News: JPM Coin (JPMD), @jpmorgan's USD deposit token, is now live on @ethereum. JPMD extends from Base to Ethereum L1, giving institutional clients native onchain cash that sits alongside the assets, collateral and counterparties they transact with already. J.P. Morgan has now added a cash leg to the products it already live on Ethereum mainnet, with tokenized money market funds MONY and JLTXX both already on the network. Ethereum is the home of onchain finance.

Route × @Alchemy 🤝 Route searches every pool for the best price and simulates every quote against the live chain state before you sign. Our node handles the hot path; Alchemy keeps the rest reliable. The best router can’t afford downtime, and nobody does reliability at scale better than Alchemy. Robinhood Chain, Base, BNB Chain and more to come.

The best part of the @Alchemy x AI era is leveraging great tech to make cool stuff! Here's an example for infra management!

📱 .@CashApp put stablecoins in front of 59M+ people. 🤫 None of them have to think about a blockchain. 🔁 3.5M+ reconciliation checks/day 📲 ~360K settlement events/day 🔗 EVM + Solana Take a look 👇

Is @metricxyz the next big thing? Woke up today and my timeline says yes. But WTF is an oracle-priced propAMM DEX, and why should you care? Let me explain anon ↓ AMMs have an awkward design flaw: they discover price inside the pool. Every time the real market moves, an arber trades the pool back in line and the LPs eat the difference. For assets whose real price lives somewhere else, that's backwards. NVDA's price is set on Nasdaq. ETH's is set on centralised order books. An onchain pool can only lag it. Solana already solved this with propAMMs, pools that quote off an external price, and they now do 15 to 27% of on-chain DEX volume. The catch is they're closed. One market maker, one book, and you take the quote or leave it. @metricxyz is the open version on EVM. And imo it's definitely the most interesting DEX design to ship this year. Live since yday (15th of Oct) on Ethereum, BNB Chain and Robinhood Chain with currently: - ~$5.4M TVL - ~$147M 24h volume on day one Before that it did ~$21.9B purely as an aggregator destination, with no frontend at all. How does it work? - The pool doesn't decide the price. A Price Provider does, reading Chainlink or Pyth, and the pool only tracks how far it sits from that reference ("deviation") - LPs fund bins at fixed % distances from the reference. When the oracle moves, every bin reprices with it. No trade needed, so no arber gets paid to drag it there - No range to manage, no rebalancing bot. Traders pay no fee on top, the cost is the spread, split between LPs, the curator and the protocol - Price and liquidity are separate jobs. A curator (market maker, fund, anyone) runs the pricing. Anyone can LP into it. Uniswap's permissionless pools with a market maker's quote Why I'm bullish: 1) It's built for tokenized stocks, not adapted to them. A Multiplier Oracle prices stock tokens as share price x the issuer's multiplier, so splits and dividends don't break the pool. Robinhood's ERC-8056 is supported natively. Stocks are the cleanest use case for oracle pricing there is 2) They did the boring hard part. A propAMM lives or dies on stale quotes. On Ethereum, oracle updates go through builders covering ~97 to 98% of blocks and only land in a block that has a trade against the pool. No trade, no gas. BSC gets a protected lane via 48Club and BlockRazor. Most copycats will underestimate this 3) LP protection is built into the contracts, not the UI. Green pools need oracle-anchored pricing, a verified curator and an immutable StopLoss that rejects swaps draining a bin too fast. Extensions can block a trade but can never change the price 4) Distribution came first. Flow arrives via 1inch, 0x, OKX, KyberSwap, CoW Swap and PancakeSwap whenever the quote wins. It earned its volume before it had a big public brand 5) The team: CTO Christos Gkolias was a senior engineering manager at Uniswap. Also, protocol was audited by Zellic and Sherlock My take: oracle pricing is where onchain execution for anything with an off-chain price is heading, and tokenized stocks get there first. Tessera and Native already run that game for one market maker each. Metric turns it into infrastructure anyone can plug into, which is indeed nothing short of huge, and finally a new open DeFi primitive. Points and referrals are already wired into the app, so being early here looks worth it imo. An airdrop down the line wouldn’t surprise me. My link if you want to try it: app.metric.xyz/r/zerokn0wled…

We launched Dedicated Clusters in Tokyo this summer. Demand blew past plan, so we shipped Node RPC & WebSockets for everyone. Two weeks later: 📈 Up to 8x faster for traffic from Northeast Asia 🏆 #1 p95 on @0xPolygon @BNBCHAIN @arbitrum and more 🗾 Thousands of teams served