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又买了2个Ledger，送给家人来存储用。 记不清是第N次买这款钱包了，蓝牙X版已经用烂了2个，新出的大屏幕我还是不喜欢，最喜欢的仍然是他们家的Nano经典款。 @Ledger 我们圈内包括很多散户，动不动一单亏损几百几千几U，但是确舍不得花几十U给自己的大额资金配个钱包。 这对吗？？

Jeff Yan on Building the Internet for Money, and why Hyperliquid isn’t just a crypto company In this episode of When Shift Happens, I sit down with @chameleon_jeff, Founder of @HyperliquidX, to reflect on one of crypto’s most extraordinary moments: a $1 billion community airdrop that grew into $10 billion in value. But this conversation goes beyond wealth to focus on responsibility, decentralisation, integrity, and what it really means to “house all of finance” on chain. The $10 Billion Moment, and What It Meant When the HYPE token launched, roughly $1 billion was distributed to early users, and within months, that grew tenfold. Jeff describes it as something better than winning. “I think it’s rare that the people who are early to something can all participate in the upside and gain meaningful ownership over a network.” For him, the special part wasn’t the scale of wealth. It was the fairness of distribution. In a space often criticised for insider extraction, this felt like crypto working as it was originally intended. But the event didn’t fundamentally change how Hyperliquid operates. There was no hiring spree or culture change. The mission remained the same: build a neutral, high-performance financial protocol. Responsibility in Finance Isn’t Optional Jeff frames finance differently from consumer tech. “There’s inherently a lot of responsibility in building anything financial”. Users are trusting you with their capital, not just testing a product. That trust requires systems that are neutral, fair, and robust across market conditions. When you build financial infrastructure, scale isn’t what introduces responsibility. It was present from the beginning, and fundamentals like neutrality and transparency matter deeply when criticism comes. The “Buyback” Misunderstanding One of the loudest critiques aimed at Hyperliquid is that it “buys back” tokens daily and should adjust purchases based on price. Jeff’s response is blunt: the premise is wrong. “The main problem is that Hyperliquid does not have a discretionary buyback program”. Protocol fees are automatically converted and burned through on-chain logic. No human discretion or executive committee is timing the market. Why is that so important? “Because Hyperliquid is not a company”. It’s a rules-based protocol. Expecting discretionary buybacks misunderstands its design. The vision is to function like infrastructure, more like the internet than a bank. Small Team, High Integrity Perhaps the most surprising detail: Hyperliquid Labs operates with around 10–11 people. In an industry where protocols balloon into hundreds of contributors, Jeff prefers a concentrated group. “We select for people… who have this high integrity bar that we view as a non-negotiable”. Integrity is tested not through interviews alone but through working sessions where a full day is spent collaborating to see how someone actually operates. And hiring is consensus-driven. If someone has a strong objection, it’s usually a veto. The result is clear. Despite sudden wealth, no one has left. Jeff admits he expected some retirement, but instead, their motivation has intensified. The team didn’t particularly celebrate because the culture is built around creating value, not around financial extraction. Housing All of Finance Jeff often repeats the phrase “housing all of finance.” It doesn’t refer to becoming a mega-exchange. It means eliminating fragmentation. “The financial system should not be fragmented”. Today, your financial life is scattered across banks, brokerages, exchanges, and apps. Hyperliquid’s thesis is composability — one programmable, neutral layer where financial primitives plug into each other seamlessly. But the crypto twist is crucial: “The platform on which people do this should not be controlled by a central corporation”. Instead, multiple teams should build, everything should be composable, and no single entity controls access. HyperEVM, HIP-3, and Outcome Markets Much of Hyperliquid’s evolution revolves around primitives, which are core building blocks that shape how finance behaves onchain. HyperEVM is the first layer of that vision. It allows developers to deploy Ethereum-style smart contracts directly on Hyperliquid’s Layer 1. But more importantly, it lets those contracts tap into native liquidity and order book infrastructure, where execution, settlement, and liquidity are already integrated at the protocol level. HIP-3 pushes that philosophy further by allowing anyone to deploy permissionless perpetual futures. This creates a shift in the people who define market structure. The early traction in assets like silver — reaching meaningful global trading volume within months — demonstrates that specialised deployers, not just central exchanges, can drive price discovery when given the right primitives. HIP-4 introduces outcome markets: prediction markets, binary contracts, and bounded payoff structures. Fully collateralised and free from liquidation mechanics, they provide a cleaner way to express specific views without relying on leverage or funding mechanics. Across all three, the underlying principle remains consistent: keep the base layer minimal, neutral, and broadly useful. The protocol defines only what must be foundational. Everything else is built permissionlessly on top. Why Stay in Crypto? With AI attracting talent and capital, many question crypto’s future relevance. Jeff’s answer is simple: “If you don’t [bring finance on chain], then the financial system is going to fall behind the pace of technological development.” Legacy finance, he argues, cannot keep up with the speed of change, but programmable, decentralised infrastructure can. What Should Hyperliquid Be Remembered For? Jeff doesn’t want a legacy tied to a token event. “I hope Hyperliquid becomes the internet for money.” If Hyperliquid succeeds, users won’t think about it. They’ll simply use a financial system that is open, programmable, and neutral by default. 👉If you enjoyed reading the summary, head over to When Shift Happens on YouTube or your favorite podcast platform to access the full convo.

在“出金越来越难”的阶段，我找到了一条相对稳的 USDT 回国路径 在 𝕏 输出过不少教程，我最大的感受只有一句话： 真正困扰大家的，不是赚钱，而是钱怎么安全、合规地回到自己名下。 尤其是最近这段时间，临近春节，不少朋友私信我： “不走 C2C，还有没有别的办法？” “港卡拿不到，怎么处理加密资产？” 因为我比较特殊，身边很多朋友跑去棉被做诈诈，去境外的手续很难办，就一直搁置了，自己也属于无港卡、无离岸身份的状态，所以这段时间把能测试的路径都尝试跑了一遍。 最终结论是：LemFi 这条线，至少在当前阶段，值得单独拎出来讲一次。 为什么我会关注到 LemFi？ 简单说一句背景结论： 👉 它不是“野路子”，而是正经跨境汇款公司。 成立时间：2020 年 覆盖国家：30+ 月交易规模：15 亿美元级 用户量：200 万+ 更关键的是： 它能和我们常用的一些“中转型金融账户”打通，最终落到支付宝 / 微信 / 银联。 从我自己的实测结果看： 1、汇损在同类平台里算低 2、中文区支持友好 3、出问题能在 App 里直接找到人工（这点很重要） 先说清楚一个前提：LemFi 对“环境一致性”要求非常高 如果你只看教程、不管环境，99% 会翻车。 所以这部分我放在最前面。 一、物理环境（这是硬条件） 必须满足三点： 1️⃣ IP 必须干净 禁用 VPN/机场 /纯净度低的代理节点 2️⃣ 推荐方案 英国实体 SIM 卡（如 giffgaff） 开启漫游流量 成本不高，但成功率极高 3️⃣ 手机号要求 只能用 +44 的英国号 ❌ Google Voice ❌ 接码平台 👉 一句话总结： IP、手机号、地址逻辑必须“像一个真实生活在英国的人”。 二、身份材料准备（不复杂，但要对） 证件：有效期内的中国护照 地址：不要求水电账单 但需要一个真实存在的英国住宅地址，且逻辑与 IP 匹配（可以生成） ⚠️ 地址不确定？ Google Maps + 英国居民区即可，别乱编。 三、注册顺序很重要（影响权重 & 奖励） Step 1：下载 & 自检 关闭 Wi-Fi 使用英国 SIM 漫游流量 通过App Store / Google Play 安全渠道下载 LemFi 地区选择 United Kingdom Step 2：注册并锁定权益 输入英国手机号 设置强密码 邀请码填写：fuyao 权益包括： 首笔汇款 10% 返现（上限 £50），汇率点差优化，首笔免手续费 Step 3：KYC 邮箱验证 信息填写（与护照一致） 上传护照 + 人脸识别 ⏱️ 实测审核：几分钟级别 四、资金链路怎么走？分两类人 场景 A｜已有法币，只做跨境 直接绑定银行卡 Apple Pay / Google Pay 成功率最高 风控极低 场景 B｜USDT → 合规回国（重点） 这是我目前最认可的一条“非 C2C”路径： 交易所 → Kraken → iFAST → LemFi → 国内账户 1️⃣ USDT → 英镑 提现 USDT 到 Kraken 交易对：USDT / GBP 2️⃣ Kraken → iFAST 英镑转入 iFAST 这是你名下的正规银行账户 用来“切断交易所直接关系” 3️⃣ iFAST → LemFi LemFi 会给你一个同名的英国账户 底层银行：ClearBank 通过 FPS 同名转账 秒到、0 手续费、合规 100% ⚠️ 注意： 一定要 从 iFAST 主动转账，不要反向绑定扣款。 五、钱怎么回国内？ 可选通道对比： 支付宝 / 微信（推荐） 到账：3–5 分钟 年度额度：约 50 万 RMB（视账户等级） 需提前开通对应功能 银联卡： 到账：10–30 分钟 受外汇额度限制 但风控最低，适合大额 六、一个真实存在的“负成本”案例 新人返现机制不是摆设，我实测过。 汇款金额：£500 交易成本：≈ £1 LemFi 手续费：£0 次日返现：£50 👉 实际结果： 完成一次出金 + 反而净赚 £49 七、几个高频问题直接说结论 Q：为什么不能用 VPN？ A：ClearBank 风控极严，数据中心 IP 直接判死刑，住宅家宽可以豁免这种风险 Q：邀请码忘填了怎么办？ A：基本补不了，只能注销重来，注册时务必填 fuyao Q：额度问题？ LemFi：单笔 £10,000 / 月 £40,000 国内端：按外汇政策执行 最后一句实话 这条路径也许并非永远有效， 但在当前阶段，它是我实测下来相对稳定、逻辑清晰、合规性最高的一条。 如果你正好有： USDT 需要变现 不想碰 C2C 又拿不到港卡 那至少，值得你认真看一遍、低额实测一次。 #海外收款 #LemFi