💥 x402 Tokens Cooked 10,000% U-Turn

Tether’s Golden Boys Front-Ran $825M

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Markets are green again to kick off the week! Good news is flying in, thanks goodness. The US and China are “shaking hands” again (I’m crying 😭)

Trump just landed in Malaysia, starting his Asia tour. Markets are almost certain that we’ll see another 0.25% cut!!! So yeah, the market’s “green on news” right now!!!

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Here’s what we got for you today:

  • 👀 DeepSeek story & 4 ways you can begin

  • ⭐ Coinbase’s “x402” saw +10,000% surge

  • ⭐ Stable’s accused of $825M insiders grab

  • 🔥 Burning hot takes for the road

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Last time, we showed you the story that DeepSeek beat Grok and OpenAI at trading right? (if you don’t remember, here it is.)

It surprised most of us cause a lesser-known AI crushed two of the biggest names in the “Olympics for AI trading” game. Today, another result is out, you can see the detailed information and how to make use of it in the below post:

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🔥 WHAT’S GOING ON WITH “x402” 10,000% SURGING?

Literally everywhere you look right now, Telegram, Discord, X, people are saying “Don’t fade x402” or slapping “x402-compatible” into their project bios.

It feels exactly like DeFi summer 2020… or early AI coin season. So, what is x402?

In short: x402 is a new internet payments protocol being built by Coinbase + Cloudflare that lets humans and AI agents pay directly in stablecoins.

what-is-x402

It brings an old, forgotten internet code - “HTTP 402: Payment Required” - back to life and gives it superpowers.

Let’s say you want to fetch $BTC.X ( ▼ 2.15% ) price from an API. Instead of creating an account, API key, credit card, etc… You just pay 0.01 $USDC.X ( ▼ 0.0% ) within the request itself → boom, data returned instantly.

Basically, it makes every byte of the internet “pay-per-use”. It’s going viral:

  • Transaction volume is up 10,780% in a month, 500K+ payments in 1 week

  • Big names are backing it: Coinbase, Cloudflare, a16z

  • Tokens using x402 are popping up like crazy (up 266% in 24h!)

  • a16z says AI agents could drive $30 TRILLION in transactions by 2030

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x402 growing like crazy

But not everything is perfect, of course. Last month, a Coinbase AI coding tool got hacked (via a weird “CopyPasta License” markdown trick). Turns out, 40% of Coinbase code is now AI-written ⚠️

So, we need to have a real talk about this:

  • First, x402 is just a protocol. It doesn’t have a native token (yet). Be careful with all the “x402” meme coins. Most aren’t officially integrated

  • You want to see the real projects building on it? Go to x402.org, there’s a list of legit apps + demo code

  • If you’re a dev, try building a simple pay-per-use API that takes USDC. It’s just a few lines of code

  • If you’re a trader/investor, follow the infrastructure, AI agents, crypto APIs. That’s where real adoption flows next

We’ve built fast blockchains, smart agents, and better models… But nothing tied payments to data at the request level until now.

→ That’s why the hype’s so loud. It’s still early, though. Most projects are just playing with demos. Pls remember this!

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UN-Limited Limit Orders in DeFi

CoW Swap limit orders offer:

  • Unlimited order management: Limit orders on CoW Swap are completely FREE to place or cancel. Yes, really!

  • Unlimited order placement: Use one crypto balance to place multiple orders at once, even if you don’t have the full amount yet. That’s useful!

  • Unlimited order surplus: All upside captured after a price is hit goes to you and not to order takers. As it should be!

Plus everything else you know and love about CoW Swap, like gasless trading and MEV protection.

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🐋 PRE-DEPOSIT SCANDAL: STABLE'S $825M WHALE GRAB

Stable, the new Layer-1 backed by Bitfinex and Tether, just launched Phase 1 of its pre-deposit program, basically, you send $USDT.X ( ▼ 0.02% ) in early, and you’ll get rewarded once their token goes live.

They set a cap at $825 million. That cap got filled in under 5 minutes. Sounds wild, right But here’s the catch…

Before the public even knew it was live, a bunch of whale wallets (at least 10 of them) had already dropped in $600M+.

→ Some wallets started depositing 30 minutes before the official announcement.

One wallet pushed in $101M. Another one moved $500M USDT straight out of $BTSE.X ( ▼ 0.5% ) . All before anyone else had a shot.

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10 whales spotted

Even worse, there were only 274 wallets total in this round, it means:

  • Just 16 of them dropped in over $10M each

  • That small group alone made up 81% of all deposits

  • One Bitfinex-linked wallet used 300K $ETH.X ( ▼ 2.47% ) as collateral, borrowed $500M USDT, and went all in

  • The entire pool filled from 8:13 to 8:14 AM, so yeah, good luck getting in unless you were already inside.

And now people are asking the obvious: Was this a fair launch, or just a playground for insiders?

Even Dune Analytics pulled the receipts: average deposit was around $3M per wallet, and some people literally sent just $1 or $10, they didn’t stand a chance.

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What happened with Stable pre-deposit campaign?

And fun fact: One of the whale wallets had earlier funded another Bitfinex-backed project called Plasma, then withdrew $200M from it… and sent it to Stable (same whales with same game, even a non-trader would doubt it)

It looks like a club for insiders. And when even seasoned crypto users feel "left behind," it’s a red flag.

I do think Stable's team, still anonymous, btw, knew exactly what they were doing:

  • Boost TVL instantly

  • Manufacture hype

  • Make it look like massive organic demand

But when 81% of your raise comes from 16 wallets, and many of them front-run the announcement? That’s marketing. That’s engineered FOMO.

If you’re watching for Stable Phase 2, be alert. I’d track wallet activity before the next window opens.

And as a community, we should push for better transparency, not just jump on every Bitfinex-backed hype train.

And honestly? If we let this kind of stuff slide, these projects will keep doing it.

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🔥 BURNING HOT TAKES FOR THE ROAD

Zcash ($ZEC.X ( ▲ 14.29% ) ) exploded 30% in 24hrs after Arthur Hayes’s “vibe check”. It’s a FOMO wave now guys. Read the post

US CPI for September 2025 is out and it’s better than expected. The probability of the next rate cut surged to 98.9%. Read more

Polymarket’s CMO just confirmed token $POLY & airdrop plans, not just hype (yet no launch date). Read more

US-China: Trump’s 100% tariff may be scrapped. Now we just wait for Trump to drop a status update. Read more

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Moving on…

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💌 SHOUTOUT FROM OUR FIRESTARTER

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For sure mate ❤

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