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@AorakiTrading @lookonchain @machibigbrother Too many

@lookonchain @machibigbrother Not sure what sins this man has committed but when the universe is moving against you this much its time to repent and seek God.

The market briefly crashed just now — $ETH dropped below $1,940 and $BTC fell below $65,000, liquidating Machi(@machibigbrother). After liquidating Machi, the market quickly rebounded. app.hyperliquid.xyz/tradeHistory/0…

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.

@ryskfinance that’s the alpha, that’s it lock in gang.

🔥 BREAKING: Bitcoin has now crossed 20,000,000 $BTC mined. The final 1M $BTC will take another 114 years to mine.

@lunatik_corp The most useless larp dashboard

$1,500 → $33,000 on 5min BTC markets in 2 days This is the new reality. It stops being gambling the moment you define an exact algorithm. Here are the recommendations on how to create the same trading bot: → Write your code in Rust – it offers C++ level speed, and there’s an official polymarket-client-sdk available. → Minimize Latency – your trading bot must be deployed in the same data center as Polymarket: AWS eu-west-2 (London). This ensures the lowest possible execution lag. → Price Discovery – Polymarket pulls prices from Chainlink, but Chainlink doesn’t "create" the price; it simply aggregates and broadcasts it. Use Binance – as the largest spot exchange, it is the primary source of price discovery. → Apply the Black-Scholes Model for binary options – this is exactly what will help you identify +EV opportunities by calculating all necessary Greeks and variables. → Don’t turn it into a casino – use the Kelly Criterion. It acts as your risk manager, calculating the optimal % of your bankroll for every single position. If you want to earn like trading bot devs – you need to think like them.

Ethereum validator entry queue just flipped exit queue. Big reasons for massive dislocation: - DeFi deleveraging when Aave borrow rates increased and stETH loopooors were forced to unwind (Justin Sun seem to have started it) - Kiln API exploit prevention lead to unstaking (and now staking) - After Pectra improved staking UX and raised max validator limits, making restaking easier for large balances Possible positioning for ETH staking ETFs?

Compared to previous cycles this has been the weirdest one yet. Feels like consistent structured sell pressure vs sudden crashes were used to. I think the 4 year cycle narrative is over and moving towards institutional bid instead like Tradfi.

@fahdananta Feature prioritization and managing bloat

Over the holidays I want to write a short handbook on product management and the role of PMs today What are some topics or questions you would want covered

@jn_jackk Fundraise

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@joehas @eurofounder @Lovable @cursor_ai Now compare revenue between the 2

@eurofounder The EU company @Lovable has more 2.3 million users. The Silicon Valley company @cursor_ai has "over 1 million users”

A founder of a SF-based startup asked why are we not using AI to code, or an app called Cursor (??) He said it writes code 10x faster than humans an everyone uses it in Silicon Valley I asked him: “but who reviews the code for compliance?” He looked confused and said “dude what we just ship it to prod” I started sweating from anger but calmed myself and explained that in Europe, we have a Software Quality Assurance Board that reviews every line of code before deployment He said that must “kill momentum” I said momentum without oversight kills startups, and promptly called California authorities to report unreviewed code deployment at the startup They asked me to stop calling them every day with “stupid shit” Silicon Valley is completely doomed

Damn no one learned their lesson with $Luna and xUSD if the yield seems to good to be true it probably is. Like for the average user if all you’re doing is putting inactive money to work just take the 2-5% yield on USDC or USDT.

First red October in 7 years $BTC

So who listened to me, all you had to do was buy $Sana 6.6 mil now.

@pain4playin @geekcord Locking in

Study @ryskfinance next unicorn HL native gave you Pendle at 30mil watch rysk pull off the same. Novel tech based team real builders. They have a points program fyi.

see you on october 28th 🎁

I knew Ping was an obvious fade this week because what happened on Binance was going to have repercussions in the following days to weeks. If you had paid attention, Wintermute was openly stating that Binance fucked them with aggressive ADL at prices that didn’t make sense & WM couldn’t have been the only MM that was screwed over. Market makers hold spot long & go short perps so no matter what way a coin moves they do not lose or make money. Instead they make money by routing trades, arbitraging across CEXs, & taking a small cut every time you buy or sell, similar to MEV. If an exchange starts aggressively closing short positions at much higher prices, like what WM claimed, while prices rapidly nuke & they can’t re-short fast enough than they are sitting on huge losses. They then have a tough decision to make…sit on the loss & hope prices go back up or dump your bags ASAP, stop providing liquidity, & gtfo until people figure out what the hell is happening. No matter what decision the MM makes, it’s going to result in thin ass books. WM said in the interview they did that they were still waiting to find out if they’d be compensated for the losses they took. Likely means other MM’s are waiting too because a client as big as WM would be your priority as a business. And Binance, like any business would have to sort through how much they’d be willing to compensate MM’s, ensure claims are legit, & route things through legal. It’s gonna take a while to sort out the mess, WM isn’t the only MM that operates on Binance. There are a lot of them. People who thought last week wasn’t a big deal, you’re wrong. It was a huge deal. Some assets went to literal zero. We don’t know how much MM’s lost. MM’s taking on big losses means thinner books & thinner books in a market that already struggles with liquidity while the President of the United States is in a trade war with China is not a recipe for Wonderful Wednesdays. And to that fact that the crypto participants who are left are down and & poor now. Many got liquidated in the chaos. There are less buyers now than there were. The wealth effect is now gone. Crypto natives have been reduced to Haitians. I agree with WM that what happened impacts shitcoins far worse than it does BTC & majors. Binance has lost a ton of trust and deserves your scorn. I don’t know if it was on purpose or just a big mistake, but the point remains they cannot be trusted. Sorry Ping. At least you put your nuts on the table.

@pudgypenguins Pengu Morning

Everyone who says Pengu Morning today will be going on a very special list.

$DOOD (@doodles) is up 117% today after its listing was announced on @Official_Upbit.

🚨 NEW: DefiLlama to delist Aster perpetual volume data over integrity concerns, citing Aster's trading volumes almost perfectly correlated with Binance.