merp

nest just passed a quarter million dollars in revenues with a little more than 2 days left in epoch 49. I'm sharing a collection of charts that demonstrate the team's, community's, and ecosystem partner's dedication to making @NestExchange the go to place to provide liquidity and trade on HyperEVM. Market share of volume is approaching 30% Volume is approaching $4b Revenues are over $4m and obviously go to veNEST tokenholders TVL, nest's lifeblood, continues to climb The market and the world feels uneasy, but we can only worry about what's in our control. And that's building the best product suite possible. Working with the nest family, @Satsyxbt @_Telaga_ @HYPEconomist @0xMerp @OnePumpMan101 gives me a ton of energy and inspiration to win and build positive sum experiences for all of our stakeholders. Onwards, to the end of epoch 49, Elysium, and beyond.

Today was a microcosm of the last decade in crypto. Elation and the feelings of making it to prime time followed by the biggest theft in history. Hard not to feel the existential dread, focus on the negative, and we are all collectively feeling the stress and anxiety. Few thoughts tonight - SMFH - every security org needs to coordinate and prioritize chasing down the Binance hack. Finding the root causes are no longer good enough because we need investors to feel confident their funds will remain protected AND recoverable. Insurance also has to expand to centralized exchanges. - the irony of every talking head discussing how crypto is more prepared than other industries for AI exploits is not lost on me. We can’t be complacent because we have lost a lot and deal with hackers on a daily basis. - can we develop some kind of security standards, from an independent body, for CEXs if they are moving 10 figures of customer funds? The Finance and Software industries both have this. Crypto needs it specifically for cryptographic transactions. Eg biometrics, verified recipients, easy and unfalsifiable multisig. I feel like the UX has come a long way and I am loving the advancements in usability of products, composability, new tokenized offerings, etc and I still believe it’s a net benefit to society and levels up finance. However, there’s things that keep me up at night around security that have to be addressed and fixed before we really cross the chasm. And what I mean by that is true self custody, control over financial decisions, basically zero middleman fees, and access to anyone on the planet. We have been in this situation before, and I feel extremely fortunate to keep building in this wild industry. Hope y’all are ok, always reachable if you wanna talk, vent, or share ideas.