VOLT WIREUS MARKETSSPY 760.84 -0.23%QQQ 739.14 -0.09%DOW 50,700 -0.40%BTC -- LIVEGOLD 4,184 -0.07%WTI 91.72 +1.44%VIX 17.35 +6.18%SOX 12,644 +0.12%EQUITIES & FUTURES: THU OCT 1 CLOSEFOLLOW @VOLTDISPATCH ON XVOLT WIREUS MARKETSSPY 760.84 -0.23%QQQ 739.14 -0.09%DOW 50,700 -0.40%BTC -- LIVEGOLD 4,184 -0.07%WTI 91.72 +1.44%VIX 17.35 +6.18%SOX 12,644 +0.12%EQUITIES & FUTURES: THU OCT 1 CLOSEFOLLOW @VOLTDISPATCH ON X
Section

The Degen Files

Leverage, liquidations, and the people who refuse to learn.

MicroStrategy Copycat ETFs Are Now Bigger Than MicroStrategy Stock

Retail traders wanted Bitcoin leverage with a stock ticker, so Wall Street gave them three — and they bought $2.4 billion worth in nine months.

Bitcoin ETFs Lost $450M Because Congress Forgot How to Pass Laws

The CLARITY Act died in the Senate and retail panic-dumped crypto ETFs like lawmakers had just banned the internet.

You Can Now Buy an ETF That Bets Against XRP. Yes, Really.

The SEC just delayed a leveraged short XRP fund until October, which means someone actually filed paperwork to create this thing.

712%BORROW RATE · 0 SHARES TO SHORT

Boxabl's Borrow Rate Just Hit 712%. There Is Almost Nothing Left to Short.

A float in the single-digit millions, 99.6% of lendable shares already lent out, zero shortable shares at IBKR, and a 712% cost to borrow. Is $BXBL setting up for a squeeze?

Robinhood Put Stocks on a Blockchain and Degens Turned Them Into Memecoins

The chain was built for tokenized securities; traders immediately started pumping fake tokens with ticker symbols instead.

July$

He Was Up 1,000%. Then July Happened.

Situational Awareness ran 4x leverage into the greatest AI rally ever recorded. It took one month for the market to take it all back, and Citadel was waiting at the bottom with a checkbook.

-30%

The DORK Basket Is the Most Honest Thing in This Market

Krispy Kreme, Opendoor, Rocket Lab, and Kohl's. Donuts, houses, rockets, and department stores. Finally, an index that tells the truth.

Wendy's Is a Meme Stock Now and Honestly It Makes Sense

44% short interest, a 7.5% dividend, a new turnaround CFO, and one r/wallstreetbets thread with 23,000 upvotes. The Save Wendy's trade was inevitable.

the lore continues

GameStop Again? GameStop Again.

Squeeze chatter, Ryan Cohen acquisition rumors, an eBay-shaped hole in the story. The lore continues because the lore is the product.

0DTE

The Confessional: I Traded 0DTE Options Every Day for a Year

Reader-submitted, anonymized, lightly edited, heavily relatable. First in a series we will regret.

YES 62%NO 38%

Prediction Markets Are Just Sports Betting for People With Bloomberg Terminals

Polymarket and Kalshi turned every news cycle into a tradeable event. The degens did not need the encouragement, but they appreciated it.