Hyperliquid Drama, Stablecoin Growth, and Ethereum’s North Star | Roundup

In this week's roundup, the crew dives into AI’s impact on work, debates the realism of a post-work society, and unpacks the Hyperliquid vs. JellyJelly saga. They also explore the flood of new institutional stablecoin announcements, wins for privacy in crypto, and what stablecoins mean for L1 token value. Enjoy! – L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra’s Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.  Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to. Supra Containers are secured by Supra’s L1 nodes and get access to Supra’s 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here. Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks – Missed DAS? Join us from June 24th-June 26th at Permissionless IV! Use Code EXPANSION10 at checkout for 10% off! Tickets: https://blockworks.co/event/permissionless-iv - - Follow Jill: https://x.com/jillrgunter Follow Nick: https://x.com/nickwh8te Follow Uma: https://x.com/pumatheuma Follow Mike: https://x.com/MikeIppolito_ Follow Expansion: https://x.com/ExpansionPod_ Subscribe on YouTube: https://bit.ly/3QLwfTs Subscribe on Apple: http://apple.co/4bGKYYM Subscribe on Spotify: http://spoti.fi/3Vaubq1 Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (00:00) Introduction (02:11) The Post Work Society Debate (11:06) Supra Pre-Roll (11:32) Hyperliquid x JellyJelly Drama (28:11) Supra Mid-Roll (28:56) Privacy in Crypto (35:54) Institutional Stablecoin Announcements (50:16) Is Stablecoin Growth Bullish for L1s? - - Disclaimer Expansion was kickstarted by a grant from the Celestia Foundation. Nothing said on Expansion is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Michael, Nick, and our guests may hold positions in the companies, funds, or projects discussed.