Channel
@BullpenBrief
On this record: Growth · Engagement · What this channel posts · Reactions · Posts · Telegram's recommendations · Cite this entry
10,006subscribers
-39 since we began measuring on 7 August 2026
Risers and fallers across the register · movement among entries of 10,000–31,623.
| Telegram ID | -1002101823363 |
|---|---|
| Type | Channel |
| Username | @BullpenBrief |
| Description | Crypto-native research focused on the frontier Try Bullpen -> https://t.me/BullpenFiBot X -> https://twitter.com/BullpenFi |
| Created | Between 1 November 2023 and 31 May 2024— estimated from Telegram’s id allocation, not measured. How this range is calculated. |
| First recorded | 7 August 2026 |
| Last confirmed live | 15 August 2026 |
| Measurements held | 10 |
| Confirmed unchanged | 1 time, most recently 15 August 2026 |
| On Telegram | t.me/BullpenBrief |
| Measured (UTC) | Subscribers | Change |
|---|---|---|
| 15 Aug 2026, 16:56 | 10,006 | -10 |
| 14 Aug 2026, 01:45 | 10,016 | -9 |
| 12 Aug 2026, 22:26 | 10,025 | -1 |
| 11 Aug 2026, 21:24 | 10,026 | -1 |
| 10 Aug 2026, 21:52 | 10,027 | -4 |
| 9 Aug 2026, 21:51 | 10,031 | -6 |
| 8 Aug 2026, 23:02 | 10,037 | -6 |
| 7 Aug 2026, 19:25 | 10,043 | -2 |
| 7 Aug 2026, 11:30 | 10,045 | no change |
| 7 Aug 2026, 11:20 | 10,045 | first reading |
20 posts held, back to 18 November 2025 — the reader has not yet reached the start of this channel’s public history, so older posts may sit further back, unread. Read across 18 pagesof Telegram’s post history, 20 posts per page.
Nothing published in the last 30 days. ERR and ER are rolling 30-day measures, so there is nothing to compute — we hold 20 posts for this entry, the most recent from 26 March 2026. An engagement rate over an empty window would be a number about nothing.
Lifetime counters from Telegram’s own channel header, read 15 August 2026 — not the date at the top of this page, which is when the subscriber count was last read. Below Telegram’s rounding threshold, so these counts are exact.
236 reactions across 20 posts, in 9 distinct kinds. The most used accounts for 57.2% of them.
| Reaction | Count | Share | Share, drawn |
|---|---|---|---|
| ❤ | 135 | 57.2% | |
| 👌 | 35 | 14.8% | |
| 👍 | 29 | 12.3% | |
| 🔥 | 29 | 12.3% | |
| 💅 | 3 | 1.27% | |
| 💩 | 2 | 0.847% | |
| ⚡ | 1 | 0.424% | |
| 👏 | 1 | 0.424% | |
| 😴 | 1 | 0.424% |
No sentiment is inferred, and none should be read in. This table is ordered by count and by nothing else. Emoji do not carry stable meaning across languages or communities — 🙏 is thanks in one channel and mourning in another — so we publish which ones were pressed and how often, and pass no judgement on what an audience meant by them.
Precision. Telegram publishes reaction counts per emoji and short-forms each one — 4.34K, 1.2M — so any single kind at or above 1,000 reaches us at three significant figures, and only counts below 1,000 are exact. The shares above are ratios of those figures and carry the same error. This is also why the total here can differ slightly from a reaction total printed elsewhere on the page: both are sums of the same rounded parts, taken over samples with different edges.
Coverage. Reactions were read on 20 of the 20 sampled posts in this sample. Summed by Telegram’s own count on each post — not by adding up the per-emoji breakdown above — those same posts carry 236reactions in total: the kind of figure the paragraph above means by “a reaction total printed elsewhere on the page”.
Measured over the 20 most recent posts we hold, published 18 November 2025 to 26 March 2026, using the newest reading held for each. Telegram Stars are excluded: they are a payment, not a reaction, and they have their own section.
🐂 Bullpen Brief - 3.25.26 🐂 What Gets Monetized? Every major technological disruption creates a massive surplus of value. The interesting question is never whether the value gets created. It's who keeps it. The pattern is remarkably consistent. The steam engine commoditized quickly, but the factory system and supply chains organized around it kept the margin. Railroads compressed US freight costs by 95% over the 1…
❤10👍2💩1🔥1
🐂 Bullpen Brief - 3.12.26 🐂 Crypto's convergence problem (and why it's actually working) Mastercard launched its Crypto Partner Program this week, pulling together 85+ companies including Circle, Binance, PayPal, Ripple, and Gemini into a single initiative focused on bridging onchain payments with existing card rails. The framing is straightforward: cross-border transfers, B2B settlement, global payouts. Not tokeni…
❤8👍2🔥1
🐂 Bullpen Brief - 3.8.26 🐂 Stablecoins: What they can and cannot replace The "stablecoins kill Visa" narrative keeps circulating and it keeps being wrong. Start from fundamentals. A card transaction is not just a money movement. It is an unsecured credit extension, a fraud guarantee, and a dispute resolution mechanism bundled into a single swipe. Chargebacks alone process billions in consumer protection annually. W…
❤8🔥3⚡1👍1
🐂 Bullpen Brief - 2.25.26 🐂 Zero, a pretty new cool blockchain Every cycle produces a new "world computer" pitch. Most amount to the same thing repackaged: crank up validator hardware, sacrifice decentralization, etc etc. LayerZero's Zero is attempting something structurally different, and the partner list is what makes it worth paying attention to. Citadel Securities made a strategic investment in ZRO. DTCC, the e…
❤10👌3👍2👏1💩1🔥1
🐂 Bullpen Brief - 2.22.26 🐂 Banking-as-a-Service has a reconciliation problem. Onchain doesn't. A new paper from Cornell's Dan Awrey maps out something crypto participants should pay attention to: the rise of "Banking-as-a-Service" (BaaS) has created a shadow intermediation chain in traditional finance that mirrors the exact structural failures crypto has spent years trying to fix. The basic setup is straightforwar…
❤7👍3🔥3
🐂 Bullpen Brief - 2.17.26 🐂 RWAs don't need more tokenization. They need a credit market. Tokenization is mostly solved. RWA.xyz tracks roughly $24.78B in distributed asset value across 846,808 holders. Tokenized U.S. Treasuries alone sit around $10.71B with 65,179 holders. Private credit is real activity too: ~$20.53B in active loans at an average APR near 10.18%. The representation layer works. What doesn't work …
❤3👌2👍1🔥1
🐂 Bullpen Brief - 2.11.26 🐂 Commodity Perps Onchain: It's a Liquidity Problem, Not a TradFi Dependency Hyperliquid's HIP-3 framework is quietly turning the platform into a commodity derivatives venue. Since launching permissionless perp market listings in October, the results have been hard to ignore. On February 5th, HIP-3 markets recorded $5.2B in single-day volume, the highest since launch, led almost entirely by…
❤7🔥2👍1
🐂 Bullpen Brief - 1.30.26 🐂 Perpetual Commodity szn? Hyperliquid and HIP-3, the permissionless perp deployer, have taken commodity trading by storm. Open interest across HIP-3 exchanges hit $1.2B this week, tripling in the past month. TradeXYZ dominates with 90% volume share at $31.6B cumulative. Daily traders jumped from ~5k in November to 30k+ this month. The timing isn't accidental. Gold broke $5,000 for the fi…
👌4🔥3❤2
🐂 Bullpen Brief - 1.27.26 🐂 Banks Are Conflating Their Spread With Credit Availability - Clarity Act Ferguson and Rincon-Cruz argued in Bloomberg this week that stablecoins and bank deposits are complements, not substitutes. Historical correlation supports them: deposits and stablecoin inflows moved together since 2018 with a 0.87 coefficient. The problem is that stablecoin supply is still a crumb relative to total…
❤6👌1👍1🔥1
🐂 Bullpen Brief - 1.23.26 🐂 Why defi is a better version of private credit "Farm to table" is a phrase that private credit investors continually make. Instead of borrowers having a difficult time finding capital, private credit funds not only aggregate capital that wants to be productive, but often lower the cost of capital for the end borrower. The obvious question: the largest companies in the world issue public …
❤7👌1👍1💅1🔥1
🐂 Bullpen Brief - 1.22.26 🐂 IBRL Gets a Scoreboard IBRL (Increase Bandwidth, Reduce Latency) has been Toly's shorthand for Solana's technical direction since last year. Earlier this month, Jito made that thesis measurable with the IBRL Explorer, a tool that exposes what's actually happening inside Solana blocks. The findings are unsurprising to anyone paying attention: late packing (validators concentrating transac…
❤4👌2👍1🔥1
🐂 Bullpen Brief - 1.17.26 🐂 Why is Congress fighting over stablecoin rewards? The CLARITY Act was supposed to be the easy bill. After a decade of SEC vs CFTC turf wars, Congress finally had a framework: digital commodities go to CFTC, securities stay with SEC, everyone gets registration pathways, DeFi developers who don't custody funds get safe harbor. The House passed it 294-134 in July. The Senate was supposed to…
❤5👌2👍1💅1🔥1
Showing the 12 most recent of 20 posts we hold for @BullpenBrief. View and reaction counts are the latest single reading for each post, not a live figure, and a recent post is still accumulating both. A view count marked ≈ was rounded by Telegram before we ever saw it — t.me prints views in full below 1,000 and to three significant figures above, so ≈1,200,000 means somewhere between 1,150,000 and 1,249,999. Unmarked counts are exact. Text is reproduced from the public post preview and truncated for length.
The reverse of the list above, and a different kind of signal. This does not require this channel to have ever been asked about directly — each row below is a channel we DID ask Telegram about, whose Telegram-generated list happened to include this one. A channel can appear here with an empty list above it, because being named by someone else’s query is independent of having been queried itself.
This channel appears in 1 seed channel's Telegram-generated recommendation list in total. Each is Telegram’s list for THAT channel, not this one — see how this is measured.
A live page changes as we take new readings, so a citation should name the measurement it is based on, not just the URL. The line below cites the subscriber count as measured 15 August 2026 — this entry's latest reading, not the date you are reading this.
“Bullpen Research” (@BullpenBrief), 10,006 subscribers as measured 15 August 2026. Telegram Register, tgregister.com/channel/BullpenBrief.
Full measurement history, CC BY 4.0. Every reading this register holds for this entry, not just the latest one, as a dated, downloadable record: CSV · JSON. Free to use with attribution to tgregister.com. Each file carries its own generation timestamp, which is the figure to cite for exactly when the data was retrieved.