{
 "updated": "2026-10-16 11:47",
 "benchmarks_entry": {
  "BTC": 82074,
  "SPY": 771.79,
  "date": "2026-10-16 11:17"
 },
 "benchmarks_now": {
  "BTC": 81868,
  "SPY": 771.79
 },
 "benchmark_return_pct": {
  "BTC": -0.250993006311373,
  "SPY": 0.0
 },
 "picks": [
  {
   "id": "P1",
   "category": "crypto_primary",
   "name": "The Standard Reserve ($STANDARD / Charter NFT)",
   "cg": "standard",
   "llama": null,
   "conviction": "中",
   "thesis": "Robinhood Chain 上的“链上央行”实验：1000 张灵魂绑定 Genesis Charter 分享每日 70 万枚基础增发，按净资金流动态调节乘数；收入 70% 进金库回购/储备。9/14 上线后首个 epoch 净流入约 2,110 ETH。参与角度：持有 STANDARD、竞拍新 Charter（auction 尚未开启）、v4 LP。",
   "risks": "纯机制型 ponzinomics 风险；增发稀释；退出费 2%-60%；CoinGecko 'standard' ID 与本项目的对应关系需核实。",
   "sources": [
    {
     "label": "Whitepaper",
     "url": "https://www.standardreserve.xyz/protocol/whitepaper/"
    },
    {
     "label": "Bankless",
     "url": "https://www.bankless.com/read/the-standard-reserve-is-building-a-new-kind-of-bank-onchain"
    }
   ],
   "market_cap_usd": 20774828.4609806,
   "chg_24h_pct": -2.1539089837554695,
   "entry_date": "2026-10-16 11:17",
   "entry_price": 0.258548,
   "current_price": 0.25186,
   "price_source": "CoinGecko simple/price",
   "price_time": "2026-10-16 11:47",
   "return_pct": -2.586753716911372,
   "status": "active"
  },
  {
   "id": "P2",
   "category": "crypto_primary",
   "name": "Papertrade (PAPER, HyperEVM)",
   "cg": null,
   "llama": "papertrade",
   "conviction": "高",
   "thesis": "10/10 上线的合成永续交易所，PAPER 只能通过交易亏损铸造（无预挖/无VC），质押分享协议收入。上线前 1,473 地址预存 1.37 亿美元，DefiLlama 显示 30 日收入数千万美元级。参与角度：以可控亏损方式获取 PAPER 并质押，或通过 PSTR 间接暴露。",
   "risks": "PAPER 无公开市场价格（不可买入）；早期铸造率高后续递减；匿名团队；合约风险。",
   "sources": [
    {
     "label": "CryptoBriefing",
     "url": "https://cryptobriefing.com/papertrade-staker-rewards-launch-hyperevm/"
    },
    {
     "label": "DefiLlama",
     "url": "https://defillama.com/protocol/papertrade"
    }
   ],
   "fees": {
    "revenue_24h_usd": 7407286,
    "revenue_30d_usd": 49726508,
    "source": "https://api.llama.fi/summary/fees/papertrade?dataType=dailyRevenue"
   },
   "entry_date": "2026-10-16 11:47",
   "entry_price": null,
   "current_price": null,
   "price_source": "无公开可交易价格",
   "price_time": "2026-10-16 11:47",
   "return_pct": null,
   "status": "watch（无价格，跟踪参与）"
  },
  {
   "id": "P3",
   "category": "crypto_primary",
   "name": "PaperStrategy (PSTR)",
   "cg": "paperstrategy",
   "llama": null,
   "conviction": "中",
   "thesis": "10/7 上线的 PAPER 累积策略代币：10% 交易税进入金库在 Papertrade 获取并质押 PAPER，USDC 收益 90% 回购销毁 PSTR。是唯一可交易的 PAPER 间接敞口。",
   "risks": "10% 买卖税；团队多签控制（时间锁待上）；收益依赖 Papertrade 持续亏损流。",
   "sources": [
    {
     "label": "Docs",
     "url": "https://docs.paperstrategy.xyz/"
    }
   ],
   "market_cap_usd": 8445736.265440753,
   "chg_24h_pct": 26.633652912317128,
   "entry_date": "2026-10-16 11:17",
   "entry_price": 0.00902191,
   "current_price": 0.00890924,
   "price_source": "CoinGecko simple/price",
   "price_time": "2026-10-16 11:47",
   "return_pct": -1.2488486362643658,
   "status": "active"
  },
  {
   "id": "P4",
   "category": "crypto_primary",
   "name": "Flop Labs / Flop Network (FLOP 测试网)",
   "cg": null,
   "llama": null,
   "conviction": "中",
   "thesis": "Arthur Hayes 任 CEO 的 AI agent 算力支付网络，测试网预计 2026 年 10 月下旬上线约 90 天，传闻约 20% 供应空投测试网参与者，主网目标 2027Q1。零成本撸测试网。",
   "risks": "代币未发行，市面已有假币；空投比例未经官方文件确认；无白皮书。",
   "sources": [
    {
     "label": "WEEX/TokenPost",
     "url": "https://www.weex.com/news/detail/hayes-announces-testnet-schedule-for-october-2026-aym5tuzbyirjhe088gf5glvy"
    }
   ],
   "entry_date": "2026-10-16 11:47",
   "entry_price": null,
   "current_price": null,
   "price_source": "无公开可交易价格",
   "price_time": "2026-10-16 11:47",
   "return_pct": null,
   "status": "watch（无价格，跟踪参与）"
  },
  {
   "id": "P5",
   "category": "crypto_primary",
   "name": "Note Systems (NOTE 积分, Robinhood Chain)",
   "cg": null,
   "llama": null,
   "conviction": "低",
   "thesis": "Robinhood Chain 上的结构化票据协议，测试网积分承诺转换为已上线的 NOTE；测试网免费（faucet 资产）。属于 Robinhood Chain 生态早期 beta。",
   "risks": "转换比例/日期未公布；合约审计未完成；团队匿名。",
   "sources": [
    {
     "label": "99airdrops",
     "url": "https://99airdrops.com/airdrops/note-systems/"
    }
   ],
   "entry_date": "2026-10-16 11:47",
   "entry_price": null,
   "current_price": null,
   "price_source": "无公开可交易价格",
   "price_time": "2026-10-16 11:47",
   "return_pct": null,
   "status": "watch（无价格，跟踪参与）"
  },
  {
   "id": "C1",
   "category": "crypto_secondary",
   "name": "Hyperliquid (HYPE)",
   "cg": "hyperliquid",
   "llama": "hyperliquid",
   "conviction": "高",
   "thesis": "链上永续龙头，收入几乎全部用于回购 HYPE；HyperEVM 生态（Papertrade 等）持续带来新增需求。",
   "risks": "竞争（各类 perp DEX）、解锁、监管。",
   "sources": [
    {
     "label": "DefiLlama",
     "url": "https://defillama.com/protocol/hyperliquid"
    }
   ],
   "market_cap_usd": 17970395103.713505,
   "chg_24h_pct": 3.2796717733581517,
   "fees": {
    "revenue_24h_usd": 3464883,
    "revenue_30d_usd": 71365473,
    "source": "https://api.llama.fi/summary/fees/hyperliquid?dataType=dailyRevenue"
   },
   "entry_date": "2026-10-16 11:17",
   "entry_price": 81.36,
   "current_price": 80.79,
   "price_source": "CoinGecko simple/price",
   "price_time": "2026-10-16 11:47",
   "return_pct": -0.700589970501464,
   "status": "active"
  },
  {
   "id": "C2",
   "category": "crypto_secondary",
   "name": "Pump.fun (PUMP)",
   "cg": "pump-fun",
   "llama": "pump.fun",
   "conviction": "中",
   "thesis": "Solana meme 发行平台，协议收入高且持续回购 PUMP；价格已大幅回撤，估值/收入比具吸引力。",
   "risks": "meme 周期性、竞品分流、团队/投资人抛压。",
   "sources": [
    {
     "label": "DefiLlama",
     "url": "https://defillama.com/protocol/pump.fun"
    }
   ],
   "market_cap_usd": 2081714055.5117779,
   "chg_24h_pct": 3.6732516362981618,
   "fees": {
    "revenue_24h_usd": 1379467,
    "revenue_30d_usd": 44067691,
    "source": "https://api.llama.fi/summary/fees/pump.fun?dataType=dailyRevenue"
   },
   "entry_date": "2026-10-16 11:17",
   "entry_price": 0.00455101,
   "current_price": 0.00448953,
   "price_source": "CoinGecko simple/price",
   "price_time": "2026-10-16 11:47",
   "return_pct": -1.3509089191190538,
   "status": "active"
  },
  {
   "id": "C3",
   "category": "crypto_secondary",
   "name": "Aerodrome (AERO)",
   "cg": "aerodrome-finance",
   "llama": "aerodrome",
   "conviction": "中",
   "thesis": "Base 链核心 DEX/流动性层，ve(3,3) 模式下 100% 手续费给 veAERO 投票者；Base 生态与 Coinbase 导流直接受益。",
   "risks": "排放稀释、Base 活跃度下滑。",
   "sources": [
    {
     "label": "DefiLlama",
     "url": "https://defillama.com/protocol/aerodrome"
    }
   ],
   "market_cap_usd": 916428210.8654248,
   "chg_24h_pct": 6.907067238839755,
   "fees": {
    "revenue_24h_usd": 328475,
    "revenue_30d_usd": 8213908,
    "source": "https://api.llama.fi/summary/fees/aerodrome?dataType=dailyRevenue"
   },
   "entry_date": "2026-10-16 11:17",
   "entry_price": 0.926426,
   "current_price": 0.915062,
   "price_source": "CoinGecko simple/price",
   "price_time": "2026-10-16 11:47",
   "return_pct": -1.2266495111320164,
   "status": "active"
  },
  {
   "id": "C4",
   "category": "crypto_secondary",
   "name": "Derive (DRV)",
   "cg": "derive",
   "llama": "derive",
   "conviction": "中",
   "thesis": "链上期权/结构化产品龙头，链上衍生品渗透率提升的高β标的。",
   "risks": "收入规模相对小（见数据）、流动性一般。",
   "sources": [
    {
     "label": "DefiLlama",
     "url": "https://defillama.com/protocol/derive"
    }
   ],
   "market_cap_usd": 410722432.20625913,
   "chg_24h_pct": 7.412086335629994,
   "fees": {
    "revenue_24h_usd": 23892.39,
    "revenue_30d_usd": 547289.8099999999,
    "source": "https://api.llama.fi/summary/fees/derive?dataType=dailyRevenue"
   },
   "entry_date": "2026-10-16 11:17",
   "entry_price": 0.410239,
   "current_price": 0.410866,
   "price_source": "CoinGecko simple/price",
   "price_time": "2026-10-16 11:47",
   "return_pct": 0.15283773605141437,
   "status": "active"
  },
  {
   "id": "C5",
   "category": "crypto_secondary",
   "name": "Pons (PONS)",
   "cg": "pons",
   "llama": "pons",
   "conviction": "中",
   "thesis": "Robinhood Chain 头部发射台，旧工厂部分收入回购销毁 PONS；押注 Robinhood Chain 生态扩张。",
   "risks": "v2 后 PONS 价值捕获弱化（文档称 legacy 机制）；单链依赖。",
   "sources": [
    {
     "label": "Docs",
     "url": "https://docs.ponsfamily.com/"
    },
    {
     "label": "CoinDesk",
     "url": "https://www.coindesk.com/price/pons"
    }
   ],
   "market_cap_usd": 224405510.3129331,
   "chg_24h_pct": 11.548105261227484,
   "fees": {
    "revenue_24h_usd": 3249,
    "revenue_30d_usd": 6549079,
    "source": "https://api.llama.fi/summary/fees/pons?dataType=dailyRevenue"
   },
   "entry_date": "2026-10-16 11:17",
   "entry_price": 0.340696,
   "current_price": 0.332282,
   "price_source": "CoinGecko simple/price",
   "price_time": "2026-10-16 11:47",
   "return_pct": -2.469650362786757,
   "status": "active"
  },
  {
   "id": "C6",
   "category": "crypto_secondary",
   "name": "Ondo Finance (ONDO)",
   "cg": "ondo-finance",
   "llama": null,
   "conviction": "中",
   "thesis": "RWA/代币化美债与代币化股票龙头，受益于 RWA 叙事。",
   "risks": "代币价值捕获弱；监管。",
   "sources": [
    {
     "label": "CoinGecko",
     "url": "https://www.coingecko.com/en/coins/ondo-finance"
    }
   ],
   "market_cap_usd": 2257853661.56605,
   "chg_24h_pct": 7.9991645850095345,
   "entry_date": "2026-10-16 11:17",
   "entry_price": 0.468593,
   "current_price": 0.46312,
   "price_source": "CoinGecko simple/price",
   "price_time": "2026-10-16 11:47",
   "return_pct": -1.1679645235844305,
   "status": "active"
  },
  {
   "id": "E1",
   "category": "us_equity",
   "name": "Robinhood",
   "ticker": "HOOD",
   "conviction": "高",
   "thesis": "代币化股票+自有 Robinhood Chain（Pons/Standard Reserve/NOTE 都在其上），零售交易与加密业务双驱动。",
   "risks": "估值高、交易量周期性。",
   "sources": [
    {
     "label": "Yahoo",
     "url": "https://finance.yahoo.com/quote/HOOD"
    }
   ],
   "entry_date": "2026-10-16 11:17",
   "entry_price": 103.99,
   "current_price": 103.99,
   "price_source": "Yahoo Finance chart API",
   "price_time": "2026-10-16 11:47",
   "return_pct": 0.0,
   "status": "active"
  },
  {
   "id": "E2",
   "category": "us_equity",
   "name": "Coinbase",
   "ticker": "COIN",
   "conviction": "高",
   "thesis": "美国合规加密入口，Base 链/USDC 分成/衍生品多元化。",
   "risks": "交易费率下行、币价相关。",
   "sources": [
    {
     "label": "Yahoo",
     "url": "https://finance.yahoo.com/quote/COIN"
    }
   ],
   "entry_date": "2026-10-16 11:17",
   "entry_price": 183.81,
   "current_price": 183.81,
   "price_source": "Yahoo Finance chart API",
   "price_time": "2026-10-16 11:47",
   "return_pct": 0.0,
   "status": "active"
  },
  {
   "id": "E3",
   "category": "us_equity",
   "name": "Circle",
   "ticker": "CRCL",
   "conviction": "中",
   "thesis": "USDC 发行方，稳定币立法与链上支付增长的直接受益者。",
   "risks": "利率下行压缩息差、对 Coinbase 分成依赖。",
   "sources": [
    {
     "label": "Yahoo",
     "url": "https://finance.yahoo.com/quote/CRCL"
    }
   ],
   "entry_date": "2026-10-16 11:17",
   "entry_price": 86.97,
   "current_price": 86.97,
   "price_source": "Yahoo Finance chart API",
   "price_time": "2026-10-16 11:47",
   "return_pct": 0.0,
   "status": "active"
  },
  {
   "id": "E4",
   "category": "us_equity",
   "name": "Galaxy Digital",
   "ticker": "GLXY",
   "conviction": "中",
   "thesis": "加密投行/交易+AI 数据中心转型，代币化股票先行者。",
   "risks": "业务复杂、币价敞口。",
   "sources": [
    {
     "label": "Yahoo",
     "url": "https://finance.yahoo.com/quote/GLXY"
    }
   ],
   "entry_date": "2026-10-16 11:17",
   "entry_price": 18.25,
   "current_price": 18.25,
   "price_source": "Yahoo Finance chart API",
   "price_time": "2026-10-16 11:47",
   "return_pct": 0.0,
   "status": "active"
  },
  {
   "id": "E5",
   "category": "us_equity",
   "name": "BlackRock",
   "ticker": "BLK",
   "conviction": "中",
   "thesis": "IBIT/BUIDL 代币化基金，RWA 叙事中最稳健的大盘标的。",
   "risks": "弹性低。",
   "sources": [
    {
     "label": "Yahoo",
     "url": "https://finance.yahoo.com/quote/BLK"
    }
   ],
   "entry_date": "2026-10-16 11:17",
   "entry_price": 1120.78,
   "current_price": 1120.78,
   "price_source": "Yahoo Finance chart API",
   "price_time": "2026-10-16 11:47",
   "return_pct": 0.0,
   "status": "active"
  },
  {
   "id": "E6",
   "category": "us_equity",
   "name": "Strategy",
   "ticker": "MSTR",
   "conviction": "低",
   "thesis": "BTC 杠杆代理，仅作观察/对冲参照。",
   "risks": "mNAV 溢价收缩、融资压力。",
   "sources": [
    {
     "label": "Yahoo",
     "url": "https://finance.yahoo.com/quote/MSTR"
    }
   ],
   "entry_date": "2026-10-16 11:17",
   "entry_price": 151.29,
   "current_price": 151.29,
   "price_source": "Yahoo Finance chart API",
   "price_time": "2026-10-16 11:47",
   "return_pct": 0.0,
   "status": "active"
  }
 ]
}