Plasma ($XPL)

As it currently stands, everyone and his grandma invested in this.

You know what happens next?
1. Lots of hackers gonna be lurking around
2. It opens on a high MC, so technically it have fulfilled the ATH and grinds down as everyone and his grandma books profit
3. It goes higher during a short period, then that's about it.

I hope I'm wrong, for the sake of everyone who jumped into 112b tvl opening

Expanding a bit the yzi x bsc research list:

- aevo (big sus tvl up last month, perp dex bonus points)
- treehouse (bsc, staking)
- lista (not a fan of lending tokens, but big deposits this summer and clear bsc poster child)
- hemi (beautiful)
- velvet (bsc, deFAI, not a fan of deFAI stuff but oke)
- huma (bsc - although they removed liquidity there? - payments)
- stakestone (bsc, staking)

(i'm not in all of them)

while hemi is the one that looks overall the best, huma is another very interesting one, maybe the only one that could still be interesting given Plasma upcoming.

If staking becomes a thing again maybe related to etfs etc, treehouse, stakestone could be also interesting.

Ape all the XPL yall want im buying the temu version

Chigga mode

Very profitable morning already

people are pre-rotating into $XPL

trillions

Wownalysis

Weekend action:

> Low risk defi by @VitalikButerin
> Backed by @yzilabs
> Launching on @PlasmaFDN next week

Just @ @USDai_Official next time

Cap raise Tuesday!

嘿嘿，1.7了，价格越涨我倒是越淡定。我空投拿到手的Aster，是不可能留到现在的。
恭喜大家，我就等等XPL到2U吧。

说下XPL
昨晚应该是被车头喊起来了

逻辑来讲的话就是STBL都涨这么多。
但是STBL真实筹码只有1.5%
加池子我没看，但是这种项目大概率狗庄捆绑，
alpha在接一部分。
真实筹码开盘0.2算，300万刀，狗庄接走大部分。
小盘子，拉几十倍很正常。
拿这去对标XPL我觉得有些离谱。

STBL狗庄只需要花几百万控盘，难道XPL狗庄花几亿控盘？

所以他们为什么急着喊单呢，我觉着是打算出货了。
因为25号就要TGE了，在不出货就等着公募砸了。
正常看好一个项目肯定是等公募的砸完低价接了在喊。
为什么这个节点去喊你上车？为什么不等砸完在接了在喊？

从筹码来讲，10%的公募，1%的币安挖矿，还有2%的新合作。
HOLD+ALPHA不清楚有没有。有的话只会更多。
只计算11%，也需要先花至少7亿来接盘。
大户玩理财的没几个玩二级的，你指望他们不卖，怕是不太可能。

就算这个项目在有人看好，最多也是砸不下去，而不是不砸。
反正我的空单是拿着了，包括禁言群做空上次也是0.82喊的做空 0.6平
后面我自己0.64又加回来了。

盘前流动性太差，25号我会加仓空。
我觉着开盘就算砸不下去 也不存在没位置止损的情况。
WLFI 总统概念 自己发行稳定币都起不来，
USDT投资的链就能撑起大盘子吗 存疑
XPL创始人可是连USDT的工作履历都没有

gm tweet

Seems it's time to write down something as the number of trade ideas is balooning post CZ "return" and end of next week will be all about Plasma

1) Yzi x Perp Tokens: $AEVO?
As unlikely as a long this could seem:
- it's a yzi token
- it's a perp dex
- its TVL exploded past ATH in August (single $100m deposit?)
- chart has flattened since april basically
Me likey, still think the Aster narrative has one more week at least in its legs, maybe gets killed by XPL TGE rotation.

2) Yzi x Binance: $HEMI
Once again, new clean token, very small circulating which is mainly on BSC and chart has been up only since TGE (less than a month ago, 3xed)
BNB pushed well past 1000$ and the attention is kinda around all things cz/yzi/binance related (although a lot of it is specifically on perp dexs after myx and aster did what they did, even though for now that seems partially unjustified).

3) Bringing moos to Solana: $COW
Title is self-explicative for this one, i'm wondering if Cowswap going live on Solana can mean they can steal a chunk of volume from the aggregators over there (btw if you're a backend engineer, they still have a role open).

4) Stablecoins (x Yzi): $USUAL?
What stablecoins dedicated week would it be without thinking about some stablecoins idea?
Although personally I think that XPL will be an extreme liquidity sink (but a lot of Sonar buyers will also free up some liquidity probably), it's worth entertaining the idea of some other stablecoin tokens that could get some bid.
STBL seems to be getting the crown for the week, but given that it's launching at already more than 50% XPL, idc. Was looking for any specific reason why to prefer one token above the other, and noticed that USUAL is a yzi token (lmao).
Now idk about this one, token is still sliding all the way down, has terrible PR + public trust issues.
Still an idea.
Am obviously terribly exposed to XPL (largest single alt exposure) and will keep being for the forseeable time (although i do plan to tp a bit on Thursday).

5) $VELODROME catchup?
Very out of sync thought in terms of what's currently hot in the market, so could be not only wrong but also too early. However, generally Velodrome has always followed Aerodrome more or less, but since the beginning of the summer they've diverged sensibly.
Time for a catchup like Q4 last year?

6) Solana Utility
This never worked, so i'm quite skeptical that it will, the Chain's DNA is just different, liquidity has never gone to either DeFi or utility before in a meaningful amount or for a meaningful amount of time and even in the rare occasions it has, if you zoom out, any sol token is basically down only against sol.
That said, as i mentioned before HNT's pivot on buybacks is interesting, I still didn't have the time to verify their revenues but i'll do this week.
It has very little hype or attention though.
Then we also have the robotics stuff (like CODEC) and the RWA/energy stuff (like HABITAT), of both of which i own a bag.

A small tradfi note: i've rebalanced bw my DN3 and MSTR shorts (mNAV: 1.35 vs 1.60).

A final comment on perp dexs: as everybody chases "the next hyperliquid" three things are probably going to happen:
- pre-TGE prices up (can already see it with Lighter, although you could argue prices are still quite reasonable? Idk)
- Farming gets much harder = rather than splitting between 10 perp dexs, probably better to pick 2-3 to play your cards, trade organically, do delta neutral stuff, get liquidated.
- A lot of other airdrops will become easier to farm, but only if they require some type of sacrifice/action. The "deposit 2 airdrop" type of things will always be crowded in proportion, although people will try to push mainly for perp dexs after what's going on (and legitimately so, perp dexs airdrops have been the most rewarding probably in proportion, even though d1 my zksync airdrop was still way more than hype or anything else).

gm and good Plasma Week to everybody