JandX

2025 ct in 10:39

to whomever it may concern: I do not plan on ever selling any investment I have been graciously allowed to make with any promising companies building the future of finance. I do not know how to sell or short. I have lost my ledger in a boating accident. thank you.

@stoicsavage perp bros we are so back

when jez originally told me about lighter in march i was pretty skeptical about anything competing with HL. after dydx's success hundreds of competitors were spun up in late 2022 almost all of which failed, so i doubted this time would be different for challengers to HL. despite that he told me i should deposit to LLP regardless because the yield was so high. back in march the deposit caps were 25k per wallet, 50% of which could be deposited into LLP. luckily for me, lighter was hosting a trading competition with a grand prize of 15k points and 1k USDC (lol) so i took a shot at winning it using the remaining 12.5k i didnt dump into LLP

@0xMerp it was literally this lmao

@JandX_ bro won the smash bros competition at the local gamestop and made a million dollars

@TaikiMaeda2 🧑‍🌾wgmi taiki

@JandX_ congrats jandy

@izebel_eth my goat

@JandX_ 🤍

@DeFiyst thank you king

@JandX_ Crazy to think what those points are worth now. Crushed it

the perps market is by far the most profitable business to come out of crypto and I’m very excited to see a new competitor try something different

I always assumed a no fee model would be unprofitable for anyone to offer but revenue from premium accounts + liquidation bonuses and MMing profits to LLP more than justifies the high otc market valuation. more traders switch to lighter for no fees -> more toxic flow -> more profitable for MMs to quote on premium accounts while paying fees. It’s a cool flywheel.

@delucinator we did it

thank you cl, thank you jez, thank you hanzo, thank you jandx and hypequant we managed to do it

its been about 2 years since hl public opened and now theres massive disinformation about what happened then lol throwback to playing league inhouses all day then discussing hl point farming tactics between games

@KuroXLB @CL207 @stoicsavage

@CL207 @stoicsavage @JandX_

1/ We've raised $28M in seed round funding led by Bitfinex and Hack VC to launch @Stable — the first dedicated Layer 1 stablechain optimized for USDT payments.

Absolute chaos on the $alpaca delisting today Binance and Bybit were scheduling delistings at 0900 UTC with close only orders from 0830 onwards (note the dropoff in volume) MEXC followed nance, while gate.io diverged nearly an hr earlier anyways rip shorts

@oldmankotaro pepemarch

"nuke the coins then drop the executive order"

@icebergy :)

Meme boys are going to take their gains over to perps at some point in this cycle, and they are going to try to play the game. That's when they lose it. All.

a lot of these letters are very misleading, majority these funds are delta neutral which means tradfi is becoming increasingly LONG eth rather than short the most shorted period was back in nov 2022, which is when FTX went down, shorting eth costed 30% apr back then