ETHEUR
Ethereum / Euro
crypto Composite

Here is my take on the macro situation and where things are heading:
If the Fed hikes interest rates, especially with the Bank of Japan (BoJ) tight-rope situation right before their meeting, the Japanese might get squeezed hard. Since they are the largest foreign holders of US Treasuries, any major shift sends shockwaves. Risk-on assets like crypto, stocks, and even gold could take a hit as liquidity dries up and money flees to high yields and safe havens 📉💸
On the flip side, if Trump’s pressure somehow works and they cut rates, we get a short-term mega pump 🚀 But long-term? It’s terrible for the government's fiscal health and inflation. That’s why I don't think the Fed will fold like that. They’d honestly prefer to just keep rates on hold (pause) rather than risk a second wave of inflation.
To me, there are really only 2 main scenarios right now:
**Rates stay unchanged:** The market just crabs/chops along until a better structural solution comes up 🦀
**Rates get hiked:** Everybody gets squeezed, but inflation gets crushed and macro imbalances get reset (which benefits those stacking gold, like China) 🛑
For ETH and the broader crypto market to enter a real long-term bull run, we either need rate cuts/QE printing back on the menu, or we just have to wait for the massive boomer wealth transfer to play out over time 👴➡️👶
What do you guys think? Are we looking at a rate hike, a cut, or a prolonged pause? 💭

interesting, but I have doubts this works. how do you deal with prices swinging back and forth? the problem with this approach (based on your example) I see that when you swap excessive ETH for USDC at a lower price and then the price returns, say, to the middle of the range, you would need to swap excessive USDC back to ETH and pay back to the lending protocol, which means you sold ETH cheaply in the first place and then bought back ETH at a higher price. It is not clear to me whether this loss will be covered by the collected fees, assuming your range is narrow and price swings occur regularly.

WHATS UR ETH WALLET?

Anyone following Hooked Bitcoin should probably take a look at HETH
For people who already know Hooked Bitcoin (HBTC), this is an interesting one.
Hooked Ethereum ($HETH) launched only 2 days ago on Robinhood Chain. The team describes it as an improved version of the Proof of Swap idea behind HBTC.
I went through the docs because I wanted to understand what they actually changed and theres some pretty interesting stuff in there.
With HETH buying is basically mining. Every 6.9 minutes theres a new mining block. When you buy HETH you get your tokens immediately, but your buy also counts as work for that block so you can earn part of the mining reward.
They also released the Auto Miner today which makes this a lot more interesting imo.
Instead of manually buying every block you can deposit ETH, choose how much you want to use per block and how many blocks you want it to run. It then automatically makes recurring HETH buys for you.
So you’re basically DCA’ing into HETH and mining at the same time without having to sit there buying every 6.9 minutes.
Then you have the 7 Defense Walls.
Trading fees continuously fund buy orders sitting 5%, 10%, 15%, 20%, 30%, 40% and 50% below the reference price.
If price drops into one of those walls, the ETH sitting there buys HETH and the HETH bought by the wall gets burned.
This is probably the most interesting part to me. Right now the walls have enough buy liquidity relative to the circulating HETH that they can absorb a huge amount of selling. And even when a wall gets used, new trading fees start building the walls again.
So its not just one big buy wall that disappears and thats it. Buy and burn fees keep feeding ETH back into the system and rebuilding buy liquidity underneath the market.
The walls also move with the market. Roughly every 12 hours the reference moves upwards toward the market price, capped at around 12.5% per update. So when HETH moves up, the Defense Walls can slowly grind upwards behind it aswell.
Another thing I didnt realize at first is how fast the halving works.
Mining rewards halve roughly every 30 days. Kinda gives me early BTC mining vibes, just on a much faster timeline.
So basically:
Buy HETH → mine HETH
Auto Miner → automatically buys/mines each block
Trading fees → build 7 Defense Walls
Price hits a wall → wall buys HETH
HETH bought by the walls → burned
Fees → start building the walls again
Mining rewards → halve roughly every 30 days
Theres also no team/founder allocation, no owner or admin keys and the starting liquidity is protocol owned.
For anyone who already knows HBTC you’ll probably recognize a lot of the idea behind it. HETH is basically trying to build further on that concept, especially with the Auto Miner and the way the Defense Walls work.
No idea yet if it actually ends up being better than HBTC but I can see why they’re making the comparison.
Its literally 2 days old, around a $40k market cap and only has around 150 holders right now, so really early but also a high risk.
Thought it was interesting enough to share here.
DYOR
https://hookedethereum.org/

ETH Daily - 15th September 2026 📰
\-CLARITY Act fails: 49 YAE, 50 NAY.
\-ETHSecurity Initiatives round 2 funding.
\-Aave Custodied Collateral Lending.
\-L2Beat introduces an ossification score.
\-The EF is hosting an AMA tomorrow.
\-Robinhood employees charged with insider trading.
\-Nethermind releases 2.0.0-rc2.
[https://ethdaily.io/senate-fails-to-pass-clarity-act-1](https://ethdaily.io/senate-fails-to-pass-clarity-act-1)

Something I've been thinking about lately.
If I have $10k in ETH, I can lock it up and borrow against it pretty easily.
But if someone has $10k worth of gold, a small business, a salary, or another productive asset, getting access to comparable on-chain liquidity is a completely different story.
It feels a little backwards.
DeFi has global liquidity and pretty efficient capital markets, but the typical borrower is still someone who already owns crypto.
Is the main blocker regulation/legal enforcement, or is there simply not enough demand for real-world secured lending?
Curious how people here think about this.

BTC and ETH are doomed 💀💀💀

For people who already know Hooked Bitcoin (HBTC), this is an interesting one.
Hooked Ethereum (HETH) launched only 2 days ago and currently has a mcap of 60K. The team describes it as an improved version of the Proof-of-Swap idea behind HBTC.
And today they just released something I think makes the whole mining concept a lot more interesting: Auto miner
Normally with HETH, buying = mining. Every 6.9-minute block, your buys count as work and give you a share of that block’s mining rewards.
The new Auto Miner basically automates that process.
You can deposit ETH, choose how much you want to buy per block and how many blocks you want it to run for. It then automatically makes recurring HETH buys across those blocks, so you’re continuously participating in the mining without having to manually buy every 6.9 minutes.
And you still keep the HETH it buys + the mining rewards.
Basically a DCA bot and miner combined.
Then there’s the other part I really like: the 7 defense walls.
Trading fees continuously fund buy orders below the reference price at 5%, 10%, 15, 20%, 30%, 40% and 50%.
If price drops into one of those walls, the protocol buys HETH. HETH bought through filled walls is then burned.
So its like:
Buy HETH → mine HETH
Auto Miner → automatically buys/mines every block
Trading fees → build 7 Defense Walls
Price hits a wall → protocol buys HETH
HETH bought by the wall → burned
I did not understand it at first but when you read the whitepaper it’s a really unique concept, same as HBTC.
There is no team/founder allocation, no owner or admin keys, and the starting liquidity is protocol owned.
For anyone familiar with HBTC, you’ll recognize the Proof-of-Swap idea, but HETH is trying to build further on the concept. The Auto Miner in particular is a pretty interesting addition.
Whether it actually ends up being better than HBTC obviously remains to be seen. But it’s literally 2 days old, around 60K mcap, and the Auto Miner only went live today.
Thought it was interesting enough to share while basically nobody is talking about it yet.
Obviously extremely early and high risk, so DYOR.
Website:
https://hookedethereum.org/

ETH 24h volume looking good on coingecko

Disclosure up front: I built this. I take 0.075% of the ETH side of a swap. Another 0.075% goes somewhere else — a separate multisig I'll explain below, so that somebody who isn't me can get paid to keep this alive. Both addresses are burned into the contract at deploy. Neither can be changed, by me or anyone.
The protocol isn't mine. That's Athanor's, built on Joël Gugger's paper. The ed25519 library the contract uses is Jan Vornberger's, turned into a Solidity library by hbs.
Last time I was in here I said ETH-XMR atomic swaps were dead and that nobody was funded to keep one running. Both wrong, and monerobull was the one who put me straight. I posted an apology. Somebody replied that it was accepted and to get back to work.
So here's the work.
What's live
Contract on Base: 0xC2b2e8D385309d6552657c0b80434ca616DE12fC. Verified on Basescan. 525 lines. No owner. No admin function. No upgrade path. owner() doesn't exist — the call reverts.
A buyer page that needs a browser wallet and nothing else: https://dafarusd.github.io/monero-swap/
A seller program, monero-swap-v2, in the repo.
https://github.com/dafarusd/monero-swap
Nobody's selling on it. Including me. The board is empty as I write this, so there's nothing to take today. I'd rather say that than have you click and find out.
How it works
Buyer locks ETH in the contract. Seller sends Monero to an address that needs both parties' one-time keys to spend. Buyer confirms it arrived. Seller collects the ETH — and collecting is what reveals the seller's one-time Monero key on-chain. Buyer adds that to their own key and can spend the Monero.
Seller never sends? Buyer takes the ETH back. Buyer refunds? That reveals the buyer's key, and the seller sweeps the Monero back. Nobody ends up holding nothing.
The contract checks the revealed key itself — an ed25519 scalar multiply against the committed Monero public spend key. Athanor used secp256k1 and a cross-curve DLEq proof because that multiply costs too much on Ethereum mainnet. On an L2 you can just do it, and the whole DLEq layer vanishes from the client.
What I changed in v2, and why
Timeouts are 24 hours minimum now. They were an hour. That was a bug. Base runs one sequencer, and if it censors you your way out is forcing the transaction in from L1, which takes about twelve hours. An hour-long window can close while you're being censored and you'd never get a move in.
Sellers post a bond — 5% of the offer's ceiling. It comes back every time, whichever way the swap ends. It's never handed to the other side. The contract can't see Monero, so it can't tell a seller who didn't deliver from a buyer who bailed, and a bond it can't judge fairly is one it has no business keeping. It's there so spamming the board costs something.
Fees are credited, not sent. If a fee address is a contract that reverts when it receives, and you push the fee inside claim, that address can brick every claim in the system. So the contract credits it and you withdraw later. Pull, don't push.
Tokens are gone. v1 swapped ERC-20s. An issuer can freeze a contract's balance and strand every swap sitting in it. hbs's FAQ made that argument before I ever started. I shipped tokens anyway, then pulled them.
The offer board lives in contract storage. Enumerable, so finding an offer never depends on how long some node kept its logs.
Measured today: posting an offer 357,981 gas, taking one 254,026, marking ready 30,904, claiming 617,795. At the gas price my own deploy paid, a claim runs about 0.0000037 ETH. 83 Foundry tests pass, twelve of them invariants the fuzzer hammers across 128,000 calls with no reverts. The one I care about checks that every wei the contract holds is either a bond, money owed, or value in an open swap — measured against a ledger the test keeps itself, not against the contract's own books.
The fee, the dev fund, and handing this over
This is the part I actually want feedback on.
This sub has watched a swap project die because one person stopped caring. I don't want to be that, so the money is arranged to outlive me.
0.15% comes off the ETH side of a swap. It splits in half. 0.075% to me. The other 0.075% goes to a dev-fund multisig at 0x61C9cc608Edf3Ba392B8c654171823984FA32240. That's not a donation address and it's not mine to spend on whatever — it's there so somebody who isn't me can be paid to maintain this.
Here's why that's a real mechanism and not a nice sentence. The contract's copy of that address is immutable, so it gets paid forever regardless of who's running things. But a Safe's signers are not immutable. Add signers, change the threshold, and the people doing the work control that money — no redeploy, no migration, nobody asking my permission. That's the whole reason the fee splits in two instead of landing in one wallet.
Where it stands right now, honestly: both Safes are 1-of-1, both signers are me, and both hold exactly zero, because no swap has ever paid a fee. It's a mechanism, not a treasury. I'm not going to call an empty wallet a war chest.
And there's nothing to hand over on the contract itself, which is the point. No owner, no admin function, no upgrade path. Nobody can change the fee, the split, the bond, the timeouts or either payout address. It runs whether or not I'm around. That part's finished, not promised.
What I keep is the 0.075%, permanently, and I can't redirect it any more than a successor could. If this outlives my interest I end up a fee recipient while somebody else runs it. That's the arrangement, said out loud now rather than sprung on anyone later.
The backstop matters more than any of it: you don't need my permission for a thing. It's MIT. Take the contract, put your own two addresses in the constructor, set your own fee, set it to zero if you like, deploy it. I have no claim on yours. Only thing that makes this one mine is that I deployed it first.
The other one, and where it's better than mine
hbs's MoneroSwap: https://codeberg.org/moneroswap/moneroswap. MIT. The dApp was funded by a CCS of 135 XMR, finished and paid in February. Talks at EthCC and two MoneroKons. Still shipping security fixes this week.
We landed on the same answers independently more often than not — on-chain order book, ed25519 checked on-chain with no DLEq, 24-hour minimum timeouts, native currency only, deposits from both sides, no upgrade path.
Where theirs wins:
Their seller runs no software at all. Browser wallet, plus a normal phone wallet to scan a payment QR. No daemon, no wallet-rpc, no CLI. Mine needs a program running. If you want to sell Monero once, theirs is the better tool and I'm not going to pretend otherwise. I didn't copy it because I wasn't building for the one-off sale — I wanted something that keeps an offer up continuously and survives a restart with nobody watching. Once a long-running thing holds Monero and signs by itself you need wallet-rpc anyway, which is why their market-making bot needs it too. But they made the manual path work without any of that and I didn't build a manual path at all. That's a hole in mine, not a design choice I'm proud of.
Reproducible builds. Their docs tell you to hash the deployed code and match it to a repo tag. I tried it on one of their deployments and it matched exactly. Their app is static, pinned on IPFS, addressed by ENS. Mine's a GitHub Pages build and you're trusting the bundle came from the source. Theirs is better and I'm copying it.
Both directions. They run a buy book and a sell book. Mine has one — the maker is always the Monero side. Sitting on ETH, you can only wait for someone to post; you can't advertise a bid.
Funding requests, so a seller with no native coin can borrow the deposit from a third party.
No protocol fee. Theirs takes nothing. Mine takes 0.15%.
Where mine differs. Three things, all checkable:
No owner, at all. Theirs has one, set in the constructor, who can move the coverage ratio, the funding fee, book sizes, offer limits, both delays and the price oracle. They know it's a risk — the owner can lock the contract for a stretch and their app shows a padlock, and their own safety doc warns parameters can shift between you posting an offer and someone taking it. Their deployed Gnosis contracts carry three more owner functions than their current source does, left from an sDAI yield feature, and the owner called withdraw on it as recently as March. That's yield, not swap principal, and it's in their FAQ. Still a key that can do things. Mine has none.
It pays for itself. Their CCS is finished and only ever covered the dApp — the contract was unpaid work. Grants end, then maintenance stops. That's the failure I'm building against. You may think taking a fee is the wrong trade. Fair.
The page does its own Monero scanning. View-tag matching, ECDH amount decryption, commitment check, in JS, so it can tell you the money landed rather than asking you to go look.
On chains: they're on Gnosis, Lens and Stable — native currencies that are stablecoins, which is a clever way to offer stablecoin swaps without ever touching an ERC-20. They're on Base too, same address, empty book there like everywhere else. I'm Base only. Not dressing that up as an edge: Gnosis gas is ten wei, so their swaps cost less than mine do.
Why build it when your wallet already swaps
Because it doesn't, in this direction.
The swap buttons in Monero wallets sell Monero. They take your XMR and hand you something else. Try to go the other way — turn ETH into Monero without an account — and there's no button. I went and read the source of the one I use to be sure, and the source coin is hardcoded. The receive screen doesn't contain a line of swap code.
There's also no trustless option anywhere in shipping wallet software. eigenwallet does real atomic swaps, but it's desktop-only and Bitcoin↔Monero.
And the swaps those buttons do run aren't trustless either. They hand your coins to an exchange service, which holds them and then sends the other asset. From the AML policy of the one behind it:
"Exolix reserves the right to suspend, delay, reject or cancel transactions until compliance review procedure is completed."
They can ask for legal name, date of birth, address, citizenship, government ID, a selfie or liveness check, proof of address, source of funds, source of wealth. And:
"Failure to provide the required information will lead to transaction delays, cancellations, restrictions on account or exclusion from the use of the Services."
"Exolix is not obliged to notify the user about reporting, reviewing, and flagging any transaction, wallet or activity related to compliance."
The one that should bother this sub most, about coins already sitting in their deposit address:
"If the funds that came to the deposit under your transaction were recognized by the system as suspicious, we may ask you for information to verify the source of the funds. If you refuse to provide such information, we are not responsible for ensuring the refund or completion for this transaction."
ID asked for after they're holding your Monero, and they've written down in advance that refusing might cost you both the swap and the coins.
Two more, since this is r/Monero. You have to turn Tor off to use it — the wallet says so itself in the error string. And in May 2026 a researcher found that service's partner API was handing out full transaction histories: 355,944 swaps, $39.5M, deposit addresses matched to withdrawal addresses. Monero was the single largest asset in the dump. That's precisely the link a swap is supposed to break. Their answer was that the access was "in fact a feature."
None of which is a warning you'll see in the app. I grepped every string in it — there's an IP note and nothing about custody, ID or frozen funds.
The part I can't spin
Nobody trades on either of these. Not mine. Not hbs's.
Every mainnet order book of theirs I checked is empty. Their busiest deployment has 87 transactions and the one complete swap I could trace had the same address on both sides — a developer testing. Mine has zero swaps and zero offers. Two people built ETH↔XMR atomic swaps and there's no volume on either.
Their project isn't dead, to be clear — hbs shipped fixes this week and has 565 commits behind him. Mine's just new. Neither of us has users.
People had the choice and they took the custodial one. Ten to thirty minutes, about 0.79% in spread, and they accept that someone might ask them for a selfie holding their ID. Against that, this asks for a 24-hour wait, a program left running, and a counterparty who doesn't exist yet. I get it. I'd make the same call most days — and I did. The Monero I was going to sell trustlessly, I bought through a custodial exchanger, because it was there and this wasn't.
So I'm not telling anyone to switch. Use the wallet, it's faster and it works. I built this for the case where nobody's holding your coins while they decide whether to give them back.
Run a seller
The ask, if there is one. Contract works, page works, nobody's selling.
git clone https://github.com/dafarusd/monero-swap.git
cd monero-swap
./scripts/install-monero-linux.sh
make build-swap-v2
./bin/monero-swap-v2 --eth-rpc https://mainnet.base.org --contract 0xC2b2e8D385309d6552657c0b80434ca616DE12fC terms
terms reads the live contract and prints the fee, the split, the bond and the timeouts before you put anything in. Don't take my word for those numbers — that command doesn't either. Then addresses to see what needs funding, then:
./bin/monero-swap-v2 --eth-rpc https://mainnet.base.org --contract 0xC2b2e8D385309d6552657c0b80434ca616DE12fC --monerod-host node.monerodevs.org --monerod-port 18089 maker run --payout YOUR\_ETH\_ADDRESS --min 0.01 --max 0.1 --price 15.5
\--payout is any wallet you want; it never touches the gas key. --manual-xmr if you'd rather the program didn't hold your Monero — it watches, you pay from your own wallet.
Two things that'll catch you:
The bond comes out of the same key that pays gas. 5% of your --max. Fund it for both.
The bond returns as a credit inside the contract, not a transfer. maker run collects it after each swap on its own; withdraw does it by hand. Miss that and your bonds pile up and it looks like the contract ate them.
And the one that matters: this program has never carried a swap start to finish. The logic is the v1 seller's, which did run real swaps on test networks, but nobody's run v2 against a real buyer. Use an amount you don't care about. Tell me what breaks.
Limits
Not audited. 525 lines, tests pass, nobody outside the repo has read it. Tests only prove what I thought to check.
The v2 seller has never completed a swap.
Five swaps and one refund ran end to end on test networks, all on v1. No real-money swap has finished on either version.
The seller has to be online and act inside the windows. That's Monero, not a bug.
24-hour timeouts tie your money up for a day.
My page has no reproducible-build story. Theirs does.
Base only. The same contract runs on any EVM chain, and every extra chain splits the sellers.
One offer direction. Running a seller is selling Monero for ETH, so both roles exist — but only the Monero side can post. No buy-side book.
If you spot a hole in the key check or the accounting I'd rather hear it here than read about it on Basescan.

you mean ETH

We don’t need it and we’re most likely not getting it. We have bull runs during rate hikes like we did in 2023 and we’ll continue to have bull runs without the clarity act if need be. We’re in extremely bullish posture right now with ETH leading

In summary…?? Someone gifted me ETH I own just under 3.5 but don’t follow trends or know much about it

I don't own ETH...when a coin is moving from an exchange the search should look at the block chain to see if it was sold or moved to a long term wallet. If it was sold and gone from the exchange? This could indut that the coin has lost its popularity. If it is gone from an exchange and moved to a wallet? It indicates long term ownership as the coin is adopted.

Only 6.06M ETH is currently held on exchanges, down from a peak of 22.9M ETH in June 2020.
That’s a massive 73% decline in ETH held on exchanges, bringing exchange balances to an 11-year low.
But the more interesting part isn't simply the size of the decline. It’s what this trend says about how ETH is being held across the ecosystem.
Over the years, more ETH has moved away from immediately tradable exchange balances and into staking, ETFs, corporate treasury holdings, and long-term custody. At the same time, millions of ETH are being used to help secure the network through staking.
There is also an important distinction here: low exchange supply doesn't automatically mean ETH's price has to go up. But it does mean there is less ETH sitting on exchanges ready to be traded at any given moment.
That structural shift may end up being one of the most important parts of Ethereum's long-term story.
Full post: [https://x.com/everstake\_pool/status/2099873825135452176](https://x.com/everstake_pool/status/2099873825135452176)

Crypto has two pretty big events coming up almost back to back.
The Senate is voting on whether to move the CLARITY Act forward, and then we’ve got the Fed rate decision right after that.
The regulation side feels important longer term, but I’m wondering if the Fed still matters more for price in the short term.
If the bill advances but the Fed comes out hawkish, does crypto still sell off anyway?
What do you think will actually move BTC and ETH more this week?

ETH held the $2.4k area and pushed toward $2.6k, starting to look like a real trend now?

**Waiting until after Wednesday, Sept. 16, around 2–3 PM CT, then reassess.** By then you’ll have seen the market reaction to both the **CLARITY Act vote** and the **Fed rate decision/press conference**.
The idea isn’t to buy blindly after those events. It’s to watch for the likely volatility and, if BTC/ETH sell off on the news without the longer-term thesis breaking, **buy the dip instead of buying right before two major catalysts**.

Well, ETH does pay dividends lol

I always use ETH for everything. I'm wanting to use his price action theory in relation to how it bounces off support and resistance levels. I just started looking into him but I think understanding the way candles move based off price action is a really important concept that I've had on the back burner for quite some time. I know another user on this post suggested trading higher time frames and looking for the same setup aligning across multiple time frames to confirm his strategy.
I've been looking into Chris Drysdale and his Vwap Wave System strategy that can be found on YouTube. I recommend checking out his discōrd (have to spell it weird or reddit flags me for trying to d.m. users). He has a paid course but gives a 7 day free trial where he live trades and shows how his strategy works. He also has live trading on YouTube but with around a 2 minute delay which is more for educational purposes to show how he takes trades using his strategy.
Vwap is important for understanding how price reacts off of certain levels using the vwap bands, initial balance levels, and session volume profile levels. It's about trading off the continuation or rejection off these bands and maintaining good r:r ratios to remain profitable. He claims a 65-70% winrate which is impressive but I'm still looking into his live streams to confirm these results.
My goal is to master Drysdale's vwap wave system strategy and combine Oliver Velez understanding of price action to lock in on when there will be a continuation or reversal off of these vwap band levels. Chris's strategy is great for understanding how to overcome the noise of the market open and ORB levels as well as getting a better understanding of how price reacts off key levels and taking advantage of it.
He does key in on price action, but his free YouTube breakdowns of the strategy only go so far in depth without having to pay $70 a month for his paid courses which many users on this sub have vouched for helping them pass their evaluations for a funded account.