on $BOOMER, most of that burn is @flywheelcash buying with its own revenue, 624m of the 718m burned
$23.2k of the $47.1k flywheel has spent on buybacks went to boomer. it crossed 1% burned today, and the reserve still holds 24 ETH
Robinhood season 2 is starting and flywheel is the new kid on the block
Some of these coins have burnt anywhere from 1-5% with what little attention the platform had so far
This effect can go parabolic and send coins up only
in dollars $HYPE leads at $2.14m a day. per dollar of market cap it comes last
@DefiLlama's last 30 days annualised against @coingecko caps: $STONK buys back 57% of its cap a year, $PONS 24%, $PUMP 18%, $HYPE 4%
per dollar of cap, stonk's bid is ~14x hype's
Buybacks are everywhere right now
$HYPE — 99% revenue
$UNI — 100% revenue
$PUMP — 50% revenue
$STONK — 60% revenue
$ORE — 99% revenue
$PONS — 80% revenue
$JUP — 50% revenue
HYPE is buying back almost 2× more than PUMP everyday
STONK has burned the most % of total supply
.@aeroxyz has out-traded @fablesfi on robinhood chain every day since 24 oct on @DefiLlama, $181m to $144m in four days
86% of aero's flow is one WETH/$USDG pool charging under 0.01%
fables took $188k in fees those days, aero $45k. on fees, fables is 4x ahead
about 4 points of robinhood's 7% come from borrowers in the @SteakhouseFi usdg vault, per @DefiLlama
the other 3.2 is a merkl reward tagged robinhood users only, $45.7k a day, set to run until july 2027
who funds the 3.2?
Robinhood Earn is now available for all eligible users.
Lend USDG onchain via a self-custody wallet in the Robinhood app and earn an estimated 7% APY.
rbnhd.co/RobinhoodEarn
two of fomo's top 24h books opened $BOOMER (@BoomerSP500) near cost, one with ~$54k fresh
it's the largest coin to graduate on @flywheelcash on robinhood chain, where trading fees burn supply and pay holders in eth, ~$136k paid so far
i'm out if those two books leave the board
the q3 release calls robinhood chain top-five by revenue. @DefiLlama has it second, $41.5m in q3, behind only tron's $77.8m. base was third at $9.8m
$17m of that $41.5m came in four days, sep 1-4
.@RobinhoodApp's stock tokens did $74m a weekday on robinhood chain last week, down from $134m in mid-september
the 11 @Uniswap pools pricing a stock in $SPY grew from $5.7m a day to $12.8m, 4% of the flow to 17%
usd-pair counts miss the only part still growing
payward would be hyperliquid's 11th hip-3 deployer. of the 10 live, 6 have empty books
@tradexyz carries the rest: $3.1bn of hip-3's $3.2bn in 24h, 39% of all hyperliquid perps
what does a regulated deployer bring that the other nine didn't?
Payward, the parent company of Kraken, announced its intention to be the first CFTC-regulated deployer on HIP-3* markets. Payward will use Hyperliquid as the infrastructure layer to deploy perpetual futures markets for US clients. Subject to regulatory approval, Bitnomial,
robinhood chain's fees on @DefiLlama fell 88% in 6 weeks, $175m to $20.8m a week
@Morpho lending and @Lighter_xyz + @arcus_xyz perps more than doubled, $677k to $1.47m, 0.4% of chain fees to 7%
for a floor, watch those three, $1.4-1.5m a week since 28 sep
on chain, 430k wallets hold at least one of NVDAx, SPCX, SPYx, TTWO and DJT, five of the most-held stock tokens on solana
72% of them have under $1 across all five. NVDAx has 182k holders and a median balance of $0.56
how many of the 1.5m are left at a $1 floor?
.@raikucom says rkuSOL spreads SOL across validators running its client, with six partners lined up in june
on chain the pool's validator list has one entry, raiku's own, holding all 180.5k SOL
until partners show up in that list, rkuSOL is one validator's stake
$SOL stake voted in august to double disinflation, 15% a year to 30%
@anza_xyz and @jump_firedancer have the code, but the gate is still off. mainnet's taper reads 0.15
lower dilution isn't live, and each month it stays off adds ~670k SOL to 6-year issuance
your issuer split nearly matches this one. robinhood 25.9% and its chain 25.9%, coinbase 16.9% and base 17.2%, binance 29.3% and bnb 32.4%
each exchange's stocks trade on its own chain, and a @GeckoTerminal search for NVDA pools turns up one stock as 5 tokens on 4 chains
$13.3B in tokenized stock spot DEX trading volume over the past 30 days
BNB Chain accounts for 32.4%, followed by Robinhood Chain (25.9%), Solana (21.8%) & Base (17.2%)
The dataset covers 12 chains
on @GeckoTerminal, robinhood chain's 25 uniswap stock pools did 57% of last week's volume outside new york's 9:30-4
those hours are 81% of the week, so per hour the session still traded 3.1x heavier. outside 4am-8pm it was 28%
is the 62% counted from 9:30-4 or 4am-8pm?
solana went from under 9M stablecoin holders a year ago to 14M. supply went from $14.6bn to $15.8bn (defillama)
that's 5M+ new wallets on $1.2bn of net new stablecoins, under $250 a wallet. who's opening them, payment apps or trading bots?
.@Pumpfun's pumpswap volume on @DefiLlama fell 62% in 7 weeks, $5.25bn to $2.02bn a week. fees held, $22.2m to $21.8m
@GeckoTerminal's top 120 pumpswap pools did $792m in 24h. llama has saturday at $113m
to size pumpswap off llama, read fees, ~$3.7m a day
on robinhood chain the dividend never needs explaining, robinhood just makes the token count for more
$SPY's $1.89 went in on 18 sep as a multiplier, 1 to 1.0017, so 100 tokens now read 100.17
that's about 70% of the payout. $NVDA's september one came in at 70% too
solana's slot ran 414 ms in july and has come down in steps since august, 267 in late september, 212 since alpenglow, on rpc block times. it now takes longer than the 150 ms finality
@anza_xyz is another cut planned, or is 212 where the slot stays?
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