Decentralized Capital Markets Research & Articles: www.shoal.gg Twitter: https://twitter.com/Shoalresearch TG link: https://t.me/shoalresearch Website: Shoalresearch.xyz
Inflation Concerns Rise as Oil Nears $74/barrel, Up $20/barrel Since April Low
Source: https://x.com/kobeissiletter/status/1933334796106940541?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Israeli Senior Officials: Israel is preparing for “days of battle”
"Senior officials tell Channel 13 that Israel is preparing for “days of battle” with Iran, following tonight’s series of preemptive strikes against Tehran."
source: https://x.com/sentdefender/status/1933318523469931001
Shopify Partners with Coinbase to Integrate USDC on Base in Checkout for all Shopify Stores.
Source: https://x.com/base/status/1933236681836282171
Coinbase Introduces ‘One Card’, Offering Up to 4% Bitcoin Back on Every Purchase (Fall 2025)
> Powered by American Express
Source: https://x.com/coinbase/status/1933237429193806033
Yieldbasis: Eliminating Impermanent Loss Through Leveraged Liquidity (Coming Soon)
> Yieldbasis is a new protocol by Curve founder Egorov designed to eliminate impermanent loss.
> This paper propose a method to eliminate IL and provide automatically managed concentrated liquidity in a special automatic market-maker which is a combination of Curve cryptoswap AMM and a special releverage AMM. 👇
https://github.com/yield-basis/yb-paper/blob/master/leveraged-liquidity-paper.pdf
Source: https://x.com/yieldbasis/status/1933181270105952617
Decentralised Co: Asset Wrapped Equities
Exploring how corporate treasuries are adding crypto to their balance sheet and generating a premium on their real value
> It breaks down how Strategy is buying bitcoin to grow shareholder value, how other companies are following, & the future of crypto-wrapped equities.
Source: https://www.decentralised.co/p/asset-wrapped-equities
Nillion Introduces “Enterprise Cluster” to Bring Verifiable Trust to Blind Compute
In partnership with four major global enterprises, who will run nodes on Nillion’s PetNet:
> STC Bahrain
> Cloudician by Alibaba Cloud
> Pairpoint by Vodafone
> Deutsche Telekom👇
Source: https://x.com/nillionnetwork/status/1933132213132066899
0xJeff: StableAI — Where Stablecoin and AI Converges
> This article explore some of the stablecoin innovations happening in AI, aiming to address challenges that service providers & users are experiencing in Web3 AI.
It highlights emerging projects addressing these challenges, including:
> Maitrix (AI Stablecoin Layer)
> Gaib (The First Economic Layer for AI & Compute)
> USDAI (Yield-bearing synthetic stables backed by RWA), and more
Source: https://x.com/Defi0xJeff/status/1933081769391341925
Plasma’s $2B Hype: Narrative Over Traction?
Source: https://x.com/karl_0x/status/1932886739518918751
Plasma Increases Deposit Cap by $500M to Bring Total Cap to $1 Billion
Starting at 9pm ET / 9am HKT
Source: https://x.com/PlasmaFDN/status/1932950808301089019
Bedlam Research: The Design Space for Builder-Deployed Perps
Discussing the HIP-3 Builder-Deployed Perps on Hyperliquid
> HIP-3 introduces permissionless, builder-deployed perpetual markets on Hyperliquid’s Layer-1.
> It is commoditizing the ability to make new markets on Hyperliquid.
> This article explores different axes that form the crux of HIP-3, which include stake accumulation for deployments, market design, and fee distribution👇
Source: https://www.bedlamresear.ch/posts/builder-deployed-perps/
Pudgy Penguins Partners with NASCAR to Bring Pengu Closer to Race Fans Worldwide.
Source: https://x.com/pudgypenguins/status/1932840913631359070
Coinbase will Add support for $FARTCOIN
> Trading begins on or after 9AM PT, 12 June, 2025
Source: https://x.com/CoinbaseAssets/status/1932838179486200111
Pine Analytics: Alpenglow - Fast Finality, Fairer Economics
> Alpenglow is a major upcoming Solana upgrade transforming it from a system reliant on optimistic assumptions to one with provable, cryptographic finality in milliseconds.
> This article provides an overview of Alpenglow and explores how this shift impacts the Solana ecosystem stakeholders👇
Source: https://pineanalytics.substack.com/p/alpenglow-fast-finality-fairer-economics?triedRedirect=true
Initial retaliation by Iran against Israel is expected in the next two hours
"N12 reports that an initial retaliation by Iran against Israel is expected in the next two hours, with preparations underway to defend against such an attack."
Source: https://x.com/sentdefender/status/1933362253556006967?s=46&t=txFAbiSPTdLLDlAYj9X_AA
Israeli Air Force strikes the Iranian capital Tehran
"Smoke seen rising from several sites across the Iranian capital of Tehran, following strikes by the Israeli Air Force."
source: https://x.com/sentdefender/status/1933315401133248515
Coinbase to Launch Perpetual Futures in US
Source: https://x.com/tier10k/status/1933238313567080716
Major Internet Outage Hits Spotify, Google, Discord, Twitch, and More
Source: https://x.com/DeItaone/status/1933236088786600163
🚨There Appears to be a Massive Outage Going On, Cloudflare Also Having Some Sort of Issue.
https://www.cloudflarestatus.com/
Source: https://x.com/DarkWebInformer/status/1933228066626494492
Protocols Leveraging Hyperliquid’s Programmable Finance Primitives
> Builder codes
- PVP TRADE: monetizes through its Telegram bot interfac
- Axiom: captures value via its trading terminal
> HIP3 Auction Mechanism
- Ethena Labs: USDe trading pairs
- Unit: leveraged equity products
> Hypercore/HyperEVM Composability
- HyperLend: Allow users to borrow and lend against leveraged Hypercore positions.
- Felix: Facilitates CDP stablecoin borrowing against Hypercore positions
- Liminal: Demonstrates EVM/Hypercore interaction by automating delta-neutral farming.
Source: https://x.com/blockworksres/status/1933177534176448845
Native USDC is Now Available on the XRP Ledger
> Accessible to developers, institutions, and users
Source: https://www.circle.com/blog/now-available-usdc-on-the-xrpl
June 11th Rollup
🐚 Research and Ideation 💡
- Messari: State of Helium Q1 2025
- Pine Analytics: Alpenglow - Fast Finality, Fairer Economics
- a16z: AI x Crypto Crossovers
- Bedlam Research: The Design Space for Builder-Deployed Perps
- IPO Media: Token2049 Side Event Recap & Street Interviews
🐚 Project Updates 🔔
- Stripe to Acquire Crypto Wallet Provider Privy
- Kamino Lend V2: Scaling Solana Credit
- Coinbase Adds support for $FARTCOIN
- BinanceUS Opens Deposits for $ENA and $LAYER
- Pudgy Penguins Partners with NASCAR
- Plasma Increases Deposit Cap to $1 Billion
🐚 Raises 💰
SOON Secures $5m Strategic Investment From Jump Crypto, Amber Group
Plasma’s $1B Deposit Cap Filled Within ~30 Mins
Source: https://x.com/PlasmaFDN/status/1932981912601055547
IPO Media: Is Dubai the New Crypto Haven? Token2049 Side Event Recap & Street Interviews
www.youtube.com/watch?v=vGB6lyOHehc&t=241s
100+ Coinbase Alumni Building Crypto’s Future
Source: https://x.com/cbventures/status/1932902979491025028
a16z: AI x Crypto Crossovers
Who will control AI in the future — big, centralized companies, or communities of users?
This article explores how blockchains can counterbalance many of the centralizing forces in AI
It outlines 11 crypto x AI use cases to build a more open and equitable digital future:
> Persistent data and context in AI interactions
> Universal identity for agents
> Forwards-compatible proof of personhood
> Decentralized Physical Infrastructure (DePIN) for AI
> Keeping AI/vibe-coded apps in sync
> Micropayments that support revenue sharing
> Blockchains as a registry for intellectual property and provenance
> Webcrawlers that help compensate content creators
> Privacy-preserving ads that are tailored, not creepy
> AI companions, owned and controlled by humans
> Infrastructure and guardrails for interactions between AI agents, end-service providers, and users
Source: https://a16zcrypto.com/posts/article/ai-crypto-crossovers/
BinanceUS Opens Deposits for $ENA and $LAYER
> Trading on ENA/USDT & LAYER/USDT pairs will begin on 6/12 at 7 a.m. EDT.
Source: https://x.com/BinanceUS/status/1932785061520200055
Coinbase will Add Support for PancakeSwap ($CAKE) on the Ethereum Network
Source: https://x.com/CoinbaseAssets/status/1932835618842689955
Stripe to Acquire Crypto Wallet Provider Privy
Source: https://privy.io/blog/announcing-our-acquisition-by-stripe