RaaS #531: Cookie Revamps SNAPS!

Donut Raises $22M for Agentic Browser, BTC Drop Triggers $1.4B Liquidations, and Moar!

Tezza details ASTER's evolution from ApolloX, a CEX-DEX hybrid, to a fully on-chain perp DEX. Following a 2022 hack, ApolloX merged with Astherus in 2024. Rebranded as ASTER in 2025, it launched a token swap and gained traction as Binance’s competitor to Hyperliquid.

Fusaka is Ethereum’s biggest leap since The Merge. Slated for Dec 3, it enables PeerDAS, Verkle Trees, and gradual blob scaling, cutting rollup costs without raising validator requirements. A structural shift toward scalable decentralization.

When money loses borders, FDI loses meaning. Crypto turns capital into code, stateless, instant, and composable, erasing the idea of “foreign” or “direct.” What’s left is Global Direct Investment: wallets allocating value.

I’ve never been more envious of color blind people.

Dark social, untrackable shares via DMs, GCs, calls, drives reputation and real opportunities. Unlike likes or replies, dark social includes screenshots, off-platform mentions, and silent re-use by high-signal lurkers. It shows up in profile visits, delayed follows, and unexpected collab DMs.

Giggle Academy will burn 50% of the fees from Giggle Fund Token received from Binance, converting the rest to BNB for donations. Giggle Fund is a community memecoin, not launched by Giggle Academy. Binance will donate trading fees, coordinating with Giggle Academy.

Your daily dose of bite-sized news to stay updated.

1. Donut raised $22M to build an agentic crypto trading browser. They aim to redefine trading UX with AI agents, backed by a 100k+ waitlist and fresh capital.

2. PlayAI’s PLAI token is now live!

3. Stream Finance’s $93M exploit has rippled across DeFi, exposing $285M in at-risk assets. Analysts traced potential vulnerabilities tied to integrations and shared dependencies post-hack.

4. Jupiter’s next $250M+ airdrop likely already snapshotted, with over 700M JUP set for January 2026. This year, product usage may determine eligibility.

5. Berachain corenet is paused pending one oracle partner; block production resumes once resolved. Stream fallout has strained the Oracle infrastructure.

Stream Finance faced panic withdrawals after an exploit due to a lack of transparency. Without Proof of Reserves or detailed dashboards, users couldn't verify stability. Opaque strategies and hardcoded feeds masked liquidation risks as xUSD depegged.

Glenn curated the ultimate growth bible for CT. From cold starts to virality, reply-guy arcs to founder funnels, this bookmark-worthy list compiles 50+ of the best guides on content, personal branding, and distribution, all organized by topic.

One small misstep for BTC, one giant liquidation for the industry.

Top Gainers: DCR, JELLYJELLY, PIVX, DASH, ZEREBRO.

High-signal reads are worth your time, all in one place.

1. Gambling’s no longer edgy. From memecoins to sports betting to Pokémon TCG, the rush is everywhere. Real edge is shifting: fewer degens chasing pumps, more serious players betting long, building clean.

2. Bitcoin’s drop to $103.8K triggered $1.4B in liquidations, mostly from longs, as ETF outflows, long-term holders selling, and thin liquidity compound market fragility. Fear & Greed Index hit 21, while Polymarket odds of sub-$100K BTC rose to 78%.

3. Price changes occur when market orders meet limit orders. Support/resistance is where limit orders gather. Market structure depends on price highs/lows. Focus on liquidity zones for trading, not fixed lines, to reduce errors and enhance strategy.

4. The essay revisits Laplace’s demon with algorithmic control and crypto coordination, shifting from deterministic prediction to decentralized resistance via blockchain, exemplified by Curve. It suggests true freedom arises from plural, participatory coordination.

5. 80% of Apriori’s airdrop was farmed by 5,800 linked wallets, likely due to a sybil attack ahead of eligibility disclosures. APR token has since dropped 60%, exposing fragility in pre-announcement sybil defense.

MetaDAO raised $10M, launched 5 projects with $10.7M raised, and scaled infrastructure after DDoS stress. Now pushing for permissionless launches, refined allocation models, and higher fees, all while racing to win the token launch market.

Cookie front ran Kaito again! Snaps are now “mindshare,” cSNAPS track capital, slashing is live, and top users earn more via a new Sign-powered rewards portal. Add in Launchpad, Token Station, and Global SNAPS, and Q4’s shaping up as Cookie’s biggest season yet.

That’s all for today!