A new episode of Hivemind is live! This week the team is joined by Ethena founder @gdog97_ to explore the next phase of onchain finance and why RWA perps could overtake crypto perps. Timestamps: 00:00 Intro & Market Outlook 10:25 Introducing Ethena Founder Guy Young 12:55 Crypto's $150 Trillion Opportunity 23:55 DeFi Yields, Exchanges & the Perps Race 43:00 Pump & the Memecoin Economy 55:30 Onchain Options 59:05 Token Unlocks & Lessons From Building Ethena 1:09:30 What's Next for Stablecoins?

Yan on why the tokenization wave took off faster than expected. "I don't think most people were bullish on Clarity passing just because of how polarized the government is... I was pleasantly surprised with how quickly afterwards, though, you had friendly SEC guidance that came out and kind of allowed that wave to continue."

tokenized stocks fundamentally change defi in many ways - assets are no longer self-referential - lower vol - systemic risks to defi protocols lower - structured product more viable - onchain capital stickier - opportunity for passive wealth generating apps

Will AGI wind up being bearish $BTC? Currency debasement + massive deficits have been the big secular tailwind at crypto's back for years. AI promises a light at the end of that tunnel. The shift doesn't happen overnight, but it raises a lot of questions...

Jason explains why winning the AI race may not mean owning it. "If they do create models that can make good decisions and replace people, I just don't see it being a technology that just stays in a private company's hands."

A new episode of Hivemind is out now! In this special in-person episode, the team discusses crypto’s move from experimentation to adoption, the rise of tokenization, and why onchain options could be the next major opportunity. Timestamps: 00:00 Intro & Market Surprises 06:00 Tokenization, Zcash & Crypto’s Winners 20:51 Onchain Options: The Next Big Opportunity? 32:52 Is Crypto Still the Frontier? 46:40 AI Labs, Infrastructure & Bubble Risks 1:08:00 What We’re Avoiding 1:20:34 Biggest Risks & What Comes Next

the day i stop being a patriot is the day america puts rotting flesh on cigarette packs

battle of the gas tokens continues

solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx about to do that thing PONS did a couple weeks ago

The Hivemind explains why fixing America’s finances could be bearish for crypto. “The U.S. getting its house in order is kind of the bear case for crypto. But that’s never going to happen.”

Not all tokenized stocks are created equal. Different tokens can track the same public company without giving investors the same legal claim. Tesla alone has five tokenized versions, spanning registered securities, structured notes, debt certificates, and trust interests. All are designed to follow the same stock, but they connect investors to it in different ways. Wrappers account for roughly 84% of tokenized-stock value. In most wrapper structures, investors hold a contractual claim linked to the underlying stock rather than becoming direct shareholders. The key difference is what each token represents. Some give investors direct ownership of the underlying share. Others provide economic exposure without direct ownership. The structure determines whether the token can be redeemed for shares or cash and whether holders receive voting or dividend rights. The same market exposure does not always mean the same ownership.

tell em about zcash at thanksgiving

This is it The last dance One final chance to make it and ride off into the sunset

something more satisfying about collecting graded video games than graded cards hyperliquid

Zcash: $1,450 unencrypted Zcash: $76,500

they're buying nfts with shielded private money

yeah man let me short this lolololol

if you're considering buying $ZEC here, you should wait until .1BTC for confirmation

pull rates on 30th so silly i love it