Our decision to build a CLOB-based lending protocol is a conviction we've been architecting for nearly a year now at @avon_xyz. For onchain credit markets to truly mature beyond their current state, there would need to be a more efficient model that allows for genuine price.

Ethereum is and will always be the core of stablecoins. Full stop.

RT @BlockFelis: I spoke to @im0xPrince, the founder of @avon_xyz and he kindly gave me a code for test the product. Let’s break down what….

RT @im0xPrince: We didn’t choose AMMs because they were better. We chose them because there was no other choice. Back in 2020, every DeFi….

Intent-based systems don’t scale markets. They rely on requests. Liquidity stays hidden until someone asks. Prices aren’t visible. This breaks composability. It blocks coordination. And it limits price discovery, since there’s no shared view of supply and demand. Markets scale

Everyone wants to build a super app. But no one wants to maintain one. It’s cumbersome. Uniswap didn’t do it all. Aave didn’t either. Stripe just owned payments. That’s how you win:.Own the primitive. Be the best at that. Let composability handle the rest.

RT @0xNairolf: this cycle is the legitimation and maturation of DeFi.

That’s why price discovery is important in every market. When counterparties compete to provide flow, prices get better and the market gets more efficient. Spot and perps have this. @avon_xyz is bringing it to floating-rate lending markets.

It’s true, that’s why many people hesitate to share their ideas publicly. I’ve also noticed quite a few teams now pitching CLOB-based lending markets after we shared our initial design and research. It’s a bit sad, but also validates that there is a need of this kind of solution.

What looks like polished product is often the result of a few smart design decisions. Hyperliquid is a good example. They prioritized what actually matters to traders and MMs:.→ Gasless quote updates.→ Prioritized cancels. These aren’t features. They’re decisions made for.

Crossed 5k. Don’t know most of you, but if you’re here for real thoughts, and the occasional bad take, I’ll keep showing up. Thanks for being here.

Hot take: these new L1s mostly have copy-paste dapps that already exist on multiple other chains. Maybe that’s the real reason they don’t need to exist?.

RT @0xsudogm: the path to housing all finance onchain is for onchain price discovery to lead offchain markets. and it's already happening h….

CT attention won’t make a project successful in the long run. It helps early to get some initial traction. But that’s not the whole userbase. We need to get out of the mindset that CT is the market.

Smart ones borrow. The rest sell and regret.

People often ask why everyone suddenly shifted to CLOBs. Take credit markets as an example. We fragmented liquidity to give lenders risk isolation. It made sense, many didn’t want to be exposed to one-size-fits-all risk, like in pool-based models such as Aave. So we built.

I have known Robert for a while through his tweets. But after talking to him, I realized he is one of the sharpest and most thoughtful people I have met. Working with him is genuinely exciting. He is very different from his Twitter personality, even smarter in real life. Things.

RT @MariaShen: 4/.But stablecoin users don’t just want to hold digital dollars. They want truly global financial services:. → Yield.→ Lend….