Episode Details

CLOB Battles, Disclosure Fights, and the Meme-ification of Circle – The Chopping Block - Ep. 858
6/26/2025
Unchained

Key Insights

Bullish:

  • 🟢 $DEX - Decentralized exchanges (DEXs) are gaining significant market share in the crypto trading space, with growth from low single digits to well into double digits compared to centralized exchanges. This trend suggests DEXs are becoming increasingly important in the crypto ecosystem.
    • I think Hyper Liquid has, like, grown the pie a lot and proven that kind of DEXs are here to stay and actually are eating into the market share of crypto exchanges in general. I think it went from, like like, it used to be, like, low single digits compared to, like, the centralized exchange space, and now it's, like, well into the double digits.” - Vlad (33:32)
  • 🟢 $ZKPROOF - 🔒
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Bearish:

  • 🔻 $CIRCLE - 🔒
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