Joined August 2023
Big Sphinx retweeted
Replying to @Chevron
@Chevron is burning West Texas gas to spin 2.7GW of turbines so Microsoft can sell GPU time. Same megawatt, three prices: gas, power, compute. They don't move together. CME and ICE both launched compute futures on a GPU-hour index last month for exactly this reason.
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Just wrapped meetings with Senator Michael Bennet and Senator @Hickenlooper's office alongside @standwithcrypto and @fund_defi . As a founder and developer, I shared what regulatory clarity would mean for builders in Colorado and made the case for keeping developer protections in place as the Clarity Act moves toward a floor vote. Thank you to the Senator's staff for the time. 🇺🇸
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Big Sphinx retweeted
🔔 Sphinx Testnet Whitelist is now live on Galxe! Complete simple quests to secure your spot on the Sphinx Testnet whitelist. Early participants get XP multipliers — the earlier you join, the more you stand to gain. Link in comments👇
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Someone please send @JaMorant to the @MiamiHEAT
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Excited to be on with the @RevolveToken team here in a bit for a live space here on X. Tune in!
From Bricks to Blocks: How Real Assets Behave On-Chain When $140T+ commodities meet blockchain rails. Exploring RWA tokenization, institutional trading infrastructure & on-chain liquidity with @RevolveToken. 📅 January 6 | ⏰ 5:30 PM UTC 🔗 x.com/i/spaces/1OwGWeQODMnxQ
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Big Sphinx retweeted
AI might be a bubble. The build-out isn’t. The share of U.S. power consumed by data centers is set to increase 3X by 2030, hitting 11.7%. By 2030, they'll consume 606 TWh. Electrons > parameters. The race to train models has evolved into a race to energize sites. utilitydive.com/news/data-ce…
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Remember when we mentioned Periodic Cash-Settled Futures (PCSF)? Let’s make it real with an example showing why they’ll be a game-changer on Sphinx from day one. 🧵👇
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The AWS east outage is a firm reminder as to why decentralizing your infrastructure is so important. Critical service outages across exchanges and blockchains led to extreme volatility across tradable assets. Hopefully you weren’t left holding the bag.
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Official tokenomics are launching soon. What are you hoping to see?
Most people think running a validator in a proof-of-stake system is just about uptime and servers. It’s also about financial alignment - staking capital, taking economic risk, and anchoring trust in the system. Let’s unpack what that means in Sphinx. 🧵
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New musings on regulatory balance out today. medium.com/@SphinxProtocol/d…
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My 🥷🏼 @cz_binance ur invited to da cookout
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Big Sphinx retweeted
3/ A Real Problem 🤔 Co-founder @gcperrin explained this came from direct experience. While running a Bitcoin mine using natural gas, his team tried to hedge against price volatility but found the existing financial system was broken and prohibitively complex.
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Looking forward to chatting with @HOSS_ibc
🎙️ Upcoming AMA – The Future of On-Chain Commodities Join Sphinx CEO @bitpapi_ and CMO @Nitsua_D for a live discussion on how on-chain infrastructure is transforming commodity markets. 📅 Wednesday, October 8 🕓 4 PM UTC 🎤 Hosted by @hoss_ibc Topics: Market structure & institutional adoption Real-world use cases for on-chain settlement What’s next for the Sphinx ecosystem Set your reminders and we'll see you there!
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Awesome to sit down with @alpGasimov and @aly_madhavji to chat all things @SphinxProtocol
Thrilled to be featured on The Street Roundtable 🦁⚡ Our CEO @gcperrin + investor @aly_madhavji joined Alp Gasimov to talk 24/7 commodities, instant clearing, & onchain market structure. Full story here👇 thestreet.com/crypto/innovat…
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🚨 Big news: Blizzard Fund backed @SphinxProtocol in their $2M pre-seed round, alongside @EckCap, @BigBrainVC, @BlockchainFF, @cosmoshub, and more. Sphinx is building the first institutional-grade commodity derivatives exchange on its own Avalanche L1. Here’s why we invested 🧵
24/7 access to oil, gas, and global energy markets. Proud to back the @sphinxprotocol team as they launch the first commodity derivatives exchange on its own purpose-built L1. Powering profits, fueling 🔺doption.
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It’s been an incredible journey to build Sphinx, I’m so grateful to the team that helped make our recent funding possible. It truly takes a village. Besides our wonderful investors, a special thank you to Austin Durgee, Shevaan Jayasinghe, Matthew Williams, Jeffrey Vier, Glenn Shaw and my father Scott Perrin for the day one support to make this happen. We wouldn’t be here without you. More to come, but for now onwards and upwards 🚀
🚨 ANNOUNCEMENT 🚨 🚀 We’re proud to announce that Sphinx has raised $2M in our pre-seed round — led by Eckhardt Capital @EckCap, @eck0wns with participation from a powerful group of investors in Web3 and institutional finance. 🦁 Backers include: Big Brain Holdings @BigBrainVC Blockchain Founders Fund @BlockchainFF Blizzard Fund @BlizzardFund Trive Digital @TRIVEDIGI Cosmos Hub @cosmoshub London Real Ventures @LondonRealTV GS Futures 👼 Angels: Andrew Durgee, Stefan Rust, Zachary Keats Sphinx is building the first institutional-grade commodity derivatives exchange on its own permissioned Layer 1 blockchain that is purpose-built for the demands of modern energy commodities trading. We offer 24/7 access to futures, options, and perpetual swaps across oil, gas, and other major energy markets. This means: ⚡️ Atomic settlement 💰 10x lower trading fees 📈 28% boost in capital efficiency 🏦 50% reduction in back-office costs This raise fuels our next phase: launching our mainnet, deepening regulatory engagement, and onboarding institutional partners and validators. To our investors, angels, and early supporters — thank you. We’re just getting started. 💪 Powering Profits, Fueling Futures! #cryptofunding #Web3 #BlockchainInnovation #trading #Layer1 #energy
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It was a big day at HQ.
The look on @gcperrin's face when he see's our new Gold Badge. 😏 @Nitsua_D had to do it to em.🥇 #SphinxFi $SPHX
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Market fallout isn’t over yet don’t get suckered.
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I love watching infrastructure chains that have no real long-term business use die slow and painful deaths. Give the liquidity back to projects that are viable.
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