HODLong 后浪

Show Notes: 00:00 Introduction and Background about StandX and DUSD (why build together?)02:15 Evolution and Challenges of on-chain DEXs08:15 User Needs under Current Market Dynamics12:32 Product Design and User Experience16:41 Other Perp DEXs21:15 Risk Management and Regulatory Environment for Perp DEXs24:58 Market Competition and Strategic Positioning30:08 User Feedback and Product Iteration34:18 Summary and OutlookX: @StandX_AG / @StandX_OfficialWebsite: https://standx.com/  If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

Show Notes: 00:00 The Journey of Self-Reflection02:41 Understanding Failure and Fear05:25 Defining Success and Failure07:56 The Role of Trust in the Industry10:13 Navigating the Crypto Landscape13:03 The Evolution of Crypto Ventures15:33 Lessons from Early Experiences17:55 The Importance of User Value20:44 The Impact of Market Dynamics23:14 Reflections on Airdrops and User Engagement26:01 Navigating Challenges in the Crypto Space29:09 The Future of Crypto and Personal Growth38:34 The Call for Decentralization41:18 Building Jupnet: A New Era in Finance43:59 Innovations in Authentication and Sequencing48:49 The Multi-Chain Future: Embracing New Opportunities51:06 The Role of Empathy in Leadership59:54 Personal Growth and the Importance of Vision01:04:06 Studio and the Challenges of Launching Projects01:15:17 Focus on Building Strong Brands01:17:44 Navigating Support Frameworks and Expectations01:20:05 Leadership and Community Engagement01:23:00 The Importance of Sustainable Project Support01:26:18 Reflections on the JOO Token and Community Dynamics01:36:26 Rebuilding the Token Narrative and Community Trust X: @weremeow / @JupiterExchangeWebsite: https://jup.ag/ If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

Show Notes:00:00 Opening and self-introduction01:23 The development history of Layer 004:37 Market competition and partners06:47 Investment and market dynamics09:26 Future outlook and strategic direction16:33 The relationship between capital and the “interstellar arena”19:10 Challenges of consolidation and the management environment21:22 The impact of STG and market changes24:05 Voting mechanisms and team participation26:57 Buyback plans and use of funds29:36 The development and future outlook of Layer 032:37 Comparison the experience working with PayPal and Plasma35:45 Future challenges and opportunitiesX: @PrimordialAA / @LayerZero_Core Website: https://layerzero.network/  If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

02:04 Crypto Journeys: Soju and Zhen's Backgrounds04:27 Understanding Meteora: Current State and Future Vision06:49 Lessons from Mercurial: Token Migration and Community Support09:30 The Trump Token Launch: Behind the Scenes12:23 Positioning for Future Celebrity Launches14:59 Governance and Vetting Processes in Token Launches17:46 Dynamic Bonding Curve: Innovations and User Experience20:39 Dynamic Liquidity Market Maker: Features and Advantages23:24 Challenges and Future Developments in DLMM26:02 The Role of MET Token and Community Alignment28:32 Revenue Utilization and Buyback Philosophy31:10 Metrics for Success: Focusing on Fees33:45 Future Vision: What Will Meteora Look Like in Six Months? X: @MeteoraAG./ @0xSoju / @realdezen If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

Show Notes:Chapters 00:00 Introduction and Background of Lighter02:26 The Launch of Lighter and Its Features05:25 Transition from Private to Public Beta07:56 Trading Volume and Metrics10:37 Open Interest and Volume Dynamics13:31 Incentive Programs and User Engagement15:56 Points System and User Behavior18:42 Future Developments and Season Two21:27 Verifiable Matching and Liquidations24:09 Fee Structure and Token Philosophy24:45 Retail vs. Professional Trading27:12 Fee Structures and Trading Tiers29:00 Latency and Advantages for Premium Accounts32:43 Order Flow and System Verification35:40 Single Sequencer Challenges38:46 Auto-Deleveraging and Liquidation Processes41:33 Criteria for Asset Listings43:25 Community-Driven Regional Strategies If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

Show Notes:00:00 Sahej's Journey into Crypto and DeFi01:41 Building Avantis: Vision and Strategy04:40 Choosing Base: Strategic Decisions07:12 Market Dynamics and User Engagement09:48 Innovative Trading Models at Avantis12:30 Liquidity Provider Innovations15:29 Tokenomics and Community Engagement23:42 Strategic Buybacks and Growth Focus26:22 Balancing Token Holder Incentives and Team Sustainability29:00 Innovative Staking Mechanisms and Risk Management31:12 Leveraging AMMs for Unique Trading Features34:12 Scaling Open Interest and Market Maker Incentives37:10 Governance Dynamics and Community Engagement38:46 Navigating Partnerships and Market Dynamics45:05 Future Roadmap and Technological Innovations X: @0xSehaj / @avantisfi Website: avantisfi.com If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

In light of the kick-off of Points Program Stage 3 of Aster I'm publishing this episode recorded on September 29, 2025 with Leonard, CEO of Aster, on Aster's value proposition, all things related to the token transparency, Aster Chain, and future plans00:27 Leonard's Journey into Crypto03:56 Defining Aster's Current and Future Vision07:21 Aster's Unique Value Proposition09:57 Governance and Decentralization in Aster11:39 Leonard's Preference on Other DEX Products13:39 The Dark Pool Design Explained18:36 Tokenomics and Supply Dynamics23:57 Genesis Stage 2 / 3 Points Program28:16 Spot Trading and Liquidity Development33:05 Postmortem on XPL Incident35:31 Oracle and Tokenized Stocks37:17 Token Buybacks Philosophy43:04 Product Features and User Demographics46:31 Aster Chain and Future Directions51:02 Market Maker Program and Mobile App DevelopmentX: @LeonardAster/ @Aster_DEX Website: https://www.asterdex.com/ If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

In this hyper-casual episode (probably one of the most casual episodes I've ever had 😂) I invited Ogle to talk about all things Glue and America.fun 00:00 Introduction and Ogle's Introduction03:58 Exposing Industry Crimes06:57 The Vision Behind Glue09:15 User Acquisition 11:41 Bring Older Generations into Crypto14:44 Glue's Onboarding Experience17:13 Technical Architecture and the Use of Substrate22:44 Future Plans for Glue and America.Fun33:47 The Unique Features of America.Fun36:42 Relationships in the Crypto Space39:39 The American Ethos and Its Impact on Business45:14 Project Launch Strategies and Community Engagement52:16 Criticism and Haters in the Crypto World X: @cryptogle If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

Note: there was a small piece (about 5 mins) missing from the recording (yes, sorry, Yoaquim rugged - he didn't finish uploading xd). If you want to see the full livestream, please go to: https://x.com/Mable_Jiang/status/1971575903491940630 01:34 Transition from VC to Building04:22 Discussion on Quanto and Migration from OX07:13 User Experience and Team 09:35 Handling User Funds10:17 Choosing Solana as the Main Venue12:28 Recent Market Events and Community Response15:23 Design and Functionality of Quanto18:05 Proof of Reserves and User Verification20:35 Withdrawal Processes and Risk Management22:22 Tokenomics and QTO Flywheel31:13 Future Plans and Partnerships34:02 Market Expansion and Asset Listings X: @yqboom / @quantoWebsite: https://quanto.trade/en If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

I haven't caught up with Santi for a while. In light of his recent raise I invited him for the first time to HODLong. In this conversation he shared a lot of his thinking about why he hop on to the founder seat and built Inversion. Full of genuine takes and insights - a highly recommended episode.Inversion is hiring! 00:44 Santiago's Early Interest in Crypto05:07 The Challenges of Startups in Crypto07:54 Inversion: A New Approach to Business Efficiency11:14 Defining Inversion for Non-Crypto Users15:19 Targeting Telecom and Financial Services20:19 Interoperability and Existing Crypto Companies26:36 Acquisition Strategy and Market Dynamics36:08 The Future of Consumer Adoption in Crypto36:53 Investor Dynamics and Strategic Partnerships41:25 Acquisition Strategies and Business Integration44:44 Target Markets and Regional Insights49:53 Building a Sustainable Business Model52:25 The Importance of Timing and Market Readiness55:42 The Transition from Investor to Founder58:24 Ego, Confidence, and Leadership in Entrepreneurship01:03:41 Mission Alignment and Team Dynamics X: @santiagoroel / @inversion_capWebsite: https://www.inversioncap.com/ If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。