Entropy just had its biggest week ever on @HyperliquidX $568.4M in perp volume from Oct 12 to 18, 37% above its previous best of $415.9M. Volume is up 79.5% week over week, and its share of all Hyperliquid volume climbed from 0.63% to 0.92%. xyz still dominates HIP-3, but @entropyIO, the #2 deployer, is closing in 👀

Uniswap fees by chain, last 4 weeks (Sep 14 – Oct 11): 1. Robinhood Chain: $56.3M 2. Ethereum: $26.2M 3. Base: $12.4M 4. BNB Chain: $6.8M 5. Polygon: $1.1M @RobinhoodApp Chain has out-earned Ethereum mainnet on @Uniswap every single week since late July. 11 for 11. But the lead is shrinking fast: 12.9x at the late-August peak, 1.5x by mid-October. Aggregator Hooks just went live on both. The flip-back watch starts now.

Robinhood Chain is fomo's biggest cross-chain lane, and it isn't close. Stablecoins leaving each chain on fomo's Relay routes, last 4 weeks: Robinhood Chain: $465M BNB: $117M Base: $51M Ethereum: $40M Arc: $20M That's the lane @fomo just took in-house with its own bridge, a day after @Pumpfun dropped @RelayProtocol and called fomo out.

Semis are cracking, and Hyperliquid traders are piling into the 3x semis ETF anyway. On Oct 15, xyz:SOXL did $200.0M in a single day, the biggest day in our data. Oct 12–18: $640.1M, 2.7x the week before. Even the weekend did $75.9M vs $7.3M the weekend before. One wallet just got liquidated on it twice in 4 hours and went long again. Conviction or tilt?

Transaction data tells you what happened onchain. But raw logs don't always tell you what a wallet actually did. GoldRush now supports Transaction Classification in the Transactions API, turning raw transaction data into readable actions. Here's how it works 🧵

Polymarket traders are moving past simple yes/no bets 👀 Multi-outcome market volume jumped 37.2% to $130.4M in the week of Oct 9 to 15. Yes/no markets fell 7.3% to $397.2M over the same week. In just 7 days, multi-outcome markets went from 18% of all @Polymarket volume to 24.4%. Prediction markets are getting more complex, and traders are following.

Tesla traders on Hyperliquid didn't wait for earnings. On Oct 16, five days before Tesla's Q3 report, the TSLA perp traded $276M. That's 11x a normal weekday and the biggest day. Last quarter, the peak came the day after earnings: $128M. This time the crowd moved first. Earnings-week data lands next.

Polymarket just had its busiest week for new markets in our data. 360,019 markets opened between Oct 9–15. That's a new one every 1.7 seconds. Up 26% on the week before, and Oct 11 set the single-day high at 66,361. The supply of things to bet on keeps hitting new highs. @Polymarket