Story signal · how it spread on X · via Elfa

as of
thread quiet
Spread
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Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
16 accounts

first post
Leviathan +4.8 h later

BTC reaction
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Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−3.2% 24h after post

$85,966 → $83,223

Thread · 4 events · last update 29 Sep 13:10 · quiet
  1. First reportBitcoin collateral vaults launch on mainnet, enabling USDC borrowing against self-custodial BTC4 acc.
  2. Leviathan published this article
  3. UpdateZest Protocol enables native Bitcoin collateral deposits to borrow USDC on Ethereum3 acc.
  4. UpdateZest Protocol launches Bitcoin Collateral Vaults on mainnet7 acc.
  5. UpdateZest Protocol reports early Bitcoin collateral vault activity on Bitcoin L12 acc.

All times UTC.

Cited posts

  • @ZestProtocol Zest ProtocolFirst reportOn X ↗

    Bitcoin Collateral Vaults demo is now on mainnet. Deposit native BTC into a self-custodial vault on Bitcoin L1. Borrow Ethereum USDC against it. The capital layer for Bitcoin.

  • @xverse Xverse - Bank on BitcoinOn X ↗

    🚨 BREAKING: A new way to borrow USDC & keep your Bitcoin. Xverse + @ZestProtocol. Exclusive BTC wallet partner for their new Bitcoin Collateral Vaults. Try it for yourself at the link in the thread 👇

  • @TychoOnnasch tycho.btcOn X ↗

    A big day for Bitcoin. Borrow Ethereum USDC against self-custodial BTC locked on Bitcoin L1 🟧 https://t.co/VKGoPUFeob

Show 3 more cited posts
  • @godfred_xcuz Algorithm.btcOn X ↗

    Bitcoin Collateral Vault is now live on @ZestProtocol 🔥 🚀 You can now borrow USD against your BTC on Ethereum with peace of mind.$BTC stays on Bitcoin. Its value works elsewhere. A vault on Bitcoin holds your BTC, while you put its value to work on another chain. https://t.co/KLoXXbAQjf

  • @Ifeanyi_gmi Ifeanyi🛡On X ↗

    So the Bitcoin collateral vault on @ZestProtocol just went live and you now deposit BTC on Bitcoin L1 and borrow USDC on ethereum against it. I spent a few minutes navigating the feature and it was a very a simple experience. I was able to deposit up to $37 worth of $BTC and… https://t.co/cy5s9vB5yb

  • @Seven_Nguyen666 SEVENOn X ↗

    Today I tested @ZestProtocol Bitcoin Collateral Vault, and the whole experience was much simpler than I expected. I deposited 0.00042 BTC and borrowed 10 USDC against it. The interesting part? My BTC stayed on Bitcoin L1 no wrapping, no bridging, while I could still access USDC… https://t.co/5dOleohglj

10 more accounts posted about this

TradersTrader calls tracked by Elfa · not advice

Reaction since the first post

Since 23 Sep 10:19 UTC30+ calls opened · 15 long · 15 short

Ongoing flow, not necessarily a reaction: Elfa returns at most 30 calls, so this count is a floor.

Callers with a scored record

@neuromancer_t long · entry $84,041alpha +0.012 · 56% hit rate · 25 scored
@tradingjip long · entry $83,168alpha +0.008 · 56% hit rate · 39 scored
@CryptoA40672341 short · entry $84,225alpha −0.018 · 48% hit rate · 174 scored

Alpha, hit rate and sample size exactly as Elfa reports them.

Whole crypto market, not this story

Crowding68th percentile · vs last 28 days, 50 typical
Pulse 24h72/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.3% long · 12,074 accounts

As of 23 Sep 15:00 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

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