Today I want to spend some time looking into @reya_xyz. Not a deep dive yet, just understanding what they’re trying to build. Reya is working on an onchain perpetual exchange with a real orderbook. The goal is simple: fast trading like a CEX, but with Ethereum-level security. Key ideas behind the project: – Orderbook-based perps (no AMM) – Very fast execution using pre-confirmations – Built as a based rollup on Ethereum – Non-custodial clearing and cross-margin accounts – Risk and margin system designed for active traders It’s a big and complex design, with clear trade-offs. Still early, but the architecture shows they’re thinking seriously about onchain trading.

Starting the new Kaito campaign with @primus_labs today. A few reasons it made sense to me: - First, English, Chinese, and Korean have separate leaderboards. You’re not competing with everyone in one pool. - Second, you can post a max of 10 tweets in 30 days and only your top 4 count. No need to spam every day. - Third, rewards come from the token itself. 0.3% of $PRIM is allocated to this campaign and Epoch 1 runs until Oct 22. If you want in, drop a solid tweet every 2–3 days, and it won’t eat your time.

Told you yesterday to keep an eye on @AscendLaunch whitelist just started. Cohort 01 already got invited and they’re still sending more spots. founder is @CryptoTomYT. He’s been loud on HYPE since TGE and this is the project he’s putting his name on.

gm frens Quick one before the day starts One of the launchpads I’ve got my eye on right now is @AscendLaunch It’s coming to @Enter_Elysium on Hyperliquid, and they’re not doing the usual launch-and-disappear thing. Fees go back to the team, they keep supporting liquidity after launch, and there’s no extra token sitting on top of the project. Free 500 NFT mint coming too. This one’s on my radar, and I think it’s about to get a lot of attention. If you’re reading this, you’re still early.

morning CT Reya v2 goes live on September 28. The orderbook opens, Season 1 locks, and Season 2 starts as a short extra season on top of what you already earned. No token date yet. For now, it is about being early and actually trading. Have a good one. @reya_xyz

Last stretch of the @0xhazels GTD Race, and I just checked my board. Sitting at #30 right now with 1,263 YORAI. Not the craziest Social Score, but the climb has been clean so far. Curious where everyone else landed going into the close. Drop your rank; I wanna see how this race actually looks from other sides. Season 01 wraps Sep 22, 00:00 UTC. @Rosaaa @CelineeXBT #WEAREHAZELS

gm CT Last hours of the @0xhazels GTD Race. Season 01 closes Sep 22, 00:00 UTC. After that, the board freezes and the top 500 lock their spot. Not a raffle. Just rank on the board. If you’re still outside the race, this is the last window. If you’re already in, today is the last day the work still counts. Eight Rise doesn’t wait. @Rosaaa #WEAREHAZELS

gm ☀️ Been looking into @0xhazels a bit more and honestly, the utility side is pretty interesting. Most NFT projects sell the art first and figure out the utility later. Hazels is taking a different route with the NFT acting as the access key. 3 main things: → Pulse — creator campaigns based on actual activity → Drops — free-mint access to projects on their launchpad for stakers → RWA — physical products + distributions planned for 2027 Right now the GTD Race is running until Sept 22, with 500 mint spots up for grabs. One thing worth noting: it’s not a free mint. The mint price and chain are still TBA. Now it’s just about seeing how @Rosaaa and the team build from here 👀 #WEAREHAZELS

Morning CT @0xhazels is more than just an NFT collection imo. Drops gives stakers access to free mints from projects on their launchpad. Pulse brings creator campaigns into the mix. Then there’s the RWA side with distributions tied to real-world businesses. Pretty interesting setup for an NFT tbh. curious to see how @Rosaaa plays this out 👀

Late morning CT, as I said yesterday: We are @0xhazels

I just joined the @0xhazels as a creator Let me know if you joined before #WEAREHAZELS

gm gm I’ve been seeing a lot of attention around @RareFriendsNFT, backed by @poopie, co-founder of @doodles. What’s interesting is that this isn’t actually a fresh account. The same account was previously used for Project02, another project by the same founder that ended up being called a rug by many in the community. Project02 reportedly raised around 230 ETH from the public presale, with additional funds coming from the Solana presale. And the timeline makes this even more interesting: we’re talking about roughly one year between the two projects. Instead of starting from scratch, the old account was simply renamed to @RareFriendsNFT, while the previous Project02 posts were deleted. Maybe there’s more to the story.

🚨 PSA: I looked into the $MECHANICA token checker and this is not what a real allocation checker should look like. There’s no obvious on-chain eligibility check. At this point, it looks less like an allocation checker and more like a mechanism built to farm users for engagement, interactions and visibility. Follow, post, repost, bring more eyes to the project — all while making users think they’re unlocking an allocation. Robinhood is probably one of the easiest places to catch a hype wave right now. With all the attention around it, even scam projects might give users some profit But they’re not here to stay. Some projects come for the hype, farm the users, take the money and disappear.

Have you ever watched a move start at 3 am and realize the venue you wanted to use is closed? That’s the whole argument for 24/7. Crypto doesn’t run on New York hours. Liquidations don’t wait for Monday. And the best fills don’t always arrive during “market hours.” Reya being open 24/7/365 isn’t a slogan. It’s just matching how this market actually works. @reya_xyz

A lot of traders wait for the next move with capital just sitting there. That’s the expensive part. Not the fee. The idle days. Reya’s trailing 7-day APY is 22%. So the account can keep working while you wait for a setup. Then you trade when the setup is actually there. Green candles are nice. Unproductive capital is not. @reya_xyz

While most attention sits on price action, Reya has been quietly rewriting its core trading architecture. The move from AMM to orderbook is already underway — market by market, with open positions settling cleanly and no disruption to the rest of the platform. At the same time, the sequencer was upgraded for significantly higher throughput, and the team is bringing in senior Rust talent specifically for low-latency execution. These are the kinds of changes that rarely make noise in the moment, yet determine how a venue behaves when volume and volatility return. The fee reduction was the visible part. The infrastructure work is the part that lasts. @reya_xyz

Most people only check the fee percentage when they choose a DEX. But the real cost of every trade is: Fee + Spread Reya just dropped taker fees to as low as 2 bps. Here’s why this actually matters: Those taker fees will be used to pay maker rebates once the orderbook goes live. More makers → deeper liquidity → tighter spreads. Result? Your all-in cost goes down, not just the headline fee. This is one of the smarter fee models we’ve seen lately. They’re not just making fees look low — they’re designing the whole system so trading becomes genuinely cheaper. @reya_xyz app.reya.xyz/trade?referredB…

See you there @commonsmade