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The stage is set for another leg higher in Hyperliquid The credit cycle is in full swing, and perpetuals are the single greatest disruptive change in the financial industry right now HYPERLIQUID

Mango Avi is back onchain: ponzishorter.eth attacked Aave in 2022. Criminal convictions for Mango got vacated but he still got caught for child porn. Released in September but likely in a halfway house or home confinement? Either way got enough internet to troll. Disgusting.

41 kidnappings of crypto holders in France in 3.5 months of 2026. Why? 🥖 French tax officials selling crypto owners' data to criminals (Ghalia C.) + massive tax database leaks. Now the state also wants IDs and private messages of social media users. More data = More victims.

NEW: The Chainlink data standard is now live on @amazon’s AWS Marketplace. Now, millions of @awscloud developers & hundreds of thousands of businesses have access to the secure data infrastructure required to build institutional-grade blockchain apps.

"A US special forces solider involved in the capture of Venezuelan President Nicolas Maduro was arrested for allegedly betting on that operation, netting him $400,000 in profits, according to a person familiar with the matter." cnn.com/2026/04/23/pol…

Chainlink featured on @CoinDesk. An $11 Billion Arizona copper mine is being brought onchain. Real assets. Real cash flows. coindesk.com/business/2026/…

9 fig waiting room Hyperliquid

It is truly the year of 2way vol headline terrorism, couldn’t have described it any better

Bitcoin ETFs flows are (to quote Steve Winwood) back in the high life.. every single rolling period for we track is now positive, haven't seen that in months (IBIT's $3b is in Top 1% of all ETFs). Still tho, need a couple bil more to get back to breaking new ground in cumulative lifetime flows (62.8b).

@chainlink Non stop winning

NOW: Bridgetower adopts Chainlink to tokenize $11B+ in securities from the DOM X Arizona Copper-Gold Project. By integrating the full Chainlink stack into its tokenization platform, BridgeTower is unlocking the issuance and distribution of tokenized securities at scale.

@SalsaTekila They will have a hard time coping with the notion that Michael Saylor is the world’s richest man, and not by a small amount. Fortunately he is ethical and benevolent. His name will be in the history books.

In 2019 I was sure BTC couldn't hit 50k. Too many liquid multi-billionaires. CZ with 100B? Never, I thought. We're at 78K now, and CZ is a centibillionaire. Strategy's holdings over 1 trillion feel just as absurd today. In a few years, they won't.

trump realized everytime he says there is a peace deal with iran the market jumps 2%. so he just keeps making them. infinite money glitch.

@getderb @EddyElfenbein 😂😂

@EddyElfenbein Bob Loukas' paid group in disbelief

The stock market has gained one-eighth of its entire value in the last 16 trading days.

Bored Apes up 40% 7d. Naval drops new exit liquidity vehicle. Jonah calling for 150k BTC. Mid nine figure defi exploit. First Punk sweep in a calendar year. Terrifying.

Swift’s Head of Digital Asset Strategy Jack Pouderoyen shares why Swift partnered with Chainlink “When you look at Chainlink and Swift, Swift has over 11,000 financial institutions today, 235+ market infrastructures. But Chainlink is a strong complement in the sense that they have all the integration to all the different blockchain networks that exist today” “So why would Swift think it's in our best interest, or the community's best interest, to try and go and integrate with all these different blockchains and all the different know-how that you need to have to do that, when you have a strong player and a partner in Chainlink already that's doing that today?” “We announced the results of a POC (Proof of Concept) in, I think like Q3 last year, where we worked with over a dozen institutions and Chainlink to understand how can our community today leverage a lot of the existing infrastructure that they have in place to be able to interact with tokenized assets or different tokenized value on different blockchains” “So we tested a couple of different corridors, like public-to-public, public-to-private, and really it's around enabling adoption or giving a path toward quicker adoption because institutions don't know which blockchains they're going to have to connect to, or they know what they have today, but in the future—how do you know in five years these blockchains will be around?” “And they don't want to have to go and invest in entirely new parallel infrastructure in order to do that. So they have all the investment that they've ramped up in Swift for a number of years, and when you think about a return on investment and speed to market, can they just leverage all the existing infrastructure, processes, connectivity, messaging, etc., to be able to access these new networks?” “So that's kind of what we've done with Chainlink. We successfully demonstrated that from a technical standpoint and a number of the institutions that are members of Swift are also having conversations with Chainlink and we had a good collaborative experiment”

holy fuck, a hair dryer at a Paris airport broke Polymarket weather markets & made someone $34,000 richer - polymarket was settling Paris temperature bets on a single Météo France sensor sitting near the Charles de Gaulle runway perimeter - basically unguarded - the guy bought the long-shot outcome (like "22°C" when everyone expected 18°C) for pennies, since nobody thought it'd hit - then he walked up to the probe and briefly heated the air around it with a portable heat source, spiking the reading just long enough to register as the daily max - temperature snapped back to normal in minutes, the market resolved in his favor, and he cashed out - twice, on April 6 and April 15, before Météo France caught on and filed charges hyperstitions.

*Why your favorite TradFi firm launching perps won’t kill Hyperliquid* Let’s establish this upfront. Perps are not just a simple payoff formula. They require a fundamental redesign of the exchange. The magic is in vertically integrating matching, margin, liquidation, and settlement into one continuous risk engine. This provides the foundation for shared collateral pools, tight liquidation loops, 24/7 funding mechanisms, and 20-50x leverage. The resulting UX and capital efficiency is why perps decisively beat out dated futures and options products within crypto. You can’t just “list perps” as if it were any other derivative. You have to reproduce the architecture. Coinbase has already demonstrated this empirically with their lackluster CFTC-regulated “perps” product despite plenty of talent and dollars thrown at it. As currently designed, they’re long-dated futures with 5-year expiries, 3-10x leverage depending on the contract, and funding that only settles twice daily. Compare that to unregulated offshore venues like Binance or blockchains like Hyperliquid and it’s obvious why the product has underwhelmed. If Coinbase can’t figure it out, why should Kalshi or Polymarket, which have worse distribution for this product? If Coinbase as the most crypto-native regulated U.S. venue can’t deliver a compelling product, why should CME or ICE? The reality is that U.S. regulated incumbents have been sidelined from truly competing. Dodd-Frank and the Commodities Exchange Act mandate centralized clearing, and separation between the different layers of the trading stack. This fragmentation structurally prevents the vertical integration necessary for real perps to work. And even if they didn’t, incumbents would still likely have regulatory limits on the amount of leverage they can offer to retail. Fixing all this requires a full regulatory overhaul and infrastructure rebuild. HOOD and IBKR pumping out whatever subpar product their underlying exchange lists wouldn’t change the problem. But regulation can change right? At a conference in March, CFTC Chairman Michael Selig suggested that the agency would allow perps for crypto soon. While CME and ICE may not have the right infrastructure in place to flip on perps anytime soon, Coinbase, Kalshi, and Polymarket could in theory offer real perps on crypto within weeks of formal guidance dropping. In fact, it is my full expectation that both Kalshi and Polymarket's upcoming perps products will be real perps with no expiry, unlike what Coinbase offers. What then would be the advantage of decentralized venues like Hyperliquid if everyone was now on a more level playing field? Well for one U.S. guidance would likely only be for crypto perps, not the equity or commodity perps which are the fastest growing segment of the market. They also might not remove limits on retail leverage. But let’s just ignore these qualifications for now and assume that there’s simultaneously 1) no regulatory advantage for offshore venues anymore and 2) decentralized venues still cannot legally offer perps to U.S. retail users (despite the CFTC also working towards creating a pathway for this). There’s a handful of long-term advantages decentralized venues like Hyperliquid have. 1) DEXs are structurally cheaper as they do not maintain fiat banking rails, large compliance teams, regional subsidiaries, customer support, or extensive custody and treasury operations 2) DEXs are permissionless, which provides significant scaling advantages over incumbents as anyone can launch and distribute new markets, creating a virtuous utility-and-distribution flywheel 3) DEXs are intrinsically global, enabling them to reach anyone on Earth so long as they have an internet connection 4) DEXs offer users substantially lower counterparty risk as they are real-time auditable and enable users to self custody their funds And none of this is to mention the bigger picture concept that Hyperliquid isn’t just a perps venue anymore. Rather it’s a full-fledged platform where traders soon be able to cross-margin perps, options, predictions, and tokenized equities in a unified experience. Incorporating all of this into a single risk engine takes years of iteration and refinement, and a baseline level of liquidity across all markets. x.com/RyanWatkins_/s… With all this in mind, who do you think is best positioned to execute on this product? Is it really the regulatorily constrained, technologically disadvantaged, incumbents that have zero experience building this product? Or is it the pioneering team with breakneck product velocity and years of experience both trading and building these products? It’s not wrong to worry about competition. I do expect TradFi firms will offer decent products over the coming quarters and help grow the market. But eventually decentralized venues will be made legal in the U.S. too and their superiority will be proven over time. So the big question in my mind is not whether TradFi will win, it’s whether another blockchain like Solana, Lighter, or Base builds a better product, or if Hyperliquid will stay the king. Time will tell.

A policy center dedicated to bringing decentralized markets to American users. While Kalshi and Polymarket are launching perps, a long post is coming on why Hyperliquid is already years ahead. Time to reset the narrative. Hyperliquid.

Cobie lists the top Crypto traders of all time Su Zhu: "Had a hero run in 2021. He even sold the top and then for some reason bought back way too early with loads of leverage and got liquidated on the way down” GCR: "Obviously” Actual Advice BTC: "He would get super wealthy and then lose it. Kind of like Su Zhu. He passed away in 2020” Light: "More active in Crypto than he's ever been. 2025 was probably his best performing year ever, based on what I know. Light is up there” CL: "Sometimes seems really smart… and then sometimes you're like, is this guy the biggest moron on planet earth? I genuinely can't tell. He'll do the smartest thing you've ever seen in your life and then something insane right after” Shoku: "A multi-generational talent. Super successful at several different things at the same time. He annoys me quite a lot because he's just better than me at everything”