




basicker.hl
3.3K posts

@basicker_eth
Crypto since ‘16 | Hyperliquid Trenches Warrior | None of my tweets are Financial Advice. Join us https://t.co/dfuGyYJFFa








"Hyperliquid is kind of just a centralized exchange without KYC that built a great perps product." "I early on criticized them for not being decentralized. I still think they're not. But it doesn't matter if people like the product." - @LoganJastremski co-founder of @FrictionlessVC

The Drift growth story is gonna be one for the books






This week, I'm releasing a 1 and a half hour conversation with @GracyBitget - CEO at @Bitget. Gracy has grown Bitget from a rank 12-15 exchange to top 5 - 25 million users, $20 billion in daily trading volume, 2,200 people spread across the globe. She's also a single mom, a professor at Hong Kong UST, and she's betting that the next chapter of crypto has almost nothing to do with altcoins. We talk about: - Why altcoin dominance is shrinking and why that's actually the forcing function for Bitget's whole strategy - The Universal Exchange: trading US stocks, gold, silver, and forex with stablecoins, around the clock - How Bitget partnered with BlackRock, Fidelity, and Franklin Templeton on tokenized money market funds - Why stablecoins are the real killer app and how they sit at the center of AI agent payments - The liquidity problem on tokenized US stocks that nobody is talking about - Why an investor told her in 2017 they don't back female founders who are "married without children" - How Bitget ended up with 40%+ women in leadership without actively trying - What "find money, find people, find strategy" actually means as a CEO's job description And much more... Podcast out this week!









I strongly believe there is a meaningful pool of latent demand for the $HYPE token that remains sidelined for now, but will gradually come off the sidelines over the course of the year: - New $HYPE buyers waiting for entries who may not have liked the original thesis, but are now sold on HIP-3 - TradFi shops who are paying close attention to Hyperliquid, but are still slow to discover the token - “Sophisticated Retail” investors who focus mainly on stocks but are on fintwit and reddit and read Citrini. - Liquid / venture funds who have bags but have yet to size *convincingly* and adopt a multi-year view - Ppl who have yet to realize that Hyperliquid will also be one of the largest prediction markets - Hyperliquid Strategies These forces should be driving a sustainable bid throughout the year while the short term traders do their thing. The reason some of you may think this is overowned is cause CT is very loud about it. CT is like a few hundred thousand real people. There’s a whole world outside of CT and crypto liquid funds and this is probably the only new token that will appeal to them. Also no one I’ve spoken to outside of crypto thinks this should be valued with a median S&P multiple given the potential growth profile lmao. Hilarious that we are midcurving the one killer onchain business the industry has managed to put out.


