ExtraOrdinal Daily #111 | Is This Bitcoin’s Pump.Fun Moment?

31st Jan 2025 ||| Issue #111
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Table of Contents

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Todays Top Stories

Is This Bitcoin’s Pump.Fun Moment?

Runes have been everyone’s favorite punching bag lately—easy to dunk on, despite prices being down across all chains (and in some cases, even worse elsewhere). News of Hyperliquid’s potential involvement in revolutionizing Runes trading UX has been making the rounds, and many expected we’d have to wait for that before seeing any real movement.

However, while we were all busy yelling at each other on the TL, Bob Bodily—henceforth renamed Beautiful Bob Bodily in honor of the work he’s putting in for our bags—has been hard at work!

Beautiful Bob just gave Runes a massive upgrade with the launch of Odin Fun, a newly launched Runes AMM that aims to bring lightning-fast transactions to the ecosystem.

In short, Odin combines the speed of Solana with the reliability of Bitcoin, allowing trades to settle in just two seconds—leveraging an appchain called Valhalla to enable near-instant swaps, liquidity management, and token creation.

At a glance, Odin offers:

  • Speed – Instant transactions with two-second finality.

  • Ease of Use – No gas fees, no separate tokens—just Bitcoin.

  • Liquidity Features – Effortlessly add/remove liquidity and swap tokens.

  • Token Creation – Launch and trade meme coins in seconds.

How to Get Started with Odin

Setting up on Odin is simple and requires no additional software beyond your existing Bitcoin wallet.

  • Step 1: Log in with Your Bitcoin Wallet

Odin supports Xverse, Leather, Unisat, OKX, Phantom, and Magic Eden. Simply sign in using your wallet to create an Odin account.

  • Step 2: Deposit BTC

Once logged in, deposit Bitcoin into your account. Funds become available after just one confirmation, making the process much faster than traditional methods.

Note: Due to heavy traffic, deposits may take longer than usual. If your deposit doesn’t appear after one block confirmation, follow the troubleshooting instructions provided below:

  • Step 3: Trade, Add Liquidity, or Create Tokens

  1. Swap Bitcoin tokens instantly.

  2. Provide liquidity and earn rewards.

  3. Launch a meme coin and trade on Odin’s bonding curve, where tokens transition to the AMM after reaching a 1 BTC market cap.

Additionally, BLIFE is deeply integrated with Odin Fun, with BLIFE IDs built directly into Odin, BLIFE users set to receive benefits within the platform, and BLIFE quests soon to be incorporated.

If you’re not already soft-staking your assets with BLIFE, the best time was yesterday—the second-best time is right now.

So far, four tokens have “ascended”—Odin’s equivalent of graduating on Pump.fun. Many believe this is exactly what the Runes ecosystem needed: not just innovation, but fun!

Having launched just 12 hours ago, you’re still early if you’re reading this. The platform remains in beta, with Odin set for a public launch this Monday.

For now, you’ll need an invite code to get in—so here are five, first come, first served

  • gt4vuh6asa

  • t3d7bqqu3k

  • xru2cizbxy

  • p231metl9k

  • 07b3g490ma

And don’t forget to set your reminders for our 4th XO Weekly Space starting at 10 AM EST, where we’ll be diving headfirst into all of this and more!

Top Posts | Fresh Eyes Are On Runes: Show Them How To Get Started With This

Top Posts | Slingshot To List $DOG Soon?

Top Posts | Satflow Release New Feature

Top Posts | Lifofifo Ships AGAIN—This Time, a Prediction Game

Top Posts | Not Title Needed. Sometimes the Joke Writes Itself

Top Posts | Tether Brings USDt To Bitcoin

Daily Bites: Today’s Top Articles

Todays Markets

Ordinals

New lows are being found for two Blue Chip Ordinals collections, Bitcoin Puppets and NodeMonkes. Is this a rotation out of them and into Odin Fun?

Quantum Cats is still holding at around a quarter of a Bitcoin, but even they have seen a decline—so maybe. And if true, will the gamble pay off?

Personally, selling Blue Chips for fresh launches isn’t the best play, but maybe opportunity cost is a factor. Ordinals have been pretty static for a while, and short-term gains can be found elsewhere, at the very least.

The bottom half of the top 10 shows a few big winners for the day—Peter Schiff’s Golden Triumph and INK, the latter making a comeback after an absence from the rankings for a while.

An announcement yesterday teased something coming on February 5, which has driven the surge in volume. The heat INK has received feels overblown—the mint price was relatively cheap, certainly for the hype it had, yet commentators fixate on how much the project made while conveniently omitting similar cases where projects charged more but delivered far less.

Whether you find founder Brunno too spicy or outspoken, he’s still here and dropping something new—more than can be said for dozens of others that have come and gone. Good luck to them.

Runes

Oooaaahhhh—we are SO BACK!!

Runes have benefited massively from Beautiful Bob Bodily’s Odin Fun launch, as people have flocked to buy the established OGs. The top 5 is predictable and a solid indicator of which will run hardest if the bullish momentum continues with imminent listings and fresh integrations.

That said, sitting in 6th is CYPHER, which deserves a top 5 spot any day of the week. Bootoshi has hinted at some major updates coming soon, so keep an eye out—it could easily climb into the top 5 over the weekend based on that alone.

Volume is still leaving a bit to be desired in the bottom half, but again, that all looks set to change. Strap in.

Todays Opportunities

Giveaways

There are currently no raffles taking place today, but check back tomorrow for what’s next so you don’t miss out.

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Nothing in this or any other ExtraOrdinal Daily publication should be construed as financial or investment advice.

We trust this ExtraOrdinal Daily provided you with the information, insight and opportunities needed to have an ExtraOrdinal day! If you have any questions, suggestions, or a desire to contribute, reach out in the ExtraOrdinals Discord!

See you tomorrow!