Realized profits by whales (≥1K BTC) have climbed sharply as Bitcoin hit ATH

Whale realized profits exceeded $300M/day as BTC surpassed $122k

Nevertheless, it seems that new whales are locking in more profits than old ones

Pendle’s TVL fell from $13.3B to $6.8B (-49%) heading into October. Not an exploit, but a major unwind

33 pools tied to a ENA-PENDLE-AAVE looping trade expired

Fundamentals remain strong, revenue is solid, and expansion continues with the new deployment on Plasma

Why do projects need modelling?

We use modelling to simulate your economy in a vacuum, to understand the flow of value and logic within the ecosystem itself, and to comprehend deeply how certain parts impact others.


Modelling helps to:

- visualise cause and effect,

- stress-test assumptions,

- minimise risks,

- find equilibriums,

- plan for black swan events.


It allows you to ensure everything works as needed on a good day, and prepare for what to do if some edge case occurs on a bad day.


👉 Interested in modeling for your project? Book a call

📍The 2025 Stablecoin Report is here!

Stablecoins have quietly become the backbone of digital finance, settling over $264 trillion on-chain since 2019 and bridging the gap between traditional finance and crypto-native systems.

Our 2025 Stablecoin Report explores this transformation in detail, from institutional dominance in USDT flows to USDC’s rise on Base, and the emergence of yield-bearing assets like Ethena’s USDe, BlackRock’s BUIDL, and Ondo’s USDY.

Read now:
https://docsend.com/view/6acagieki4jxtt9i

With 65K+ daily traders and a $40B FDV, Hyperliquid isn’t just out-earning every derivatives exchange, it’s also surpassing most blockchains

Last 7 days in fees:

- Hyperliquid: $32.7M

- BNB Chain: $32.4M

- Ethereum: $21.5M

Over $36.4B in crypto capital was bridged in the past 2 weeks

This was notably led by a massive $20.7B two-way capital flow between Solana and Near, while Arbitrum to Hyperliquid also surged with $4.46B

Regardless of net flows, Ethereum still acts as a hub for most chains

Privacy coins quietly made a comeback, up +73% sector-wide this month while most sectors are deep in red

It appears that capital is rotating back to crypto’s roots: privacy and user protection over compliance and institutional alignment

What is needed for a successful token launch (tokenomics pov)?

🔹Understanding what your users may do with tokens

🔹Knowing potential pitfalls (e.g. price crashing) and how to avoid them

🔹Having backup plans for emergencies (e.g. burns, marketing posts, etc.)


Let’s break down your token economy together and make sure you’re ready for launch.

Book a quick call to get started

Kadena shut down, wonder why.

https://x.com/kadena_io/status/1980720876371779761?t=o_8WOn3DjjIW1gQ5PUwg-g&s=19

Digital asset treasuries keep stacking ETH

Alongside ETFs, more than 10% of the supply is now within institutional entities

With ETF staking, that share could climb even more, turning Ethereum’s yield into a fixed-income instrument for TradFi

It took Polymarket 4 years to reach its first billion in volume. The next 19, in only 14 months

A simple rebrand of a crypto primitive can change everything:

→ Prediction markets turned speculation into participation, where prediction is the new type of investment

OpenSea is back, and it already crossed $2.5B in trading volume this month

However, it's not from NFTs, >90% of it comes from fungible tokens

The former #1 NFT marketplace is now a non-custodial, 22-chain order router

What happened last Friday?

Trump announced 100% tarrifs. Market started selling. Longs were liquidated. Market makers pulled liquidity. Everyone got liquidated.

Full article: https://x.com/SimplicityWeb3/status/1981730964016394261

🚀 Another client, another successful launch.

Folks Finance went live on Nov 6th at $1, now sitting at $5+.

They say token launches don’t work in 2025, but with the right strategy and a team committed to building, it’s still very possible to have a successful launch.

We audited the tokenomics, modelled the economy, and the launch strategy, proving once again that preparation pays off.

Here’s what the Folks Finance team had to say about working with us:

“The Simplicity team helped us auditing our token economy policies to align better with users and token utilities. The modelling was very useful in forecasting key metrics like buy & sell pressure so to plan a healthy and sustainable token model with our incentives.”

📩 Want results like this?

Message @Daniel_Simplicity to talk about your next launch.

📈 Crypto M&A is back and accelerating fast.

Deal counts jumped from 27 in Q3 2023 to 96 in Q3 2025, with $10.4B in disclosed value this year. Both Web3 and traditional firms are buying their way into the next phase of the industry.

Web3 is consolidating

Crypto-native firms are using M&A to strengthen their stacks.

▪️Phantom made four Solana acquisitions to turn its wallet into a full consumer suite.
▪️WonderFi, Ripple, and Chainalysis are acquiring infrastructure, licenses, and payment rails to scale vertically.

Web2 is entering

Traditional companies are buying exposure instead of building it.

▪️Stripe acquired Bridge for $1.1B to power stablecoin payments.
▪️Robinhood bought Bitstamp and WonderFi to expand into exchange and staking.
▪️Naver, South Korea’s largest search engine, acquired Dunamu (Upbit’s parent) to enter crypto directly.

We teamed up with Acquire.Fi to explore how these trends are reshaping crypto’s next growth phase.

🔗 Read the full report here:
https://docsend.com/view/fyxpwwyewirk6kww

Network School Mentorship Announcement 🚀

We’re excited to share that our Co-Founder, Daniel Malinovski, has been invited to mentor and host a Tokenomics Design Workshop at the Network School Accelerator on November 19th.

The Network School, an initiative led by Balaji aims to serve as a physical "node" for his vision of a Network State, a vision we share at Simplicity Group.

Daniel will be working directly with accelerator participants to cover:

- How to structure sustainable token models
- How to avoid the most common pitfalls we see in early-stage projects
- How to balance incentives, emissions, and long-term economic health
- How to think about modelling, policy, and real usage

We’re looking forward to supporting the teams selected by Network School and contributing to the next generation of high-impact Web3 founders.

📍 Happening November 19th, hosted at Network School.

Our latest piece dives into one of the fastest-emerging trends in crypto: Digital Asset Treasuries (DATs).

DATs are public companies that hold crypto like BTC, ETH, or SOL on their balance sheets, and actively deploy it through staking, lending, and leverage to grow NAV per share.

Think of them as the active, yield-generating counterpart to ETFs, combining equity upside with crypto performance.

With ETF inflows validating demand, new regulatory clarity, and on-chain yield turning treasuries into productive capital, DATs are quickly becoming the bridge between traditional markets and digital assets.

Read the full article here:
https://www.simplicitygroup.xyz/blog/the-rise-of-dats