Crypto Jake

Listen, I know we're all panicking about the hack, but there are a ton of other important things happening in crypto right now too $AERO just posted its first week on 7 chains: 1. DEX volume: #2 in the world 2. Tokenized stocks: #1 exchange 3. New chains: revenue tripled 4. Supply: first burn done 5. Price: down 23% (hack pushed the whole market down) Four of five are going the right way. Naturally, the fifth is the one everyone cares about Alex Cutler @wagmiAlexander, CEO of Dromos Labs, the team behind @aeroxyz, has been posting the numbers all week Biggest update first: Aero is now the #2 DEX in the world by 24-hour volume. $826M on Thursday, second only to Uniswap ($2.2B) and just ahead of PancakeSwap ($812M) By chain, it's #1 on Base, Optimism and Ink Ethereum. Saturday night, Alex had Aero at 2.6% of Ethereum volume. By Wednesday morning he was posting it as the #3 venue on mainnet: $59M in 24 hours, a 6.1% share, behind only Uniswap and Fluid Uniswap still does 70% of it. I hold $UNI too, but what AERO is doing is important too Stocks. When Alex came on @MilkRoadDaily in August, the first four stock tokens had been live on Aerodrome for a week. His words: "in one week, we carved out about 25% of the total market" Since the Aero launch, the team says it's the #1 exchange for tokenized equities, across every stock and every chain. This matters. A lot. It will matter more as more assets are tokenized. New chains. In that same Saturday post, Alex said Aero had flipped 50% of the volume on Arc and taken 11.6% of Robinhood Chain and 3.1% of Arbitrum. "This was supposed to just be the migration week" The revenue is small so far, but here's what I've seen. Robinhood Chain is at $92K lifetime, up from $29K last weekend. Ethereum mainnet is at $81K, up from $25K Base is at $511.6M, so these are still small. They also more than tripled in about five days Supply. On Wednesday the Momentum Fund ran the first buyback of the Aero era and burned 174K AERO. That's about $120K worth, and Alex's take was "Just the start." Clearly, since they just started. 48.5% of all AERO is staked, locked for 3.9 years on average, and 100% of exchange revenue goes to those stakers Price. AERO is down ~23% on the week. If you hold it on @coinbase, AERO and VELO sends and receives pause Nov 2-4 for the migration One week in, it's #2 on Robinhood Chain and Arbitrum. Which one do you think it takes over first? I'm monitoring this situation. Closely. Full disclosure: I own $AERO in my Milk Road PRO portfolio, where it's up 46.9%. $UNI (+44.9%) and $SKY (+38.9%) are in there with it Try Milk Road PRO for $1 for 7 days, link in the replies