🪏 Zoomer with the Skibidi Rizz @ILikeHyperCore

@defi_monk Seems plausible given that hype is denominated primarily in USD. I am not even aware of BTC denominated liquidity for hype.

Feels like HYPE/BTC tops at the BTC bottom.

rasmr @rasmr_eth

5 days ago

HYPE is gonna lead this crypto bull run instead of BTC but you wouldn't believe it.

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Midnight doesn't compete with Cardano. Ripple doesn't compete with Cardano. Hyperliquid doesn't compete with Cardano. Cardano is competing with Ethereum as a decentralized settlement layer which retains censorship resistance.

CT: oh wow $HYPE is so consensus. don't you know we are still in a bear market? bitcoin price action is dragging everything down. Tardfi: holy shit how much money does this thing make? wait, its margins are really 99%? the TAM on this thing is insane.

@HYPEconomist WE GOT SIX SEVEN

@ThinkingUSD @saylor 67 United States Dollars

We welcome today’s CFTC actions: approval of the first U.S.-listed perpetual derivatives contract, an accompanying Commission policy statement on the listing of perpetual derivatives, related interpretive guidance and no-action relief from the Market Participants Division, and a Staff Advisory on 24/7 Trading, Clearing, and Settlement, as a long-overdue acknowledgment that perpetual derivatives are a legitimate and essential tool for price discovery and risk management. For too long, regulatory ambiguity drove these markets offshore, depriving American traders and institutions of access to regulated venues and undermining U.S. competitiveness in the global derivatives markets. Today’s actions chart a new path forward. We look forward to engaging closely with the Commission to ensure that the framework it develops is workable not only for centralized intermediaries, but for the onchain protocols where the most significant perpetuals activity actually occurs.

CFTC @CFTC

a week ago

.@CFTC Issues Policy Statement Concerning the Listing of Perpetual Contracts: cftc.gov/PressRoom/Pres…

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AQA (Aligned Quote Assets) v2 is one of the more bullish things that I don't think most of CT even understands yet. Most of CT cannot be bothered to read a blog post, much less the documentation. Higherliquid.

McKenna @Crypto_McKenna

a week ago

Hyperliquid has become much more difficult to underwrite post AQAv2 and the CFTC green lighting perpetuals trading in the United States. We are accustomed to dealing with left tail risk but in this case the right tail outcomes become much more difficult to underwrite. It's a

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Hyperliquid

Flood @ThinkingUSD

2 years ago

Prediction: Within 2 years Perpetual Swaps will be available to US persons

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Prediction: Within 2 years Perpetual Swaps will be available to US persons

lol Glad people explained in the comments that this is one of the beauties of HL, it can indeed be used for spot trading and bridging. It is a pretty good house for all finance. HyperLiquid.

Nicholas Wenzel @Nic_Wenzel_1

2 weeks ago

@kelo6102 how tf does hype help me get native bitcoin? it doesnt lol

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The answer to all my questions is always Hyperliquid. Hyperliquid.

Nicholas Wenzel @Nic_Wenzel_1

2 weeks ago

What is the best way to buy mid 6 figs of OTC BTC without KYC? Looking to move size from USDC on Solana to native self custody Bitcoin. All advice welcome.

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The irony is that few remember how @loraclexyz was plunge protecting HYPE against the tornado cash whale who sold millions of units at $22. $20 would have cascaded to $16. Many are still here today because of loracle. He couldn't have done this if he was always all-in.

Friendly reminder to those who own hype and have made considerable amounts of money now dunking on other companies. Let’s not be smug and alienate future users of the platform. An exchange that is not growing is an exchange that’s dying. Hyperliquid is for EVERYONE.

the verse goes crazy

Watcher.Guru @WatcherGuru

3 weeks ago

JUST IN: Drake mentions Bitcoin in new song. "I'm a $BTC crypto big-timer."

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Everyone is arguing about $USDH dying. They're missing the point entirely. What happened today is the single most important business move in Hyperliquid's history. Let me explain. Revenue, liquidity, politics, lobby, and what it means for the USDH vote debate. Coinbase is now the official treasury deployer of $USDC on Hyperliquid under AQAv2. Circle handles the technical side (CCTP, cross-chain infra). Both are staking hyperliquid:native. Native Markets agreed to sell the USDH brand assets to Coinbase. $USDH is sunsetting. But the mechanics it pioneered are not. They just got applied to a $4.7B asset instead of a $100M one. Let's break down why this is a win on every single front. LIQUIDITY The biggest complaint from traders and builders for months: fragmentation. $USDH had the alignment but not the liquidity. $USDC had the liquidity but not the alignment. You had to choose. That choice is gone. One stablecoin. One orderbook per pair. No split liquidity. No confusion for HIP-3 deployers picking a quote asset. No friction for new users bridging in. $4.7B in USDC on Hyperliquid, 2x year over year. That is the base generating yield now, not $100M. REVENUE Under AQAv2, the treasury deployer shares 90% of the reserve yield revenue with the protocol. Run the numbers on the current $USDC supply: $4.7B at 3.8% interest rate, 90% shared with the Assistance Fund = $160M+ per year flowing directly into HYPE buybacks. That is $440K per day. Every day. For context, USDH at peak supply was generating a fraction of this on $100M. The AQA model worked. It just needed to be applied at the right scale. POLITICS AND LOBBYING This is the angle most people are sleeping on. Coinbase is the largest publicly traded crypto company in the US. They spent over $100M on crypto lobbying and political action in the last cycle. They are the single most powerful voice for crypto regulation in Washington. The CLARITY Act markup is happening today. Coinbase has been one of its strongest advocates. Having them financially aligned with Hyperliquid, staking HYPE, operating as treasury deployer, is not just a liquidity play. It is a regulatory shield. Every conversation about "is Hyperliquid a US regulatory risk" just got a lot harder to make when Coinbase is literally staked into the network. Circle staking 500K HYPE and moving toward becoming a validator. Jeremy Allaire posting "Hyperliquid." That is institutional endorsement at the highest level. THE USDH QUESTION "Was USDH a failure?" "Was the vote theater?" "Did Native Markets just flip an asset?" No. USDH was a weapon. It was a credible threat that proved a protocol can demand yield sharing from stablecoin issuers. Before USDH, Hyperliquid had $5B+ in USDC generating $150-200M/year for Circle and Coinbase. The protocol saw none of it. USDH launched. The AQA model proved that yield can be redirected onchain, transparently, back to the protocol. It only reached $100M in supply but that was never the point. The point was forcing incumbents to the table. Basit said it best: the entire lifecycle of USDH from launch to sunset should be studied. Coinbase didn't come to Hyperliquid out of goodwill. They came because USDH proved they would lose the venue if they didn't align. "But Paxos offered better economics during the vote." Maybe on paper. But 95-100% of a stablecoin that might have also struggled to reach $100M in supply is still less revenue than 90% of $4.7B. The vote was never about picking the best yield split on a small asset. It was about creating the leverage to capture yield on the dominant one. WHAT THIS MEANS FOR BUILDERS USDC becomes the canonical quote asset for HIP-4 outcome markets. No more guessing which stablecoin to build around. Hyper Foundation is issuing grants to HIP-3 and HIP-1 deployers who integrated USDH to cover migration costs. Feeless conversions from USDH to USDC during the transition. For HIP-3 deployers running equity perps, commodity perps, outcome markets: one liquidity pool, one collateral asset, deeper books. SECOND ORDER EFFECTS Coinbase operating perps through Hyperliquid via builder codes? Not confirmed, but now structurally possible. Their existing perp product is weak. Hyperliquid's infrastructure is the best in crypto. The incentive alignment is there. Tether now has a clear path to compete. AQAv2 is an open spec. Any stablecoin issuer can stake 500K HYPE and share yield to become an aligned quote asset. Competition is good. AQAv2 becomes a blueprint for every other chain. Hyperliquid just proved that a protocol can force the largest stablecoin issuers in crypto to share revenue at the protocol level. No one has done this before. Hyperliquid.

It will soon be common knowledge that China has been pushing harmful policies from inside of our own country… DEI, absurd climate regulations, wealth taxes, soft-on-crime reforms, illegal immigration and even the anti-standardized test movement.

Insider Wire @InsiderWire

4 weeks ago

#BREAKING: California mayor Eileen Wang charged as an illegal Chinese agent; set to plead guilty.

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@sqalef @riskmaxxing Bro. You need to *be* the GOAT.

@DonAlt From 99.99% down to 98% down is still a 200x bro.