Hyperliquid just dropped its first Android app (MVP)
Step by step, HL is building
– better UX
– tighter infra
– real mobile dominance
While others ship hype,
Hyperliquid ships product.
Early, limited, minimal thank you Jeff
$HYPE isn’t trying to impress you
Hyperliquid
ok f*ck it, let's do another giveaway ($500)
2 x $250 emerald packs on magic eden
to enter:
> like this post
> comment your favorite pokemon
winners picked in 24 hours, good luck have fun
ONLY CAVAET IS IF YOU PULL THIS COROCORO MEW YOU HAVE TO GIVE IT ME, pls
$MACARON did $336k in fees in 24h.
At a $550k mcap.
That's 61% of its entire market cap in daily fees.
Most protocols dream of these numbers at 100x the valuation.
here is a taste of my $ore thesis:
"ORE is structurally hard to kill. As long as Solana continues to function, the ORE program remains live—its state, rules, and reward logic are permanently embedded on-chain. Even if all miners walk away, ORE doesn’t shut down; it only takes a single participant to resume rounds and restart the economic engine. Unlike traditional proof-of-work systems that require hardware, electricity, and operational overhead, ORE offers a radically low-barrier entry into a PoW-like environment: no rigs, no ASICs, just capital, a wallet, and luck. In that sense, ORE is either already dead or effectively immortal."
"Isn't ORE just another OHM?"
There are some similarities after all.
OHM's Model:
• High APY (8,000%+) → Attracts stakers → Price up → More staking → Reflexive loop
• Worked during 2021 bull → Collapsed spectacularly when growth stopped
• "Decentralized reserve currency" narrative → Math that worked until it didn't
ORE's Model:
• High yields (~130% unrefined, ~23% staking) → Attracts miners → Revenue → Buybacks → Deflation → Price up → More mining
• Working during current favorable conditions → Untested in prolonged bear
• "Perfect store of value" narrative → Math that works with sufficient activity
The reflexive loop structure is eerily similar. Both require continuous participation to maintain their core value proposition.
The Critical Differences:
1. Yield
OHM:
• 8,000% APY paid entirely in newly minted OHM
• Zero external revenue, pure dilution
• Mathematically guaranteed to collapse without infinite growth
ORE:
• 20% ORE APY paid from 10% of buybacks (funded by mining fees in SOL)
• 130% ORE APY paid from 10% refining fees (paid by claimers)
• Real external value flowing in through mining fees
2. Fair Launch vs. VC Extraction
OHM: Early investors and team had preferential allocations, accelerating collapse when they exited.
ORE: 100% fair launch means no insider dumping, only whales and traders to contend with.
Counterpoint: With ORE we all get rekt together if it collapses. Fair launch doesn't guarantee viability.
3. Entertainment Value
OHM: Pure staking, zero entertainment beyond number-go-up.
ORE: Strategic mining game with PVP/PVE, motherlode lottery, actual gameplay
But: Most blockchain games die. Is ORE's game compelling enough to sustain activity for years without price appreciation?
The Honest Assessment
ORE is better designed than OHM in every measurable way:
• Lower, more sustainable yields
• Real revenue from external sources (SOL fees)
• Fair launch eliminating insider extraction
• Counter-cyclical mechanisms (unrefined APR increases during volatility)
• Transparent, auditable mechanics
But it has vulnerabilities:
• Revenue requires sustained mining activity
• Activity may decrease in unfavorable conditions
• No proven entertainment value sufficient to sustain through multi-year bear
• No major network effects or Lindy, yet
TLDR:
OMH was structured to collapse. It was mathematically impossible to sustain.
ORE is theoretically possible to sustain if mining activity stabilizes at a level where revenue covers emissions or there is a strong enough base of accumulators.
The real debate around ore is "Is ORE's value proposition compelling enough to sustain activity?"
Which is the exact same question asked of all startups and businesses.
Most of the capital onchain has been trained to look at everything through the lens of a short term, PVP, swing trade.
> “what’s the next quick catalyst?”
> “when’s the next team post?”
> “can we artificially pump xyz?”
> “which wallets are buying?”
This isn’t investing. This is gambling (and manipulation).
Unlike the actual crime, ponzis and gambling that exist… $Ore is not that.
Popcat went to 2B
Fartcoin went to 2B+
WIF went to 5B
And you're telling me with a straight face that one of crypto's highest revenue generating protocols won't get there?
Back to the asylum you go.
Recent correction in $ORE primarily happened due to awful grifters and jeets
This is the cultural war we are fighting to change in Solana
Nothing has changed
Thesis is intact
Solana’s SoV is $ORE
Lets keep fighting for what we believe
retirement is such a beta concept
gentlemen, you have plenty of time to relax when the eternal void of time engulfs you into nothingness
until then, fight
This is gonna be an exciting week.
In about 36 hours, we'll ship the tokenomics page + our TGE plan (and our thoughts)
and me/@realdezen will be on stream 30mins/1h after