Market Vybe Issue #2
Welcome to the Market Vybe newsletter, where we bring you the alpha of the week and cover the most important developments on Solana. Make sure you subscribe to stay ahead of the curve.
👉Weekly Recap
DeepSeek sends the NASDAQ & Crypto Markets into panic
This week’s crypto market crash can be largely attributed to the emergence of DeepSeek, a Chinese AI startup that introduced a highly efficient, cost-effective AI model that is challenging the dominance of U.S. tech giants like OpenAI.
DeepSeek's AI model, which reportedly outperformed competitors at a fraction of the development cost (allegedly under $5 million), led to a significant sell-off in tech stocks.
The AI stock boom was largely built around the demand for more processing power and DeepSeek’s innovative approach to training AI models, uproots this investment thesis.
As a result, NVIDIA set a new record, by erasing $600 Billion in market cap in one trading day.
Due the ripple effect, the entire crypto market also took a hit, with Bitcoin briefly dipping below $100,000, and over $900 million in leveraged positions being liquidated.
Trump’s Crypto Executive Orders
As promised, President Trump issued a series of day 1 executive orders related to crypto. Here’s what they are, what it means to you.
Don’t worry, it’s good news
Formation of a Crypto Working Group: Trump signed an executive order to establish the Presidential Working Group on Digital Asset Markets. This group is tasked with developing a federal regulatory framework for digital assets, including stablecoins. It also focuses on evaluating the potential for a national digital asset stockpile, which could be derived from cryptocurrencies seized through law enforcement efforts.
Regulatory Clarity: The order aims to provide regulatory clarity for the crypto industry, reversing what Trump's administration described as regulatory overreach from the previous administration.
Prohibition of CBDCs: Trump's order explicitly bans any action by agencies to establish, issue, or promote central bank digital currencies (CBDCs) within the U.S. or abroad.
FREE ROSS: Ross Ulbricht, the founder of the dark-marketplace Silk Road, received a presidential pardon, having already served 11+ years in jail. It’s an open secret that the feds threw the book at Ross to make an example of him and deter future dread-pirate-roberts. Almost the entirety of the bitcoin that the US Government owns today (190,000), was a result of the silk road seizure.
Lastly, although this wasn’t a presidential executive order, the administration has floated the idea of promoting USA-made blockchains. Giving select cryptocurrencies tax free status in the united states.
👉 Alpha of the Week
Farming Meteora’s upcoming airdrop
Last week Meteora became the highest fee generating platform across all chains.
Meteora allows anyone to provide liquidity and participate in their fee-earning structure called the DLMM. This mechanism was notably used for the launch of the TRUMP token and is quickly becoming a popular go-to-market strategy as teams can earn fees from trading volume instead of immediately selling their tokens.
Meteora has hinted at a future airdrop and has a confirmed point system tracking current user activity.
If the $MET token were to be created, it could potentially trade with a market cap in the multi-billions, rivaling industry giants like $JTO, $JUP, and $RAY. For this reason, it might be beneficial to get ahead of the crowd by farming for this upcoming airdrop today.
Key Strategies for Farming Meteora Airdrop:
Liquidity Provision:
DLMM Pools: Adding liquidity to Meteora's DLMM pools is a primary method to farm points. Focus on pools with high volume and established pairs like SOL/USDC or SOL/JUP to minimize impermanent loss and maximize fee earnings.
Staking and Farming with Memecoins:
Meteora has introduced a staking mechanism with M3M3 tokens where you can earn additional points. Buying and staking $M3M3 can lead to receiving airdrops, and using the DLMM to manage exits from these positions.
Dual Farm on Kamino:
Kamino offers LP pools on Meteora like the JITOSOL-SOL pool where you can earn points towards season 3 of the KMNO airdrop, while earning points towards the MET airdrop as well. The benefit of using Kamino for farming Meteora is the auto-rebalancing and auto-compounding features which makes managing your positions a breeze.
💡Did you know you can view all your staked positions across the Solana ecosystem using Vybe Wallet Portfolio? Easily link your wallets & track all your assets across Solana from one place. Get started here: Vybe Wallet Portfolio
👉 Vybe Announcements
1- Vybe Validator is now live with over 120K SOL staked.
Vybe Validator is the first of it’s kind validator offering unique value to stakers:
High yields of over 10% APY (validator yield + Jito MEV yield)
Stake 2 Access premium features on Vybe Pro (coming soon)
And more to be announced soon... 🤫
You can now directly stake with us through your Phantom wallet by clicking on your SOL balance, choose native staking & search for Vybe Validator.
2- Vybe launches the Network Graph Widget
Your gateway to real-time token, program, and wallet data visuals on Solana.
With versatile config options, you can showcase network activity and give your dApp or site some interactive, visual flair.
Learn more about the widget features on our twitter/X thread here: Twitter/X thread
And get started for free by checking out our docs here: Vybe Widgets
