上车的陈克

Robinhood’s technical base and authorization come from Arbitrum. The chain is an independent L2 operated by Robinhood itself. How does ARB get a share of its fee revenue? How do they split it?

1/10% of Robinhood Chain’s net protocol revenue goes to the Arbitrum ecosystem
a/8% → Arbitrum DAO treasury; ARB holders
b/2% → Developer Guild

2/90% Robinhood keeps about

This is bullish for ARB $ARB

$STRK has risen 130% in the past 3 days, climbing from 0.048 to nearly 0.12. The main reason is that it plans to transition from an Ethereum L2 into an independent L1 blockchain, and build the first quantum-resistant network in 2027! This is even faster than Ethereum.

The zero-knowledge proof sector is heating up! $STRK
It’s been rising for three days straight! The total supply is 10 billion! At 0.1 now, how much upside is there?

conflux
It’s up 35% in total over the past two days.
People on X are discussing China’s efforts to build a blockchain network. Since Conflux is currently the only legally compliant public blockchain in China, it’s benefiting from this wave: $CFX

Pow➕pos throughput of 15,000➕
Core➕espace dual network
There are NFTs from over 200➕ enterprises on the Core chain
It has the first RWA implementation in the country
It has bsim, bitunion, and axcnh

Here’s what China’s homegrown tech stack looks like
$CFX : Shanghai-backed public blockchain
$VET: supply chain tracking
$NEO: smart contract platform
$QTUM: a hybrid of UTXO and EVM
$ONT: identity and data layer
$CKB: Bitcoin’s UTXO layer
$MERL : Bitcoin 12
$BNB: gas for Binance Chain
$OKB: gas for X Layer
$MNT: Mantle I2 token
$TRX: stablecoin settlement
$ACH: fiat on-ramp
Perhaps one of these will become foundational
$CFX

Conflux is currently priced at less than 30% of its peak.
It’s highly dependent on mainland China’s policies.
People used to ask me, “What would it take for Conflux to have its day in the sun?”
For policies to become completely clear!
After all, it’s the mainland’s first mile.
Its on-chain ecosystem is well developed:
stablecoins, meme launch platforms, hardware wallets, on-chain payments, RWA.
It’s the Ethereum of mainland China. $CFX

The US government moved crypto again: 833 Bitcoin and 40,000 BNB, worth over $100 million, with some going straight to Coinbase Prime. They haven’t said they’re selling, but you know how it goes. Every time a government wallet moves, the market gets jittery. What do you think—is this just moving funds around, or a prelude to a sell-off? $BTC

Ledger is in trouble: hardware wallets sold by a Southeast Asian reseller were tampered with, and users’ recovery phrases were intercepted—$86 million vanished just like that. The worst part? The devices still looked brand-new. Would you really trust the packaging alone when buying a hardware wallet? Can self-custody still be trusted at all?

Robinhood Chain’s trading volume has dropped by over 40%. That’s probably why ARB has also fallen over the past two days, right? But this is a short-term fluctuation; the RWA narrative is still intact in the long run. $ARB

The 100 bitcoins mined 16 years ago for just a few cents suddenly moved. They’re now worth $8.5 million. Did this guy really forget about them, or did he deliberately hold on until now? When old coins wake up, what the market fears most is a sell-off. What do you think—is a dormant whale waking up like this bullish or bearish? $BTC

TreeGraph CFX shot straight up 17% today.
Is it about to take off now?
Last time I said 0.3 yuan—buy without thinking. I don’t believe it can go any lower.$CFX

Former Celsius boss Mashinsky sentenced to 12 years, fined $35 million, and banned from the industry for life.

He once touted it as “safer than banks,” but used customers’ money for high-risk bets and concealed losses. Thankfully, the bankruptcy process has returned $3.4 billion to customers.

But the question remains: How many more times are you willing to believe a centralized platform when it claims to be “safer”?

Zcash goes quantum-resistant in January; Ethereum pushes it back to 2029. Warnings that AI could crack wallets within months flood feeds, and ZEC drops 11% first. Are your coins really safe? $ZEC

Damn, institutions are fleeing even faster than retail investors. On October 7, U.S. spot BTC ETFs saw $487 million in outflows in a single day—the worst in six months. BlackRock’s IBIT alone lost $208 million, while ETH has been bleeding for seven straight days.

The trigger came from outside crypto: Treasury yields hit their highest level since 2002, oil prices neared $100, and the Fed hinted at another rate hike. With risk-free returns at 5%, nobody wants to hold non-yielding BTC. What stings even more is that the price has fallen below the ETFs’ average cost basis of 84,318; of the $429 million in liquidations, 87.5% were long positions.

Keep a close eye on ETF flows ahead of the Fed’s rate decision on the 27th. $BTC
#比特币ETF单日净流出2.44亿美元

Today, Samsung selected Sui as the blockchain infrastructure partner for Samsung Wallet’s stablecoin feature, enabling USDC on the Sui network to be used on Galaxy phones. Sui’s latest test speed has reportedly exceeded 40 million TPS. For small everyday payments, what really matters is speed first, fees second, and security third! #sui $SUI

Tree graph’s advantage yesterday has become today’s ceiling: “the only legally compliant public chain in the country.” Since the mainland hasn’t loosened restrictions, it’s impossible to attract large-scale users. While it has a complete ecosystem, it doesn’t have enough users.

But if one day, mainland policies and regulations become clear, it will definitely perform very well first. After all, it already has mature integrations for payments, RWA, stablecoins, and hardware wallets!
The mainland will eventually open up; the whole world will connect, just like the internet back then—only it hasn’t found the specific way to manage the blocks yet. Once it does, it will open. At the moment, Hong Kong 🇭🇰 is only piloting.
#conflux $CFX

At the Basecamp event synchronized with Token2049, SUI measured 40,614,180 TPS—40.61 million transactions per second on site, and the third-party security firm CertiK verified it on the spot. Sounds like an astronomical number, right? But I need to cool things off for you:
That figure is not the number of 40 million+ transactions per second that the SUI mainnet actually processes on-chain.
It relies on a system called Tunnels—off-chain tunnels.
In simple terms: transactions happen at high speed off-chain first, with no gas. Then, once the tunnel closes, the final state is settled back to the mainnet. All of that requires only two transactions (open + close). It’s fast and verifiable, but it’s not the same as the speed you’re used to when you send 1 U.
Let’s compare for a clearer perspective: Visa’s global network averaged only about 8,165 transactions per second in 2025. SUI’s 40.61 million is the ceiling of an extreme stress test, not everyday real throughput.
Three months ago, on May 4, SUI was at 6.08 million TPS. Now it’s more than 6 times higher. Mysten Labs’ CEO said this is paving the way for the AI agent era in advance—when thousands upon thousands of AI agents transfer and pay each other, you’ll need infrastructure like these pipelines to make it work.

My take:
The numbers are indeed mind-blowing, and CertiK’s verification is a plus. But everyday people shouldn’t get dazzled by a ten-thousand-word spectacle of digits. The real craftsmanship is whether this system can make it so you and I can transfer funds quickly, cheaply, and reliably too. Until then, it’s more like a beautiful $SUI

Two days, two exchanges, and both let AI trade your coins for you.
On October 5th, Binance streamed a show and came up with “Binance Intelligence.” The most ruthless part is AI Pro—when you just say in plain language, “Help me keep an eye on that pile of coins, and if it drops below a certain line, remind me,” it directly generates a runnable trading strategy, no code needed.

The next day, OKX in Singapore also followed suit, rolling out an “AI Bot,” using the same natural-language-to-strategy approach.
Add earlier releases too—Coinbase (June), Robinhood (September)—
One sentence:
The four major exchanges are all letting AI touch your money.
I’m not saying AI isn’t useful. It’s just that the rules are written way too blunt: if you lose, that’s on you.
This year, U.S. regulator FINRA called out three kinds of traps: executing without prior approval, making unauthorized moves, and being unable to trace decisions after the fact. Binance itself also said it can’t see the AI’s decision-making process.
It’s like handing your money to a robot you don’t really understand—if it buys wrong, you’re the one who has to take the blame.
Watching the market, checking data, and giving advice—AI is genuinely great. But handing your principal to a robot that basically says “if you lose, it’s not my fault” to buy and sell for you? I’m not there yet.
Would you dare let AI move your money? Drop your thoughts in the comments.
#上车的陈克

Why did the entire crypto market drop today? In one word: too much leverage—one spark was all it took to blow things up. Money was already drying up in October, while bulls were crowded around 84K, betting on a rally. A slight price dip triggered a liquidation cascade, wiping out hundreds of millions in long positions in ten minutes. Spot holders didn’t flee; it was the gamblers’ leveraged positions that got wiped out. Remember: a drop isn’t scary—borrowed positions are what can kill you.
—Attention, passengers getting on board: #比特币跌破8.4万美元