Huge catalyst looks to be college football and recent growth in sports. For example, Ohio Texas game right now has 10x the volume on Kalshi rn and is a top ten prediction market by open interest
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1/ Last night, @variantfund hosted a demo night showcasing 9 teams working at the intersection of Crypto and AI. Here’s a little taste of what these builders are cooking up:
2/ Leading off, we had @hyperbolic_labs. @zjasper666 demoed their inference platform and GPU marketplace. They are my go-to inference solution for my personal AI projects and open source models.
3/ Next we had @RyanKuhel from @DLPLabs, a Vana Data DAO. He demoed how users can earn tokens by uploading their financial and LinkedIn data, which can then be sold to data providers or AI companies as training data.
As more projects work at the intersection of crypto x AI, we are starting to see how these two technologies can work together reflected onchain
An exploration of how the combined potential of crypto and AI is showing up in the onchain data
2/ AI agents are going to complete the bulk of onchain transactions
This trend is evident with Autonolas prediction market agents. The # of agent transactions has grown by 2x since the start of the year, completing over 38k weekly txs & ~63% of Gnosis Safe txs in the past month
2/ Autonolas agents demonstrate that even with ~453 agents acting onchain, their activity generates more transactions than human activity in Gnosis Safes.
Agents enable a future of higher efficiency & task coordination, with their output likely to surpass human onchain activity
1/ Hyperlane is emerging as a strong come-from-behind contender in enabling the modular future.
Hyperlane’s continued expansion to chains has enabled it to process over $1.5B in volume in the last 3 months.
An analysis of Hyperlane is growing into an interoperability leader.
2/ Hyperlane is an interoperability protocol that provides a toolkit for developers to streamline multichain connectivity. It allows anyone to set up routes to send messages, tokens, and NFTs across chains.
Their expansion has been permissionless, driven largely by third-parties deploying custom deployments on new rollups and chains.
3/ Hyperlane enables teams to permissionlessly connect chains to create new transfer routes. Notably:
- Over 8+ chains are transferring $2M+ in assets weekly
- +50% of the volume comes from the cosmos ecosystem such as chains such as Injective, InEVM, and Neutron
1/ You may have seen that some L1//L2s have seen ATH for active/new addresses in the past few months
My first response was potential sybilling / farming to blame?
In this analysis, I broke down Layer Zero Usage across chains to answer this question dune.com/jhackworth/sgu
2/ Everyone knows about the upcoming Layer Zero airdrop, but breaking down the % of network usage by chain for Stargate/L0 in the past thirty days is shocking:
AVAX: 41% of Addresses, 9.3% of TXs
OP: 36.41% of Addresses, 7.76% of TXs
ARB: 788K Addresses, 10.8% of TXs
3/ Analysis for the past 30 days also showed that many Stargate/L0 addresses had a majority to all of their transactions related to the protocol. Chains ranged from ~34 - 49% of the addresses having 100% of their transactions directly tied to Stargate/L0 contracts
Curious about the increased growth on L2s? My latest @DuneAnalytics dashboard breaking down the metrics, users, and protocols that are driving activity on Ethereum, Arbitrum, & Optimism. Top insights in the 🧵below.