EARLY-STAGE UTILITY-TOKEN BOOK · 2026
An on-chain book
worth watching.
Eight positions, public marks, public targets. Long the infrastructure layer — DePIN, RWA, oracles, restaking. No coins I can't defend in a Tuesday meeting.
CAPITAL DEPLOYED
$1.146M
8 POSITIONS · 7 SECTORS
RETURN @ TARGET
1.68×
+$776K · +67.7%
01 · POSITIONS
The Book.
MARK · TO · TARGET
LIVE · 8 POSITIONS · NFA
LIVE · 8 POSITIONS · NFA
DEPLOYED
$1,146,000
8 POSITIONS
MARK
$1,362,237
+$216,237 · +18.9%
AT TARGET
$1,922,344
+$776,344 · +67.7%
MULTIPLE
1.68×
ALL TGTS CLEAR
#POSITION · SECTORENTRY ─── MARK ─── TARGETP&L · @ TGT
01
SQDSUBSQUID · DATA
+$122,581+61%@TGT +$1.23M
02
SUISUI · L1 · MOVE
+$82,222+41%@TGT +$244K
03
ONDOONDO · RWA · YIELD
+$56,131+56%@TGT +$128K
04
ATOMCOSMOS · INTEROP · L1
+$18,066+16%@TGT +$83K
05
RENDERRENDER · DePIN · COMPUTE
+$16,096+13%@TGT +$94K
06
AVAXAVALANCHE · L1 · GENERAL
+$8,534+9%@TGT +$29K
07
XPLPLASMA · STABLE · L1
−$42,857−29%@TGT +$64K
08
LINKCHAINLINK · ORACLE
−$44,535−26%@TGT +$45K
BEST SQD +61% · WORST XPL −29%
NOT_FINANCIAL_ADVICE
CURRENT MARK
$1.362M
+$216,237 · +18.9%
AT TARGET
$1.922M
+$776,344 · +67.7%
THIS WEEK · CATALYSTS
CLARITY Act MarkupTHU · 10:30 ET
Powell → Warsh HandoffFRI · MAY 15
CPI · PPI PrintTHIS WEEK
02 · DOCTRINE
"Tokens are equity in compute, in trust, in coordination. The book is the thesis written in receipts."
Long the infrastructure layer. DePIN, RWA, oracles, restaking. Public entries, public targets, public marks — conviction tested by daylight. No alpha leaks, no moon-math, no coins I can't defend in a Tuesday meeting.
The book is the thesis. The receipts are on the wall.
— @69XRIPPER · MARKED LIVE
04 · CONNECT
Reach me here.
Two channels. The fast one is signal. The public one is the bird app.