building something on hyperliquid | AI safety research engineer | helped do @hl_hackathon | $hype
- Tweets 11,059
- Following 2,093
- Followers 3,861
- Likes 46,456
i used my @HyperliquidX airdrop to quit my job and go back to school to study music
shocked by how the closest people in my life don't understand
"throwing away" a career
unironically when did we all lose sight of our dreams?? why is this anything but wonderful news??
97
10
480
25,202
your founder tweeted all summer and their platform broke during the largest liquidation event in the history of crypto
this guy tweeted like a handful of times this year and his platform performed nominally yesterday, leading to the fairest, most transparent and fastest settlement of positions in the entire industry, including centralized exchanges
hyperliquid
TLDR: During recent volatility, Hyperliquid had 100% uptime with zero bad debt. This was Hyperliquid’s first cross-margin ADL in more than 2 years of operation. ADL does not change the outcome for any liquidated users. While some specific ADL providing trades were unfavorable, the aggregate effect of ADL was that traders realized significant pnl by closing positions at favorable prices that were only briefly available.
--
It’s sad to see some people attack Hyperliquid to deflect from their own platforms’ issues. Solvency and uptime are the two most important properties of a financial system. These are table stakes for any trading system, and gaslighting to convince users otherwise is unethical and irresponsible.
Below is more analysis on how Hyperliquid’s margining system handled the extreme volatility.
Background on liquidations
For a perps system to be solvent, every position must be backed by a minimum amount of collateral. This is called the “maintenance margin.” When positions do not meet the maintenance margin requirement, they are taken over by the system to be liquidated. Earlier today, many altcoins dropped by more than 50% in a short period of time. When this happens, long positions at 2x or higher leverage must be liquidated, or else the system accrues bad debt.
There were billions of dollars worth of positions liquidated on Hyperliquid in a matter of minutes. In a permissionless system, each user chooses their own position sizing and collateralization. Any system that does not liquidate the necessary users is irresponsibly gambling with other users’ funds. On Hyperliquid, every order, trade, and liquidation is transparently verifiable onchain. Many other venues significantly under-report liquidation data. This cannot be compared apples-to-apples against the fully onchain picture of Hyperliquid.
Background on HLP
HLP is a protocol vault with permissionless deposits that 1) provides order book liquidity and 2) performs backstop liquidations. The first role is negligible, with HLP trading less than 1% market share. The focus of this post is liquidations.
Liquidations are first attempted against the order book, and any user can provide liquidity to these market liquidations. Backstop liquidations occur when the order book does not have enough liquidity to absorb an undercollateralized position. In this case, HLP takes over the position along with its collateral. For improved risk management, HLP is split into several child vaults, and each liquidation is only sent to one child vault.
Background on ADL
Auto-deleveraging (ADL) is the liquidation mechanism of last resort, when market and backstop liquidations do not work. See Doug’s thread (link in reply) for a thorough explanation on the details of ADL.
Every ADL event has two sides: the “triggered” side is undercollateralized, while the “providing” side is decided as a function of profitability and leverage used.
Similar to backstop liquidations, even though providers to ADL are profitable on average, there are no guarantees for any specific event. Some ADL providing trades were unfavorable, such as when only some components of long/short portfolio were closed. The system is designed to minimize ADLs because they are unpredictable even if ADL providing trades are profitable on average. Because HLP is a non-toxic backstop liquidator, ADL is a rare settlement of last resort. As far as I know, this was the first cross-margin ADL event on Hyperliquid mainnet (ADL is more common for isolated-only assets such as hyperps, which are not backstop liquidated by HLP).
Summary of events
Over the course of 20 minutes, HLP backstop liquidated billions of dollars worth of positions.
HLP's philosophy has always been to provide liquidity of last resort. Contrary to misconceptions, HLP is a non-toxic liquidator that does not pick profitable liquidations. Instead HLP is a public good for maintaining system solvency. In particular, Hyperliquid has no liquidation fees. HLP’s design, including its multi-component child vault system, is the product of countless simulations, and allows HLP to maximally serve the benefit of the protocol while managing its own risk.
In fact, the liquidator child vaults of HLP themselves became undercollateralized in the course of backstop liquidating as many user positions as possible. This is by design, where child vaults are isolated from the other components of the overall strategy. HLP is treated no differently from other users when participating in ADL. In aggregate, HLP's child vaults were the largest addresses on the triggered side of ADL by more than an order of magnitude. The addresses on the providing side of ADL against HLP’s child vaults realized hundreds of millions of dollars in additional profit relative to the prices shortly before and after the dislocation.
On other venues, the liquidation engine is not transparent and therefore may not be subject to the same strict margin requirements as for normal users. On these venues, the exchange could have backstop liquidated more positions, bearing increased solvency risk to extract hundreds of millions in business revenue. This is not an acceptable tradeoff for Hyperliquid.
Finally, I know that this is a difficult time for many traders, and I hope the community can continue to support each other and grow together. As a contributor to Hyperliquid, I’ll continue to work my hardest to build the best possible platform that can house all of finance. Times like this highlight the importance of transparency and fairness in the financial system.
30
24
372
49,352
$15 million $usdh coins minted
paxos would have deployed $1bn by now
34
16
296
20,635
hyperliquid alpha users got a giant airdrop
today is may 17 2025 and the hyperliquid docs say that hyperevm is in the alpha stage
hyperliquid.gitbook.io/hyper…
15
19
276
31,757
to whoever put down $5m cash to keep $hype price under $45
does your dog know you are like this?
24
6
243
17,726
attention @HypioHL !!
i bought hundreds of @tinyhypercats and it was never my intention to sell them. i am looking for creative ways to get them into the hands of loving owners
i'm testing out a hyperEVM raffle app to do a giveaway - enter for your chance to win this kitty!! :3
note, raffle tickets cost 0.0001 $hype or something (i could not set them to be free)
dystomfers.art/raffles/0x507…
69
23
213
23,673
reminder that hyperliquid evm is in the alpha stage, meaning that users are testing the blockchain on mainnet before the production rollout of complete features
what happened to users of hypercore when it was in the alpha stage?
good night.
hyperliquid.gitbook.io/hyper…
32
16
198
12,463
to celebrate @Ramen_HL and @HypioHL making amends, but mostly just to celebrate @Ramen_HL and everything he has done for the hyperliquid community
this man has left a literal mark on the core protocol of our ecosystem by launching the first core ticker with a supply of 1
a fitting metaphor, he is a team of just 1 guy but has been able to achieve amazing things in this ecosystem
it's a testament to him, but also a testament to all of us here - the layup from @androolloyd and the army of hypios with ceaseless shilling
we are doing something they said wouldn't be done again
i have sent you an atlantean @Ramen_HL
30
10
189
18,500
translation:
"we can make this way simpler and build it really fast, just convince me there is enough demand to build it"
hip-4 prediction markets coded
13
5
178
13,253
2.5 HYPE COINS FOR EVERY SINGLE 8,888 NFT? WHAT ARE YOU GOING TO DO WITH YOUR $500,000 USD AFTER MINT? HOW IS IT GOING BACK TO SUPPORT THE COMMUNITY??
@HypersOnHL I HAVE 6 HYPIOS ANSWER ME
@HypioHL hypioman himself vouched for the team at @HypersOnHL on a space, so i don't want to shit on their project. that being said, it appears that the project purchased bot followers. 60k is too many compared to a major hyperliquid account like hypurr
purchasing bot followers does not make a project invalid or a rug by default, but it is a deceptive and cheap move for an ecosystem that is trying to restore a sense of community stewardship to the space
i invite the hypers team to address this openly here on ct
35
11
139
40,827
seems i'm unreasonably bullish $hype, and my staked $hype coins remain protected by jeff behind a 7 day lockup period to protect them from myself
if my leveraged bets die, my spot hype will be all that remains
we are witnessing a single conglomerate (team yellow) attempt to dominate an entire industry through price manipulation, and hyperliquid is the only technology actually positioned to distrupt this cartel. not in theory, but in practice, as we see @unitxyz continue to broker billions in $btc rotations permissionlessly
but power reinforces power, and binance cartel has a huge incumbent advantage.
in the words of @robertskmiles , there's no guarantee that we make it. hype may lose
17
3
140
11,037
wow i forgot i spent like $20k on this @catbal @HypioHL
worth every penny
i'm wearing my hypurrnft because the entire hyperliquid core team is wearing them. i don't know who wouldn't do that.
i might update my pfp soon if i am lucky enough to find another that i like even more
until then, this one is already growing on me.. i have definitely been drinking the liquid this year
@KevinWSHPod taught me you can't borrow conviction
@HypioHL is the highest conviction play I've made this cycle
the last catbalio to trade under 5 eth while they were still denominated in eth on base chain
is mine
i jump
i pray
hypio world order
32
4
136
12,590
i am down bad but alive
a lot of huge accounts are down really bad
i didn't realize the personal scope of the damage until we started picking through the rubble today
if you need somebody to talk to
my intern's dms are open
27
3
139
5,527
@Hypl_Home is now my intern.
please, if you're trying to get a hold of me, reach out to them first.
(unless you're already in my inner circle)
thank you for your attention to this matter (stop pinging me)
94
1
126
7,200
to all my @HypioHL family
the @HyperliquidX ecosystem is still too new for any project to have 109k followers
let alone low quality rugs like this
case study in projects to avoid
19
14
136
5,545
can somebody explain to me why this eye care company is sayloring hyperliquid for $50m??
35
139
14,130
just a reminder
if i give you a @tinyhypercats and you need to sell it
plz don't feel ashamed, i won't sell shame you
there are more important things in life than jpegs
(for example, irl tiny cats)
48
6
132
4,599
your chain is dying
my chain is printing $1,000 per second
we are not the same
h w o
@HypioHL @hyperliquid @stevenyuntcap @based16z
16
9
123
4,538
doubled down on my @HypurrFi farm for many reasons:
1. pooled markets: now my collateralized position is more robust to volatility thanks to a diverse set of collateral assets in the same pool ($ubtc, $ueth, $hype, stables)
2. @kinetiq_xyz $khype uses redemption price, so khype depegs don't increase my liquidation risk
3. earn passive yield on my collateral while borrowing (i expect yields to increase due to [redacted])
4. extremely bullish on a new product integrated into their protocol that @androolloyd may have leaked recently
5. the only lending protocol team that i see on hyperEVM actively chasing the giga opportunities that the base protocol has to offer
6. invest in people, @andyhyfi and @androolloyd are blue-chip. i max farmed hyperliquid based on the people on the team that i met, doing the same here.
18
18
124
11,255
i plan to build something on @HyperliquidX evm
but i don't build during bull runs
too much dopamine competing for my attention
this is my third cycle and by now i know this much about myself
just gonna stare at charts until they are boring again
then the building begins
sorry i know the meta is "build cool shit on HL" but all i can offer is buying cool shit rt now
hyperliquid
19
120
6,531
paxos could spend $5-$10bn to buy enough hype to move the vote their way😂just throwing this out there
14
5
121
6,479
liquidity is what drives hyperliquid. the product works well because of it's sticky liquidity
this is the venue where whales rotate billions in native coins
even though $hype price is currently under attack, the venue's core liquidity is still intact
rest assured, if hyperliquid's liquidity is threatened by shiny new metas, jeff and team will play their cards, which include hyperliquid points season 3
12
6
124
12,596
just nabbed this hyper rare @tinyhypercats crying king near floor (free)
want it?
come up with your best lore for this cat and reply. best lore wins (toast's discretion)
68
12
119
5,218
@HypioHL hypioman himself vouched for the team at @HypersOnHL on a space, so i don't want to shit on their project. that being said, it appears that the project purchased bot followers. 60k is too many compared to a major hyperliquid account like hypurr
purchasing bot followers does not make a project invalid or a rug by default, but it is a deceptive and cheap move for an ecosystem that is trying to restore a sense of community stewardship to the space
i invite the hypers team to address this openly here on ct
22
6
109
31,006
in 2023 i was ready to walk away from crypto. i had round tripped 5 figures into 6 and back to 5
eth denver 2023 was going to be my last hurrah. sold some crypto and invested in party supplies. partied with lots of guys getting into berachain early
i did not share their enthusiasm for berachain
by chance, i bumped into this fellow in a moment of weakness
he gave me a ref code and told me:
"get on hyperliquid and use max leverage. in any direction. thank me later"
for some reason, i had a good feeling about this cat. berachain, not so much.
chance encounters can change lives
hyperliquid
15
114
6,792
it's been 31 days since this mfer agreed to show up every day for a year to earn a @HypioHL
the hypio lifestyle does not look like a 9-5 job working for a salary, instead it looks like winning
that's why i'm willing to give him this hypio today, if he accepts
i have no doubt he will continue to show up for this community,
but he will do it as a free hypio 🫡
@Cryptigor21 send addy, and don't fumble your bag this time
33
8
108
12,032
tiny sunday giveaway!
i am distributing @tinyhypercats to members of the following communities
@baldbrothers_ | dystomfers.art/v3raffles/0x0…
@ADHD_HL | dystomfers.art/v3raffles/0x1…
@ottionhl | dystomfers.art/v3raffles/0xb…
@SpazioBrothers | dystomfers.art/v3raffles/0xd…
which collections should i hit next?? @HypersOnHL @Hypaos #localsonly by @demi_hl
will raffle non-gold thc to @baldbrothers_ @ADHD_HL @otties @SpazioBrothers .. anybody else i should mention?
74
22
111
14,345
i am giving away a @HypioHL !!
as promised, i have reversed yesterday's game and am giving away one wealthy hypio baby exclusively to @tinyhypercats holders
tiny chance to win big??
dystomfers.art/raffles/0x293…
this raffle is about to end
next, i will give a @HypioHL away to @tinyhypercats holders
may the best kitty win
25
14
111
10,353
$hype whale is fully out!!
they have $5m unstaking now - at this size, they are no longer an outlier
7
1
111
15,750
the $hype airdrop sellers are disciplined
sitting on their stables, well played, ggs.
but each one of them has a price...
$150?
$500?
$1,000?
at what number will they start to regret? how many will re-enter for pennies on the dollar?
nobody is safe from the fomo to come
13
4
113
4,942
i planned to vote with @HypioHL @hyperbeat validator as long as they didn't choose poorly and they didn't
i also support native markets but will be leaving my $hype staked with this validator and voting for paxos
hypio world order
If you're interested in re-delegating your vote for @paxoslabs you can stake with @hyperbeat!
Thank you for the support.
It's means the world to have @hyperbeat show this vote of confidence as one of the top protocols on hyperEVM 🙏
The community speaks.
Hyperliquid.
13
10
109
8,424
i minted like $800k worth of $khype and borrowed against on @felixprotocol and @HypurrFi
was expecting to do a lot better tbh
26
2
108
14,204
I love the focus on getting the resources out immediately! That's why I'm excited to be a part of @BigGreenDAO !!
21
9
92
when i worked at @coinbase, i distinctly remember hearing leadership answer an employee question about DEXes threatening market share on an all-hands meeting
the jist was "we believe there will always be a role for centralized exchanges in the new financial system"
at that time (2021/22), i completely agreed - DEXs were a joke compared to the functionality that coinbase offered
hyperliquid showed up and showed everybody what an elegant dex can actually do. it instilled existential fear into the hearts of baldie and cz
between hyperliquid + hyper unit
there is zero reason to use a cex ever again
native deposits and withdrawls to every major chain is crazy
add in hyper evm where you can use 'u'[token] in so many unique ways
hyperliquid really will house all finance
9
2
108
21,380
view of @hypurr_co event from my private vip balcony
@djenn spotted
15
3
102
4,954
this will become the new bar for memecoins on @HyperliquidX - an erc20 can launch for free but needs to invest tangibly into the ecosystem to get access to hyperliquidity, similar to listing on binance, but out in the open in a public auction instead of backdoor deals with exchanges
many will follow but there is only one first
alright $buddy
Very proud of my brody @reflexx_eth did another goats history making for @alrightbuddyHL
This is just getting started and we will not stop until we reach billion
Hypio
11
6
102
9,198
guys what's going to happen when we start looping the tokenized leveraged position coins??
19
2
101
17,403
happy jeff buying back 5% of his own multi-billion dollar airdrop day to those who celebrate
hyperliquid
7
4
101
6,492
since mint, i have been planning to sweep @tinyhypercats to 20 $hype when we hit $50
many such milestones on my roadmap
why?
hyperEVM is a leveraged bet on hyperliquid, and thc is a leveraged bet on hyperEVM
every $10 that hype price rises, this bet becomes even juicier
hyperliquid
21
13
101
5,434
$hype fundamentals going into this week are looking kinda biblical ngl
8
5
100
3,424
hyperliquid community suddenly finding themselves filling the role of board of directors but with cat pfps and shitposts
16
8
97
3,148
lmeow i have abandoned any hope of a lower entry
hedge closed
hip3 szn has arrived
ticker is $hype
11
1
99
3,785
as $hype tested $29 and approached ath's, this metric (basically $hype for sale on hypercore) was close to 50.0% - i kept checking it, waiting for it to dip below 50%, but it never did.
after ath, it blew up to almost 52.0% and has been steady around 51.6% for days.
this increase in supply came from both evm and unstaking queues
this metric is now dropping and i expect the trend to continue. until it gets down into the low 50.5% and below range, i don't think $hype will see ath, if this indicator keeps working in this way
so i expect we will chill in these price ranges for another week or so
aligns with the reports @MetamateDaz has been doing on unstaking queue unlocks
interesting that this comes during a week of relatively low volume on the platform, low buyback volume (since fee change)
of course exchange spot listings are coming which might just moon this shit who knows
6
4
97
8,818
buying $hype here made my whole year. ppl tell me they would kill for entries like these
they do not know the fear, guilt and pain of losing 6 figures on paper weekly by diamond handing a $hype airdrop through that 70% drawdown
imagine going through that, then hitting april, quitting your job, and doubling down to buy more $hype
that's what i did
not just luck
hyperliquid
Hyperliquid Assistance Fund update (4/6 - 4/11):
- HYPE holdings: 19m -> 20m tokens (+1m in 6 days)
- Highest buyback day: 4/7 ($3.02m)
- Lowest buyback day: 4/11 ($1.29m)
- Average buyback per day: $2.02m
- Average HYPE cost basis during this buyback period: ~$12.13
Hyperliquid
8
3
96
7,653
Finally fell for a phishing scam, drained a hot wallet.. lost 0.2 eth 😢
Friendly reminder to keep your long term bags on a cold wallet, this could have been way worse. Also, stay off CT while intoxicated.
148
25
39
2,693
there are an estimated 160k hyperliquid accounts holding $hype
some say this estimate is way high and includes dust
this is roughly the same number of holders as fartcoin
18
3
93
5,319
MORE BULLISH SELLING
THE WHALE IS ALMOST DEAD AND HYPE IS STRONG AF
I JUST LANDED IN SINGAPURR LFG
12
2
92
5,832
i worked at coinbase, believe it or not they will come around eventually
this will end up being a fight for the viability of their entire industry
2
1
95
15,236
hyperliquid doing $5m every week day has become the new norm, and @phantom perps bringing additional trading volume is making the difference
false: actually, builder codes revenue has not increased enough since phantom perps rollout to explain most of this difference.
this is mostly just revenue from everybody coming to hyperliquid.
hypeburn.fun/builders
6
5
92
4,320
there is a cluster of wallets unstaking hype, apparently catalyzed by the liquidation cascade last week
i've updated my tracker to now follow the top unstakers in this cluster (~7.6m coins, currently worth $300m) so we can monitor their dumping
this won't work easily, because transfers to evm and other wallets won't be tracked. but we can watch their unstaking + spot balances go down as they dump or don't
i'd like to do the same for the team unlocks coming up soon
hopium for those seeking lower entries
you can run the script yourself:
github.com/AlliedToasters/hy…
cc @jeffreywiill who asked for this
11
4
91
7,627
@HypioHL is still the premier pfp collection on hyperEVM
who tf can afford a hypurrNFT lmeow
11
12
92
22,521
"hyperliquid syndrome" - $hype whales dump spot hype to fund their perps plays when other coins moves
good spot to bid hype
10
90
11,165
i haven't seen such aggressive distribution of $hype in a long time
we smashed through the 200k native holders mark (still tiny)
assistance fund and hyperEVM are eating away at the supply of hype available on hypercore with AF holding well over 10% of circ
8
3
90
7,892
i'm leaving 5,000 hype coins vanilla staked with @hyperbeat @HypioHL validator because somebody needs to secure the network while the entire holder base unstakes to prepare for @kinetiq_xyz on july 15
you're welcome
5
3
88
3,220
smells like bitch in here
@tradexyz is about to unlock the biggest equities derivative market in the history of mankind by building on top of hip-3
and you're sweating about "relative performance"
take the entries given and close the charts, little bro
trade.xyz/?ref=QP84FKW85
1
1
87
5,068
marty is fading @HyperliquidX !
let me answer @martypartymusic 's questions only to the extent that they are important to my thesis:
hyperliquid active users will continue to grow which will result in more long-term appreciation of $hype
how many validators? users don't care
can marty run one? users don't care
are the assets in the network canonical? idk ask @unitxyz , users don't care
use case outside gambling?
- delta neutral strategies e.g. @liminalmoney
- liquid staking @kinetiq_xyz
- lending and borrowing @hyperlendx , @HypurrFi , @felixprotocol
- @hyperdrivedefi leveraged market-making yield via tokenized HLP
- pair trading @pear_protocol
- permissionless spot listing @HyperliquidX
- orderbook market making protocol @RubiFi_HL
- tiny onchain artifacts @tinyhypercats
- @ventuals synthetic pre-ipo equities trading
- perps trading on @phantom
- democratized hedged strategies fully on-chain @hyperbeat @D2_Finance
- i'm sure i've missed a ton
How many validators does the network have? Can I run one? Are the assets in the network canonical or bridged? What use case outside gambling has implemented on hype? I don’t pick infrastructure on hype I pick it once it is infrastructure.
20
9
82
14,102
profiting on a $hype short feels like robbing your own grandmother for a half-smoked cigarette
but we hedge for a reason
hyperliquid
21
1
78
4,313
First hour messing around with @iamarkdev @HYTOPIA sdk pre release drop. moon mission @AdonisOnX @HYCHAIN_GAMES
5
11
84
2,763
reminder that there are fewer than 200k spot $hype holders
smells like sidelined in here
9
2
82
4,131
$seda hit pay dirt by focusing on hip-3 infra and hyperliquid and accidentally kicked off the oracle provider wars
i won't forget who was here first
12
1
83
6,927
no, they will continue to appeal to regulators and actors like binance ruin the entire narrative of a fair and transparent financial system
they will come to hyperliquid
they will integrate builder codes
polymarket pool time?
2
82
5,441
i see you
in my dms
reply guying every post
you want a @tinyhypercats handout
i know, i get it. sorry, but your "persistence" is not helping.
i need a piece of art:
toast selling tiny hyper cats from his robe like a mafia deal
all shady and secretive
who is building this?
26
83
5,254
sheesh, looks like @RubiFi_HL has been cooking
iirc @HypioHL holders got an airdrop about 1/10 of the size of my current bag, 0.00033
literally if you are turned off by the drama or whatever just buy the hypio and log tf off lmeow
14
2
80
6,747
so i guess perps dex wars are on or whatever and hyperliquid is getting whacked by the binance mafia while usdh-competitors silently reverse course on their commitments made during the bids and dump hundreds of millions worth of hype
how's everybody feeling about $pump lmeow
10
4
80
6,818
great tech, if you bought $rub on hypercore before, you are well aware of the pain involved with raw hip-2 books
just tested the new @RubiFi_HL - powered orderbook and my market orders went the way jeff intended; into deep, thick liquidity with a tight spread
goodbye slippage candles, hello rubifi!!
We are running one of our final tests before launching @RubiFi_HL
The RUB/USDC order book is currently being rubbed
Go trade $RUB on hypercore for a great trading experience and contribute to our data collection
8
6
81
17,312
sticking to the plan. exiting the gigalong here, now that @kinetiq_xyz has launched. rotating these profits into spot $hype -> $khype
9
75
4,958
i faded @HypersOnHL because i had serious and legitimate concerns about the project. the team invited the @HypioHL community to a spaces call and addressed all of our concerns - i'll be trying to mint and buying secondary if i can't.
i'm still not totally convinced that nobody paid for bot followers but that's also just a marketing investment, like i said in the original post, that doesn't necessarily mean the team is bad. the team did straight up deny it for the record.
also, with wl giveaways, third parties are incentivized to deploy bot followers, so the team didn't actually have to buy bots, but there are still bot followers.
cc @GianTrades
2.5 HYPE COINS FOR EVERY SINGLE 8,888 NFT? WHAT ARE YOU GOING TO DO WITH YOUR $500,000 USD AFTER MINT? HOW IS IT GOING BACK TO SUPPORT THE COMMUNITY??
@HypersOnHL I HAVE 6 HYPIOS ANSWER ME
20
2
78
14,520
do not underestimate cz
he still has the advantage (more cash than hyperliquid) and he's pressing again
asster capturing mindshare can't be the whole play
there may be another jellyjelly-like FUD psyop incoming to help boost the asster/$hype trade now that mindshare is here
11
79
5,933
my mind is blown lmeow
i am currently ranked #77 on both @HypurrFi and @felixprotocol
🤯
my lack of favoritism is precise
19
1
78
3,617
if you've been following my posts about the cluster of wallets selling $hype to rotate into btc and aster, it seems pretty clear that the strategy here is to nuke $hype price and steal mindshare in favor of competing perps dexes
(credit @mlmabc and @alex_hunter20 for providing the list of wallets to monitor)
the irony is that this has opened up the greatest buying opportunity for the types of buyers who are least likely to be shaken out: institutions
recent post from @dschamis suggest tradfi bros are buying and bullish at these levels
be vigilant, the sellers have 1m hype and are still selling
great buying opportunities may come even lower before they are done
5
5
75
11,964
i have $hype stacked and i'm ready to buy @HypioHL on @drip__trade
i will not be bridging anymore liquidity off hyperevm
hypio bridge waiting room
4
3
71
2,940
got my own IRL @tinyhypercats last night! meet manteca!
i lost my best friend, kc the cat, just about 1 year ago and that contributed directly to my cult-like fervor for @HyperliquidX and @tinyhypercats - as a cat chain, my mind couldn't resist assigning deep meaning to the order of events
the very magical and fleeting time that we get to spend with our cats is everything
i want to offer this cat to @SharonFit11 because your story moved me - the skull represent death's indelible mark on your memory, and the sprout represents you and your daugher's growth from the experience
come to hyperEVM and set up a wallet (if you haven't already) and i'll send you this cat!
(frontrunning other animal death stories - i will not reward any more NFTs from pet death stories after this because i will not willingly incentivize such sadness on my tl 😭)
28
77
2,283
