Sabitlenmiş Tweet
Reaz.hl
487 posts
Some big names with earnings calls this week on Felix:
Top 5 by market cap:
>Apple | ~$3.81T
>Microsoft | ~$2.85T
>Alphabet | ~$2.89T
>Meta Platforms | ~$1.6T
>Tesla | ~$900B
We will have another large batch of available assets coming available in the next 4-6 weeks. We will eventually cover virtually every US company that has an earnings call. That is the primary benefit of using NYSE & Nasdaq liquidity.
Felix@felixprotocol
Spot equities earnings on Felix this week — Apr 21–24 Aerospace & Defense >GE Aerospace | $GE | Apr 21 | BMO >RTX Corp | $RTX | Apr 21 | BMO >Northrop Grumman | $NOC | Apr 21 | BMO >Boeing | $BA | Apr 22 | BMO >Lockheed Martin | $LMT | Apr 23 | BMO Big Tech & AI >Google | $GOOGL | Apr 22 | AMC >Microsoft | $MSFT | Apr 22 | AMC >Meta Platforms | $META | Apr 22 | AMC >Tesla | $TSLA | Apr 22 | AMC >IBM | $IBM | Apr 22 | AMC >ServiceNow | $NOW | Apr 22 | AMC >Apple | $AAPL | Apr 23 | AMC Semiconductors >Texas Instruments | $TXN | Apr 22 | AMC >Lam Research | $LRCX | Apr 22 | AMC >Intel | $INTC | Apr 23 | AMC >KLA Corp | $KLAC | Apr 23 | AMC Industrials & Infrastructure >Vertiv | $VRT | Apr 22 | BMO >AT&T | $T | Apr 22 | BMO >Union Pacific | $UNP | Apr 23 | BMO Healthcare >UnitedHealth | $UNH | Apr 21 | BMO >Thermo Fisher Scientific | $TMO | Apr 23 | BMO >Financials >Capital One | $COF | Apr 21 | AMC >American Express | $AXP | Apr 23 | BMO Mining & Materials >Freeport-McMoRan | $FCX | Apr 23 | BMO >Newmont | $NEM | Apr 23 | AMC Energy >NextEra Energy | $NEE | Apr 23 | BMO Consumer Staples >Procter & Gamble | $PG | Apr 24 | BMO Trade all earnings at trade.usefelix.xyz/equities
English
Many of the users I have spoken with mention that they see themselves using the spot equities product for short term trades.
With our design, we can easily offer users thousands of earnings reports to trade on with their short term capital. Hoping this boosts convenience for equities traders and allows them to avoid any uncessary costs/hassle that they are dealing with to get to their offchain broker
Felix@felixprotocol
Felix spot equities allow traders to enter short term positions on different earnings reports without having to offramp to access deep liquidity, incur FX costs, or endure long settlement times. This week users can trade spot on the following earnings reports: Tuesday 14 April: >Bitmine (BMNR) >BlackRock (BLK) >Citigroup (C) >Johnson and Johnson (JNJ) >JP Morgan (JPM) >Wells Fargo (WFC) Wednesday 15 April: >ASML Holding (ASML) >Bank of America (BAC) Thursday 16 April: >Abbott Laboratories (ABT) >Charles Schwab (SCHW) >Netflix (NFLX) >Pepsico (PEP) >Taiwan Semiconductor (TSM)
English
@WAGMONSTR_ @felixprotocol Hey @WAGMONSTR_ the volumes on display are from the NYSE or Nasdaq (depending on the asset)
English
@felixprotocol The volumes are insanely high, how do these get sourced? i assume this isn't the volume only on felix?
English
Reaz.hl retweetledi
On Felix, which spot equities/ETFs/indices can I trade for large order sizes with the same execution cost as an offchain brokerage?
There are 31 of 264 spot ETFs and equities that can be purchased or sold on trade.usefelix.xyz/equities for individual market orders of $500,000 - $2,250,000 with execution costs at parity with those on offchain brokerages (IBKR, Charles Schwab, ETrade).
Those assets are:
Alphabet (Google)
Alibaba
Apple
AMD
Amazon
Boeing
Broadcom
Coca-Cola
Costco
Disney
Eli Lilly
General Electric
IBM
Invesco QQQ
iShares Gold Trust
iShares Core S&P MidCap ETF
Intel
iShares Core S&P 500 ETF
iShares Russell 2000 ETF
iShares Silver Trust
JPMorgan Chase
Meta Platforms
Microsoft
Netflix
NVIDIA
Oracle
PepsiCo
Procter & Gamble
Palantir Technologies
Salesforce
SPDR S&P 500 ETF
This list will grow over time and is possible because of the mint redeem design available on Felix.
Felix@felixprotocol
What are the key benefits of the Felix spot equities RFQ architecture? One is driving costs down for users who want to buy stocks onchain. As an example, today, user 0x0Db…33E6 bought $100,000 of spot Nvidia (NVDA) and $100,000 of spot Taiwan Semiconductor Manufacturing (TSM) fully onchain via Felix. Right now, each of those trades would have a net execution cost of 10.6 bps and 11.1bps respectively: no more 200bps added slippage when buying spot equities onchain. Tx hashes: >0x69f5db529ce47f9c09cc4a13dfec4dec1747d5d2a59b05afa81fd2fca34ed69b >0x617e36446d38c0951a8747784aff7d39996a65223e514ce4f4da45f96c54f4d0 Trade equities here: trade.usefelix.xyz/equities
English
Definitely a tradeoff and it depends on what the needs of the trader are. Some onchain users are privileged and have a strong domestic currency / ease of access to US spot markets offchain. Some don't have those things. Ideally, we start to see access to these companies onchain in the future where users can KYC to hold actual stock. Otherwise, this is the best option for many people who either lack ease of access offchain or need to deal with abhorrent FX costs.
English
What are the key benefits of the Felix spot equities RFQ architecture? One is driving costs down for users who want to buy stocks onchain.
As an example, today, user 0x0Db…33E6 bought $100,000 of spot Nvidia (NVDA) and $100,000 of spot Taiwan Semiconductor Manufacturing (TSM) fully onchain via Felix. Right now, each of those trades would have a net execution cost of 10.6 bps and 11.1bps respectively: no more 200bps added slippage when buying spot equities onchain.
Tx hashes:
>0x69f5db529ce47f9c09cc4a13dfec4dec1747d5d2a59b05afa81fd2fca34ed69b
>0x617e36446d38c0951a8747784aff7d39996a65223e514ce4f4da45f96c54f4d0
Trade equities here: trade.usefelix.xyz/equities
Felix@felixprotocol
English
The other benefit of our RFQ design for spot equities/ETFs/indices is that one user can request a specific asset, of which we can easily get listed in the next batch. I don't need to see 100 whales asking for the same ticker.
If you're bootstrapping liquidity in a secondary spot market, you'd need to see demand from many large users before even considering the listing.
Felix@felixprotocol
What are the key benefits of the Felix spot equities RFQ architecture? One is driving costs down for users who want to buy stocks onchain. As an example, today, user 0x0Db…33E6 bought $100,000 of spot Nvidia (NVDA) and $100,000 of spot Taiwan Semiconductor Manufacturing (TSM) fully onchain via Felix. Right now, each of those trades would have a net execution cost of 10.6 bps and 11.1bps respectively: no more 200bps added slippage when buying spot equities onchain. Tx hashes: >0x69f5db529ce47f9c09cc4a13dfec4dec1747d5d2a59b05afa81fd2fca34ed69b >0x617e36446d38c0951a8747784aff7d39996a65223e514ce4f4da45f96c54f4d0 Trade equities here: trade.usefelix.xyz/equities
English
Step by step flow to buy spot equities on Felix today
>Deposit USDC from HyperCore spot, HyperCore perps, or Ethereum mainnet balance
>Buy spot equities fully on-chain
264 assets live today. What are we missing?
Trade here: trade.usefelix.xyz/equities
Felix@felixprotocol
Tokenized stocks and ETFs are now live on Felix On-chain traders no longer have to off-ramp funds to gain exposure to US capital markets. Additionally, Felix users now have the ability to trade tokenized stocks/ETFs in large order sizes without the steep execution costs that have plagued on-chain adoption up until now (Example: Buy $1M in GOOGL on Felix with a net execution cost less than 10bps today). Trade over 250 different assets now: trade.usefelix.xyz/equities Not available in the U.S. and other prohibited jurisdictions.
English
English
We will see markets on Hypercore eventually (I have no doubt). The issue with Hypercore spot equity listings in the short term is that it requires a tremendous amount of capital to provide execution costs that are at parity with offchain markets. Then you need to do that for countless assets. The reason we chose to start with this design is that it both allows for a wider variety of options (264 assets live right now) and immediately solves for the liquidity problem (e.g. you can buy $2.25M of spot SPY for less than 10bps net execution with us right now)
English
Lots of upgrades already queued and on the way. V1 is intended to give users cheap execution on large market orders on the 264 assets. Future versions will allow traders to do more with these assets such as use them on Felix lending markets or buy/sell with limit orders and DCA.
All feedback is appreciated as we are working diligently to iterate for future upgrades.
Felix@felixprotocol
Step by step flow to buy spot equities on Felix today >Deposit USDC from HyperCore spot, HyperCore perps, or Ethereum mainnet balance >Buy spot equities fully on-chain 264 assets live today. What are we missing? Trade here: trade.usefelix.xyz/equities
English
It's great to see spot equities finally go live as we have been working on this for many months now.
The main goal was to give users access to the widest variety of assets without having to pay abhorrent execution costs or deal with offramping. We also wanted to create an experience that enabled Hyperliquid traders to easily access spot assets to compliment many of the HIP-3 markets. Lastly, we hope that ease of access to these spot markets will attract net new users & net new activity to Hypercore markets.
Users can expect hundreds to thousands of assets to be listed rapidly over the coming months. There will be no shortage of spot assets to trade on Felix, and if there are any you'd like to see next, please let us know.
Felix@felixprotocol
Tokenized stocks and ETFs are now live on Felix On-chain traders no longer have to off-ramp funds to gain exposure to US capital markets. Additionally, Felix users now have the ability to trade tokenized stocks/ETFs in large order sizes without the steep execution costs that have plagued on-chain adoption up until now (Example: Buy $1M in GOOGL on Felix with a net execution cost less than 10bps today). Trade over 250 different assets now: trade.usefelix.xyz/equities Not available in the U.S. and other prohibited jurisdictions.
English
@MelioHL @felixprotocol @HypioHL Settlement is instant for tokenholders. The underlying shares are still subject to T+1
English
@felixprotocol @HypioHL spot equities onchain is a wild concept tho
how does settlement even work for that
English
Felix spot equities update
There are now 61 new spot equity assets available on Felix private mainnet, many of which were requested by beta users. This addition brings the total available spot equities to 264. More information on alpha launch will be shared soon. Newly available equities are listed here for current beta users:
>Space, Defense & Aerospace
ASTS — AST SpaceMobile
LUNR — Intuitive Machines
NOC — Northrop Grumman
RDW — Redwire
RKLB — Rocket Lab
>Clean Energy & Power
ENPH — Enphase Energy
GEV — GE Vernova
SEDG — SolarEdge Technologies
>Mining, Materials & Commodities
ALB — Albemarle
FCX — Freeport-McMoRan
NEM — Newmont
SCCO — Southern Copper
UEC — Uranium Energy
>International Equity ETFs
ECH — iShares MSCI Chile ETF
EWJ — iShares MSCI Japan ETF
EWY — iShares MSCI South Korea ETF
EWZ — iShares MSCI Brazil ETF
FXI — iShares China Large-Cap ETF
INDA — iShares MSCI India ETF
KWEB — KraneShares CSI China Internet ETF
>Crypto Spot ETFs
ETHA — iShares Ethereum Trust ETF
FSOL — Fidelity Solana Fund
IBIT — iShares Bitcoin Trust ETF
>Crypto-Linked Equities
ENLV — Enlivex Therapeutics
EXOD — Exodus Movement
GLXY — Galaxy Digital
>Commodity ETFs
BNO — US Brent Oil Fund
GLTR — abrdn Physical Precious Metals Basket
OIH — VanEck Oil Services ETF
PPLT — abrdn Physical Platinum Shares ETF
UNG — US Natural Gas Fund
URA — Global X Uranium ETF
>Fixed Income ETFs
HYS — PIMCO 0–5 Year High Yield Corporate Bond ETF
IEF — iShares 7–10 Year Treasury Bond ETF
SHY — iShares 1–3 Year Treasury Bond ETF
>US Sector & Thematic Equity ETFs
CIBR — First Trust NASDAQ Cybersecurity ETF
ITA — iShares US Aerospace & Defense ETF
PAVE — Global X US Infrastructure Development ETF
SOXX — iShares Semiconductor ETF
VNQ — Vanguard Real Estate ETF
>Compute, Storage & AI Infrastructure
APLD — Applied Digital
COHR — Coherent
CRWV — CoreWeave
IONQ — IonQ
NBIS — Nebius Group
QUBT — Quantum Computing
SNDK — SanDisk
STX — Seagate
WDC — Western Digital
>Biotech & Pharma
CAPR — Capricor Therapeutics
REGN — Regeneron Pharmaceuticals
VRTX — Vertex Pharmaceuticals
>Industrials, Infrastructure & Transportation
ETN — Eaton
UNP — Union Pacific
VFS — VinFast Auto
WM — Waste Management
English
English
I’m excited to share that there are 61 new spot offerings available on Felix, totaling 264 different tokenized US equities. Over the last several weeks of Felix spot equities early access, users have sent me countless listing requests. What’s great about the mint redeem design is that offering new listings does not require net new liquidity: all liquidity comes from offchain. Therefore, we can easily field user requests and get virtually any asset listed with tradfi-level execution costs. The top 10 requested assets by users are listed below:
BNO United States Brent Oil Fund LP
EWY iShares Msci South Korea ETF
ECH iShares MSCI Chile ETF
EWZ iShares Msci Brazil ETF
GLXY Galaxy Digital Holdings Ltd.
PALL abrdn Physical Palladium Shares ETF
PPLT abrdn Physical Platinum Shares ETF
RKLB Rocket Lab Corp
UNG United States Natural Gas Fund LP
URA Global X Uranium ETF
If you are looking for beta access, feel free to dm me, @0xBroze, or @felixprotocol
Felix@felixprotocol
Felix spot equities update There are now 61 new spot equity assets available on Felix private mainnet, many of which were requested by beta users. This addition brings the total available spot equities to 264. More information on alpha launch will be shared soon. Newly available equities are listed here for current beta users: >Space, Defense & Aerospace ASTS — AST SpaceMobile LUNR — Intuitive Machines NOC — Northrop Grumman RDW — Redwire RKLB — Rocket Lab >Clean Energy & Power ENPH — Enphase Energy GEV — GE Vernova SEDG — SolarEdge Technologies >Mining, Materials & Commodities ALB — Albemarle FCX — Freeport-McMoRan NEM — Newmont SCCO — Southern Copper UEC — Uranium Energy >International Equity ETFs ECH — iShares MSCI Chile ETF EWJ — iShares MSCI Japan ETF EWY — iShares MSCI South Korea ETF EWZ — iShares MSCI Brazil ETF FXI — iShares China Large-Cap ETF INDA — iShares MSCI India ETF KWEB — KraneShares CSI China Internet ETF >Crypto Spot ETFs ETHA — iShares Ethereum Trust ETF FSOL — Fidelity Solana Fund IBIT — iShares Bitcoin Trust ETF >Crypto-Linked Equities ENLV — Enlivex Therapeutics EXOD — Exodus Movement GLXY — Galaxy Digital >Commodity ETFs BNO — US Brent Oil Fund GLTR — abrdn Physical Precious Metals Basket OIH — VanEck Oil Services ETF PPLT — abrdn Physical Platinum Shares ETF UNG — US Natural Gas Fund URA — Global X Uranium ETF >Fixed Income ETFs HYS — PIMCO 0–5 Year High Yield Corporate Bond ETF IEF — iShares 7–10 Year Treasury Bond ETF SHY — iShares 1–3 Year Treasury Bond ETF >US Sector & Thematic Equity ETFs CIBR — First Trust NASDAQ Cybersecurity ETF ITA — iShares US Aerospace & Defense ETF PAVE — Global X US Infrastructure Development ETF SOXX — iShares Semiconductor ETF VNQ — Vanguard Real Estate ETF >Compute, Storage & AI Infrastructure APLD — Applied Digital COHR — Coherent CRWV — CoreWeave IONQ — IonQ NBIS — Nebius Group QUBT — Quantum Computing SNDK — SanDisk STX — Seagate WDC — Western Digital >Biotech & Pharma CAPR — Capricor Therapeutics REGN — Regeneron Pharmaceuticals VRTX — Vertex Pharmaceuticals >Industrials, Infrastructure & Transportation ETN — Eaton UNP — Union Pacific VFS — VinFast Auto WM — Waste Management
English
Over the last 2.5 months HIP-3 share of total HL OI has climbed from 3.64% to 18.5%. January and February growth was primarily driven by the silver markets. Similarly, oil’s open interest has dominated HIP-3 OI over the past 2 weeks
Why should this continue to grow? One reason is HIP-3 market parameterization being iterated on and improved, eg below QT + new backstop liquidator for HIP-3 from HL Labs announced yesterday
Charlie.hl@0xBroze
When we designed Felix HIP-3 markets, we made the decision to cap funding rates for all RWA markets on weekends. Why? Funding rates exist to keep perp contract prices aligned with the underlying spot asset. Deviations trigger rate spikes that encourage arbers to balance the flow and keep price in line. For RWA perps, this system works well on weekdays, when off-hour periods are brief and off-chain hedging is reliable, but it breaks down on weekends, especially during major news events, like we've seen with oil over the past couple weeks This recent oil volatility triggered circuit breakers (capping mark price) on HIP-3 oil markets, and few traders wanted to take the opposite short positions at the capped mark price because many expected an oil jump on Monday open, which would then likely wipe out their short. With tradfi venues closed, there was no way to conveniently hedge this risk, creating a high risk + low reward scenario for shorts So even though funding rates stayed high on other oil perp venues, these rates weren't able to pull the contract price towards the speculated prices and ended up just bleeding money for longs. On Felix, the OIL-USDH funding rate stayed at ~0% over the weekend, which protected longs from unfair weekend losses, esp those users who entered expecting a gap-up Hopefully helps provide some clarity on why we made the design choice we did for weekend fundings
English
The trades I expect to see between HIP-3 and HIP-4 (by a crude investor who is well read on international relations and Middle East events):
A crude investor opens up a $1M 3x long on WTI (CL-USDC & OIL-USDH) via HIP-3. Following their long, they search for mispriced odds on Middle East events. They identify odds at 1:3 that the Straight of Hormuz will open by the end of April. If correct, the bet hits and they make a nice 4x return (even though they may have gotten liquidated on the 3x long). If the prediction is incorrect, their losses are likely mitigated as the long likely has appreciated due to additional constraints being applied to the oil supply.
I see HIP-3 and HIP-4 offering convenience and complimenting each other on countless RWA trades / RWA-related events (global politics, weather, Fed interest rate adjustments, etc).
English
~21.25% of @InsilicoTrading users have continued trading Hyperliquid markets over the last 3 months. Conversely, ~7.25% of @phantom traders have continued to use Hyperliquid markets over the last 3 months. Insilico traders aggregate pnl is $150m, whereas Phantom’s aggregate pnl is -$15M. When you have a platform that attracts sophisticated profitable traders, you expect better retention.
English