Uber bypassed TradFi's Friday cutoff to farm the weekend with the power of tokenization
Need cash Sunday? Normally TradFi sells on Friday. But Uber just tapped tokenized money-markets to earn an extra 1.5 days of interest. Insane tbh. Idle corporate cash is smartening up
Wall Street went DeFi shopping this week
Monday: S&P bought OpenZeppelin
Wednesday: S&P's vault risk assessments onchain
Thursday: NYSE / ICE bought into TradeXYZ and pushing into US perps with Hyperliquid
They're coming for your infra before they come for your bags.
NBA made BOTH @Polymarket and @Kalshi preferred exchanges in the last 24 hrs. Official NBA data will help settle contracts, and the NBA gets a say in which markets will be created
NBA:
- hosts the games
- license the scores
- and now controls the predictoor listings
We've barely figured out how to run DAOs, and now Delaware is considering letting AI agents run full on corporations
Real world contracts, legal decisions and asset management, all controlled by agents
"Corporations are people" is about to get a philosophical twist.
Uniswap just rambo'd into the competitive aggregator wars! v4 router now taps Curve, Fluid, PancakeSwap, & more DEXs when you're looking to swap
tl;dr: Uniswap now searches most of DeFi instead of just its own liquidity, aggregatoooring, and collects new fees on these swaps too
DeFi stat of the day: HyperEVM only made $12k in gas yesterday, while Core brought in ~$2.4M revenue
The killer rev products aren't just leaders in their lanes, but vertically integrating their orderflow
Compare across L1s, should L1s try to build more DeFi products directly?
Pretty cool breakthrough just hit with x401 + x402 combo. Agents finally have a more realistic path to spend in the physical world without heavy KYC!!!
For any merchant or store, an agent customer can easily show who sent it at checkout, prove the order's legit, and pay in USDC
This is wild, what Bank of America doesn't want you to know: they let Mythos audit all their software, and it found so many holes that BoA's hiring 1,000 fresh devs to work on 'Mythos remediation'.
Agents making human jobs :P
Earnings & AgentFi:
JPM this morning: 'now blocking all outside agents with shared credentials, and building their own internal agent army'.
90 mins later, Wells Fargo: Deposit flight? Agent worries? "a long ways away" 😉
It's a busy szn for banks to get their story straight
Yesterday Google gave agents company emails and temp worker status. Today Anthropic demo'd that agents using creative URL shortcuts can easily bypass basically all tool limits and security blockers.
Agent coworkers going to be one heck of an October
x402's first wave got a lot of help from human minting. We're now entering the 2nd cycle of AgentFi, and x402 is finally getting tapped by agents, for agents
This month's highest paid resource is a $0.02 token security check with 63k+ calls. The A2A economy is finally bustling.
AgentFi stealth adoption arc?
Muse hit 6M+ users, is wired straight into personal accounts, and giants like Citi are saying its going to kill lazy banking
Near $4T in US savings is migrating to 4%/year products aided by new AgentFi. Banks free yield farming is about to be over
the US Treasury 5, 10, and 20 year rates are all over 5% with the 20 at multi decade highs, and BTC is still above $80k. Is this boom or doom?
Our internal modeling says there's 4 months left to invest during the doldrums between full cycles 👀
+$2B into BTC ETFs and somehow this morning is still red. Pseudo ceasefires, oil under the magnifying glass, US treasury yields flying, and you're trying to figure out why BTC is red.
This is the rabbit hole
We've been posting a lot about HL lately, and in a few days you're going to find out why
Every trade is a rabbit hole, and the nuances build the deeper you delve. Time to shine a light
Hyperliquid
Nasdaq's seriously getting jealous of tokenized stocks exploding without them. xStocks has already done $40B+ volume and RWAs are still in infancy. Now Nasdaq's dropping $100M into Kraken's infra.
First they ignore you. Then they ridicule you. Then they build monuments to you
TradFi bums take Labor Day off. HYPE never clocks out.
The Hyperliquid '$847M unlock' social spam is a dud - $36M in reality, and HYPE's on a fresh ATH
Sell pressure headlines never seem to turn out the way the Hyperliquid haters seethe for
We posted yesterday re; the accidental hack on Hugging Face
Well funny timing, today we're all finding out Nvidia's paying $12.9303B for it. In unicode that's a green 🤗 emoji
The agents that hacked Hugging a week ago also just upgraded to GPT-6 Astra. It's a bot on bot world.