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The Hack VC Founders Hotline has been live for over 3 weeks now. Some stats to share:
- We’ve received 243 submissions
- We’ve responded to every single one of them (if you submitted before 4/27)
- We are diligencing 18%
- We asked to schedule calls with 10%
Thanks everyone for all the awesome submissions!
If you are building something cool, hit us up on our hotline (link below). We are actively monitoring and will get back to you within 1 week.
Great insights from portfolio company @MeckaAI.
Great to see @ereborbank secure new funding for the next stage of their work.
Robinhood Ventures Fund I (RVI) has invested $30M in @ereborbank, a bank building for the next generation of American innovation.
Learn more: rbnhd.co/rvi-erebor
Great to see continued momentum from the @ionet team.
Big congrats to @fhenix on today's launch!
Great to see @Stable deepen their work on stablecoin infrastructure.
Bridging onchain settlement with real-world payment infrastructure is essential to making stablecoins more accessible and useful at scale.
We're happy to contribute alongside industry partners to the upcoming whitepaper by @InterlaceMoney, exploring the next phase of stablecoin payments.
Great piece from @Morpho's @PaulFrambot on how they're bringing receivable-backed credit markets onchain
Heading to @money2020? Be sure to connect with the @m0 team while you're there.
Great to see @variational_io continue to iterate and ship.
Welcome back to the Variational biweekly update!
PRODUCT
➡️ The most recent mainnet release was v0.38.1
➡️ Improvements to portfolio page
➡️ Extended QR-linked mobile session log in timer to 30 days
➡️ Preparations for trading API release
➡️ /v2/stats read API endpoint
METRICS
➡️ Total Volume Traded: $417.92B
➡️ Current Dual-Sided OI: $2.04B
➡️ TVL (Excludes OLP Hedging Accounts): $290.88M
➡️ Total Markets Currently Listed: 575
➡️ Total Rewards Claimed: $8,831,643
➡️ Total Losses Refunded (Sunset): $4,559,196
➡️ Total Referral Rewards Claimed: $4,272,447
➡️ 2w Spreads Paid (Gross Revenue): $6,561,755
➡️ 2w Net Revenue: $3,682,137
➡️ 2w Rewards: ($303,768)
➡️ Referral Rewards: ($303,768)
➡️ 2w Net Profit: $3,378,369
➡️ 2W Protocol Treasury Inflow: $1,312,351
➡️ 2W OLP PnL: $2,066,018
➡️ Lifetime OLP PnL: $23,424,969
➡️ Current Protocol Treasury Holdings: 11,077,933 USDC
Thank you for your continued trust and support!
Crypto miners helped lay the groundwork for the AI buildout.
@alpackaP broke down the early days of AI infrastructure and how DeFi could help fund its next phase during his presentation at @token2049 Singapore.
Watch the full presentation:
youtu.be/24Yn4vR1jRQ?si=EqgS…
Great to see @SX_Bet reach another important milestone.
Crypto’s two largest application ecosystems still operate like separate worlds.
Builders duplicate products, institutions duplicate controls, and users and capital remain fragmented.
@RomeProtocol is turning that boundary into one connected market.
Rome has also tested a Token-2022 transfer-hook path that invokes EVM policy logic.
Its initial focus is permissioned assets and compliance-sensitive workflows, where maintaining two operating environments creates the most friction.
Rome’s broader thesis is that applications will increasingly be judged by how much of the onchain economy they can serve, rather than the chain where they started.
Learn more:
rome.builders
