
founder @stride_zone prev: macro + quant @bridgewater / ml @berkeley_ai / fellow @janestreetgroup / cs @ucberkeley
NYC
Joined July 2022
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Riley retweeted

Derek Hsue@derekhsueJan 29
🇺🇸
United StatesConnected via United States App StoreAccount-level information, not a live location or per-post device.
Launching a new podcast today! Filmed at our NYC office, each episode of @Archive_Pod focuses on a founder or operator who has built an important crypto business/protocol.
The first episode is with @keoneHD, founder of @monad.
We dive into Keone’s upbringing, the early days of Monad and the journey to raising the seed round. Plus, we talk about recruiting + scaling the team, and the philosophies they used to launch and grow the network.
Here's what we discussed:
0:00 - Intro
0:42 - Altitude
1:32 - Monad's Launch
4:25 - Keone’s early life and interests
16:52 - Where Keone’s work ethic came from
19:52 - Working at Jump and how the culture passed on to Monad
24:26 - Starting Monad
30:05 - Raising the seed round for Monad
32:29 - Growing the Monad community and open-sourcing code
36:35 - How Keone hired for the early team
44:07 - The future of Category Labs
51:26 - Which metrics is Monad focusing on
1:00:24 - Building a base of loyal and passionate users
1:07:45 - The personality of an L1 founder
1:13:46 - Founders that Keone looks up to
1:18:34 - Day in the life of Keone
1:23:57 - The endgame vision for Monad
Riley retweeted
Excited to share what I’ve been up to! We’re building Gimlet to make AI inference chip agnostic. You can deploy Gimlet across a fleet of heterogenous GPUs to extend lifetimes and reduce TCO, without having to spend engineering time to support each chip.
Bloomberg@business22 Oct 2025🇺🇸!
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A startup backed by Intel’s CEO is building software that can carve up artificial intelligence tasks and send them to different kinds of chips bloomberg.com/news/articles/…
Riley retweeted
Stride contributors have been working tirelessly on a new path forward.
Huge thanks to the many teams, investors, and community members who’ve reached out with support and opportunities. We’re considering everything deliberately and thoughtfully.
Expect an update by end of next week.
Riley retweeted
Let yourself occasionally get a little screwed in exchange for not having to live with your guard up all the time. It’s worth it.
Riley retweeted
@federalreserve announces that reputational risk will no longer be a component of examination programs in its supervision of banks: federalreserve.gov/newsevent…
Riley retweeted
The American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi, or Decentralized Finance, movement.
Riley retweeted
"the most exciting trend in the last 6 months is that the local AI models are good now" - @simonw
Riley retweeted
REGULATION KILLED DYDX, NOT COSMOS
- Couldn't distribute >$400M in equity revenue to tokenholders
- Couldn't run an in-house market maker (HLP style)
- Couldn't list new tokens fast enough
If DYDX were outside the US, it would be king
Riley retweeted
you’ve been warned:
traditional finance is coming on chain at break-neck pace
the signs are everywhere. the announcements are everywhere. and the real projects are everywhere
80% or more of the ones that matter will be built on Ethereum, which will become the backbone of the new financial internet
forget all of the psyops you’ve read here from market timing speculators, third-tier VC’ooors, and others
the people coming next have no idea who these people even are and couldn’t care less what they think
Ethereum is the most reliable and trustworthy programmable blockchain, and it’s the ONLY choice for these institutions to deploy on in massive size
it’s going to happen, on Ethereum
this is your final warning
Riley retweeted
Stablecoin legislation passed in USA 🇺🇸
Bank of America, Facebook, X and many more stables coming soon.
Riley retweeted
Pretty sure "Better Markets" would’ve pulled the plug on the internet by 1999 based on the chart below.
Thankfully, Americans usually prefer innovation to moral panics, so we built the internet, not banned it.
Might want to remember that with digital assets.
Finally, some myth-busting:
- Crypto legislation won't improve matters
- Crypto is uniquely suited for crime
- The "transparency" of the blockchain doesn't help
Read the full fact sheet:
bettermarkets.org/wp-content…
Riley retweeted
This is a post to all the Cosmos builders.
First off, you are complete badasses for believing in the Cosmos vision. You have true grit to still be here.
Cosmos has been the most ambitious and challenging experiment in crypto. We are building the only credible Internet of Blockchains. We are actually decentralized. We have the widest-used blockchain stack in the industry, and building your own blockchain is extremely hard.
Given where the market is, and the reality of available liquidity, a lot of teams in Cosmos (like everywhere) are second guessing themselves. VCs are not deploying much, anywhere. There is a flight to quality, and to assets with fundamentals. A lot of teams are thinking of how to approach, and whether to bet on, the new era of Cosmos.
I want to personally say, we are changing everything about the ecosystem behind the scenes. In our new position, we are radically changing how we fund, support, and incubate teams. We are bringing in external investment, and supporting teams in-house. We are ravenous, and we are deeply committed. And we will fight for you, and with you, if you join us.
We cannot lift all boats. There are so many teams we will not be able to support, that probably deserve it. But we are committed to making the best teams in Cosmos shine and become massively successful.
Our strategy has been to focus on the success of the Cosmos Hub as the benchmark for the ecosystem. We want to build it into an incredible platform that onboards new users, provides magical services to app chains, and become the best place for new products to grow up. This will give users and investors a clear entry point, and give us the ability to grow more chains in the ecosystem. Everything we do, we do to grow the Internet of Blockchains.
If you are in Cosmos, this is the time to take off the gloves. This is the time to fight for your product & community, and to make a fuck ton of noise. This is the time to get down to fundamentals, accelerate what's working, and cut everything - and anyone - else. A simple product that does one thing 100% well is infinitely more valuable than doing 10 things at 80%. Focus on simplifying your onboarding experience, your branding, your best feature.
And if you are a founder, be a goddamn founder - do not blame your ecosystem. Missing liquidity? Go market and take it from Ethereum. Missing users? Take a flight, close Twitter, and market your product door-to-door. There is an entire world to be onboarded to the decentralized internet, and we need to work with real people to build something they want to use. No one is stopping you from growing - try different things, be bold. Crypto is called the Wild West for a reason.
If you want new energy, this is the time to leverage ATOM and its community - one of the largest and oldest communities in crypto - to supercharge your application and adoption. Speaking for the ATOM community, we are incredibly excited to use and try new things.
We will be your ally, and you will not have to build this alone. Cosmos has been fragmented for a long time, but as we come together - and if we rally around the Hub - we are unstoppable. Liquidity, users, and attention is attracted to unity, and this is our chance to stop infighting, bite our lip, and align. We've already learned the lessons that Ethereum, Solana, and everyone else are just learning now with their fracturing ecosystems. If we can do this, we can level up and execute a turnaround people will remember for decades.
In the coming months, we will launch the first-ever permissionless VM and ecosystem on the Cosmos Hub. We will bring liquidity, and incentives. It will be deeply integrated with ATOM. We will incubate and launch incredible new applications that use Eureka to natively distribute to users and capital on every ecosystem. And we will support any application built on the Hub to then become their own L1 application. It's time to build a new Cosmos.
We will use the Hub to unleash the builders, and we would love you to be one.
Mag
Riley retweeted
Ive said this before but I think it bears repeating - the game is no longer about cryptoeconomic designs, incentive models, etc. It's about distribution. If distribution is not your primary focus you're going to have a very difficult time in the years ahead.
Riley retweeted
Cosmos is the best builder ecosystem outside of Ethereum
In past few weeks:
- Crosschain token trading now possible with IBC Eureka (native ATOM now on Ethereum)
- USDN launched, now highest market cap onchain yielding stablecoin
- Babylon launched, BTC restaking now possible (get yield on BTC by providing security to other chains)
- Osmosis now a Babylon secured chain
Riley retweeted
With IBC, the Cosmos Hub is going to become the platform that connects multichain apps and protocols with app chains (first in Cosmos then everywhere as IBC expands)
This solves the real multichain scaling problem: It's too expensive to integrate every app chain, and it's too expensive for app chains to get all the critical resources they need to scale
This is also a win-win-win:
* Multichain apps/protocols/infra providers: Save costs by integrating with 1 chain and serving hundreds of world-class teams building IBC-connected chains
* App chains: Access a vibrant ecosystem of service providers natively on your own chain without paying for integrations just by connecting to the Cosmos Hub over IBC
* Cosmos Hub: Accrue value like any marketplace does -- by offering great distribution and services to both sides and saving costs for everyone -- then taking a cut of the surplus.
I'm personally most excited about apps and infra that want to align business models with app chains themselves, e.g.:
- IBC routing services that allow the source chain to set and accrue a portion of the fees (so app chains can still benefit from interchange fees if they want but don't need to run hundreds of relayers)
- an IBC-native DEX that sends some trading fees back to the chain where the tokens originated (so liquidity isn't being vampired it's being profitably shared)
Please reach out if you are interested in using the Hub to access Cosmos (or using the Hub to access critical infra).
Riley retweeted
Who is @0xMagmar, the new Co-CEO of Interchain Lab?
Early Crypto Involvement: Magmar got into crypto at age 13 or 14, mining $BTC and $DOGE on his laptop. At around 15, he constructed and modified one of the first ASIC miners for Litecoin and moved to the U.S.
Ethereum and SF Move: During high school, Mag got ETH-pilled and moved to SF in 2016 to build one of the very first NFT projects on Ethereum, Valuables, which notably sold @jack's first ever tweet for ~$2,9M.
Education & Quantitative Trading: Mag Studied finance in college, and worked at Bridgewater, @RayDalio's firm, as a quantitative trader. After a while he moved to Atlassian where he acted as a product manager for several software products.
Pivot Back to Crypto (2020): Being bored with TradFi and enterprise software development, Mag reached out to @BPIV400, his best friend and roommate in college, deciding to transition back into crypto.
Skip, MEV & Cosmos: MEV piqued their interest so they decided to start the first MEV company in @cosmos, built ontop of @terra_money called @SkipProtocol.
Growing the Pie: Soon they realized that MEV wasn't the thing that's going to grow the ecosystem. Hence, Skip pivoted to building interop tooling like Skip:Go, the Skip API, and IBC(dot)fun.
But it wasn't enough: Mag & Barry felt that they didn't have the level of impact they needed to make Cosmos the #1 crypto ecosystem. The Cosmos vision and architecture was right, but something crucial was missing.
Acquisition by the ICL: After turning down a fund-raising opportunity for a "Cosmos alternative", valued at $1B FDV, Skip was acquired by @interchain_io for a fraction of the previously rejected offer. Since then, Mag & the Skip team have taken over the leadership of the @cosmoshub, the Cosmos Stack, and inherited the resources of the ICF (~$300M).
"Now we're in the right spot to completely reshape the Cosmos ecosystem, in terms of technical performance, ecosystem development, community management, marketing & growth. Onboarding the best applications and developers to build on the thesis of The Internet of Blockchains."
@0xMagmar
Bad Kids build 😈
Riley retweeted
just caught up on cosmos townhall and safe to say i'm @BPIV400 & @0xMagmar pilled
love the energy they give off and how clearly they see the advantages of vertical integration re cross-chain ux (and how the hub is uniquely positioned to facilitate that)
starting to feel bullish cosmos again
Riley retweeted
There's lots of uncertainty in the crypto industry, but to me, Cosmos is the most painfully obvious path forward.
The more I build in it, the more I like it. Huge contrast with most popular tech—where once you get deep enough into it, you hit major limitations.
Users always wonder if their feature is possible to build on Cosmos. Never once have I had to turn someone away due to technical constraint.
Only a matter of time until every big player realizes the creative unlock you get just from building here.
If you can dream it, Cosmos lets you build it. Nothing else like it.
























