LinenXmito
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Today, KASTxyz closed their Series A funding, raising $80M.

Itโ€™s special to me because this was the first project I shared here when I decided to become active on X.

Fast forward to today, weโ€™re sitting Top 100 on the leaderboard with 3.7M+ points.

Are you still interacting with Kast?

https://x.com/linenmito/status/2031075369605038123?s=20
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From our recent Survey on Determining Variational's Core Metric, Here is Linenmito's Conclusion ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

https://x.com/linenmito/status/2031085474303885332?s=20
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How The Prediction Market is Pricing The Top Tokenless PerpDexs

Prediction markets on
Polymarket are currently estimating the FDV of upcoming launches, and the numbers are surprisingly conservative.

For example:

https://x.com/linenmito/status/2031364530924650684?s=20
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Inside Trade[xyz] - The Biggest RWA Perp DEX Protocol

RWA + PerpDex is quietly becoming one of the most important narratives in crypto.
While most of the market is focused on AI and short term rotations, a new sector is emerging: RWA perpetual trading and one platform is worth watching
@tradexyz


By the end of this post youโ€™ll understand:
+ What Trade[xyz] actually is
+ The volume and open interest itโ€™s generating
+ Whether there are backers involved
+ If there is a potential airdrop
+ And my honest conclusion as a trader

๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

https://x.com/linenmito/status/2031716281628434768?s=20
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Top 5 Perp-DEXs by Open Interest ๐Ÿงต

I did a careful review of the top 5 perpetual DEXs ranked by open interest this week.

Important observation:
- The top 2 already have a token.
- The other 2/3 are yet to launch a token and are currently running point systems, that's where the Alpha is.

๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

https://x.com/linenmito/status/2032066444364525947?s=20
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์—ญํ”„ 2ํ”„๋กœ๋„ค์š”,

ํ…Œ๋” ๋งค์ˆ˜ ๋‹ฌ๋Ÿฌ ๊ณต๋งค๋„, ๋‹ค๋“ค ์•„๋Š” ๋…ธ๋ฆฌ์Šคํฌ 2ํ”„๋กœ ๊ตฌ๊ฐ„์ž…๋‹ˆ๋‹ค
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Variational Points Distribution For Week 13

Still No1 on the Points leaderboard, with 52,485 points.

Current Stats:
- 52K+ total points
- Rank #1 on the points leaderboard with 52,485 pts
- Rank #1 in loss refunds with $191K refunded
- Traded: $BTC, $HYPE, $SOL, $ETH & $BNB

I also discovered that joining Variational the right way can actually give you a points boost.

๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

https://x.com/linenmito/status/2032576486566137904?s=20
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How to actually earn more
Variational points even with little capital (without wasting capital)

Iโ€™m currently Ranked No1 on the Variational Points leaderboard with 52K+ points and over $190K+ in loss refund claims.

If your goal is points, not screenshots, this is the framework that works ๐Ÿ‘‡

https://x.com/linenmito/status/2033517704401813990?s=20
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For Everyone Starting Crypto, This is The LinenMito Crypto Journey (So Far)

Most people think success in crypto is luck.

In reality, itโ€™s volume, consistency, and being early where it matters.

Hereโ€™s how the LinenMito journey has played out so far:

https://x.com/linenmito/status/2033661461680296251?s=20
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๐ŸŸข ์Šคํ…Œ์ด๋ธ”์ฝ”์ธ & RWA ์„นํ„ฐ ๋ถ์€ ์™”๋‹ค.

-Artemis ์ฐฝ์—…์ž Jon ma์— ๋”ฐ๋ฅด๋ฉด 3์›” ํ•œ๋‹ฌ๊ฐ„ ๊ฐ€์žฅ ๊ฐ•์„ธ๋ฅผ ๋ณด์ธ ์„นํ„ฐ๋Š” ์Šคํ…Œ์ด๋ธ”์ฝ”์ธ + RWA

-Circle, Centrifuge, PayPal, Ondo ๋“ฑ์ด ๋Œ€ํ‘œ์ ์œผ๋กœ ๊ฐ•์„ธ๋ฅผ ๋ณด์˜€์œผ๋ฉฐ ์ „์ฒด์ ์œผ๋กœ +20% ์ƒ์Šน

-ํฌ๋ฆฝํ†  ์ธํ”„๋ผ ์„นํ„ฐ๋“ค๋„ ์ƒ๋Œ€์ ์œผ๋กœ ์–‘ํ˜ธํ–ˆ์œผ๋ฉฐ LayerZero, Render, Akash ๋“ฑ์ด +10% ๊ฐ€๋Ÿ‰ ์ƒ์Šนํ•จ

-๋ฐ˜๋ฉด Blue Owl, Rocket, Klarna, Blend ๋“ฑ ๊ธฐ์กด ํ•€ํ…Œํฌ ์„นํ„ฐ๋Š” ์•ฝ์„ธ๋ฅผ ๋ณด์ด๋ฉฐ -7.8% ํ•˜๋ฝ

์›๋ฌธ
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Crypto Market Bleeds, But One Narrative Holds Strong ๐Ÿ“‰

Today's crypto heatmap is
almost entirely red: $BTC -2.44% $ETH -4.57% $SOL -4.44% and $XRP -2.65%

But hereโ€™s the interesting part
๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

https://x.com/linenmito/status/2034283314152886402?s=20
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ํ•˜๋ฆฌ๋Š” ๋ฉฐ์น ์งธ ๊ณ„์† ์ง€๊ธˆ ๋ณธ ๊ฐ€๊ฒฉ์ด ๊ฐ€์žฅ ์‹ธ๋‹ค๋ฅผ ๋ณด์—ฌ์ฃผ๊ณ  ์žˆ๋„ค์š”.

๊ทผ๋ž˜ rwa ๊ฑฐ๋ž˜ ํ•ด๋ณด๋ฉด ๋А๋ผ๋Š”๊ฑด ํ•˜๋ฆฌ(trade.xyz)๋Š” ์‹ ์ด๊ณ  ์—ฌ์ „ํžˆ ๋Œ€์•ˆ์€ ์—†๋‹ค ์ž…๋‹ˆ๋‹ค. rwa ์ƒํ’ˆ๋“ค ๋‹ค ์ง€๊ธˆ์€ growth mode ์ ์šฉ ๋˜์„œ ์ˆ˜์ˆ˜๋ฃŒ ์ „ํ†ต ๊ธˆ์œต์— ๋น„๋ฒผ๋ด„์ง ํ•˜๋„ค์š”.

trade.xyz์—์„œ ํฅ๋ฏธ์žˆ๊ฒŒ ๋ณด๋Š”๊ฑด brent crude oil์ธ๋ฐ, ์ธ๋ฑ์Šค ๊ฐฑ์‹  ์‹œ๊ธฐ๊ฐ€ ์•ฝ 20์ผ ๋‚จ์€ ์‹œ์ ์—, ํ•ด๋‹น ์›”๋ฌผ๊ณผ ์ฐจ์ด๊ฐ€ 5% ๋‚˜๋Š” ์ƒํ™ฉ์ด๋ผ๋Š” ์ .

์‹œ์žฅ์ด ์ƒ๊ธด์ง€ 2์ฃผ๋œ ์‹œ์ ์—์„œ ํ‰๊ท  ์ผ ํŽ€๋”ฉ์€ + 0.0015% ์˜€๋‹ค๋Š” ์ .

ํŽ€๋”ฉ์„ ๋ฐ›๋Š” ์ž…์žฅ์ด๋ฉด์„œ ์–‘์ชฝ์ด 2์ฃผ๊ฐ„ ๋ถ™์–ด์ค€๋‹ค๋ฉด ๊ดœ์ฐฎ์„ ์ˆ˜ ์žˆ๋‹ค๋Š” ์ .

๋Œ€์‹  ์„ธ๊ธˆ์„ ๋‚ด๋Š” ๋ฐฉํ–ฅ์œผ๋กœ ์ˆ˜์ต์ด ์ƒ๊ธด๋‹ค๋ฉด ๋จธ๋ฆฌ๊ฐ€ ์•„ํ”Œ ์ˆ˜ ์žˆ๋‹ค๋Š” ์ .

์„ ๋ฌผ์— ์„ธ๊ธˆ ์•ˆ ๋ฉ”๊ธฐ๋Š” ๋‚˜๋ผ๋„ ์กด์žฌํ•œ๋‹ค๋Š” ์ . ํ™์ฝฉ์ด๋‚˜ ์‹ฑ๊ฐ€ํด์€ ์‚ด๊ธฐ๊ฐ€ ์ข‹๋‚˜ ๋ชจ๋ฅด๊ฒ ๋„ค์š”.
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$HYPE keeps showing me the same thing day after day: the current price is the cheapest price.

After trading RWAs lately, the feeling I keep coming back to is that Hyperliquid/trade.xyz is king, and there is still no real alternative.

All RWA products on @tradexyz are in Growth Mode right now, so the fees are starting to look competitive even against traditional finance.

One product I find particularly interesting on @tradexyz is Brent crude oil.

There are about 20 days left until the index rolls, yet the gap versus the relevant futures contract is around 5%.

Another interesting point is that, even though the market has only been live for about two weeks, the average daily funding has been around +0.0015%.

So if you are on the side receiving funding, and the spread holds together for another two weeks, it could actually be a pretty decent setup.

The headache, of course, is taxes if the profit shows up on the taxable leg.

There are also countries where futures profits are not taxed, which makes this even more interesting.

Not sure how livable Hong Kong or Singapore would be, though.