Hyperstition #20 — May 28, 2025
Time.fun markets open to all, Metamask finally on Solana, and more.
Time.fun markets are now open to everyone
Time.fun’s tokenized time markets are now permissionless, meaning anyone can create a coin representing a claim on his or her time.
The Solana token launchpad has also kicked off a points program to incentivize user onboarding and engagement.
Time.fun has opened its tokenized time marketplace to the general public and launched a points program to incentivize users to join and engage on the platform, the Solana token launchpad said.
Starting May 27, anyone can use Time.fun to create a tradeable token representing units of his or her time. The platform previously required users to obtain permission from the core team before launching a token.
Holders of Time.fun tokens can pay creators to respond to direct messages or partake in calls, video conferences and group chats. Creators can also host auctions for specific services.
“What we’re trying to do is make your time valuable — in the sense that if someone wants to connect with you, they have to pay you for access to you,” Time.fun co-founder Kawz said Friday during Solana’s Accelerate 2025 event in New York City.
Users can also earn points for trading and holding Time.fun coins, or spending them to access creators on the platform, the launchpad said in a May 27 X post.
Time.fun has not specified what, if anything, the points are redeemable for, but points programs in Web3 usually precede an airdrop.
‘Time Capital Markets’
In February, Time.fun launched a permissioned version of its platform that let select influencers — such as Solana co-founder Toly and memecoin influencer Ansem — create tokenized time markets.
As of May 28, Time.fun has launched 180 coins, each representing a different influencer, according to data from Time Capital Markets, a dashboard.
The tokens collectively comprise nearly $14 million in market capitalization and have earned creators upwards of $750,000, the data shows.
Time.fun is part of the broader Internet Capital Markets (ICM) meta sweeping the Solana network’s application ecosystem.
First described by venture firm Multicoin Capital in a January whitepaper, ICMs are global, permissionless marketplaces for tokenized assets — including memecoins and real-world assets (RWAs) as well as completely new asset types only possible on Web3.
Creating a coin on Time.fun means “a capital market forms around your time,” Kawz said during the Accelerate event.
For instance, “imagine if you could have bought [famed podcaster] Mr. Beast’s time early in his career,” the Time.fun co-founder said.
“You could now… sell that time at a premium,” Kawz said, adding that he eventually “envision[s] a whole ecosystem of apps and platforms built on top of” Time.fun.
In other news…
Metamask finally adds Solana connectivity to browser wallets
Metamask, one of the most popular Web3 wallet providers, has finally added connectivity to the Solana network to its browser extension, the platform said in a May 27 X post. Metamask has historically focused on the Ethereum network and related chains. It has lost market share to rivals such as Phantom after Solana began to emerge as a dominant venue for retail traders last year.
Hyperdrive launches stablecoin money market on Hyperliquid
Hyperdrive has launched a stablecoin money market on Hyperliquid’s smart contract platform, HyperEVM, the decentralized finance (DeFi) protocol said in a May 27 X post. It will add to the network’s growing roster of stablecoin minting and lending protocols, including HyperLend and Felix. As of May 28, HyperEVM has nearly $1.5 billion in total value locked (TVL), according to data from DeFiLlama.
By the numbers…
