Lark Davis
TLDR MANTLE IS KILLING IT! Mantle led L2s in Q1 2025, despite a 36.6% drop in market cap to $2.7B — outperforming ETH’s 46% decline.

🔥 Ecosystem incentives kept activity alive: Mantle Rewards Station
Methamorphosis S3 (mETH)
EcoGalaxy: Mantle Surge
Yap leaderboard by Kaito

💰 DeFi core protocols: mETH: $709.7M TVL Function (FBTC): $1.2B TVL

👀 First L2 to fully integrate Eigen
DA15 MB/s throughput
$335M+ in restaked mETH securing the network

State of @0xMantle Q1

Key Update: Mantle Network pivots from L2 scaling to full-stack onchain finance hub, introducing new pillars like crypto index fund and AI-focused development.

QoQ Metrics 📊
• Stablecoin market cap ⬆️ 27.0%
• Data availability nodes ⬆️ from 10 to 200+

Read the full report 🔗
https://t.co/xvaI2Pgrkt - Messari
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CertiK
RT @CertiKAlert: #CertiKStatsAlert 🚨

Combining all the incidents in April we’ve confirmed ~$364M lost to exploits, hacks and scams after ~$18.2m was returned.

KiloEx, Loopscale and zkSync all had funds returned by whitehat exploiters.

~$337M of the total is attributed to phishing.

More details below 👇
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Michaël van de Poppe
Good morning!
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Elon Musk
RT @RuiHuang_art: Type I：10¹⁶ W 🌎
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sassal.eth/acc 🦇🔊
RT @sreeramkannan: ETH: Eternal Trust Hardened.

Verifiable forever.
Programmable trust.
Hardened in code.

The diamond standard for
decentralized coordination. https://t.co/owQjnVJ4dF

Great post.

When you say "Sovereign-grade DeFi collateralization," you are talking about trust.

Satoshi invented decentralized trust to replace top-down authority-based trust. This will prove to be one of the most impactful innovations in history, especially as we move into a more complicated multi-polar world and as human and machine intelligence hybridizes.

You also mentioned DCF. It is important at this point to largely steer clear of DCF when valuing ETH and the Ethereum Layer 1, because in Ethereum's adolescent stage of development DCF drastically undervalues ETH.

Just as information, goodwill and promises (i.e. agreements or assurances) can be considered intangible commodities, we can can consider the trust that ETH and Ethereum confer to applications, processes and storage of assets to be a commodity. There is no stronger form of the trust commodity on the planet than what a rigorously decentralized smart contract platform can provide to a wide variety of use cases.

As we build valuation models for ETH and the Ethereum network and the extended ecosystem, we should consider multiple component models. Eventually DCF will grow in importance in the composite model, but I think viewing ETH as the purest and hardest trust diamond on the planet is more powerful and more accurate. Ethereum is the gold standard in trust. ETH is highest octane trust because it preserves or adds so much value to various use cases. It is due to this characteristic that ETH will earn a very large monetary premium over what might be suggested via DCF or mimetic valuation components. - Joseph Lubin
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Elon Musk
RT @Rainmaker1973: The real height of the Coloseum, represented by 2000 drones. https://t.co/MWM7qcnkJ8
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Elon Musk
RT @Thebestfigen: How beautiful. https://t.co/MFHkI7HKYX
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Elon Musk
RT @cb_doge: How to enable Disappearing Messages on 𝕏 Chat:

1. Open the chat.
2. Tap the username at the top left.
3. Select Disappearing Messages.
4. Choose the desired duration. https://t.co/xCljyN4eBU
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Elon Musk
RT @a30163827: SpaceX: From a scrappy rocket startup to catching falling skyscrapers with giant chopsticks. https://t.co/31WkOqyspw
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