One of the fastest ways to know which crypto sectors are winning is to follow the blue chips.
A summary of the latest @coinbase and @base updates:
1. New trading & assets
- Tokenized stocks launching for non-U.S. users. 1:1 backed, with dividends, voting rights, 24/7 trading, lending, collateral use, etc. Coming live on Base.
- Crypto and stock options trading
- Pre-IPO perps (Anthropic and OpenAI soon) and perpetual-style stock indexes
- Enhanced prediction markets: time-boxed binaries on assets (BTC, ETH, etc.) and “combos” bundling multiple predictions
- Beryl hardfork introduces B20: the new native Base token standard, designed for stablecoins, RWAs, equities, and long-tail token issuers with more compliance
2. AI & agentic
- Coinbase Advisor with an AI-powered, SEC-registered investment advisor
- Coinbase for Agents: connect AI (Claude, ChatGPT) to Coinbase accounts and trade within defined limits and sub-accounts.
- Support the agentic economy on Base with Base MCP, x402 protocol, Venice, and Bankr. Agents get their wallets for autonomous payments and actions.
3. Payments, cards & borrowing
- Full-stack Coinbase Payment solution for enterprises: Custody, compliance, settlement, fiat rails, and agentic commerce
- Coinbase One Card promos: travel portal with 5% back in BTC; earn 3.5% rewards on USDC
- Crypto-backed loans and easier borrowing against staked assets. New integration with Morpho on Base for JitoSOL.
4. Privacy and enterprise-grade onchain rails
- Base Ledger: Private, compliant transactions for enterprises on Base.
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Hyperliquid is probably the most unique ecosystem today.
Apps run on the same engine. No foundation-led liquidity programs. No discretionary narrative protection. Projects compete on execution.
The @HyperliquidX ecosystem looks like Ethereum in its early days 🧠🧵
HyperEVM is best understood not as a general-purpose chain, but as the userland extension of a functioning exchange.
No GameFi, no NFTs, no SocialFi really make sense here. Only financial primitives and infra/tools built to improve trading, liquidity, and capital efficiency.
🧠 AMM DEX
The DEX war on top of HyperEVM looks similar to other chains.
Uniswap-style concentrated liquidity, ve(3,3) flywheels, and intent-based routing compete on LP deposits and token-incentive flows.
5 newly launched blockchains with attention. ~$1.06b in fundraising. Nearly $3B in combined TVL. $2.5M combined chain fees generated to date.
What the data says 🧵
🧠 Key takeaways:
1/ TVL ≠ value capture for chains: $2.85B TVL generates just $2.4M/year (0.08% capture).
2/ Monad leads in DEX activity: Highest trading volume and DEX turnover.
3/ Katana stands out as the most sustainable incentive model for token holders with diversified revenue and a self-sustaining loop.
4/ Tech ambition ≠ adoption: Ink shows the strongest perps activity, while MegaETH is the more ideal chain for instant trading.
5/ Poor capital efficiency: $1.06B raised for ~99K DAU (~$10.7K/user); at current revenue, ROI would take centuries.
🧠 TVL & Concentration:
TVL trajectories show 3 patterns:
1/ Plasma peaked at $5.5B post-launch, then steadily declined as early investors exited and token price collapsed 93%
2/ Katana peaked at $677M pre-TGE, then declined post-TGE (a typical sell-the-news pattern where capital leaves once the farming catalyst (token claim) happens
3/ Monad shows the only consistent uptrend, growing from $0 to $377M over 5 months with no major retracement.
Tether, Circle, Stripe, and more are rolling out their dedicated blockchains for global stablecoin payment.
Here are the top competitors in the race 🧠🧵
2/ Don't forget to bookmark this thread or RT for future reference 🔖
3/ Why build more new chains when Ethereum, Solana, and Tron already work?
Because they weren’t designed for:
- Millions of daily transactions with millisecond latency
- Predictable, low-cost fees in the stablecoin itself
- Built-in fiat ramps
- Compliance-friendly privacy
- Custom control over infrastructure and economics
To make the most of this bull market, your feed needs more than just noise
Here’s a curated list of 90 high-signal CT accounts that belong in your “compounding value” portfolio.
(Not in any order - updated 2025) 🧠🧵
Whether you're a retail investor, a builder, a marketer, or a BD in crypto, this is the thread you’ll want to bookmark and return to.
Don’t forget to RT and save it for later 🔖
🧠 Macro & Market Insights:
@DefiIgnas - Smart insights, market analysis, project critiques. His popular Substack blog "Ignas | DeFi Research," delivering in-depth analyses on the most trending crypto topics
@ahboyash - A seasoned GTM strategist with deep market insights
@Route2FI - Narrative-driven psychology, OG DeFi advocate
@patfscott - Market trend breakdowns and analytics
@rektdiomedes - Shares sharp crypto insights. A must-follow to stay ahead of the curve.
@waleswoosh - Web3 guy, NFT and InfoFi mindshare
@arndxt_xo - DeFi, market, and macro insights
@milesdeutscher - Comprehensive analysis: DeFi trends, airdrops, overviews
@ayyyeandy - Rollup insights, multi-chain DeFi, market thoughts
@0xkyle__ - Market analyst, DeFi/macro intersections
@cobie - He's a highly influential figure in the crypto world, best known for his sharp insights, humor, and no-nonsense commentary
@0xLouisT - Crypto VC trends, high FDV, meme dynamics, ETFs
@sjdedic - Ethereum performance, DeFi trends, market updates. He's
Founder & Managing Partner @MoonrockCapital
@dcfgod - He's a prominent crypto investor (EtherFi, Ethena...). He shares sharp insights on yield farming, staking strategies, and more
@redphonecrypto - He's an anon crypto storyteller, philosopher, and innovator known for his sharp insights into blockchain and markets