Crypto is the core economic layer for agentic activity. Lou Mohn, @FTI_Global portfolio manager, on how AI and crypto together will drive the financial industry toward 24/7 markets. @openagisummit @incyd__

Tokenization leader @Securitize clears key SEC hurdle for @NYSE $SECZ as they tokenize the world. The SEC has declared its S-4 registration statement effective, bringing it closer to a SPAC merger with $CEPT Cantor Equity Partners II. cointelegraph.com/news/secur… $COIN #Blockchain

No, Apyx is not levered $STRC. No, this is not "Luna 2.0". And no, the team is not blindly dumping cash into the market while leaving long-term holders concentrated in $STRC. In Apyx Office Hours #12, we addressed the biggest questions around $STRC volatility, the $apxUSD discount, redemption mechanics, and how the protocol is being managed through stress. A few key points: 🔴 Apyx is designed to avoid bank-run dynamics. Instant NAV redemptions during stress would force the protocol to dump massive amounts of $STRC into a thin, falling order book. 🔴 The team is maintaining a homogeneous asset mix by selling $STRC alongside redemptions, not just spending cash and leaving remaining holders with increased concentration risk. 🔴 Apyx is the largest holder of $STRC, meaning we have a strong incentive to manage liquidity responsibly. 🔴 When $apxUSD is bought back at a discount, that discount can flow back into the protocol as additional overcollateralization, potentially leaving the protocol stronger after volatility subsides. 🔴 The long-term goal remains 10% overcollateralization, a level where events like this become significantly easier to absorb. 🔴 $STRCx, tokenized $STRC, is part of a broader vision for fully onchain reserve management, greater transparency, and eventually 24/7 liquidity. Timestamps: • 02:51 Why STRC sold off and what triggered the volatility • 05:37 What happens inside Apyx when STRC trades below par • 07:36 Why instant NAV redemptions could damage both STRC and Apyx • 09:29 Why the team slows redemptions instead of force-selling reserves • 09:56 How discounted buybacks increase overcollateralization • 10:56 The path toward 10% overcollateralization • 14:39 Exit options for apxUSD holders • 17:22 Why Apyx is not levered STRC • 17:50 SATA rotation and reserve management • 19:12 Apyx vs STRCx and other STRC-related products • 22:23 Balance sheet management during stress • 24:22 Why Apyx is designed to be anti-bank-run • 27:31 Saylor's options to stabilize STRC • 33:58 Why Apyx tokenized reserves through STRCx • 36:10 The vision for fully onchain financial infrastructure Full replay below. 👇

Across DeFi strategies, indicative yield tracks composite complexity remarkably tightly — a fair compensation curve emerges. The further a strategy sits from that curve, the more carefully you should ask whether you're being paid for the risk, or just taking it.

The latest market structure bill markup just dropped, and I want to highlight how important it is for DeFi. The Clarity Act is fundamental to giving DeFi developers the confidence to build in the US, backed by strong developer protections. If the US wants to lead in DeFi, the framework must preserve the ability to build and maintain decentralized protocols without imposing unworkable obligations on DeFi developers that are better suited for centralized models. If US succeeds, rest of the world will follow. The question of yield has always been largely irrelevant, in my humble opinion. Passage of the Clarity Act could create a similar tailwind for DeFi as the Genius Act did for stablecoins. That’s far more important than anything else: giving developers the clarity and confidence to build the future financial rails the world will rely on. I appreciate all the work the Senate Banking Committee members have done throughout this long process, and I encourage members to vote in favor of a bipartisan framework that developers can rely on. DeFi will win.

I've heard rumblings that @base is making a TVL push right now for reasons™ TL;DR: 40% APR on cbETH At the moment, @ipor_io is one of the prime beneficiaries, receiving incentives on some of their vaults on that chain. Here's a break down of the top vaults live there now: 1) @628Labs cbETH Dynamic Looping ⇒ Spot APR: 40% ⇒ Has Incentives? ✓ Yes (34% Incentives APR) ⇒ Exposure: Aave >99%, Morpho <1%, Euler <1% Description: cbETH/WETH looping optimizer 2) @ClearstarLabs Base cbETH Looper ⇒ Spot APR: 11.35% ⇒ Has Incentives? ✗No ⇒ Exposure: >99%, Morpho <1%, Euler <1% Description: cbETH/WETH looping optimizer 3) @ipor_io Dao wstETH Base ⇒ Spot APR: 9.97% ⇒ Has Incentives? ✗No ⇒ Exposure: >99%, Morpho <1%, Euler <1% Description: wstETH/WETH looping optimizer 4) @ClearstarLabs Base ETH Lending Optimizer ⇒ Spot APR: 5.02 ⇒ Has Incentives? ✗No ⇒ Exposure: Euler and Morpho Markets Description: ETH Lending Optimizer on Base Please note: I love when chains do incentive programs, and I'm an Ipor ambassador

Great signal and conversations with those who joined us to discuss the massive opportunity tokenized RWAs represent, and how we're building sustainable onchain yield Consensus Miami has been productive for our team. Looking forward to building on the momentum we captured