Maestro Monologues

IBKR forex rates are unbeatable but their UIUX is honestly pretty terrible. I still find myself trying to figure out the right settings to place orders and optimising it for monitoring. Futu's platform - Moomoo is actually more similar to CEXes and much easier to navigate.

https://x.com/zerohedge/status/2086967009405727221?s=20 Majulah Singapura Also explains the DBS pump today

The SG national day parade is so cringe. Jfc.

https://www.channelnewsasia.com/business/dbs-posts-record-q2-profit-raises-2026-guidance-6302301

https://www.channelnewsasia.com/business/dbs-posts-record-q2-profit-raises-2026-guidance-6302301

I see many discussions about VAR points recently. OTC market prices are extremely illiquid and doesnt really serve as a good benchmark for valuation. Take the current chatter with a grain of salt until the team announces the following: 1. The initial token allocation to points holders 2. The token’s utility 3. How the treasury will be used to support the token More importantly: 1. Will people continue to use the platform post-points? 2. Is the product differentiated enough to sustain growth post-points? 3. Will Variational Pro and Swaps further pick up further traction post-points? If your answer to all three is yes, the key question is not the current OTC price. It is what a fair FDV would be and where you would want to enter after TGE. Personally, I think the higher-EV approach is to use the platform if you find it useful and track the platform’s underlying metrics over time while waiting for your preferred entry around TGE.

Nice market open 👀

TLDR Variational's upcoming RWA swap product will have : - Predictable carry rates - Tradfi level liquidity - Reduces wild wicks due to lack of liquidity Which raises the question, will swaps cause a ripple effect where MMs arb the funding rates and volatile wicks to stabilize RWA funding rates and reduce wild wicks across RWA perps markets? Or will the launch of swaps shift the focus of RWA leverage traders towards swaps and siphon market share from perps market? My guess is that both will happen in the near term but on a longer horizon the latter has a pretty good chance of happening. gVAR https://x.com/i/status/2082294867871547453

Elfa just launched Iris - a real time Intel stack for AI Agents. Real-time triggers on news instead of predetermined periodic polling. Sounds pretty nifty for traders like me. Will be testing it out for a few days to see how the product performs. https://x.com/elfa_ai/status/2082058492366758108

Closed out my BTC shorts. Extreme fear in the markets right now. Gona move profits to stack more Tradfi stocks. Been thinking how to position my tradfi portfolio over the past few days. - DBS remains a core anchor in my port. OCBC and UOB are decent as…

PERP DEX OSTIUM APPEARS TO HAVE BEEN EXPLOITED FOR $18M: ONCHAIN SOURCE

https://www.galaxy.com/newsroom/galaxy-launches-gofr Pretty nifty to have blended lending rates and loss protection on top of that.

Just In: Coinbase Opens Registration to Users in China On July 14, multiple social media users reported that Coinbase had opened account registration to users in China. Wu Blockchain confirmed the change with Coinbase staff, who said users can now complete verification using a Chinese national ID and a mainland China address. Previously, the process required a Chinese passport and a Hong Kong address. — link

$72 DBS. D05 gud stock

New DBS ATH. $68 SGD. Congrats to all fellow D05 maxis.

ASCENDEX ANNOUNCES CESSATION OF OPERATIONS AND SHIFTS TO MANUAL WITHDRAWAL REVIEWS SOURCE

DBS still in up only mode. Tradfi Portfolio ATH 😂 Been a pretty good year so far

Heading over to Tokyo for WebX soon~ Gona be my first Crypto Event this year after Token2049 Dubai got cancelled. If anyone wana meet up to chat about stablecoins, payments and crypto as a whole - HMU.

https://joinopenstandard.com/blog/introducing-open-usd Visa, Stripe and Mastercard backed Stable announced. Probably gona be the dominant stablecoin in years to come. "Businesses across industries have signed up to use Open USD, including: Visa, Stripe, Mastercard, American Express, Discover, Fiserv, Adyen, Cloudflare, Corpay, Jack Henry, Klarna, Affirm, Ramp, OnePay, Brex, Checkout.com, WEX, PayPay Corporation, Western Union, Nuvei, Remitly, Ria, Marqeta, MoneyGram, Nium, Worldline, Galileo, Highnote, i2C, Lithic, Thredd, Episode Six, Verituity, Félix, Taptap Send, CAL (Israel Credit Cards) BlackRock, BNY, Standard Chartered, Commonwealth Bank of Australia, Sumitomo Mitsui Financial Group, Intercontinental Exchange, National Australia Bank, DBS, U.S. Bank, BBVA, Mizuho Financial Group, Shinhan Financial Group, Westpac, Itaú, OCBC, ANZ, UOB, Chime, Banco Bradesco, Huntington Bank, Citizens Bank, KB Kookmin Card, Emirates NBD, Hanwha Group, Banorte, Bank Hapoalim, FNB South Africa, K Bank, SoFi, Woori Card, Absa, Kakao Bank, Samsung Card, Bank Leumi, Wenia by Grupo Cibest, Nedbank, Isbank, Abu Dhabi Islamic Bank ADIB, Banco de Crédito del Perú, Mashreq, RAK Bank, Hana Card, Hyundai Card, BCcard, Cross River, Grupo Aval, Davivienda, The Bancorp, Pathward, Banca Transilvania, Nonghyup Card, Neo Financial, Maya Bank, Netbank, Freedom Bank Kazakhstan, Lead Bank, Kapital, MAX Google, Samsung Electronics, IBM, Shopify, Mercado Libre, Mercado Pago, Infosys, DoorDash, Wix, Grab, Rakuten Group Coinbase, Tempo, Bybit, Solana, OKX, Ripple, Crypto.com, Fireblocks, Gemini, MetaMask, Aave, eToro, Galaxy, Dunamu, Ledger, MoonPay, Anchorage Digital, Digital Asset, Trust Wallet, Meow, Morpho, Ether.Fi, Lightspark, zerohash, Bitso, Bridge, Rain, BVNK, Mesh, Privy, Bitget Wallet, StraitsX, Yellow Card, Reap, Brale, RedotPay, Immersve, Stellar, Polygon, Aptos Labs, Plasma, KAST, Blossom, Lemon"

Wew Germany is out of the World Cup