🗞️ Onchain Five
Ondo Finance, Morpho Curators, Social Arbitrage Investing, Trust Wallet Hack and Indexy Updates
Merry Christmas!
While most people are unplugging this week, I stayed plugged into the onchain world.
Here are 5 things that made this Friday’s Onchain Five.
Protocol On My Radar: Ondo Finance
Ondo is a dedicated L1 created for trading onchain stocks. I spent some time reading through their docs,, and they’ve built a system that addresses the issues of liquidity, slippage, and price deviation from original stock prices.
They’ve integrated with 10 chains, have a Total Value Locked (TVL) of over $1.5B, and already support dozens, if not hundreds, of stocks.
I can see a clear synergy between indexy.xyz (more on Indexy in a bit) and Ondo.
Interesting Read: Morpho Curators
In last week’s Onchain Five, I shared a great read about Morpho Vaults by its co founder, Merlin Egalité. This week, he explained another key element in the Morpho ecosystem, curators.
“What is a Morpho Curator?
A curator is an independent team or entity — not part of Morpho — that designs, deploys, and manages onchain vaults”
Great Listen: Social Arbitrage Investing
I recently added the My First Million podcast to my playlist, and their latest episode was particularly interesting. The guest is an investor with a distinctive approach that differs from traditional investing methodologies: Social Arbitrage investing.
While this isn’t directly related to crypto, it highlights a methodology that mirrors what I observe daily in the crypto space: trying to find alpha on social media and trade tokens faster than everyone else. It made me reflect on how many traders are pursuing this strategy in crypto, and how challenging it becomes when so many people are doing the same thing.
Anyway, I highly recommend this episode and the podcast in general.
Security: Trust Wallet Hack
Over $7M have been hacked on one of the most popular cyrpto wallets (200M users). Ouch.
If you use Trust Wallet browser extension, read this and follow the steps to update to the latest version.
The good needs is the have a process in place to refund affected users…
Indexy Token Pages and New Charts
This week we pushed one of the Indexy updates we have prepared for the holidays: New token pages and charts.
I made a quick video to walk you through it.
That’s it for today.
If you found this recap useful, why not sharing it with your friends?
Until next time,
- Kaloh
Reminder: nothing in this newsletter is financial advice. Crypto is highly volatile and carries significant risk. Please make decisions carefully and based on your own research.