degenomics.hl
5K posts

degenomics.hl
@degenomics
Mostly retired. Hyperliquid. Heavy DEX Trader. Epic NFT Collector. Profit maxi cockroach in search of the next ponzu. 2017
Permanent State of Illiquidity Katılım Haziran 2019
751 Takip Edilen7.8K Takipçiler

Dogfooding @hyperbeat @Noah_HQ so far so good
Hyperliquid withdraw USDC to HyperEVM -> deposit into Hyperbeat -> Wire/ACH
degenomics.hl@degenomics
Why is there no Hyperliquid -> checking account feature yet
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@0xKNL__ Don't think people use ABG correctly or know what ABG truly is
ABGs are a dying breed, just like import models
GIF
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@TheCryptoCPA If I sent USDC to Coinbase and then converted 1:1 for USD, I just report $0 gains on 8949 right?
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8/ What should you actually do?
Here's the decision tree:
Simple situation (only used Coinbase, have all records): → Use Coinbase Tax Center to add basis, rely on Customer 1099-DA for filing
Complex situation (multiple exchanges, DeFi, missing records): → Use crypto tax software that can reconcile 1099-DAs (like CoinTracker)
Either way:
- Make sure your Form 8949 proceeds match your 1099-DA
- Report gains/losses in the correct boxes
- Keep documentation of your basis calculations
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If you are confused about the interaction between 1099-DAs, the Coinbase tax center, and whether you still need crypto tax software, you are not alone.
There's a TON of misinformation out there.
Here's exactly how these three things work together and what you actually need to do to stay out of IRS trouble: 🧵
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@MetamateDaz 6.2m million views, nice
Yes, I was gay for a couple years in university. Saved a lot of money
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HyperCore will support outcome trading (HIP-4). Outcomes are fully collateralized contracts that settle within a fixed range. They are a general-purpose primitive that are useful for applications such as prediction markets and bounded options-like instruments. There has been extensive user demand in both of these areas, and builders will likely think of novel applications as well.
Outcomes bring non-linearity, dated contracts, and an alternative form of derivative trading that does not involve leverage or liquidations. The outcome primitive expands the expressivity of HyperCore, while composing with other primitives such as portfolio margin and the HyperEVM.
Outcomes are a work in progress and currently only being tested on testnet. Canonical markets based on objective settlement sources will be deployed once technical development is complete. Canonical markets will be denominated in USDH. Pending user feedback, the infrastructure will be extended to permissionless deployment.
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Uh oh! (1 hour candles)

degenomics.hl@degenomics
On a short-term time frame, no reason to sell any $HYPE until it loses either green line
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@itsayycha Interesting indicators, especially the top left "dashboard"
Would you mind sharing name of the script/indicators?
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$STEM +5% off to a good start so far

a-cha@itsayycha
$STEM one of the best looking charts out there: - finally above HTF MAs after a 4 year downtrend - had a huge pump in Oct and has basically been consolidating since - MAs compression PLUS resistance becoming support - invalidation below compression, easy R:R
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