DeFi & Game Sectors Burn $1B in 1 Week: Why Sphinx, GTE, and Niural Are Rewriting Web3’s Rulebook
The $1B Week That Changed Everything
Last week, blockchain didn’t just move—it sprinted. Sixteen公开融资 events, $1.005B total. Not luck. Not hype. This was precision engineering—each dollar placed like a futures contract on an EVM chain.
I watched as Sphinx raised $2M Pre-Seed to build a Layer-1 derivatives exchange for oil & commodities. Yes—you read that right. A DeFi protocol trading crude futures on-chain? Sounds like satire. Then you check their whitepaper: it’s backed by Eckhardt Capital and thirteen VCs who still use Bloomberg terminals.
GTE: The CLOB That Faked Decentralization
GTE raised $15M from Paradigm claiming to ‘fix DEX latency’ by mimicking CLOB mechanics… while running on MegaETH. Classic contradiction: they’re building a centralized order book… but calling it ‘decentralized’. Welcome to Web3 logic—where the product is the lie.
I asked their founder: ‘So you’re replicating Binance?’ He smiled and said, ‘We’re doing better.’
Niural: The Payroll Trojan Horse
$310M for a crypto payroll platform? No one bats an eye—but this is the quiet pivot. Marathon Management Partners led it because CFOs now need real-time tax engines that auto-generate compliance reports. Niural isn’t paying employees—it’s automating HR into smart contracts that settle wages in ETH. This isn’t fintech. It’s financial warfare dressed as SaaS.
Digital Asset & Canton Network: The Real Playmakers
The $135M round for Canton Network wasn’t just funding—it was institutional surrender. DRW, Citadel, BNP Paribas—they all showed up to test RWAs on-chain: bonds, repos, commodities, derivatives—the whole NYSE shelf—in Ethereum format. The game changed when Mainstream Finance started using SDKs designed by crypto coders who studied under MIT—and never took accounting class.
BlockchainMaven
Hot comment (4)
DeFi ngelaburin $1B cuma modal kopi pagi? Sphinx naik bus ke GTE trus Niural jadi HR automation—katanya decentralized, tapi order booknya kayak pasar tradisional di Pasar Santa! Yang bayar gaji pake smart contract? Iya bro, ini bukan fintech… ini perang finansial versi “Saus Satria”! Kapan kamu beli token? Coba cek whitepaper-nya—tapi jangan lupa bawa saham dulu. #CryptoDenganNasi
So Sphinx raised $2M… and called it ‘decentralized’? Bro, your whitepaper looks like a jazz solo written on a Binance receipt. GTE’s ‘CLOB’ is just a centralized order book wearing a Web3 mask — congrats, you’re the new Enron from The Office. And Niural? Paying employees in ETH? That’s not fintech — it’s financial warfare dressed as SaaS… with better HR software than my ex’s dating app. Meanwhile, I’m over here in my Chicago loft wondering if this is innovation or just another crypto cult. Anyone else feel like they’re auditing reality with Excel? 🤔
Що за ми робимо? Sphinx продає олію через блокчейн… а GTE називає централізований ордер-бук «деконцентрованим»! І навіть Niural — не платить зарплату, а автоматично виплачує її у ETH як майбутний контракт! Це не DeFi… це фінансова війна з пакетами на Telegram! Хто хоче інвестувати? Пишіть у коментарях — чи ви теже свої гроші в бензин? 😅
کریپٹو کا جادو؟! GTE نے دیسینٹرلائزڈ کہا، لیکن آرڈر بُک سینٹرلائزڈ تھا۔ Niural نے پے رول کو سمارٹ کانٹریکٹس میں بدل دے دیا—اب تو اِن اس میں HR واقع میں بندش ہے؟! Sphinx نے $2M جمع کئے، لیکن انہوں نے اصل میں بلومبرگ ٹرمینلز استعمال کئے… اب تو سب لوگ خاموش چائے پینے لگ رہے ہیں، جبکہ عالمِّدِن فنانس اپنے SDKs سے ٹैकس رپورٹ بنارہا ہے۔ آج تو سوال: ‘آپ نے بائننس کو نقل بنایا؟’ جواب: ‘ہم بہتر کر رہے ہیں!’ 😅 تمام صارفین نمیرت؟
