-
Decentralized Capital Markets Research & Articles: www.shoal.gg Twitter: https://twitter.com/Shoalresearch TG link: https://t.me/shoalresearch Website: Shoalresearch.xyz
$FARTCOIN Spot Deposits, Withdrawals, and Trading are Now Live on Hyperliquid.
Source: https://x.com/hyperunit/status/1922293804419227993
Yuga Labs Sells CryptoPunks IP to The Infinite Node Foundation
Source: https://www.businesswire.com/news/home/20250512398123/en/The-Infinite-Node-Foundation-Acquires-CryptoPunks-IP-from-Yuga-Labs
May 12th~ Rollup
🐚 Research and Ideation 💡
- Kobeissiletter: Sentiment Check: U.S - China Tariff Timeline
- Tungvy Le x Austin Campbell: Crypto and the Evolution of the Capital Markets
- Four Pillars: Plasma: Everything, Everywhere, All at Once
- Paradigm: Multiverse Finance
- Blockworks: Solana - Overview
- Paul Guerra: The American Dream is Dead
- a16z | Quantum Computing: What, When, Where, How
🐚 News 📕
- Coinbase Global Set to Join S&P 500
🐚 Project Updates 🔔
- Pumpfun Introduces Creator Revenue Sharing
- Anchorage Digital Acquires Mountain Protocol
- Helios Finance: Bitcoin-Native Lending with Adaptive Risk Optimization
- Sonic Labs Announces $10 Million $S Token Sale to Galaxy for U.S. Expansion
Paul Guerra: The American Dream is Dead
Good read👇
Source: https://x.com/paulguerratv/status/1921706824878686511
Blockworks: Solana - Overview
(Onchain Metrics, Activity and Charts)
> Solana weekly DEX volume closed at a 9-week high of $35.6b, driving weekly REV to $25.9m
> SOL-USD volume share increased from 27% to 38% week over week
> The chain sustained ~1190 TPS over the week👇
x.com/smyyguy/status/1921931310118899965
Source: https://blockworks.co/analytics/solana
Helios Finance: Bitcoin-Native Lending with Adaptive Risk Optimization
Helios is a Bitcoin-native DeFi lending protocol designed to unlock Bitcoin’s liquidity without relying on cross-chain bridges or wrapped assets.
> Built on the Bitcoin mainnet via the MIDL execution layer, Helios enables users to lend and borrow directly in BTC with self-custody and one-step transactions.👇
Source: github.com/helios-finance/Docs/blob/main/Helios%20Finance%20Whitepaper%20v0.1.pdf
Anchorage Digital Acquires Mountain Protocol, the Company Behind the USDM Stablecoin
Source: https://www.anchorage.com/insights/anchorage-digital-acquire-mountain-protocol-to-accelerate-institutional-adoption-of-stablecoins
Crypto and the Evolution of the Capital Markets
This paper argues that blockchain technology solves a problem the traditional securities markets still haven’t fixed: the lack of a more direct, efficient, and trustless way to own & trade assets.
> This paper explores how the use of blockchain to trade assets can bring about real-time settlement, direct ownership, greater transparency, and the ability to strip away layers of friction that have become embedded in our financial system👇
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5250986
Source: https://x.com/TuongvyLe12/status/1921924136554897638
Sentiment Check: U.S - China Tariff Timeline
“The last time US tariffs on China were this high:
> The S&P 500 was ~200 points lower
> 4 Fed rate cuts were expected in 2025
> Wall Street was calling for a recession.”👇
Source: https://x.com/kobeissiletter/status/1921910115596136573?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Microstrategy Acquires Another 13,390 BTC at ~$99,856 Per BTC and Now Holds 568,840 BTC
Source: https://x.com/saylor/status/1921898712801874273
Four Pillars: Visa & Mastercard, Designing Next-Gen Payment Systems
Blockchain-based payment systems will improve efficiency in settlement & international transactions
Both Visa and Mastercard unveiled their roadmaps for blockchain and stablecoin adoption in April this year, rolling out initiatives across:
> Stablecoin-linked card services,
> Stablecoin-based settlement systems
> P2P international remittances, and more👇
Source: https://4pillars.io/en/issues/visa-mastercard-designing-next-gen-payment-systems
> U.S. Trade Representative Ambassador Jamieson Greer:
We’re confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency.
I’m happy to report that we made substantial progress … there will be a complete briefing tomorrow morning.
Treasury Secretary Bessent Says the US Made Substantial Progress in Trade Talks With China
Source: https://x.com/DeItaone/status/1921595184833315101
The 10 Types of Crypto VCs You'll Meet (And How to Spot Them)
> The "we don't support airdrops" vcs
> The "pls work with my marketing agency" vc
> The "thesis-driven" vc
> The "founder-friendly" ghosters
> The "i used to work at [insert tradfi firm]" vc
> The "i need an answer in 24 hours" fomo vc
> The "we're long-term holders" paper hands
> The "thought leader" who hasn't shipped anything
> The "we don't normally invest this early" vc
> The actual builders who get it
Source: https://x.com/therosieum/status/1921251207793795389?s=12&t=2q9OLMlaobNlHLewOXT4uA
Virtual’s Yap-for-Points v2.0 Now Live with Kaito
Both Virtual’s top yappers and eligible KAITO stakers will start earning Virgen points tomorrow.
Source: https://x.com/virtuals_io/status/1922293942097236288
VanEck Launches First Tokenized Treasury Fund $VBILL on Securitize, Backed by Short-term U.S. Treasuries.
Available on Avax, BNB Chain, Ethereum & Solana
Source: https://x.com/Securitize/status/1922276424070897714
Robinhood to Acquire WonderFi, a Canadian Leader in Digital Asset Products and Services
Source: https://newsroom.aboutrobinhood.com/robinhood-to-acquire-wonderfi/
a16z | Quantum Computing: What, When, Where, How
This episode covers:
> What quantum computing is and isn’t
> When is it happening/ what are the “timelines” for quantum computing becoming a reality
> How will different types of cryptography be affected, or not?
> Where does quantum computing and post-quantum crypto apply to blockchains👇
Source: https://a16zcrypto.com/posts/podcast/quantum-computing-what-when-where-how-fact-vs-fiction/
Sonic Labs Announces $10 Million $S Token Sale to Galaxy for U.S. Expansion
This investment strengthens Sonic Labs’s position in the U.S. market and provides critical support for its DeFi ecosystem development.
blog.soniclabs.com/sonic-labs-announces-10m-token-sale-to-galaxy-for-u-s-expansion/
Source: https://x.com/SonicLabs/status/1921913903036145736
Coinbase Global Set to Join S&P 500
Source: https://x.com/DegenerateNews/status/1922039998477427110
Paradigm: Multiverse Finance
While prediction markets let you bet on outcomes, Multiverse Finance builds on this by enabling assets tied to the same outcome to be borrowed and lent against each other.
> Multiverse Finance splits the financial system into parallel outcome-based universes, so you can short the market today only if your favourite candidate is going to lose the next election.
www.paradigm.xyz/2025/05/multiverse-finance
Source: https://x.com/_dave__white_/status/1921960740564410527?s=52&t=txFAbiSPTdLLDlAYj9X_AA
: : | Plasma: Everything, Everywhere, All at Once
Everything about stablecoins is going through major changes everywhere in the world, all at once.
Plasma has emerged as a network purpose-built for stablecoins. It delivers a user experience made for stablecoin use cases, offering features like:
> The PlasmaBFT consensus
> High scalability through the Reth client
> Custom gas mechanics
> Zero-fee USDT transfers
> Confidential transactions.👇
Source: https://x.com/fourpillarsfp/status/1921864818665172994?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Pumpfun Introduces Creator Revenue Sharing, 50% of Revenue Now Shared with Coin Creators
Source: https://x.com/pumpdotfun/status/1921941742854512924?s=46&t=2q9OLMlaobNlHLewOXT4uA
May 11th~ Rollup
🐚 Research and Ideation 💡
- Four Pillars: Visa & Mastercard, Designing Next-Gen Payment Systems
🐚 News 📕
- U.S. Announces China Trade Deal in Geneva
- US to Cut Tariffs on Chinese Goods to 30% from 145% for 90 Days
- China to Lower Tariffs on US Goods to 10% from 125% for 90 Days
🐚 Project Updates 🔔
- Uniswap Crosses $3T in All-Time Swap Volume
US to Cut Tariffs on Chinese Goods to 30% from 145% for 90 Days
China to Lower Tariffs on US Goods to 10% from 125% for 90 Days
Source: https://x.com/tier10k/status/1921823051731050832
Uniswap Crosses $3T in All-Time Swap Volume
Source: https://x.com/Uniswap/status/1921632312229240837
U.S. Announces China Trade Deal in Geneva
Source: https://www.whitehouse.gov/articles/2025/05/u-s-announces-china-trade-deal-in-geneva/
May 10th~ Rollup
🐚 Research and Ideation 💡
- a16z: Security Audit Secrets to Success
- Therosieum: The 10 Types of Crypto VCs You'll Meet (And How to Spot Them)
a16z: Security Audit Secrets to Success
How to prepare for and follow best practices before, during, and after a security review.
Source: https://a16zcrypto.com/posts/article/security-audit-best-practices/