Plasma's Successful Launch, Revenue Over TVL & the Future of Pump.fun - Ep. 910
Unchained26 Sep 2025

Plasma's Successful Launch, Revenue Over TVL & the Future of Pump.fun - Ep. 910

How do stablecoin-first blockchains win distribution? Does TVL actually map to value? And why speculation may become the default language of online culture. In this 3-part episode, we explore three different important stories. Segment 1: CoinFund’s Seth Ginns explains how newly launched stablecoin chain Plasma aims to compete, plus why the “stablecoin race” with Circle and Stripe is just beginning. Segment 2: Solana Foundation president Lily Liu lays out why revenue—not TVL—should be crypto’s north-star metric, whether TVL can be easily gamed, and what a better DeFi metric stack looks like. Segment 3: Figment Capital’s James Parillo makes the case for Pump.fun and “AudienceFi”: how creator coins can financialize streaming, whether token collapses are a feature, and why both perps and memecoins rhyme with gambling. Thank you to our sponsors! TOKEN2049 - Get 15% off with code UNCHAINED Binance Guests: James Parillo, General Partner at Figment Capital Lily Liu, President of Solana Foundation Seth Ginns, Managing Partner and Head of Liquid Investments at CoinFund Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(1088)

The Chopping Block: Perps, Privacy & Prediction: Aster vs. Hyperliquid, Zcash Pops, Polymarket Soars, Galaxy One Debut - Ep. 921

The Chopping Block: Perps, Privacy & Prediction: Aster vs. Hyperliquid, Zcash Pops, Polymarket Soars, Galaxy One Debut - Ep. 921

Polymarket scales with Wall Street’s blessing, Kalshi fires up KOLs, and BNB chain melts down as fast as it ran. We dissect Aster’s data drama, the new privacy wave lifting Zcash, and Galaxy One’s glo...

11 Okt 20251h 1min

The Stablecoin Competition Is On. Who Will Be the Winners and Losers? - Ep. 920

The Stablecoin Competition Is On. Who Will Be the Winners and Losers? - Ep. 920

The stablecoin race is heating up. With the passage of the U.S. stablecoin law the floodgates have opened. Tether still dominates globally, but Circle, Stripe, and a wave of new “stablechains” are mak...

10 Okt 20251h 7min

Bits + Bips: What’s Really Driving Bitcoin—and Who’s Driving Crypto Onchain? - Ep. 919

Bits + Bips: What’s Really Driving Bitcoin—and Who’s Driving Crypto Onchain? - Ep. 919

Bitcoin is hitting new all-time highs—but is this real euphoria, or just a prelude to it? In this double-header episode, we bring you a Bits + Bips roundtable and an in-depth interview on the five com...

8 Okt 20251h 55min

Bitcoin Core vs Knots: Why Developers Are Fighting Over a Coming Change - Ep. 918

Bitcoin Core vs Knots: Why Developers Are Fighting Over a Coming Change - Ep. 918

On Monday, bitcoin hit a new all-time high of over $126,000, but Bitcoin’s biggest fight right now isn’t about price; it’s about purpose.  Since 2023, image files and meme tokens have clogged the net...

7 Okt 20251h 5min

The Chopping Block: Arthur Hayes & Tom Lee; Hyperliquid vs Aster, DATs & ETH - Ep. 917

The Chopping Block: Arthur Hayes & Tom Lee; Hyperliquid vs Aster, DATs & ETH - Ep. 917

Arthur Hayes & Tom Lee map the new crypto arms race—Hyperliquid vs Aster, Plasma’s stablecoin rails, and ETH’s DAT-fueled supercycle. Welcome to The Chopping Block – where crypto insiders Haseeb Qure...

4 Okt 202544min

What’s the Better Bet? Stocks or Gold? - Ep. 916

What’s the Better Bet? Stocks or Gold? - Ep. 916

Is gold the ultimate hedge against inflation and sovereign risk? Or are stocks the better long-term wealth builder thanks to innovation and earnings growth? In this heated and highly entertaining epi...

3 Okt 202559min

How Hyperliquid Came to ‘Threaten the Very Existence’ of CEXs Like Binance  - Ep. 915

How Hyperliquid Came to ‘Threaten the Very Existence’ of CEXs Like Binance - Ep. 915

Perp DEXs are on fire, with volumes topping $1 trillion a month for the first time.  Aster, backed by YZi Labs (formerly Binance Labs), has suddenly vaulted to the top of volume charts, but is its ri...

2 Okt 20251h 14min

How DoubleZero Built a Faster Internet for Crypto and Helped All DePIN - Ep. 914

How DoubleZero Built a Faster Internet for Crypto and Helped All DePIN - Ep. 914

DoubleZero just launched its mainnet-beta, offering a new type of high-performance fiber network for blockchains, live across 5 continents and already adopted by 20%+ of Solana stake. Co-founder Aust...

2 Okt 202536min

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