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Review of Jupiter in 2025
In fact, a clear and coherent evolution path can be identified:
The high volatility phase at the beginning of the year subjected Solana’s trading and execution infrastructure to extreme stress tests. Jupiter maintained stable execution under high-frequency, high-concurrency retail trading environments, effectively establishing its position as the default trading gateway and execution layer on Solana. This stage validated not functional completeness but system-level reliability.
Subsequently, during market corrections and cooling sentiment, Jupiter did not slow down pr
JUP8,68%
SOL5,01%
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How is the latest performance of Orderly Vault?
The overall TVL is approximately $11.5 million, with a cumulative PnL exceeding $1.1 million, indicating that the profits are not derived from short-term incentives but are gradually accumulated through genuine trading activity. Among them, OmniVault contributes the main scale, with over $10 million TVL, corresponding to an annualized rate of about 24%. The number of participating addresses is in the hundreds, and the fund distribution is relatively dispersed.
More notably, there is differentiation among vaults. Protocol-level vaults offer a more
ORDER5,19%
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IP will become outdated, but isn't the role of Kindred here?
Kindred can solve the problem of IP aging. Most IPs are not unpopular; rather, after they become popular, their relationship with users stalls at a certain point in time. When the work ends, the popularity fades, and the IP gradually becomes a symbol of memory and consumption rather than a continuously interactive presence.
Kindred uses AI to give IPs a new state — that is, to stay alive. Characters no longer only appear in works but can accompany users long-term, engage in dialogue, remember users, and generate new connections throu
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Kindred TGE is more like a pricing event, not a starting point!
What is truly priced is not whether tokens are issued, but the roles, relationships, consumption, and the first time these are measured within the same market coordinate system. All previous interactions—companionship, usage behaviors—still remain within the internal system; TGE simply consolidates these long-term accumulations and provides a centralized feedback in the open market.
Issuing tokens alone is not particularly surprising. What’s remarkable is that before the token issuance, Kindred has already demonstrated role-based
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Talking is very important
1/ If you say you like someone else's wife, it sounds very inappropriate, right? But if you phrase it differently, saying the person you like has become someone else's wife, it immediately seems very deep and affectionate.
2/ If you say a female college student studies during the day and works at a KTV at night, people will think she is very decadent. But if you say she works at a KTV at night and still insists on studying during the day, others will think she is very hardworking.
3/ Repeated failures make you seem incompetent, but if you keep fighting after failures,
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What did everyone do on the last day of 2025?
This year, for me, bad things > good things, but isn’t that life? While repeatedly being taught by reality, I learned to stand firm, digest, and keep moving forward.
Some answers I didn't get this year, but they no longer matter. More surprises and good things will come in 2026!
Happy New Year in advance to everyone! If you could summarize your 2025 in one sentence, what would it be? See you in the comments!
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Coinbase data shows that by 2025, the monthly trading volume of on-chain perpetual contracts will have reached $1.2 trillion. Behind this figure, it indicates that the focus of derivatives is shifting from centralized platforms to on-chain structures.
This round of growth is not driven by sentiment but is jointly propelled by trading experience, capital efficiency, and composability. An increasing amount of trading volume is choosing to be executed on DEXs, where perpetual contracts are no longer just supplements but the core amplifiers of on-chain liquidity. Data from Coinbase essentially con
SUI9,22%
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New traders entering Orderly are clearly accelerating!
In the past 7 days, 25,960 new traders have joined, compared to 20,921 in the previous week, a week-over-week increase of 24.1%. The daily average of new accounts has also risen from 2,989 to 3,709, not just a spike at a single point, but an overall upward trend!
For trading infrastructure, such data is often more valuable than trading volume itself. The continuous influx of new traders usually occurs under two conditions: stable execution experience and market depth sufficient to support real trading demand. Otherwise, growth will quickly
ORDER5,19%
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MemeMax is back in action!
Now, just participate in the New Year Wishes event and @MemeMax Intern, you have a chance to win a gift pack!
My 2026 wish is simple:
Less emotional trading operations, more structured judgment and inspiration for passive income models; not chasing the hottest narratives, but standing in truly emerging ecosystem projects, airdrops overflowing for projects you support, and top rankings!
Finally, of course, I hope the MemeCore ecosystem continues to develop, MemeMax can become the engine driving the ecosystem forward, and Kaito's support activities for MemeCore never s
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The models are getting bigger, their capabilities are becoming stronger, but there is also a problem that is expanding in tandem!
Verification is struggling to keep up with the speed and complexity of reasoning.
As the reasoning process becomes increasingly opaque, the source of the model gradually blurs, execution paths cannot be reconstructed, and trust naturally collapses. Not because the system is faulty, but because no one can prove it is error-free.
This is the essence of the "verification gap." It’s not that AI is not advanced enough, but that there is a lack of a way to confirm what mo
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This year, Beldex focused on its ecosystem and has now reached a certain scale!
The entire chain and ecosystem are advancing together: BChat, BelNet, Beldex Browser, and Beldex Wallet are all continuously evolving, filling in features, refining user experience, and progressing in sync around the core goal of privacy. The adoption of BNS has noticeably accelerated, with more and more people using domain names instead of addresses to establish private identities; BelNet has added exit nodes, expanding network layer privacy; the number of master nodes is steadily increasing, simultaneously enhanc
BDX0,52%
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MemeMax merges two unrelated things!
Perp DEX and Meme culture have historically been two separate paths.
One pursues efficiency, depth, and structure,
The other driven by emotion, rhythm, and consensus.
MemeMax places these two elements within the same system. Based on MemeCore, it’s not just about trading Meme, but redesigning a perpetual trading structure around Meme’s volatility, speed, and participation methods.
This is not a slow-thinking market, but a space for traders who react quickly, execute fast, and are highly sensitive to emotional shifts.
When Meme becomes an asset, and emotions
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