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Decentralized Capital Markets Research & Articles: www.shoal.gg Twitter: https://twitter.com/Shoalresearch TG link: https://t.me/shoalresearch Website: Shoalresearch.xyz
deBridge $DBR Token will be Going Live on 17th October
launching on Jupiter's LFG Launchpad
Source: https://x.com/deBridgeFdn/status/1837416027271188597
Drift Protocol Announces $25M Series B Round Led by Multicoin Capital
Bringing their total funding up to $52.5M to date
Source: https://x.com/cindyleowtt/status/1837149571732123942?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Coinbase Announces they will be Bringing cbBTC to Solana
Solana Breakpoint 2024
Source: https://x.com/solana/status/1837338949955768613?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Semaphore Releases ‘Semaphore V4’
Semaphore is a zero-knowledge protocol that allows you to cast a message as a provable group member without revealing your identity.
> V4 introduces new features and optimizations that help make building on Semaphore more seamless, cost-effective, and efficient!
Source: https://x.com/semaphoredevs/status/1836427240784920722?s=52&t=txFAbiSPTdLLDlAYj9X_AA
September 19th~ Rollup
🐚 Research and Ideation 💡
- ZachXBT: How Greavys, Wiz, and Box stole $243M from a Single Person Last Month
- defi_monk | Messari: A Valuation of Aerodrome
- Castle Research: The Evolution of Prediction Markets
- Alana Levin: What Credit Card Networks Can Teach Us About Stablecoin Opportunities
- ASXN: Hyperliquid: The Hyperoptimized Order Book L1
- Maven11: Order Flow in Relation to MEV, and the Rise of Great ASS
- kel xyz: Blink And You Might Miss It: SOL's Blinks-Driven Consumer Supercycle
🐚 News 📕
- Judge Dismisses Consensys Lawsuit Against SEC over MetaMask and Ethereum Claims
🐚 Project Updates 🔔
- Banana: Update On Bot Situation
- eOracle: Ushering in the Era of a Truly Decentralized Oracle
- Solana Mobile Introduces Chapter 2: 'The Solana Seeker’
- BingX Hot Wallet Hacked
- Jupiter Acquires SolanaFM
- Jupiter Acquires Coinhall
- Frankendancer Now Live on Solana Mainnet
- Firedancer Live on Testnet
kel xyz: Blink And You Might Miss It: SOL's Blinks-Driven Consumer Supercycle
This article argues that Blinks could be the key to making Solana apps mainstream by seamlessly integrating cryptonative apps into any application interface
> Early success in gaming, consumer experiences, and advertising showcases the potential of Blinks to drive revenue and engagement across various sectors.👇
Source: https://x.com/kelxyz_/status/1836619104406602162?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Maven11: Order Flow in Relation to MEV, and the Rise of Great ASS
Order flow on blockchains refers to transactions involving swaps, liquidations, and MEV extraction, but typically excludes simple transfers. In block-building auctions, order flow becomes valuable
> This post explains Order flow, types of MEV, Order flow monetisation, private flow and more
Source: https://x.com/0xRainandCoffee/status/1836806596330160402
🚨BingX Hot Wallet Hacked
Only minor losses so far, and under control
> To protect user funds, Bingx is extending recharge & withdrawal times while reinforcing security
Source: https://x.com/bingxofficial/status/1836951737317609534?s=46&t=2q9OLMlaobNlHLewOXT4uA%27
Judge Dismisses Consensys Lawsuit Against SEC over MetaMask and Ethereum Claims
Source: https://x.com/TheBlock__/status/1836878629071946207
Castle Research: The Evolution of Prediction Markets
Exploring the history of prediction market and a closer look at two of the heavyweights in Polymarket and Azuro reshaping the game👇
Source: https://chronicle.castlecapital.vc/p/evolution-of-prediction-markets
defi_monk | Messari: A Valuation of Aerodrome
With Aerodrome winning base with its MetaDEX model, questions arises on its long term sustainability. This post answers this question and also get to the bottom of $AERO's ve(3,3) design.
Source:https://x.com/defi_monk/status/1836463372302455252?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Banana Exploit: Update On Bot Situation
> Today, some users of Banana Gun experienced unauthorized transfers from their wallets.
> Only a very small number of users (fewer than 10) were affected
> Transfers appear to have been executed manually.
> The issue may stem from a front-end vulnerability.
> Bot has been kept offline while investigation on the root cause continues
Source: https://x.com/bananagunbot/status/1836789190953963606?s=52&t=txFAbiSPTdLLDlAYj9X_AA
September 18th~ Rollup
🐚 Research and Ideation 💡
- Intent Market Dashboard
- Benjamin Funk: Bridging Bitcoin
- Chromia’s TOKEN2049 Report
- EigenLayer Research: Intelligent DeFi
- Lookonchain: This is the First Interest Rate Cut by Fed in 4yrs!
- Blackrock: Bitcoin - A Unique Diversifier
- DeepStateValue: $GEOD Outperforming $HNT & $AKT
- Ten Protocol: Ethereum Got it Right
- Symbiotic: Building with Symbiotic - Fast Finality
🐚 News 📕
- FED LOWERS RATES BY 50BPS TO 4.75-5%
🐚 Project Updates 🔔
- TMR.NEWS: Natural Language Prediction Market
- Ethena Domain Compromised
- Fermah: The Universal Proof Generation Layer
- Borderless Capital Announces $100M DePIN Fund III
- Aleo Mainnet is Officially Live
- Automata Network is working with Worldcoin on NVIDIA H100 TEE-Capable GPUs
- Artela’s Renaissance III is Live
🐚 Raises 💰
- Vana Raises $25M in Total Funding
- Helius Raises $21.75M in Latest Funding Round
- Drift Protocol Raises $25 million
Symbiotic: Building with Symbiotic - Fast Finality
Fast finality ensures rapid confirmation of transactions across blockchains, crucial for projects like cross-chain communication.
> Symbiotic provides a modular system that integrates operator stakes and commitments, speeding up finality through trusted validators
Source: https://blog.symbiotic.fi/building-with-symbiotic-fast-finality/
Automata Network is working with Worldcoin on NVIDIA H100 TEE-Capable GPUs
Using TEEs, Automata provides necessary technical assurance around the verifiability and integrity of SMPC workloads that run on NVIDIA H100 GPUs.
Source: https://x.com/automatanetwork/status/1836407604517773374?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Solving zkSVM: Proving Solana VM Execution with RiscZero zkVM
Zpoken has successfully proven Solana Virtual Machine (SVM) execution using zkVM. This post is a breakdown of the process👇
Source: https://x.com/zpokenweb3/status/1836752071065792689?s=46&t=2q9OLMlaobNlHLewOXT4uA
Securitize Partners with Wormhole for Tokenized Asset Interoperability
“This partnership with Wormhole will help enable sub-second, sub-penny transactions and move us into an increasingly cross-chain ecosystem.”
Source: https://x.com/securitize/status/1837032255174193367?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Four Pillars: Complete Guide to Sui
This report examine in detail what makes Sui special and why it has experienced a remarkable growth.
Source: https://4pillars.io/en/reports/sui-mega-reportv2
MicroStrategy Acquires 7,420 BTC for ~$458.2M at ~$61,750
Source: https://x.com/saylor/status/1837116692209574119
Frankendancer Now Live on Solana Mainnet, Firedancer Live on Testnet
According to Kevin Bowers, Chief Science Officer at Firedancer
Source: https://x.com/solana/status/1837035324587028567?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Jupiter Acquires Coinhall
Coinhall brings its expertise in pro-trading terminals, realtime infra, and crosschain to Jupiter
Source: https://x.com/coinhall_org/status/1836984674586874290?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ
Jupiter Acquires SolanaFM
Source: https://x.com/solanafm/status/1836990210787397789?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ
ASXN: Hyperliquid: The Hyperoptimized Order Book L1
Hyperliquid allows users to trade both perpetual futures (up to 50x leverage) and spot markets through its fully onchain order book. This piece covers:
> The spot and perps DEX landscape
> Protocol mechanics
> HyperBFT
> Spot ecosystem & HyperEVM
> Points analysis
> Decentralization & future catalysts
> Thesis, valuation & risks
Source: https://newsletter.asxn.xyz/p/hyperliquid-the-hyperoptimized-order?r=aaog1&utm_medium=ios&triedRedirect=true
Alana Levin: What Credit Card Networks Can Teach Us About Stablecoin Opportunities
We might be heading toward a world where every financial institution will issue their own stablecoin.
> The reality is that each issuer treats a dollar differently due to different reasons, a version we have seen before with credit cards.
> What can the evolution of card networks tell us about where there might be opportunities in stablecoins?👇
Source: https://x.com/alanadlevin/status/1836763805650468963?s=46&t=2q9OLMlaobNlHLewOXT4uA
Solana Mobile Introduces Chapter 2: 'The Solana Seeker’
Lighter, brighter, with a better camera & longer battery at a more accessible price.
Source: https://x.com/solanamobile/status/1836614409613119632?s=52&t=txFAbiSPTdLLDlAYj9X_AA
eOracle: Ushering in the Era of a Truly Decentralized Oracle
Major oracle projects like Chainlink and Pyth are doing well, but still have a way to go toward full decentralization.
> eOracle is an oracle project built on Eigenlayer, aiming to create a marketplace where anyone can provide or consume data directly.
> This post explore how eOracle aims to achieve a truly decentralized oracle👇
Source: https://x.com/100y_eth/status/1836755620588052848?s=46&t=2q9OLMlaobNlHLewOXT4uA
ZachXBT: How Greavys (Malone Iam), Wiz (Veer Chetal), and Box (Jeandiel Serrano) stole $243M from a Single Person Last Month
multiple arrests and millions frozen already
> Check out Zach’s investigation including video recordings, photos, and more👇
Source: https://x.com/zachxbt/status/1836752940029149269
Artela’s Renaissance III is Live - Ready to Earn and Build in ART Home
The journey to true Renaissance is entering its final stage with ART Home as ‘++’ center.
> ART Home puts you at the heart of a community-driven revolution in terms of real contribution, real growth, and real rewards
Source: https://artela.network/blog/renaissance-iii-is-live-ready-to-earn-and-build-in-art-home
Drift Raises $25 million to Expand Solana Exchange and Become ‘Robinhood of Crypto’
Source: https://fortune.com/crypto/2024/09/19/drift-solana-multicoin-crypto-funding-series-b/
Ten Protocol: Ethereum Got it Right
Lot of talk lately about how Ethereum’s decision to build around an L2 roadmap went wrong.
> Looking at how money moves within the banking system, this post explains why Ethereum actually got it entirely right👇
Source: https://x.com/tenprotocol/status/1836329424821571691?s=52&t=txFAbiSPTdLLDlAYj9X_AA