Michael Nadeau | The DeFi Report (@JustDeauIt) / X

Michael Nadeau | The DeFi Report

4,824 posts

Michael Nadeau | The DeFi Report

@JustDeauIt

Founder @ The DeFi Report | Access TDR Pro and get one month free: thedefireport.cc/x

Not Financial Advice

linkedin.com/in/michael-aus…

Joined May 2020

@JustDeauIt

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Michael Nadeau | The DeFi Report
@JustDeauIt
Aug 7, 2024
So now you’re gonna tell me that: 1. Bitcoin just experienced its first 33% correction of the bull run (two prior 20% + corrections). SOL corrected 45% (two prior 45% + corrections). ETH 38% (two prior corrections of 30% and 32%). 2. Funding rates have fully reset. Supply
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Michael Nadeau | The DeFi Report
@JustDeauIt
Mar 12, 2025
Is anyone safe using DeFi? A user on @Uniswap v3 was just sandwiched attacked out of $216k while simply trying to swap $221k USDC to USDT. Mind you, this was a pool that had over $35m of USDC and USDT it. This is insane. How did it happen? An MEV bot front-ran the tx by
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Michael Nadeau | The DeFi Report
@JustDeauIt
Mar 6, 2025
I continue to see misleading analysis about "Solana fees outpacing Ethereum" Don't get me wrong. The Solana growth arc is impressive. But if you look under the hood, it looks like a house of cards. Case & point: Over the last 30 days, 95% of Solana's total fees (base +
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Michael Nadeau | The DeFi Report
@JustDeauIt
Nov 24, 2024
. @Aptos has spent $494 million in 2024 to generate $1.38 million in user fees. That's $358 spent for every $1 of fees. If you're an investor in Aptos, you might be wondering where the $494 million went. It went to Aptos validators, of which there are 151. That's about
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Michael Nadeau | The DeFi Report
@JustDeauIt
Dec 31, 2024
Is @MustStopMurad right? We don't know for sure. But the more I dig into the data, the more interesting the setup looks for @spx6900: 1. SPX has 32% of WIF's tokenholders/unique wallets. It has less than 20% of PEPE's holders. 2. But SPX has more holders with greater than
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Michael Nadeau | The DeFi Report
@JustDeauIt
Jan 17, 2025
Is @spx6900 the "Bitcoin of memecoins?" I think there's a valid argument to be made here given its median holdings on Ethereum are nearly 4x greater than any other top meme. I spent the last few days combing through onchain data of the top 12 memes (excluding doge). Why?
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Michael Nadeau | The DeFi Report
@JustDeauIt
Dec 7, 2024
I don't often buy memes. But when I do, here's what I look for 👇 [+ why @spx6900 is one I've been able to build conviction on] 1. Lots of evangelists and social media presence (mindshare/attention) *SPX Twitter handle has grown from 9k to 52k over the last few months. Its
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Michael Nadeau | The DeFi Report
@JustDeauIt
Jan 15, 2025
Been combing through onchain data to try to identify outliers in the memecoin space and @spx6900 is standing out in just about every dataset For example, it's the only top memecoin (not including AI coins) that has grown its number of wallets holding $100k + over the last 30
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Michael Nadeau | The DeFi Report
@JustDeauIt
Mar 23, 2025
Ethereum becoming the default chain for RWA’s. Good for Ethereum. Not good for @MANTRA_Chain, @OndoFinance and anyone specializing in RWA’s
Thomas Kralow
@TKralow
Mar 23, 2025
Fidelity files for On-Chain US Treasury Fund on Ethereum. Launch by May 30, if approved. $5.8T giant doubles down on tokenization. They’re moving fast. Are you? Stay sharp.
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Michael Nadeau | The DeFi Report
@JustDeauIt
Jan 22, 2025
Great thread on @spx6900 distribution. A clean report card that aligns with my analysis. P.S. I shared a data-driven deep dive on the top 12 large-cap memes in the space last Friday with readers of @the_defi_report $SPX stood out on almost all the metrics we looked at.
Bubblemaps
@bubblemaps
Oct 16, 2024
A deep dive into #SPX6900 distribution A good example of a decentralized, viral memecoin With no clusters ever holding more than 15% of the supply throughout the token's history 🧵👇
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Michael Nadeau | The DeFi Report
@JustDeauIt
Sep 6, 2024
. @Uniswap did 81% of @coinbase trading volume in Q2. It did 65% of @RobinhoodApp's volume. Meanwhile, Uniswap has just 3% of Coinbase's workforce and 4% of Robinhoods. A 🧵on @Uniswap's market share within crypto across 6 different KPIs using @tokenterminal new dashboard
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Michael Nadeau | The DeFi Report
@JustDeauIt
Sep 1, 2025
SPX6900 didn't just meme "culture." They memed *conviction.* This is something that has consistently appeared in our onchain data. Here we have "Whale Retention" It's showing the total number of wallets holding SPX6900 that have ever hit $100k in total value. We
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Michael Nadeau | The DeFi Report
@JustDeauIt
Jan 16, 2025
As I was saying.... Whale retainage gives us a view into the conviction of large holders. Are large holders dumping on every move to the upside? Or is there something else going on that indicates conviction, belief, or unrelenting delusion? @spx6900 and @gigachad standing
Michael Nadeau | The DeFi Report
@JustDeauIt
Jan 15, 2025
Been combing through onchain data to try to identify outliers in the memecoin space and @spx6900 is standing out in just about every dataset For example, it's the only top memecoin (not including AI coins) that has grown its number of wallets holding $100k + over the last 30
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Michael Nadeau | The DeFi Report
@JustDeauIt
Oct 31, 2024
So many bad takes on the timeline regarding Ethereum vs Solana right now. It's about time we cut through the noise with a data-driven approach. That's why I created an absolute banger of a dashboard comparing the economics of the two networks across: 1. Go-To-Market Strategy
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