was enough. But over the last year, something else started catching my attention. Almost every major update from Aerodrome felt increasingly difficult to fit into the box of a traditional exchange. First, Aerodrome surpassed $400B in cumulative trading volume. Then came discussions around a deeper integration with Velodrome and a unified economy. Then Arc. Now Predictive Allocation. Taken individually, these are just product updates. But the longer I looked at them, the more it felt like they were all pointing in the same direction. Predictive Allocation was the moment that really made me stop and think. Because if you look across DeFi, most capital follows the same pattern. A pool is already generating fees? Liquidity flows there. A token is already pumping? Attention follows. A narrative is already working? Capital piles in. We're constantly looking through the rear-view mirror and calling it analysis. That's probably why Predictive Allocation caught my attention. Not because I'm convinced it will work. I don't know if it will. What interests me is the question it asks. What if incentives rewarded people not for what has already proven successful, but for identifying where liquidity will be needed next? And what makes it even more interesting is that by directing incentives there, you're not simply predicting the future from the sidelines you're actively helping create it. Will it work at scale? I have no idea. But I find that question far more interesting than another promise of high yields. And that's when many of the previous Aerodrome updates suddenly started making more sense to me. Instead of looking like a collection of disconnected announcements, they started looking like different pieces of the same idea. Most projects are trying to win the game as it's played today. Aerodrome increasingly feels like a project trying to change the rules of the game itself. And once you start looking at it that way, it's hard to think about it as just a place for swaps. I find myself thinking more about liquidity itself. Who attracts it. Who controls it. Who sees where it's heading before everyone else does. Because that's usually where value gets created long before the market notices. To keep this from sounding like I'm simply in love with the idea, there's also a much more practical side to the story. Behind all of this is a real business. Protocol revenue has already surpassed emissions. All fees flow back to token holders. And those same revenues are used to buy AERO back from the market. In a DeFi industry where many protocols still print more value than they create, that's relatively rare. And for me, that's at least half the reason I'm still here. That doesn't mean I ignore the risks. AERO is still heavily tied to Base. If activity slows down on the network, Aerodrome will feel it. TVL remains well below its previous highs. Token inflation hasn't disappeared. And any merger or expansion strategy will ultimately depend on strong execution. So I'm not here because everything has already been proven. But I'm not here because of blind faith either. The longer I watch the project, the more I see a clear logic behind what the team is building. If there's one thing I've learned in this market, it's that the biggest opportunities rarely went to the people who understood yesterday best. They usually went to the people who saw where things were heading before everyone else. And the more I look at Aerodrome, the less I see a DEX. The more I see infrastructure trying to influence where liquidity flows next. Maybe that's the real reason I still hold AERO.

雄起了 aerodrome-finance:native ，让 @base 再次伟大，大家都有美好的未来。

我看到英文社区在讨论 @tradexyz 可能要上线港股的交易，而今天智谱暴涨啊，因为 A 社的大模型被禁。

我喜欢 @base 上的 PVE ，可以在享受产品增长的过程里积累财富，慢慢来、慢慢来。 我喜欢 @HyperliquidX 的回购模型，可以在享受曲线增长的过程里积累财富，请记住，有一天市场上的 $HYPE 可能会被买完。 我讨厌一切 PVP ，不管是 base solana 还是 HyperEVM，在交了学费之后，我确定这不是我能走的道路，不羡慕你们了，该你们发财。

我真有一个梦想 ... thank you. @PerpetualCow

我做了一个梦，它还没有醒。 hyperliquid:native

这几天我在仔细研究 @coinbase 和 @base 接下来的发展路径。 现货美股很早就在 Coinbase 主站交易了，它近期一直在搞 RWA 的合约，何况去年就宣布要在 @base 上做代币化，没有推进应该是一直在等法案落地。 组合拳是 @HyperliquidX 这一条线、联合 @circle 卡位 $USDC 在这里的唯一性，买入 hyperliquid:native 做部署者。 在主线上如果 @base 推进下一步的动作，基本上是 @AerodromeFi ，如果有一天我看到它也部署到 HyperEVM 并且打通到 HYPERLIQUID CORE ，我也不会奇怪。 那么副线的非美用户、要么在币安买，要么可选的就是 @base ，如果它还要卡位 AI 这条线、确保 base 再次伟大，暂时不知道如何解决与 @arc 的分歧。 在主线上，我不知道将来它们会不会做下一步的 cbBTC/COIN ，cbBTC/CRCL 类似这样的交易对，我想，对于 CRYPTO 来说才有可能夺回注意力。 没办法、仓位决定脑袋，仓位决定关注。 aerodrome-finance:native $CRCL hyperliquid:native

很久没有 meme 的空投了，谢谢 Thanks ~

Folks clearly see $HYPE as a claim on 100% of the value produced by onchain derivatives exchanges. But to date, there has been no token that represents a claim on 100% of the value onchain spot exchanges. Aero is designed to fix this. 🛫

可能是最大的外汇交易市场 ？

Hyperliquid 把真实美股现货交易补上、那就齐全了，不知道有没有项目在做 Hyperliquid 版的劵商。

不知道怎么回事！今天 @AskVenice 极其不稳定、在香港访问。

不知道接下来能不能找到工作，距离上一份工作结束已经过去了三年。 这几年摩托车骑了，摩旅行程也走了25万公里，从 120 斤的小伙吃成了 180斤的大胖子，太爱吃了，年龄从35岁增长到了38岁。 编程从手动古法编写到如今 AI Coding ，只看到 biu biu 的在终端自己输出。

有谁知道 @Backpack 的股票真实性如何吗？有没有那个 50 万美元的基础保障，一直在考虑要不要重新买入 solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy 提升一下 VIP 等级，以及把在币圈买入美股的资金都调入这里。 我本身有一个 VIP1 ，但是看到 BP 页面这一项 “被收购时”，就有些担心，万一它发展不如预期，被卖了，资金从这里退出来，会不会有问题，如果是中国内地居民，会不会被限制。

越来越觉得 OpenSea 就是骗局、一而再再而三的骗大家 😂 ，但是 NFT 市场几乎都停止运营了，市场上唯一剩下的又只有 OpenSea 了，躺赢！

ELON MUSK: If you’re reading this, SpaceX wants to take you to the Moon and Mars. "We want to be able to take anyone who wants to go to the moon, anyone who wants to go to Mars or anywhere in the solar system, and maybe beyond the solar system. At some point, we want to be able to take you there, not just a few astronauts, I mean you, literally you. Whoever you are, SpaceX wants to be able to take you to the moon, take you to Mars, and ultimately beyond, and I’m confident at this point that with the incredible team that we have here at SpaceX, that we will do that for you in a while."

I love the incredible people of SpaceX beyond words