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