According to @stonecoldpat0, objective system analysis yields three trading-relevant takeaways: rollups compete with Web2-scale services for throughput and UX, the Lightning Network is best viewed as a routing network rather than a retail payments rail, and EVM smart contracts offer broader programmability than Bitcoin Script; source: @stonecoldpat0 on X, Dec 5, 2025. This framing directs traders to prioritize EVM and rollup narratives linked to ETH versus BTC payment narratives tied to Lightning when evaluating market momentum and narrative rotation; source: @stonecoldpat0.

According to @stonecoldpat0, teams and products that win define a clear end-goal and maintain alignment through bull and bear cycles, pivoting only when new information makes the path to that goal easier, a discipline traders can mirror to reduce overtrading and drawdowns. Source: @stonecoldpat0, Twitter, Dec 3, 2025. For traders, this translates to running a thesis-driven plan with predefined invalidation and adjusting positions only on material new data rather than commentary noise, helping preserve edge across volatile market regimes. Source: @stonecoldpat0, Twitter, Dec 3, 2025.

According to @stonecoldpat0, projects may soon be pressured to deploy on opinionated chains instead of neutral, permissionless networks, raising policy-alignment and censorship risks that can impact liquidity, pricing, and market structure, source: @stonecoldpat0. Traders should monitor cross-chain liquidity shifts, fee and spread differentials, and relay-level censorship share to gauge potential repricing of affected ecosystems, source: @stonecoldpat0; MEV Watch; Flashbots.

According to @stonecoldpat0, SheFi—an initiative supporting women in crypto and popular among women—is being framed as the new villain on Crypto Twitter, signaling a negative community sentiment flashpoint rather than a market-moving event, source: @stonecoldpat0 on X on Nov 27, 2025. According to @stonecoldpat0, the post names no assets, price action, or protocols, indicating no direct trading signal or token linkage from this controversy, source: @stonecoldpat0 on X on Nov 27, 2025.

According to @stonecoldpat0, Devconnect was his first educational session in more than two years and he said it was more enjoyable than his day-to-day work, as posted on X on Nov 23, 2025. According to @stonecoldpat0, he observed newcomers were engaged and excited about Ethereum during the session, providing an on-the-ground sentiment snapshot for ETH during Devconnect, per the same X post.

According to @stonecoldpat0, ArbitrumDAO's Delegate Day hosted in-person discussions on multiple issues and enabled engagement across other AAEs, evidencing an active and expanding contributor base; source: @stonecoldpat0. He reports that many contributors who initially joined out of curiosity and earned part-time income have transitioned into full-time roles and are onboarding trusted peers who can execute, indicating deeper organizational capacity; source: @stonecoldpat0. He states the DAO is markedly different from March 2023 and has become more mature over the past two years after rapidly testing ways to organize initiatives and learning from mistakes; source: @stonecoldpat0. These firsthand observations document governance maturation and contributor growth that provide core context for traders monitoring ARB governance and ecosystem execution; source: @stonecoldpat0.

According to @stonecoldpat0, traders are asking why Aave has dominated on-chain lending; as of October 2024, Aave’s TVL was over $10B versus roughly $2B for Compound, highlighting a persistent market share gap, source: DeFiLlama. A key driver is Aave v3’s E-Mode, which raises LTVs for highly correlated assets like stETH/ETH to boost capital efficiency and borrowing activity, source: Aave v3 documentation (E-Mode). Aave’s Isolation Mode enables listing of more collateral while capping risk per asset, attracting broader integrations and deposits without compromising systemic safety, source: Aave v3 documentation (Isolation Mode). Multi-chain expansion across major L2s and the Portal feature for cross-chain liquidity have widened Aave’s liquidity funnel relative to Compound, source: Aave v3 documentation and Aave Portal documentation. Additional fee lines from flash loans and the GHO stablecoin strengthen Aave DAO revenues and liquidity stickiness, supporting utilization and market depth, source: Aave Flash Loans documentation and Aave GHO documentation. By contrast, Compound v3 concentrates each market on a single borrow asset (commonly USDC) with slimmer collateral menus, reducing strategy surface area and cross-asset leverage relative to Aave, which has limited TVL expansion despite efficiency gains, source: Compound v3 documentation. For trading, track Aave fee flows, Safety Module staking, and GHO circulation as activity proxies, and watch Compound’s USDC utilization and reserves as gauges for parameter-driven dynamics affecting COMP governance outcomes, source: Aave Safety Module documentation, Aave GHO documentation, and Compound Protocol documentation.

According to @stonecoldpat0, there is a call for an infographic that explains collateralized lending for protocols like Aave (AAVE) and Compound (COMP) with the same clarity as popular AMM diagrams, reflecting user interest in clearer visual tools for DeFi borrowing and lending (source: @stonecoldpat0 on X).

According to @stonecoldpat0, the shared X post is a favorite motivational slide encouraging newcomers to work in crypto, and it does not include market data, token mentions, or trading signals that would inform near-term trades (source: @stonecoldpat0 on X, Nov 15, 2025). According to @stonecoldpat0, the content is sentiment-oriented and provides no price levels, on-chain metrics, or regulatory updates for actionable positioning, implying no immediate trading catalyst (source: @stonecoldpat0 on X, Nov 15, 2025).

According to @stonecoldpat0, he shared a lighthearted update about beef in Buenos Aires and joked about missing a main event, with no mention of cryptocurrencies, projects, or market data, indicating no actionable trading signal from this post. Source: X post by @stonecoldpat0, Nov 15, 2025. The post contains no references to BTC, ETH, or on-chain activity and does not provide price, liquidity, or catalyst information, suggesting neutral impact on crypto trader sentiment in the short term. Source: X post by @stonecoldpat0, Nov 15, 2025.

According to @stonecoldpat0, the list of PoS Ethereum block proposers is known two epochs in advance, about 12 minutes, creating both operational risks and coordination benefits for ETH market participants (source: @stonecoldpat0). On the risk side, an adversary can target the identified upcoming proposer and briefly knock them offline; a selective 4 to 8 second disruption is enough to interrupt their slot, impacting liveness in that block window (source: @stonecoldpat0). On the utility side, protocols leveraging L2 stakers, including based rollups, can use this advance knowledge to send required data to the correct proposer at the right time, aiding L2 coordination (source: @stonecoldpat0). This DoS risk versus lookup utility trade-off will play out over time and is directly tied to validator uptime and L2 execution timing on Ethereum (source: @stonecoldpat0).

According to @stonecoldpat0, he has taken considerably fewer speaking slots over the past two years, totaling roughly 3–4 talks and about 4 panels, source: Patrick McCorry on X, Nov 13, 2025, https://twitter.com/stonecoldpat0/status/1989098336452780032. He stated that day-to-day, people-oriented work reduced his time to explain difficult technical topics or gain exposure to them, source: Patrick McCorry on X, Nov 13, 2025, https://twitter.com/stonecoldpat0/status/1989098336452780032. He set a New Year resolution to prioritize more technical work and fewer people-oriented tasks and is looking forward to sessions at Devconnect to kickstart that shift, source: Patrick McCorry on X, Nov 13, 2025, https://twitter.com/stonecoldpat0/status/1989098336452780032.

According to Patrick McCorry (@stonecoldpat0), added blockchain throughput is quickly absorbed by MEV bots, so even a 100x capacity increase does not ensure cheaper gas because fees must remain meaningful to deter spam and abuse. Source: Patrick McCorry (Twitter, Nov 13, 2025) According to Patrick McCorry, transaction fees originated as an anti-DoS mechanism rather than a revenue stream, which structurally necessitates non-trivial fees even after scaling. Source: Patrick McCorry (Twitter, Nov 13, 2025) According to Patrick McCorry, the core imbalance is that aggregate MEV profits exceed what users are willing to pay, enabling bots to afford fees while pricing out low-fee applications. Source: Patrick McCorry (Twitter, Nov 13, 2025) According to Patrick McCorry, these dynamics challenge trading theses that assume scaling alone will cut fees, implying fee relief-driven adoption narratives may be unreliable without direct MEV mitigation. Source: Patrick McCorry (Twitter, Nov 13, 2025)

According to @stonecoldpat0, the main blocker to cheaper on-chain execution is that MEV bots immediately absorb any added blockspace, so throughput increases alone will not sustainably lower transaction fees, source: @stonecoldpat0. He states that fees were introduced primarily as a DoS and anti-spam mechanism rather than a revenue source, and even with 100x capacity, fees must remain meaningful to impose costs on bots and prevent resource abuse, source: @stonecoldpat0. He frames the binding condition as collective MEV profits versus what real users are willing to pay in fees; if MEV profits exceed user fee tolerance, congestion and elevated costs persist, source: @stonecoldpat0. Trading takeaway: plan for a non-zero fee floor and sustained MEV-driven competition during peak events; strategies dependent on ultra-cheap on-chain execution need added MEV mitigation or alternative execution routes to remain viable, source: @stonecoldpat0.

According to Patrick McCorry, monthly pay of USD 2,000 to 5,000 is materially significant in real-world terms, implying that relatively modest stipends can attract meaningful contributor effort in crypto projects. Source: Patrick McCorry, Twitter, Nov 12, 2025. For traders, this frames evaluation of token incentive design, bounties, and airdrop budgets: projects allocating stipends in this range may secure community work without outsized token emissions, influencing near-term circulating supply and potential sell pressure. Source: Patrick McCorry, Twitter, Nov 12, 2025. Actionably, monitor grant sizes, ambassador programs, and monthly token distributions around this level in project updates and governance forums to assess sustainability, contributor retention risk, and dilution impact. Source: Patrick McCorry, Twitter, Nov 12, 2025.

According to @stonecoldpat0, many crypto product teams are still tinkering with backend blockchain infrastructure instead of shipping user-facing features, which can delay launches by a year or more (Source: @stonecoldpat0 on X, Nov 9, 2025). He likens this to building a new Linux to launch an email app, implying unnecessary complexity for most teams (Source: @stonecoldpat0 on X, Nov 9, 2025). For traders, this flags elevated roadmap-slippage risk on projects building custom chains or heavy infra, warranting discounted timelines for catalysts such as mainnet, airdrops, and TVL growth (Source: @stonecoldpat0 on X, Nov 9, 2025). Portfolio screens may overweight teams that ship on battle-tested infrastructure and underweight projects with bespoke base-layer ambitions absent near-term product milestones (Source: @stonecoldpat0 on X, Nov 9, 2025). Monitor communications for explicit product-first roadmaps and de-risked launch dates to gauge catalyst reliability (Source: @stonecoldpat0 on X, Nov 9, 2025).

According to @stonecoldpat0, it is a sad day for DeFi and he hopes the hacker cooperates and returns the funds (source: @stonecoldpat0 on X, Nov 3, 2025). The post signals a DeFi security incident but provides no details on the affected protocol, chain, assets, amount, or resolution timeline, limiting trade-specific visibility at this time (source: @stonecoldpat0 on X, Nov 3, 2025). For traders, the absence of identifiers or on-chain references means elevated uncertainty for DeFi risk sentiment until official or on-chain confirmations are released (source: @stonecoldpat0 on X, Nov 3, 2025).

According to @stonecoldpat0, USDT and USDC can effectively influence Ethereum's fork choice during controversial chain splits by determining which on-chain token version they support, and DeFi on an unsupported fork would collapse if issuers reject its token value (source: @stonecoldpat0 on X, Nov 2, 2025). According to @stonecoldpat0, the growing role of RWAs and multiple stablecoins makes governance a cooperative coordination game where issuers seek consensus on one chain and rule set to protect token value (source: @stonecoldpat0 on X, Nov 2, 2025). According to @stonecoldpat0, coordination could rely on a correlated signal such as the largest RWA, guidance from the Ethereum Foundation, or staker signaling, echoing miner signaling during the block size wars (source: @stonecoldpat0 on X, Nov 2, 2025). According to @stonecoldpat0, these dynamics expose ETH and DeFi liquidity to tail risk around contested upgrades, with stablecoin issuer decisions acting as the decisive driver of on-chain valuations in a split scenario (source: @stonecoldpat0 on X, Nov 2, 2025).

According to @stonecoldpat0, L1 criticism of rollups misses five trading-relevant advantages that shape positioning and risk management for crypto portfolios, source: @stonecoldpat0 on X, Oct 27, 2025. The post highlights product-market fit with a growing user base, strong interest in adopting rollup tech stacks, cost efficiency that removes the need for high token inflation, low-latency and low-cost execution, and MEV solutions that alleviate pressure, source: @stonecoldpat0 on X, Oct 27, 2025. The author contends there will be thousands of rollups while only a meaningful handful of L1s survive, framing a market structure where liquidity and activity consolidate around L2 environments, source: @stonecoldpat0 on X, Oct 27, 2025. For traders, this thesis implies monitoring potential rotation risk away from inflation-heavy L1 tokens toward rollup ecosystems characterized by stronger usage and lower dilution, source: @stonecoldpat0 on X, Oct 27, 2025. Positioning considerations include tracking onchain activity growth, fee levels, and MEV mitigation adoption across rollups to gauge execution quality and potential revenue capture, source: @stonecoldpat0 on X, Oct 27, 2025. A key risk flagged by the post is prolonged underperformance for L1s reliant on high emissions relative to rollups that do not require such inflation, which may affect token supply dynamics and pricing, source: @stonecoldpat0 on X, Oct 27, 2025.

According to Patrick McCorry, crypto should reward merit over geography and founders must assemble and retain top contributors under libertarian principles, framing why team quality is central to project outcomes that investors monitor. Source: Patrick McCorry (@stonecoldpat0) on X, Oct 18, 2025. He states that good people attract good people, so founders should do everything to help top contributors take an early bet on the project and then be selective to compound the snowball effect. Source: Patrick McCorry (@stonecoldpat0) on X, Oct 18, 2025. He advises cutting rot and toxicity early because strong contributors will not stay in toxic environments, and he recommends observing how others react when someone leaves as a litmus test for hidden toxicity. Source: Patrick McCorry (@stonecoldpat0) on X, Oct 18, 2025. He recommends leveraging limited availability of high-impact contributors rather than letting capacity sit idle, emphasizing process design to make the most of scarce expert time. Source: Patrick McCorry (@stonecoldpat0) on X, Oct 18, 2025. He notes that persistent frustration about direction and pace leads to departures and suggests surrounding the core team with people aligned on the path or willing to disagree and commit. Source: Patrick McCorry (@stonecoldpat0) on X, Oct 18, 2025. He stresses opportunity cost and fairness, warning that underpaying strong contributors leads to outbidding by others and that equitable treatment reduces resentment and attrition. Source: Patrick McCorry (@stonecoldpat0) on X, Oct 18, 2025. For traders and token investors, these governance and retention signals can be monitored as proxies for execution risk and community health during due diligence and position sizing, per McCorry’s guidance. Source: Patrick McCorry (@stonecoldpat0) on X, Oct 18, 2025.