*surprised Pikachu* It's rotation season in crypto right now, fundamentals are starting to matter again, tokens are pumping based on their own uncorrelated bull cases. No more varying shades of $BTC or $ETH beta. These type of pear trades are a great way to capture one tokens idiosyncratic catalysts while not being fully exposed to the broader market. Couldn't really ask for a more bullish backdrop specifically for $AERO here. Massive chain expansion into massive TAM expansion into huge tokenomic upgrade, all with a lot of sideliners. This is just the test pump on the hint that @aeroxyz will be competing across every chain for the gargantuan pie that is tokenization. I've long thought that the massive improvements in the upcoming Aero upgrade are so multi-faceted and complex that the market would not appropriately price them in until after the update had been live for a few days-weeks. $AERO bulls are starting to trickle in for the news, but they'll stay for when the flywheel really gets flywheeling. MetaDEX tokens, like $AERO, are some of the most reflexive assets in crypto; nothing runs harder when fundamentals align.

This guy is an ex Goldman tech banker So much higher. base:0x940181a94a35a4569e4529a3cdfb74e38fd98631

Crypto spot volumes look to be at, or near, a cyclical low so we think its an opportune time to research quality DEX tokens. This is a summary of our latest research piece on Aerodrome sent to LPs earlier this month. Note DACM funds own AERO.

Today, I noticed @DeriveXYZ launched a few new markets in beta, including one I've badly wanted for ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2. So I immediately entered an RFQ order for 7500 LIT call spreads $6/$10 Oct 30th but MMs weren't quoting this early... Thankfully, I get by with a little help from my friends! I message @koolkrypto223 who has more than enough LIT and regularly fills RFQ orders on Derive. Using the RFQ Maker on @DeriveXYZ, he fills my order for 7500 ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 call spreads $6/$10 for Oct 30. Pretty cool seeing Derive in action! 😎

A token that represents onchain perps: $HYPE A token that represents onchain spot: base:0x940181a94a35a4569e4529a3cdfb74e38fd98631 Not a slice of, a platform take of, but all of it. Every CME needs its NYSE or NASDAQ. 🛫

500 Million All-Time Voter Rewards ✈️ 3 years of voting, coordinating liquidity, and earning on Aerodrome. And the best is yet to come 🛫

Thank you to everyone who gave Derive a go this week, and to everyone who keeps coming back. We've been at this for 5+ years, and seeing more of you give us a chance motivates us to keep pushing.

$AERO will remain cheap below $6.

As right as I was on $DRV, I was very wrong on being long base:0x940181a94a35a4569e4529a3cdfb74e38fd98631 vs a much smaller $UNI short these last 1-2 months. Just didn't adjust fast enough to how much RH Chain rerated $UNI. However, I think now is the time to double (or more) down on that trade. Chart courtesy of @pear_protocol, AERO/UNI looks extremely bottomed out here on a very long time horizon. $UNI bullish catalysts are fully priced in, maybe even exceedingly so. $UNI has been traded as pure RH Chain beta, memecoin launchpad exposure, and now as tokenized equity exposure. Any invalidation on any those themes and the floor falls out for $UNI. base:0x940181a94a35a4569e4529a3cdfb74e38fd98631 on the other hand has barely caught any bid with the same tokenized equity tailwind, and the very soon to be $ETH mainnet deployment (maybe more chains? 👀). base:0x940181a94a35a4569e4529a3cdfb74e38fd98631 doesn't need to beat $UNI on mainnet or other chains to rerate dramatically, even just 20-30% of ETH spot volume moving to @aeroxyz would justify a pretty huge surge on the pair considering base:0x940181a94a35a4569e4529a3cdfb74e38fd98631 is trading at 15% of the valuation. The reason I prefer this as a pair trade (or pear trade since I used @pear_protocol) is that there's a very good chance they both move in the same direction from here, I just think base:0x940181a94a35a4569e4529a3cdfb74e38fd98631 has way less bullishness to unwind if we local top, and WAY more upside if their @coinbase tokenized equities or ETH mainnet deployment surprise to the upside.

135K AERO Buyback ✈️ The Aerodrome PGF has acquired and max-locked 135K $AERO as part of its market-aware buybacks. The buyback model employs a rules-based approach, scaling deployment based on market conditions and concentrating resources when it matters most.

$DRV ?