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lito
pushing chain abstraction @socketprotocol & @bungeeexchange helping builders through @cryptotesters investing through @sogitocapital
great metric
it’s always annoyed me that when u look at the mcap/fdv difference on coingecko for $FLUID you’d think there’s a investor supply overhang
it’s actually fully vested and the difference is just because the treasury holds > 30% of the tokens
eFDV of $FLUID is $440m


0xngmi8.8. klo 03.43
We're gonna add a new metric that reports FDV excluding supply that is unallocated (eg supply in treasury or reserve), so calculated as: fully dilluted allocated supply * price
Whats the best name?
- effective FDV (eFDV)
- adjusted FDV (aFDV)
- allocated FDV (aFDV)
13,75K
smart cynics are unhappy people that don’t know what to do with their life
they log in everyday just spread their pessimism about this industry
instead of just working in another industry

John Wang6.8. klo 00.40
beware the 'smart cynic'
anyone who says "there's not much interesting stuff out there rn" is just not looking hard enough
stay hungry, stay curious. the edge is always hidden in plain sight.
5,43K
lito kirjasi uudelleen
It's really exciting times in Ethereum DeFi
I actually think we are getting closer to a point where spot trading as a primitive will be superior on-chain vs CEX.
Why? Two big shifts:
1) Fixing LVR (loss versus rebalancing)
Today, on chain AMMs leak value to arbitrage that exploit the difference between market prices evolving between blocks. For L2s with low block latency this is less of an issue but with Ethereum 12 second block times this is more significant. If LPs captured this arbitrage value, they could profitably lower fees.
Projects like @angstromxyz are already working on this by building on Uniswap v4 hooks, auctioning arbitrage off‑chain and paying proceeds back to LPs. Nice episode on this with @hasufl and @0xvanbeethoven here
2) Unparalleled AMM capital efficiency
@0xfluid pioneers a deep integration between money markets and AMM DEX leading to new levels of capital efficiency for market makers, explained in detail in the quoted tweet. This type of efficiency is only possible through deep composability which is not possible within a off chain context.
TL;DR @angstromxyz fixing LVR + Fluid DEX v2’s capital efficiency could make on‑chain spot trading the best venue for traders. Imo it would make sense for angstrom to build on Fluid dex v2 hooks, otherwise someone else will or Fluid themselves will capture that value
3,3K
$400m in active loan growth since june
DEX 🤝 Lending
aaaaaaaaah we're flywheeeeeling


Fluid 🌊10.6.2025
$1B in active loans on Fluid 🌊
Powered by Money Market and DEX
14,53K
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