Lanjiao Da 达兰姣

where did it all go wrong

funding is neg lmao

@mk4_lul amazing

btw the most interesting part of this chart is two fold: - price at ATH - mcap still 30% below last year's ATH mcap this is inverse to every other inflationary shitcoin out there hyperliquid

I’ve seen a lot of people compare the Hyperliquid price action to Q3 2023 Solana but it’s more like Q2 2025 Ethereum to me -big one way inflows from a public markets vehicle, price insensitive buying

The new Hyperliquid ETFs ($BHYP and $THYP) gobbled up ~0.1% of the float yesterday and are on track to do even better today $PURR (Hyperliquid Strategies) remains a consistent bidder The combined flows from these three vehicles are an order of magnitude larger than the AF buys

$BTC I still think you need BTC to play ball for our Special Situation Alts to leg up again. BTC hyper-chopping on LTFs above critical support as funding flips deep green (relative to past 4 months). First leg down, no biggie, but if there’s a second… I’m less confident.

@Greed2Fear gotcha thx

@0xheicho 44-48 range I'm thinking since the impluse over 44. would be a nice range to play.

Shhhhh

@Notsu311406 notsu…

last survivor is niggaliquid can overcome this or not ?

@ExitLiqCapital @RhysCrypto where does it stop nick

@RhysCrypto good (and then miserable) times

wow this $hype chart is crazy!

Think the below tweet is about spaceX premarket , expecting a lot of tradfi flow into HYPE considering how right the price discovery on CBRS was. $50 Hyperliquid.

👀 @tradexyz @HyperliquidX

This is the most unique perps exchange design I've seen in a while. Particularly because of the $PAPER mechanism. Here's how it works: > @papertrade_xyz is a synthetic perps protocol on HyperEVM without fees, funding, or slippage. > If you lose a trade, your full margin goes to the LP. If you win, you get paid but the protocol takes a fee on your gain - the fee is smaller for big moves, bigger for tiny moves. That haircut is the protocol's only revenue. > The LP starts at $0. It fills purely from trader losses. If the LP can't pay a winner immediately, the payout enters an onchain FIFO debt queue and gets paid as the LP refills. > Losing traders receive PAPER tokens. The lower the LP balance, the more PAPER you mint per dollar lost. > PAPER can be staked to earn USDC dividends - a continuous cut of LP revenue. Once the LP exceeds $5M, all surplus gains go entirely to stakers. > When the LP is low, emissions are high, so this is theoretically the time to accumulate PAPER cheap (also the riskiest period - if volume dries up, the LP doesn't earn any revenue and the whole flywheel breaks). > When the LP is high ($5M), dividends are high, so this is theoretically best time to be staking. > With sufficient volume, both states create buying/holding pressure on the token. ----- Holding/staking $PAPER is essentially betting that traders will lose against the house, which is arguably one of the most reliable bets you can make (and a good hedge if you're a degen perps trader).

@ASvanevik f&b outlets also booming with china brands…

“chinamaxxing isn’t real”

singularity is here but it’s - enhancing your job instead of taking it - creating more opportunities to make it instead of less permanent underclass has always existed and its mostly mindset which directly translates to your earning power

@_tolks Yea not sure about the thesis but pm looks primed after consolidating past couple of months

have been twapping uranium & gold on ostium since market open and have some short + long dated calls in UEC the whole periodic table (copper, lithium, silver, etc) looks insane & has been forgotten a bit amongst the ai trade

Think the most likely outcome here is HTF range for a bit. Beautiful move up towards ATH aVWAP. Maybe we get a move up closer to previous Range VAL (84k's), but wouldn't get too eager here on fresh positions (in this case I mean swings, not scalps). I know it's tempting to look for them as BTC flipped 73k convincingly. If BTC do starts ranging here (mid 80s -> low 70s), then I can bet my left nut that most wont hold onto their fresh positions in this scenario and ride the vol. It's ok to not move up in one go. For my SOL + DOGE positions, I hope I'm wrong. But also expecting them to get tested along the way.