krish

4.7K posts

krish banner
krish

krish

@0xkrishb

monitoring the situation

onchain Katılım Ekim 2021
1.6K Takip Edilen2.2K Takipçiler
krish
krish@0xkrishb·
Breakpoint 2027 in Pyongyang would go hard
English
0
0
1
97
krish
krish@0xkrishb·
@Richard_ISC Ask any drift user who got exploited and they’ll tell you how misinformed they were. Every user was misled by Drift team and Samani, making them think the UX tradeoffs come with better security assumptions. Look at it from their POV, my tweet is not a victory lap.
English
0
0
7
420
Richard | ISC
Richard | ISC@Richard_ISC·
@0xkrishb If you want to call them out, and not be a hater or grave dancer, you have to voice it before a 280m hack. Same if Hyperliquid was exploited. Only people I could afford sympathy is people quoting their own past tweet highlighting the risks Drift was taking.
English
3
0
3
534
krish
krish@0xkrishb·
The most annoying part of the Drift hack is the fact that they spent an entire year critcising HL of being centralised while not acknowledging its own centralisation. Their core reasoning for not being competitive was sticking with DeFi principles and Solana's performace limitations. Essentially deceiving their users into thinking it's any more secure than HL. Now suddenly everyone who is calling them out is seen as a toxic hater. You can't have it both ways.
krish tweet mediakrish tweet mediakrish tweet mediakrish tweet media
English
16
12
163
12.1K
krish
krish@0xkrishb·
@cemarcann these are very old, not yet deleted, but they've deleted many
English
0
0
1
361
cem
cem@cemarcann·
@0xkrishb How many of these posts are deleted now?
English
1
0
0
406
Hy-PURR-Liquid
Hy-PURR-Liquid@Hy_Purr_liquid·
@0xkrishb "Truly permissionless onchain DEFI rails" compromised by a 2 sig multisig
English
1
1
11
586
krish
krish@0xkrishb·
True, HL users are well aware of the trust assumptions and accept the trade offs given it's the only way to build an exchange with a good UX. There are far more security features implemented by the team than we know of, imo. For example, the sudden bridge lock during Nov 2025 (as a result of market manipulation). There are probably other security measures that HL team doesn't market.
English
1
0
3
592
deKirill
deKirill@kir_varlamov·
@0xkrishb the real takeaway isn't who's centralized - every venue has trust assumptions. it's whether you're honest about them
English
1
0
2
621
krish retweetledi
Marc Andreessen 🇺🇸
Almost everything you think you know about the history of technology and capitalism was warped by communist/luddite propaganda of the era. That's happening this time too.
English
514
944
10.4K
403.3K
krish retweetledi
BOSS
BOSS@thebeautyofsaas·
you only need to be right a few times (1 or 2) in life to live a completely different life. one right biz model. one right connection. one piece of niche knowledge others don't possess. if you play your cards right when one of these opportunities comes... you are set for life
English
12
77
988
28.1K
krish retweetledi
MLM
MLM@mlmabc·
Most people who are active on CT are already in there, but if you haven’t joined my Telegram yet, make sure you do. t.me/mlmonchain Most of the info and alpha I find gets shared there first. Free arbs, big trades and liquidations on Hyperliquid, scams, unusual onchain activity, and more. Mainly focused on Hyperliquid. I’ll keep posting the biggest and most relevant findings here on X, but the main focus will be on Telegram. Join if you want to stay ahead.
English
32
32
339
39.3K
krish
krish@0xkrishb·
@mert recommend no more tweets like this
English
0
0
3
53
jeff.hl
jeff.hl@chameleon_jeff·
Huge congratulations to TradeXYZ and S&P for this historic partnership. I'm honored that these teams choose to build on Hyperliquid. Seeing official S&P500 perpetual futures launch exclusively on Hyperliquid is a validation of everyone's past years of hard work: global access to decentralized finance, perpetual futures as 24/7 price discovery, and Hyperliquid upgrading the existing financial stack to house all of finance. The S&P500 is synonymous with "the market," a single number that captures the essence of the largest economy in the world. Looking forward to tracking the world's most important financial gauge 24/7 on the most liquid permissionless markets.
trade.xyz@tradexyz

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes. The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale.  SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain. Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.

English
512
822
5.2K
501.3K
krish retweetledi
trade.xyz
trade.xyz@tradexyz·
S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes. The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale.  SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain. Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.
English
926
1.9K
8K
3.3M
krish retweetledi
roon
roon@tszzl·
[explaining the baghavad gita to a16z] so it’s kind of like a podcast, but they’re on a chariot
English
133
388
5.5K
192.2K
krish retweetledi
harsha
harsha@Harsha2077·
you've probably seen screenshots of $DRV OI next to Hyperliquid and Aster from ppl shilling it as "undervalued" i dug into the numbers. here's what's actually going on first, that $1.3B OI is almost entirely options notional. Derive's own dashboard breaks it down: BTC: $528M total OI • $507M options • $21M perps ETH: $97M total OI • $94M options • $3.4M perps so actual perp OI is only ~$24M. the "$1.3B" figure comes from options notional value (which makes sense because Derive is an options protocol). but options notional and perp OI are completely different things. in perps, $70k notional = a real $70k position with collateral and liquidation risk. yes leverage inflates it, but typically by ~5–10x. in options, $70k notional just means the contract references $70k of the underlying. the premium paid might only be $200–$400. the inflation vs real capital can easily be 100x+. this is why TradFi doesn't report options OI in notional. CME and CBOE report contract count. Deribit (the largest crypto options exchange) does the same: • 483,124 contracts headline • $33.7B notional shown separately clear and transparent. Derive only shows notional OI as the headline, with no contract count on the trading UI. so i went to their stats page. Derive has roughly ~8,000 BTC options contracts across all strikes. Deribit has ~483,000. that puts Derive at ~1.7% of Deribit's size. to be clear, i actually like Derive as a project. the team is solid. but when someone puts Derive's "$1.3B OI" next to Hyperliquid and Aster and says "look how undervalued", they're comparing options notional to perp OI. it's apples to oranges. also worth noting: Derive's OI is concentrated in just two expiries (March 27 and June 26), suggesting a small number of large positions. so the real picture is: • ~8,000 options contracts • mostly one-sided call selling • concentrated in two expiries • ~1.7% of Deribit's size if someone's selling you $DRV based on "$1.3B OI at $76M mcap", they probably don't understand options. also @DefiLlama can do better here. options protocols like Derive shouldn't be ranked by notional OI alongside perp protocols. either show contract count for options or at least separate the categories. the current setup is misleading
Miyamoto 🦞@iruletrenches

i'm seeing a lot of $HYPE whales more and more vocal about $DRV and also top holders of it. onchain options are naturally the next major vertical after perps. options unlock trading strategies that perps simply can’t offer. i’m not saying the options market will surpass perps, but the TAM is in the billions and growing fast. @DeriveXYZ currently holds the dominant position in this entire segment and is positioning itself as the base layer for onchain options, with projects already building on top of it like @dreaming. $DRV is already #3 in open interest after $HYPE and $ASTER, and is processing nine-figure options trades from institutions. the asymmetry here is extremely attractive. i think the market is simply lagging because of noise and fragmented attention, but sooner or later it catches up and reprices. sometimes the most obvious trades aren’t obvious to the masses until the move has already happened and the asset is up 5x. i’m becoming increasingly bullish on onchain options, and right now there’s basically no other way to get pure exposure to that market besides $DRV.

English
27
21
289
48.6K