Binance has announced the launch of its 33rd project on the HODLer Airdrop page — Dolomite (DOLO), a decentralized money market protocol. DOLO will be listed on August 27, 2025, at 16:00 UTC, with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. Meanwhile, the second round of the Binance HODLer Airdrop will feature MyShell (SHELL), with an additional 25 million SHELL tokens distributed (accounting for 2.5% of the maximum supply). In addition, Binance Alpha will list Dexlab (XLAB) on August 29. — link

Based on user feedback, hyperp mark prices will use the normal mark price formula incorporating external pre-launch perp prices for the same asset if available. This has no noticeable effect on the vast majority of users and instances, but improves robustness of the system. To be clear, this does not affect funding rates or realized pnl. Thank you to the users who shared constructive feedback based on their interactions with hyperp markets.

It's Nvidia earnings day:

The options market is currently pricing in a 6.1% post-earnings implied move in Nvidia, $NVDA.

This implies a swing of ~$270 BILLION of market cap after the close today.

This is more than the market cap of 95% of S&P 500 companies.

It's also more than the market cap of all but 41 public companies in the world.

Buckle up.
(@TheKobeissiLetter)

been thinking about PMs and i can see how as it accelerates, the world becomes more dystopian similar to black mirror

in a world where almost everything is on the PM, people are incentivised to act accordingly to the odds instead

eerily similar to when influencers let their followers decide their day/decisions as content (happening)

just imagine that when the pot gets big enough and society is on a decline, people are forced to make decisions that align with money instead (we saw a glimpse of this during pumpfun streaming phase -> black mirror s7e1)

basic example:
"odds of streamer A pulling out his tooth on stream"
when the odds are advantageous enough, streamer A places a big bet and pulls his tooth

extreme case:
"odds of taylor swift having a miscarriage"
with a big enough pot and odds, it might actually happen

the entire dildo in wnba is just a prequel

an eventuality if we put everything on the prediction market

current stance is that its still early for PMs

still plenty of infrastructure to work on such as oracles, marketmakers, liquidity, etc.

a bit early for its time, but a vertical to keep watch in the years ahead

i don't think PM is better than memecoins or vice versa, both are different expressions and will likely have different applications in the hypergambling space

one is binary with capped upside and longer wait times, other has quicker dopamine hits with room to dream

an argument for futarchy or PMs is that it forces the bettor to do research and make intellectual bets, which makes him think that he has an "edge" and hence participates more

however, i highly question the average bettor's interest in doing said research when participating in PMs

the assumption that majority would do due diligence is a hard sell

most are looking for an easy way out in life through a lucky strike

when it comes to gambling, the most important aspect in retention to me is undoubtedly the short bursts of hopes and dreams

its why tokenized attention works

you capture all their attention when the cards are being dealt

in that split second when the slot machines are still spinning, bettors are filled with hopes of a better life

that aspect of PMs must be achieved

just like how a memecoin price chart constantly fluctuates, giving the dreamer short bursts of hope whenever it moves in his way

for now, the odds market still moves too slowly for the attention receptor fried generation

give them hope, give them dreams, and most importantly give them a chance to see and "control" their future

Decentralized lending protocol Aave Labs has officially launched its institutional-grade platform, Horizon, enabling qualified institutions to borrow stablecoins such as USDC, GHO, and RLUSD using tokenized U.S. Treasurys and loan-backed RWA assets as collateral. The platform is built on a permissioned version of Aave V3. — link

According to data from the Strategic SOL Reserve, 13 companies or institutions have disclosed holdings of a total of 8.277 million SOL (worth approximately $1.72 billion), accounting for 1.44% of the total supply. Among them, 585k SOL have been staked. — link