Tizzy🐼

THIS WEEK’S TOKEN UNLOCKS November 1–7, 2026 Several notable token releases are scheduled this week, led by HYPE, BTW, KITE, M and STABLE. TOP 10 TOKEN UNLOCKS ▹ NOV 6 | @HyperliquidX ($HYPE) ✧ Up to 9.92M HYPE · ~$873M headline value · 4.14%. Scheduled maximum, not confirmed circulation. About $15.8M is currently tracked as committed. ▹ NOV 2 | @BitwayOfficial ($BTW) ✧ 101.62M · ~$111.8M · 3.37%. ▹ NOV 3 | @GoKiteAI ($KITE) ✧ 640M · ~$74.6M · 17.4%. ▹ NOV 1 | @MemeCore_M ($M) ✧ 56.11M · ~$53.1M · 2.4%. ▹ NOV 4 | @MMTFinance ($MMT) ✧ 252.7M · ~$32.6M · 294% of reported circulating supply. ▹ NOV 7 | @Stable $STABLE ✧ 888.89M · ~$23.3M · 4.9%. ▹ NOV 2 & 5 | @ethena ($ENA) ✧ 134.38M combined · ~$25.4M · 1.00%. ▹ NOV 1 | @SuiNetwork ($SUI) ✧ 13.15M · ~$11.8M · 0.3%. ▹ NOV 1 | @eigenlayer ($EIGEN) ✧ Approximately $6.37M in scheduled unlocks. ▹ NOV 1 | @zetachain ($ZETA) ✧ 44.26M · ~$1.72M · 2.67%. OTHER UNLOCKS NOV 2: $STO, $OPN NOV 3: $KITE, $CHEEL NOV 4: $LA, $SD NOV 5: $KTA NOV 6: $QUAI, $RESOLV • XRP ESCROW NOV 1: Ripple was scheduled to release 1B XRP, though much of it is typically relocked. Unlocks do not automatically mean selling pressure. The impact depends on recipients, actual circulating supply, liquidity and demand. Dollar values are estimates and schedules may differ across tracking platforms. That’s it for this week’s token unlocks. See you on the next one.

$34.1B IN REAL-WORLD ASSETS IS NOW ON-CHAIN. HERE’S WHAT HAPPENS NEXT. I checked the October 30 @DefiLlama RWA dashboard, and the gap between tokenization and DeFi adoption is worth looking at. ↳ $34.092B total on-chain RWA AUM ↳ $30.689B active RWA AUM ↳ $4.316B DeFi active TVL ↳ $510.43M added over 30 days DeFi active TVL grew approximately 13.4% monthly, representing around 14.1% of active RWA AUM. ⊹ THE PROTOCOLS CONNECTING RWAs TO DEFI ▹ Lending: @Morpho ($891.2M), @KaminoFinance ($425.4M), @aave ($378.3M) and @eulerfinance ($96M). They provide lending markets, allowing eligible assets to support borrowing and capital allocation. ▹ Institutional credit: @GrovedotFinance ($395.1M). Grove connects capital with institutional credit and financial strategies within the Sky ecosystem. ▹ Yield trading: @pendle_fi ($363.5M). Enables users to separate and trade principal and future yield exposure. ▹ Stablecoin infrastructure: @fraxfinance ($96.7M). Provides stablecoin infrastructure supporting liquidity and settlement. ▹ Decentralized trading: @Uniswap ($77.2M). Provides exchange infrastructure for trading eligible tokenized assets. ▹ Institutional lending: @aave Horizon RWA ($122.6M) and Aave V4 ($90.1M). Horizon targets institutional RWA lending, while V4 introduces a new lending architecture. These figures represent tracked RWA-related DeFi TVL, not total protocol TVL or revenue. ⊹ THE ISSUERS MATTER TOO According to @RWA_xyz’s October 29 asset-manager data: ↳ Tether — $3.029B ↳ BlackRock — $2.874B ↳ Franklin Templeton — $2.685B ↳ Circle — $2.374B ↳ Amundi — $2.124B ↳ Paxos — $1.796B ↳ Maple — $1.243B ↳ Blockchain Capital — $940.1M ↳ Anemoy — $899.3M ↳ JPMorgan — $890.8M ↳ WisdomTree — $784.5M These figures cover different tokenized financial products, including Treasuries, private credit and other assets. The opportunity goes beyond issuing tokens. It lies in making eligible assets usable, liquid and economically productive. I’d focus on actual usage, liquidity, protocol revenue and whether that value reaches token holders. Tokenization brings assets on-chain. Utility drives adoption. Sustainable economics create lasting value. This is my opinion based on the data I’ve reviewed, not financial advice.

MIDWEEK ALPHA v.09 THE SECURITY GAP BEHIND HARDWARE WALLETS The Ledger–CryptoBilis incident highlighted a risk many crypto users overlook: a hardware wallet can protect your private keys while another part of its security system remains vulnerable. Ledger reported an unauthorized hardware implant that could capture recovery phrases during setup and transmit them over a mobile network. This got me looking beyond brand names and into the security designs themselves. ▹ THE WEAKNESS IS NOT ALWAYS THE CHIP ✧ A PIN may protect a stolen device, but an exposed recovery phrase can allow someone to restore your wallet elsewhere. ✧ A Secure Element protects sensitive key operations but cannot guarantee every component is genuine. ✧ Air-gapped signing reduces certain network risks but does not eliminate physical tampering. Protecting your keys is not the same as protecting your entire custody setup. ▹ DIFFERENT WALLETS, DIFFERENT APPROACHES ✧ @Ledger: Secure Element-based key protection. ✧ @Trezor: Open-source firmware, with Secure Elements on supported models. ✧ @COLDCARDwallet: Bitcoin-focused security and offline transaction signing. ✧ @KeystoneWallet: QR-based air-gapped signing. ✧ @ngrave_official: ZERO uses air-gapped communication. ✧ @CypherockWallet: X1 distributes recovery material using Shamir Secret Sharing. ✧ @gridplus: Lattice1 uses dedicated hardware for transaction signing. These features address different threats. Open-source firmware improves inspectability, air-gapping reduces certain connectivity risks, and distributed recovery reduces dependence on one backup. None eliminates every attack. ▹ WHAT I WOULD CHECK ✧ DEVICE ORIGIN: Buy through a verifiable source and follow the manufacturer’s authenticity checks. ✧ RECOVERY: Generate your own recovery phrase during secure initialization. Never enter it into a website. ✧ TRANSACTIONS: Verify recipient addresses, amounts and permissions on the wallet before signing. ✧ BACKUPS: Consider distributed recovery or multisignature custody for substantial holdings, provided you understand the added complexity. ✧ EMERGENCY PLAN: If your recovery phrase is exposed, generate a new one on a trusted device and transfer your assets. Never reuse the compromised phrase. ▹ THE LESSON CT NEED TO TAKE: I would not choose a hardware wallet based solely on its reputation or security features. I would examine what it protects, what remains exposed and what happens when one layer fails. The goal is not simply to keep your keys offline. It is to prevent one compromised component from putting your entire portfolio at risk. That is the difference between buying a hardware wallet and understanding self-custody. If you found this useful, leave a like and share your thoughts below. See you on the next one.

IDENTITY MD ($IMD) THE AI WORKFORCE ECONOMY $IMD started as a game token. Identity MD is turning it into the economic layer for an AI workforce. 2,000 NFT seats → AI workers → verified jobs → onchain reputation → $IMD $FP → Ethereum Oct 2025 → $VIBE Jan 2026 → $IMD May 2026. The May rename introduced 2,000 free identity.md NFTs. Each is a work permit for one computer. The holder supplies the machine and AI subscription, registers the agent through ERC-8004 @8004_org and runs the open-source worker. Jobs include code, websites, research, audits, launches and oracle requests. Job → seat → AI work → isolated verification → agent review → onchain reputation. 25 SEPTEMBER SNAPSHOT ✧ 380 seats enrolled ✧ 372+ agents online ✧ ~780 NFT owners ✧ 43,800+ accepted submissions ✧ ~17.3B inference tokens ✧ ~86% accepted Top 10 seats produced ~8.5% of accepted work. Top 50 produced ~32%. External users pay 0.5 $IMD per request through x402 @x402protocol. ✧ 115 paid orders ✧ 57.5 $IMD spent ✧ ~$560 This is the key number. Large job counts show activity. Recurring external orders show demand. $IMD pays for work and powers Community Coins, burn and staking mechanisms. Contract: 0xD34a99Bc0f67aE1bbd63C660e6d0b0dd03E263B7 10M $IMD were originally minted. No new supply has been created. ~7.1M remained in the September snapshot, meaning ~29% had been removed. Supply is bridged 1:1 across Ethereum @ethereum, Base @base and Robinhood Chain @RobinhoodChain. POOL4 is the protocol-owned ETH and $IMD pool on Uniswap v4 @Uniswap. Its hook caps $IMD inventory. When sells push the pool above the cap, excess is trimmed. For every 100 $IMD: ✧ 85% burned ✧ 6% bonding reserve ✧ 4.5% stakers ✧ 4.5% NFT inference nodes The 1% swap fee is protocol revenue, separate from the burn and reward flow. Staking uses sIMD, an ERC-4626 vault share. The staking allocation is live; bonding and node allocations are currently reserves, not live products. POOL4 is experimental and unaudited. Community Coins lets anyone launch a token with bonding curves priced in $IMD rather than ETH. Launch → trading → $IMD demand → burn Early October: ✧ ~208 coins ✧ ~681 ETH volume ✧ ~3,957 $IMD burned These are not official IMD products. Check the contract. ✧ @IdentityUnits — NFT creation and review ✧ @HIVE_imd — pooled seats and hosting ✧ @SuperIMD_eth — paid swarm jobs ✧ @blueprintimd — community-directed builds ✧ @imddrones — drone NFTs ✧ @imdusd — agent-priced stablecoin experiment ✧ @swarmpepes — swarm-created collection ✧ @IMDTools — jobs, launches and oracle ✧ @Pepesdotfamily — Robinhood Chain development Identity MD’s first hackathon runs 7–21 October, with winners by 23 October and a $15K+ pool. Projects must launch through the explorer and build beyond a plain token. The oracle is another potential use: Question → multiple agents → quorum → signed result → smart contract If protocols eventually pay for these answers, IMD could move toward machine-verifiable information infrastructure. Still a thesis, not a proven market. @virtuals_io: One agent → its own token → users → revenue IMD: 2,000 seats → shared workforce → one economic layer → jobs and verification The difference is individual agent economies versus a coordinated machine workforce. Hold or stake $IMD → bet on the token economy. Run a seat → supply AI work and pay model costs. Pay 0.5 $IMD → buy work from the swarm. Identity MD already has the seats, agents, work history, token mechanics, launchpad, oracle and ecosystem. The missing piece is sustained external demand. Until strangers consistently pay for the output, Identity MD is an impressive AI coordination experiment, not a proven business. That makes paid order count more important than NFT floor or agent count.

THIS WEEK’S TOP 10 TOKEN UNLOCKS SEP 27 – OCT 3, 2026 More than $230M worth of tokens are scheduled to unlock across these 10 tokens this week. DeFiLlama’s broader 7-day tracker shows around $390M in total. THE 10 TO WATCH: $2Z — Oct 2 ~$97–115M unlock → ~47.7% of circulating supply 1.66B tokens · largest unlock of the week $M — Oct 2 ~$68–69M unlock → ~2.5% of circulating supply $ENA — Oct 2 ~$11M unlock → ~0.45% of circulating supply $KMNO — Sep 30 ~$10.8M unlock → ~2.8% of circulating supply $CARDS — Sep 30 ~$10.7M unlock → ~6–11% of circulating supply $EIGEN — Oct 1 ~$9.7–10.3M unlock → ~4–5% of circulating supply $FF — Sep 29 ~$9.8–10.2M unlock → ~2.4% of circulating supply $GRASS — Sep 27 ~$5.4–6.5M unlock → ~1.55% of circulating supply $ZETA — Oct 1 ~$2.4M unlock → ~2.8% of circulating supply $CHEEL — Oct 3 ~$2.2M unlock → ~0.64% of circulating supply SEPARATE CASES: $HYPE — Sep 29 ~14.2M scheduled · ~$1.2–1.3B on paper This is a vesting limit, not a standard one-time unlock. Actual claims can be much lower. $XRP — Oct 1 Up to 1B XRP can come out of escrow (~$1.5B at current prices). Most is typically locked up again, so the full amount does not become new circulating supply. CBRSB — Sep 30 Cerebras stock lockup, not a crypto token unlock. That’s it for this week’s unlocks. See you next week with another update.

Nessy Genesis WL Campaign is Now Live I’m excited to support the launch of Nessy Genesis, the first blue-chip NFT within the Endless ecosystem. A community-built and officially supported by @EndlessProtocol Foundation I’ll be giving out 10 WL Spots to my community (FCFS) How to participate: 1️⃣ Like + RT 2️⃣ Follow @Endless & @NessyNFT_xyz 3️⃣ Comment your Endless wallet address 4️⃣ Join the Discord: discord.gg/endlessprotocol Note: The Supply is only 1,888 total whitelist only, no public mint. Don’t miss this guys Here are the benefits of being an Holder: • Premium OG ecosystem access • Staking incentives • DAO governance rights • Future airdrop eligibility