Sandalen.eth (🎨,🪄) #Freedom

Top DeFi tools I use regularly @DefiLlama - DeFi Analytics @DeBankDeFi - EVM portfolio tracker @Infinit_Labs -AI-powered DeFi farming @pendle_fi - Fixed stablecoin yields @DeFiSaver - Auto loan management @bendbasis - Funding rate arbitrage @Tokenomist_ai - Tokenomics tracker @_dexuai - CT Social Analytics @getmoni_io - New projects finder @tokenterminal - DeFi Analytics @jumperapp - Cross-chain transactions @RWA_xyz - RWA analytics @growthepie_eth - Ethereum analytics @JupiterExchange's Portfolio - Solana portfolio tracker Anythings else I should check out?

pretty crazy how five years ago vaccines were the most devastating thing you could ever do to your body but nowadays its fine to inject chinese peptide from Temu because you cant stop snacking after dinner

spark delisted rsETH on january 29. aave launched rsETH E-Mode at 93% LTV the same day. three months later aave ate $230m in bad debt across every pool and spark absorbed $1.3b in fleeing capital with zero exposure. SPK up 19.65% today. justin sun moved $125m ETH from aave to spark in real time. $8.5b left aave in 48 hours. shared-pool lending is the subprime CDO of defi. when the music stops, you're fucked

Guess what stage we are at

kalshi ($22b valuation, CFTC-regulated, backed by coatue) just launched perpetual futures on hyperliquid infrastructure. $100b annualized volume trajectory running through $HYPE's order book. a regulated US exchange with ICE and FIS partnerships chose hyperliquid over building in-house. polymarket launched perps 2 hours later on acquired brahmaFi tech. the prediction market perps war is now a proxy war for settlement layer dominance and hyperliquid is the arms dealer to both sides of tradfi

Thank fucking god that ape chain is ok.

Major protocols that have never been hacked ↓ (at core contract level) Sky Lido Aave dYdX Ondo EIGEN Pendle Kraken Gemini Morpho Uniswap Chainlink Coinbase

In crypto and defi (ie in honest markets), when a component fails, those closest to the component—whether wildly negligent or innocent victim—suffer the loss, and are burdened with that responsibility. Unequal, but proper. In tradfi and banking (ie in coercively manipulated markets), when a component fails, the entire society is forced under the burden of its resolution. Costs are socialized. Equal, but improper. The former, with time, becomes self-correcting, self-improving, and crucially, retains vitality. The latter, regardless of time, becomes stagnant and soulless, and here everyone can wallow in an equivalent grey. Any man of agency should prefer the former, taking care over that to which he is proximate. It is from this that the virtue of markets emerges.

🚨 Hacks In 2026 (Till Now) 🗓️ April • KelpDAO : $290M • Drift Protocol : $285M • Hyperbridge : $2.5M 🗓️ March • ResolvLabs : $25M • Sillytuna : $24M • Kraken Whale : $18M • Venus : $2.18M 🗓️ February • IoTeX Bridge : $4.4M 🗓️ January • Trezor Victim : $284M • Step Finance : $30M • Truebit : $26.4M • SwapNet : $13.4M • SagaEVM : $7M • MakinaFi : $4.1M Total: ~$1.01B Let that sink in.

chaos labs is paid $2.4m/year as aave's risk manager and never once checked that rsETH was running a 1/1 DVN config on layerzero before approving it at 75% LTV. that single oversight enabled $236m in bad debt. they just lost the compound contract to gauntlet. 68% of aave governance is calling for their review or replacement. aave v4 launches april 30 with a new collateral framework that will likely make $4-6b in current bridged assets ineligible unless protocols prove 3/5 DVN minimum. that's a forced deleveraging event 11 days out. the risk managers had zero skin in the game, zero financial liability, zero incentive to dig deeper than a peckshield audit and a chainlink oracle check. bridge security wasn't even on the checklist. you need to go read the getAppConfig() on every bridged token you're lending against right now because clearly nobody else did

Thanks @domcooke for spending months on researching and writing this piece. Einstein once said, "If you can't explain it simply, you don't understand it well enough." By that measure, Dom has blown me away with how deeply he came to understand Hyperliquid and what we're all building together. When someone asks what "housing all of finance" means, I'm proud to point them to this piece. I hope readers appreciate just how much Dom and his team put into their work. It reflects the thoughtful craft that is in Hyperliquid's DNA. Special thanks to @patrick_oshag for taking a bet on Hyperliquid's story.

I'm about to save you hours of research. This list of active VCs is for all the founders out there: → @a16zcrypto → @paradigm → @dragonfly_xyz → @CoinbaseAssets → @yzilabs → @PanteraCapital → @coinfund → @bcap → @robotventures → @mhventures → @variantfund → @Delphi_Ventures → @MoonrockCapital → @HaunVentures → @Rockaway_X → @Lemniscap → @NFX (more below) You're welcome.

Let's explain HIP-4 in simple words ↓ Everyone's calling it "prediction markets on Hyperliquid." True, but that undersells it. HIP-4 = event futures. Binary markets that resolve to 0 or 1. "Will BTC hit $200K by December?" "Will the Fed cut in June?" Price before resolution = market's real-time probability. Trading at $0.70 means 70% chance. Polymarket and Kalshi do this. So why care? On every other platform, your capital is LOCKED until resolution. $50K on a Fed decision on Polymarket? Sits idle for weeks. On Hyperliquid, that $50K cross-margins with your perps, spot, everything. One risk engine sees all positions as a single book. Example: Fund buys protection against an Aave exploit - $300K for $10M notional coverage. On-chain CDS. On Polymarket, $300K is dead until resolution. On Hyperliquid, same $300K can long AAVE perps. Hedging the hedge with zero additional capital. "But Ethereum and Solana are composable too?" Composability ≠ unified risk. On general-purpose chains, every app runs its own risk engine. Kamino doesn't see Pacifica. Aave doesn't talk to Lighter. Hyperliquid's risk engine is native. Sees perps, spot, event contract, no back and forth between contracts. That's the moat. 14% of Polymarket's top traders are already on Hyperliquid. Same wallets. $1.43B in Polymarket volume, $189M in perp notional on HL. HIP-4 doesn't need to beat Polymarket on market count. Just needs markets that overlap with HL assets, Fed decisions, crypto thresholds, macro triggers. Where capital lock-up hurts most. The math: Direct PM fees? ~$6M/year. Under 1% of HL's $900M annual fees. But PM capital cross-margins into perps. $625M collateral → $3.1B incremental perp OI → ~$156B annual volume → ~$55M indirect fees. Second-order effects are 10x the direct revenue. Bigger picture: trading fees are going to zero everywhere. Before 1975, stock fees were 1%+. Now Robinhood is free. Survivors gave capital more to do: NYSE → data + co-location CME → clearing + risk analytics Robinhood → net interest on idle funds Hyperliquid → unified risk engine across all primitives HIP-4 isn't prediction markets bolted onto a perp DEX. It's another primitive making every dollar of collateral work across every instrument simultaneously. h/t @Decentralisedco for the deep dive

I am a Web3 Ambassador at World Liberty Financial. There are 12 of us on the team page. 4 are named Trump. 3 are named Witkoff. The page calls us "the passionate minds shaping the future of finance." 600,000 wallets bought our memecoin. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before the inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC. I did not choose the names. I designed the allocation, the vesting, the timing, and the distance between the product and the President. The distance is my best work. I am the reason these events are unrelated. World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC. That is the family entity. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14. The lawyers bound it in white leather. The binding cost more than the due diligence. Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated. Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin. These events are unrelated. Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first. These events are unrelated. Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections. These events are unrelated. Everything is unrelated. I track the unrelatedness on a dashboard I built. The dashboard has 7 columns now. I am proud of the dashboard. On May 22nd, 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat. He visited the Executive Office Building the day before. I designed the seating chart. I put it on the Investor Confidence page. That page is doing well. The team page lists 3 Witkoffs. All 3 are Co-Founders. Steven Witkoff is the President's Middle East envoy. He testified as a character witness at the President's fraud trial. His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded. The father runs the diplomacy. The sons run the platform. The family runs both. That is organizational efficiency. Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest "complete nonsense." Eric launched a Bitcoin mining company called American Bitcoin. America First. The mining partner is Hut 8. Hut 8 was founded in Canada. America First means the name. On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President's family holds billions in Bitcoin. The executive order appreciates the President's assets by presidential decree. I did not write the executive order. I made sure it looked unrelated to the portfolio. Trump Media put $2 billion of Bitcoin on its balance sheet. The ticker symbol is DJT. His initials. The press secretary said it is absurd to insinuate the President profits off the presidency. Forbes calculated his crypto holdings exceed the combined value of Mar-a-Lago and Trump Tower. I would call that absurd too. That is my job. 600,000 wallets bought in. 1 of them asked why she could not withdraw her funds. I told her the protocol was experiencing dynamic market conditions. She asked what that meant. I sent her the Gold Paper. She said she had read the Gold Paper. I muted her channel. Dynamic means the conditions change. The condition that changed was her access. A congressman called us the world's most corrupt crypto startup operation. We put it on a coffee mug. Ironic merchandise. $45. The revenue split on the mug is also 75/25. My own tokens vest on a different schedule. I wrote that schedule. That is not in the Gold Paper. The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the executive orders. The executive orders inflate the assets. The assets fund the family. I am the reason these events are unrelated.

The fuckin' strait was fuckin' open before he fuckin' started to bomb Iran.

I put together a dashboard to understand user and market level contributions to HyperCore trading fees! fees.6is.dev

Another week is here, and another main dashboard listing $ZCHF for users to be able to track stats. Thank you @tokenterminal. Noticing a trend here.

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