Kaff

dune 2025 report, it’s another report that mentioned @SeiNetwork , and it confirmed something i’ve been thinking for a while:
sei keeps showing up in places everywhere
the common themes were familiar:
– real RWAs from BlackRock, Apollo, Brevan Howard, Hamilton Lane, Nomura
– Giga already hitting 200k TPS in testing
– 4B+ txs, 80M+ wallets, #1 EVM by weekly active users
– multiple #SEI ETF filings + shortlisted for a U.S. state stablecoin pilot
but the deeper signal is intent. sei is positioning itself as compliant, high-performance financial infrastructure:
– U.S.-first regulatory alignment (N

staring at the thBILL dashboard kinda shows what @Theo_Network is optimizing for.
NAV/share at 1.0403 is the whole point of a non-rebasing wrapper.
price inches up as the short-duration book accrues. it’s boring in the best way cuz that yield doesn’t need you to babysit positions.
TVL is ~$166.6M, but look at the composition.
~70.9% of the fund is already parked in the money market sleeve (ULTRA) at $118.2M. cash is only ~1.2%.
that pending chunk is fat. almost $46M sitting in tULTRA.
→ demand is still flowing through the rails, just not all of it has fully settled into the underlying sleeve y

.@solsticefi public sale is now live on legion, and this is the last ico round I’m in for 2025.
the $SLX sale has a $130m fdv with a 50% tge, and the rest will unlock in 3 months.
i see that some of my CT friends have already joined (almost 600 ppl have joined the round atm), less than 1 day after the sale opened, so i think the hype is real.
with a $327M tvl, and no tokens for selling from VCs or the team, $slx can easily push to 2-5X from the sale price at tge
However, it’s NFA.

stepping back on @Aptos in 2025, it was one of those chains that looked quiet on price, but was clearly choosing what it actually wants to be good at.
that choice was money behavior.
–sSupply up ~114% YTD to ~$1.8B+
– monthly transfer volume went from ~$8.6B in Jan to ~$48B+ by Nov
i see this as capital testing settlement rails. Native USDT and USDC went live, then BUIDL showed up, then PYUSD, USDG, USD1 all followed.
you have to get why this stuck on Aptos
→ fees around half a cent
→ finality under a second
→ block times already ~60ms with Velociraptr mostly rolled out.
the same tech that on-

sei's gaming story is way bigger than most people realize.
what makes games on @SeiNetwork different from others in the past #gamefi cycle is that it’s not about airdrop farming behavior; this is about repeat usage.
here’s the part that locked in my conviction:
– gaming averaged 805k DAAs in Q3.
– +108% QoQ growth.
– 116 million gaming transactions in one quarter.
– that’s the majority of sei's total on-chain activity.
and while defi cooled off in Q3, gaming DAAs kept compounding because
– sei has already proved it can handle consumer-scale traffic.
– giga pushes that ceiling another order of

just read through the Messari: State of SEI Q3 2025, and my conviction for @SeiNetwork is now much stronger.
this report basically confirms what i’ve been feeling onchain for months.
usage > optics.
some numbers that really matter:
– 824k daily active addresses, +93.5% QoQ
– ~2m daily tx from real users, +87% QoQ
– gaming alone did 116m tx in one quarter
– dex volume hit $43m/day, new ATH, +75% QoQ
yes, TVL and stablecoins pulled back, but price stayed flat, activity kept climbing, and trading intensity actually expanded.
sei is proving demand before liquidity narratives recycle.
– gaming is

GM~ happy new week!
The most exciting thing this week for me is @TheoriqAI TGE coming tmr $THQ. (If you haven’t registered for the airdrop yet, do it now.)
Atm, $THQ price in pre-market is $0.11 ($110M FDV), while Kaito Capital launchpad participants joined at $75M FDV (100% TGE).
→ It’s easy to see a 2x from the sale.
If you joined the sale, you can lock in your profit now on either @WhalesMarket or #Mexc pre-market.
However, I think it's worth holding $THQ at this price bc:
– Coinbase added $THQ to their roadmap.
– ~40X oversub on Kaito launchpad.
– Keeping on top of Kaito mindshare for wee

GM ~
@TheoriqAI just opened the registration window to secure your airdrop on Kaito.
If you’re a Theoriq contributor, go register now, you won’t receive the drop without it.
Claim here:
Team hints suggest the airdrop, listing, and mainnet rollout are all landing on Dec 16.
ICYMI: there’s also a 7-day sprint to yap about Theoriq - top 250 on the weekly LB split $500K in $THQ.
The airdrop amount isn’t finalized yet, so you can still push for more mindshare and earn a bigger $THQ allocation. I’m locked in!

My fren dropped me @Hesoyamfun today and I stucked there for an hour lmao.
It’s a little Solana game where you jump into a pool:
→ send $SOL to whoever’s sitting at the top
→ you enter the queue
→ as new players join, you climb
→ when you’re first, the smart contract auto-pays you up to three times and then rotates you out
You always see money moving and everything stays transparent.
They also tuck in a referral flow where you pocket a slice of fees from people you bring in.
Drag your frens in for the laugh:

PitPass BuilderCodes might be the most underrated unlock on @SeiNetwork right now, imo.
I think the real shift in @MonacoOnSei is what it does for builders
apps can now plug into shared liquidity and earn programmatic revenue without rebuilding infra from scratch:
1/ monaco gives builders Wall Street-grade liquidity without rebuilding infra.
2/ pitpass transparently shares volume-based revenue with builders.
the old model was: raise, bootstrap, token.
the new model is: build UI, integrate liquidity, scale.
quietly build but massive impact. That’s why I think $SEI will move faster with Monaco!