That's a wrap on Meme Madness Head over to cade.market to see the final stats and generate your personalized Meme Madness wrapped This has been a phenomenal test for our infrastructure, and brings us one step closer to mainnet What's next? The NFL. See you soon.

The scale of Meme Madness is surpassing our wildest expectations. Today's tournament day is just about half way done. In the last 12 hours our backend has processed nearly 54 million API requests. Quite the feat for an engineering team of 4.

crypto companies keep confusing product-market fit with permission to build everything winning one market doesn’t mean you’re entitled to the next five Kalshi’s expansion into perps raises a bigger question: does a company with distribution need to own all the trading infrastructure underneath it? Hyperliquid’s builder model offers a completely different approach build the customer experience, route trades into existing infrastructure, and earn fees without recreating the exchange, without owning the distribution, for @Pumpfun I’d ask a similar question: could partnering with FOMO create more value than trying to own every part of the trading experience? meanwhile, @LaunchOnSF on Solana and @ponsdotfamily on Robinhood Chain each overtook @Pumpfun in daily protocol revenue in early September that doesn’t mean they’ve won permanently it means the market is still contestable The mistake is assuming your advantage automatically transfers to the next product, the next audience, or the next chain. every adjacent product carries an opportunity cost while you try to become everything, a specialist only has to become better at the thing your users actually care about the goal shouldn’t be to become Apple or Google on a crypto timeline. it should be to earn the right to expand. my bet is on companies that specialize at the core and partner at the edges. build what makes you different integrate what doesn’t Expand when it strengthens your advantage, not just because another company is collecting fees become REALLY good at one thing then do it OVER and OVER again you don’t need to own everything to become indispensable you just need to do ONE THING better than everyone else

In the first 8 hours of today's tournament day we've already doubled the user count from the entirety of day 1 Every day has been an all time high in terms of active users, returning users, and predictions placed The team is working nearly 24/7 to continue to ship improvements

Huge uptick in users in the last 24 hours. Markets are correctly resolving immediately, but results are slower to display to end users. We're working on a hot fix that will be out shortly.