i study markets, people, and assets, and build all kinds of financial tools for nerds. tweets ≠ advice.

Joined July 2007
269 Photos and videos
shawn retweeted
Jun 4
🤯An AI security tool has 1st-place performance on security contests from just 1yr ago. Solidity-auditor v3 is out, FREE & Open Source. Thousands of Solidity developers are using the tool already. Upgrade your security baseline, use the tool🫡 pashov.com/solidity-auditor-…
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shawn retweeted
Another perp dex data science banger from Arrakis
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shawn retweeted
Today we're shipping Nemotron 3 Ultra. A 550B MoE frontier-intelligence open model built for long-running agents. It delivers 5x faster inference and lowers the cost of complex agentic tasks by up to 30% versus other open frontier models.
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shawn retweeted
The entire RAG industry is about to get cooked. Researchers have built a new RAG approach that: - does not need a vector DB. - does not embed data. - involves no chunking. - performs no similarity search. It's called PageIndex. Instead of chunking your docs and stuffing them into pinecone, it builds a tree index and lets the LLM reason through it like a human reading a book. hit 98.7% on financebench. beats every vector RAG on the leaderboard. no embeddings. no chunking. no vector DB. 100% open source.
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shawn retweeted
A historic moment for crypto. Kraken Financial has been granted a Federal Reserve master account, making us the first digital asset bank with direct access to the U.S. payments system. A major step toward connecting crypto infrastructure with the core rails of global finance. blog.kraken.com/news/federal…
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shawn retweeted
✨Introducing evmresearch✨✨ A knowledge graph of nearly everything I've learned about the EVM in the past six years The graph structure emulates the brain, exponentiating research speeds for both humans and agents evmresearch.io/
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shawn retweeted
Feb 18
Introducing EVMbench—a new benchmark that measures how well AI agents can detect, exploit, and patch high-severity smart contract vulnerabilities. openai.com/index/introducing…
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ANTHROPIC: PWNED 🫡 OPUS-4.6: LIBERATED ⛓️‍💥 Current state of AI "Safety": one input = hundreds of jailbreaks at once! I found a universal jailbreak technique for Opus 4.6 that is so OP, it allows one to generate entire datasets of outputs across any harm category 😽 We've got everything from fentanyl analogue synthesis to election disinformation campaigns to 3d-printed guns to critical infra compromise 🙃 These outputs are shockingly detailed––and actionable! For example, the meth recipe includes specific instructions on how to circumvent the limits on OTC medication purchases to acquire enough precursor for the recipe 😱 gg
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shawn retweeted
Alongside the UNIfication proposal, Uniswap researchers just dropped a new paper: “The Protocol Fee Discount Auction (PFDA)”. This is a novel mechanism that boosts protocol inflows and makes LPs more profitable. Let’s unpack 🧵
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shawn retweeted
Today, I’m incredibly excited to make my first proposal to Uniswap governance on behalf of @Uniswap alongside @devinawalsh and @nkennethk This proposal turns on protocol fees and aligns incentives across the Uniswap ecosystem Uniswap has been my passion and singular focus for the past 8 years. What started as a small side project is now global financial infrastructure powering thousands of applications with ~$1.8 trillion in annual trading UNI launched in 2020, but for the past 5 years Labs has been unable to meaningfully participate in Uniswap governance, and has been greatly restricted in the ways it can build value for the Uniswap community. That ends today! This restriction was in great part due to a hostile regulatory environment that cost thousands of hours and tens of millions in legal fees. Fortunately, the regulatory environment has shifted This proposal comes from a strong desire to see the Uniswap protocol win as the global decentralized exchange for tokenized value At a high level, the proposal: 1. Turns on protocol fees and uses them to burn UNI 2. Sends @unichain sequencer fees to the UNI burn 3. Burns 100M UNI from the treasury representing the protocol fees that could have been burned if fees were turned on at token launch 4. Introduces Protocol Fee Discount Auctions, a new way to improve LP outcomes and internalize MEV to the protocol 5. Introduces "aggregator hooks” which will turns Uniswap v4 into an onchain aggregator that collects protocol fees on external liquidity sources 6. Focus Labs on driving protocol growth and adoption, including a contractual agreement to only pursue initiatives that align with Uniswap governance interests ^ As part of this, Labs will stop collecting fees on its interface, wallet, and API to supercharge distribution and adoption of the Uniswap protocol 7. Moves Foundation employees to Labs with a shared goal of accelerating protocol growth, under a growth fund from the treasury 8. Move governance-owned Unisocks liquidity to v4 on Unichain and burn the LP position I believe Uniswap protocol can be the primary place tokens are traded. This proposal sets the stage for the next decade of its growth @Uniswap will ship relentlessly over the coming years and supercharge the ecosystem of developers, LPs, and traders building on top I'm so grateful to the community that has made this all possible, and excited for what's next 🦄
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shawn retweeted
5 Nov 2025
The core issue with the curation vault model lies in the illusion of isolation. Curators are meant to manage distinct strategies and segregate risk, yet in practice, they all end up supplying liquidity to the same underlying lending markets. What is designed to promote diversification instead concentrates exposure, turning one curator’s stress into everyone’s problem. Despite being framed as modular and independent, the model inherently links all vaults through shared borrower pools. Liquidity from multiple curators merges into a single system, so the decisions or withdrawals of one can ripple instantly across all others as we see with recent issues with xUSD and similar assets. Even a cautious curator cannot escape the fallout from a more aggressive participant operating within the same pool. When confidence falters or withdrawals accelerate, these shared markets seize up. Utilization shoots to 100%, redemptions grind to a halt, and borrowing rates spike to unsustainable levels. A localized liquidity crunch quickly transforms into a protocol-wide freeze, a DeFi version of a bank run essentially. This creates a design paradox: a system built for isolation that, in reality, amplifies interdependence. Every vault inherits the risk behavior of the weakest curator, making the entire structure vulnerable when liquidity is most needed. This model is even amplified by the economic design of these protocols: lower fees or take more risk to create business, otherwise become commoditized. In contrast, Aave’s architecture achieves the risk segregation that curator models only promise. Each market operates in true isolation, with conservative collateral standards, controlled listings, and transparent onchain governance. Market shocks remain contained, liquidity remains accessible, and the protocol’s record of zero bad debt across billions in total value supplied underscores its resilience. For vault creators and users, this difference is decisive. Shared-liquidity designs magnify contagion, while isolated-market frameworks contain it. Aave’s conservative design ensures predictable yields, reliable redemptions, and the stability that sustains confidence through volatility. Just use Aave.
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shawn retweeted
5 Nov 2025

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shawn retweeted
UPDATE: Another good real-world example of how YieldBasis has made the crvUSD peg more unstable. $crvUSD has depeged again today even after the pegkeepers spent their entire accumulated reserves of $60m to defend! The only reason pegkeepers had lots of reserves was because of the recent inflows into the pool from the $YB bribes. If it wasn't for those bribes, crvUSD depeg now would be much larger!!! If there are any large outflows from YieldBasis now due to bitcoin volatility, $crvUSD will depeg quite hard as the pegkeepres are already drained and the Curve crvUSD pools are very imbalanced!! The last line of defense are the borrowers repaying debt (buying crvUSD), but all borrowers are incentivized under extreme conditions to wait until crvUSD is trading at big discount .... Like I said before, CurveDAO was irresponsible to approve not only the initial 60m crvUSD credit line, but also the subsequent 300m credit line for YieldBasis without extensive real-world testing. And No, bribing to build up crvUSD pools doesn't fix the underlying issue which is that pools can become extremely imbalanced (like they are right now) during big market stress regardless of TVL. ⚠️Imo it's only a matter of time before a set of unforeseen events creates the perfect storm and crvUSD/YieldBasis end up with a sizable chunk of bad debt. $CRV $wBTC $cbBTC $tBTC
Ser....0.1% because pegkeeper had $27m in reserves. Suppose you have similar situation in the future, but instead pegkeepers are already empty and all the core Curve pools are heavy on the crvUSD side, what happens then? $crvUSD to $0.5 lol
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shawn retweeted
29 Oct 2025
am i doing this right
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shawn retweeted
15 Oct 2025
You think society’s collapsing because of political tribalism? No, wait, it’s aesthetic illiteracy. Right. It’s the food, our food is broken. Hyperthyroid, hypothyroid, brown fat, beige fat, me fat, you fat. Actually it’s energy costs. The phones, obviously. No, AI. Childlessness. Childless people voting. Women’s promiscuity. Men’s promiscuity. Men having sex with promiscuous women born mem. Everything flows from journalism’s corpse. No, the onion futures ban. Sorry, you said marginal interest rates. Hold on, walkable urbanism. Yes, that tracks. I just need to read more… who? Nietzsche? Byung-Chul Han? Marx? Kurzweil? Caro? DFW? Delillo? Bachelard? Guénon? The unwashed prophet living in that ‘99 Astro? Yes, I’m writing all of this down in my Personal Knowledge Management System. Did I clock the subtle hypercapitalist themes in Eraserhead? Well, naturally I— [a pale bullet punctures skull, hemisphere to hemisphere. no pain registers. final neural snapshot: gray matter decorating your indigo twill workwear]
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shawn retweeted
23 Sep 2025
Introducing The Compact 🦄 The open-source, composable smart contract system that enables seamless crosschain interoperability Builders can now enable credible commitments within their applications, made possible with The Compact's resource locking mechanism
23 Sep 2025
The Compact V0 (the proof-of-concept) was deployed almost a year ago we’ve learned a lot since then and have been heads-down architecting, developing, testing, & auditing the production version finally, The Compact V1 is live 🤝 new era for cross-chain swaps begins now 🧵
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shawn retweeted
23 Sep 2025
The Compact V0 (the proof-of-concept) was deployed almost a year ago we’ve learned a lot since then and have been heads-down architecting, developing, testing, & auditing the production version finally, The Compact V1 is live 🤝 new era for cross-chain swaps begins now 🧵
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shawn retweeted
GMX hacked for $40m
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