This week, the Hivemind team discusses their current market outlook as crypto starts to recover after a large leverage flush last week. We deep dive into why are SOL DAT volumes so low, the Plasma token launch, Tether's $500B valuation, the perp DEX wars & more. Enjoy!

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Timestamps:

(00:00) Introduction

(01:25) State Of The Market

(07:42) Why Are SOL DAT Volumes So Low?

(12:24) Tether Raising $20B At A $500B Valuation

(19:46) Stablecoin Chains

(24:42) Flying Tulip's $200m Seed Round

(28:20) What Is DoubleZero?

(36:46) The Perp DEX Wars

(40:37) Hyperliquid

(52:16) Tokenization

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, the Hivemind team, and our guests may hold positions in the companies, funds, or projects discussed.