I’m speculating @kinetiq_xyz points will be worth somewhere in the $5~$15 range. Assumptions: - TGE around Nov 13, 2025 (aligns with Pendle program end) - 30% airdrop (similar to Hyperliquid’s initial 31%) - FDV at TGE: $500m (biggest + most hyped liquid staking on HyperEVM, but could be lower given Lido’s tvl and current fdv) By TGE (~17.3 weeks of farming), we’ll have ~13.83m kpoints distributed (800k/week starting Jul 15). If Kinetiq opens at a $500m FDV, 30% airdrop allocation = $150M value, and $150m/13.83m points = $10.85 per kpoint. FDV scenarios: - $250m FDV = $5.42/kpoint - $500m FDV = $10.85/kpoint - $750m FDV = $16.27/kpoint

I’m speculating @kinetiq_xyz points will be worth somewhere in the $4~$12 range. Assumptions: - TGE at the end of q4 - 30% airdrop (similar to Hyperliquid’s initial 31%) - fdv at tge: $500M (biggest + most hyped liquid staking on HyperEVM, but could be lower given Lido’s tvl and current fdv) By tge (~24 weeks of farming), we’ll have ~19.2m kpoints distributed (800k/week starting Jul 15). If Kinetiq opens at a $500m fdv, 30% airdrop allocation = $150m value, and $150m/19.2m points = $7.81 per kpoint. fdv scenarios: - $250m fdv = $3.91/kpoint - $500m fdv = $7.81/kpoint - $750m fdv = $11.72/kpoint

How @ventuals_ oracle pricing works for its Pre-IPO perps: - Data Source: Nasdaq Private Markets (captures 60-70% of secondary market volume for large private stocks) - Price Formula: 50% offchain data (secondary transactions, fundraising rounds, 409A valuations) 50% 8hr moving average of perp price itself - Why the hybrid approach: Allows price discovery on perps while staying anchored to real private market data. FAQ: What happens if a company raises a new round and the the offchain oracle price has a large valuation jump? Ventuals prices will likely be leading rather than lagging as traders frontrun fundraising rumors. The 50/50 mix lets index price rise gradually as slower offchain data catches up.

Just tested @ventuals_ and opened positions on OpenAI and SpaceX using mock USDC. Clean UI, polished design, and seamless UX end to end. Currently, OpenAI, SpaceX, and Kraken are live on testnet, with Stripe, Anthropic, Anduril, and Cursor coming soon, some of the most anticipated private companies globally. But what matters more is what this signals: we’re starting to see the emergence of real perp markets for RWAs. Ventuals is one of the first to test this under HIP-3, showing how easily builders can launch new markets without rebuilding an exchange from scratch. And it’s not just about private companies. This opens the door to a much broader range of markets. We’re going to see ideas get tested quickly, and the ones that are successful will bring fresh volume, liquidity, and users back to Hyperliquid. Really excited to see what Ventuals and Hyperliquid build in the coming years.

Abstract winning is a net +EV for all of web3. It proves consumer crypto has real pmf. That means new apps, new users, and a real shot at onboarding a billion people. I’m rooting for @AbstractChain, and you should too.

Came to the @irys_xyz meetup and saw they used the @WalrusProtocol vs irys comparison table I made in their presentation. Glad it was helpful, but calling Walrus a dapp is widely inaccurate. Kinda disappointing to see knowingly false info being used tbh.

Study how a founder’s impact goes beyond just the product. Hyperliquid created a generational wealth effect, rewarding early og traders with life changing money. Now they’re millionaires turned builders on HyperEVM, shipping real products, spreading Jeff’s ethos, and giving back to the ecosystem that gave them everything. I’ve never seen anything like this in crypto.

just got an invite code and tried @elfa_ai for the first time. gotta say, it’s pretty neat. distilled, high signal info like mindshare + x feeds, and the ui is super straightforward. what i really like about the product is being able to track when and what my favorite CT guys (like @j0hnwang) said and line it up with charts. super helpful for filtering out LARPs.

I have no idea what evil larry is but sick UI. Congrats @ipdotworld on the launch! @StoryProtocol really needed something like this.

imo it doesn’t matter whether uses 0%, 25%, or even 100% of revenue to buy back $PUMP. the core issue is that ’s market share is already gone; there’s no point in buybacks if they’re earning pennies. unless the team finds a way to bring it back, I don’t think this pump will last long.