The Shoot the Sh*t Podcast #19 dives deep into DePIN's real state in 2026. While token prices are down dramatically, revenue is surging and networks are becoming genuinely profitable. InfraFi emerges as the most exciting DePIN development, offering stablecoin holders 10-15% yields by financing off-chain infrastructure like GPU compute and energy projects. USDAI is leading this charge and could spark a major narrative shift when it launches its token.Trade XYZ's equity perps are seeing explosive growth on Hyperliquid, with silver futures doing billion in volume despite being listed only 30 days ago. The team analyzes whether this represents a genuine shift or temporary speculation. All that and lot's more.Introductions - 0:00 DePIN Report & Tokens - 1:37 Market & Macro - 15:51 Bitcoin & News - 25:54 AI Coins - 30:56 Bittensor / TAO - 34:04 On-Chain Activity - 43:24 Conclusion - 46:59 Hosted by Matthew NayFollow Messari on Twitter: https://x.com/MessariCryptoFollow Fully Diluted on Spotify: https://open.spotify.com/show/0uG5qpwFg67zTt0VQRTaZ7?nd=1&dlsi=ba41bca8012548dfFollow Fully Diluted on Apple Podcasts: https://podcasts.apple.com/us/podcast/messaris-unqualified-opinions/id1455666979____This episode and its contents do not necessarily reflect the opinions of Messari, Inc. Hosts and guests may hold cryptocurrencies discussed in this content. This content is meant for informational purposes only. It is not meant to serve as investment advice. You should conduct your own research, and consult an independent financial, tax, or legal advisor before making any investment decisions. Nothing contained in this content is a recommendation or suggestion, directly or indirectly, to buy, sell, make, or hold any investment, loan, commodity, or security, or to undertake any investment or trading strategy with respect to any investment, loan, commodity, security, or any issuer. This content should not be construed as an offer to sell or the solicitation of an offer to buy any security or commodity. Messari does not guarantee the sequence, accuracy, completeness, or timeliness of any information provided in this content.#cryptopodcast #cryptotrading #DePIN