This is the only project I'm backing this year. The founder is probably one of the most accomplished humans I've ever came across, and one of the few in this space whom I trust to bring RWA to DeFi. @ripe_dao

CEX perps: 316,823 traders were liquidated, the total liquidations come in at $976.55 million. f(x) Protocol: 0 traders were liquidated, the total liquidations come in at $0.

🚀 Ripe Tokenomics blog post is live! Here's a quick thread on the highlights, full details in blog post, linked at end of thread. 🧵⬇️

🚨 Ripe is going live on @base L2 this week. After late-night Banana Calls, testnet Radness, and relentless “gm”s… it’s finally time. 🍋 Phase 1 is here: a cautious, real-money launch with tight limits. Here’s what you need to know 🧵👇

We have published our post-mortem on the exploit in the wstUSR market as well as the recovery plan. Please use the links below. Post-mortem: Recovery Plan:

Resupply has experienced an exploit in the wstUSR market. The affected contract has been identified and paused. Only the wstUSR market was impacted and the protocol continues to function as intended. A full post-mortem will be shared as soon as a complete analysis of the situation has been conducted.

1/7 From stability to symmetry 🔥 Introducing sPOSITIONs: a new way to short the market with fixed leverage, liquidation brake and zero funding costs. Meet the newest upgrade in f(x) Protocol v2.1 👇 Read the full whitepaper 👇

1/ BIG NEWS: the GENIUS Act just passed the Senate 🥳 This is a turning point for stablecoins in the US and the world. Frax is the most prepared project for this moment. Here's how we built $frxUSD with this exact future in mind 🧵