The Chopping Block: Arthur Hayes & Tom Lee; Hyperliquid vs Aster, DATs & ETH - Ep. 917

In this episode of The Chopping Block, Haseeb, Tarun, Tom Schmidt, Arthur Hayes, and Tom Lee convene at Token 2049 to discuss current trends in the crypto space. They delve into Digital Asset Treasuries (DATs), with a focus on Bitmine's role and the potential consolidation of smaller DATs. The conversation shifts to stablecoin chains like Plasma, questioning their long-term viability and ability to draw volume from established networks like Tron and Ethereum. The group then analyzes the Perp DEX wars, highlighting the competition between platforms like Hyperliquid and Aster, and debates the future of fee structures and market saturation. Finally, they explore the rise of prediction markets, including PolyMarket and Kalshi, and touch on the increasing interest in privacy coins like Zcash, considering their potential use cases and regulatory challenges.