TULIP☀️FARMER
18.3K posts
@poof_eth @Fiskantes of all the things that didnt happen,this is the less likely to happen
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Had a Jane Street interview in 2013 that still bothers me.
It was my 6th round. Final interview. The guy walks in carrying no laptop, no notebook, just a cold brew and what I later realized was a single IKEA tea candle.
He writes on the whiteboard:
food: $200
rent: $800
utilities: $150
candles: $3,600
family: dying
Then he turns around and says, “Optimize.”
I laughed because I thought it was a culture-fit bit. He did not laugh.
So I said, “Well, obviously you spend less on candles.”
He says, “Assume candles are non-discretionary.”
Okay.
I start building a model. Basic constraint satisfaction. Family survival as a soft penalty. Candles as a state variable. Maybe there’s an arbitrage where you buy wholesale paraffin and convert the $3,600 line item into inventory.
He stops me.
“You’re thinking like a consultant.”
That’s when I knew I was in trouble.
He says, “Give me a bid-ask on family dying.”
I say, “What?”
He says, “You’re long candles, short family. Where do you make markets?”
I try to recover. I say the real issue is liquidity: rent and utilities are fixed, food is elastic, candles are emotionally inelastic. Therefore the optimal strategy is to securitize future candle enjoyment and borrow against it.
He nods for the first time.
Then he asks, “What time do you sell the candles?”
I say, “Whenever the market is liquid?”
He says, “Be more specific.”
I say, “Uh… 10 a.m. Eastern?”
For the first time, he smiles.
He goes, “Every day?”
I say, “Every day.”
He says, “In size?”
I say, “In size.”
He says, “And what do we call that?”
I say, “Market manipulation?”
The room gets very quiet.
He looks disappointed and writes something down.
“No. We call it providing liquidity to candle ETFs during the U.S. cash open.”
I try to save it. “Right. Of course. The family isn’t dying because we underfunded them. They’re just experiencing temporary price discovery.”
He nods again.
Then he points back at the board.
I had missed it. The utility bill was $150, but candles provide light. You can zero out utilities.
I update the budget:
food: $200
rent: $800
utilities: $0
candles: $3,750
family: still dying, but now in a more capital-efficient way
He says, “How confident are you?”
I say, “0.95.”
He smiles and circles candles.
“0.95 huh?”
Then he asks me to estimate how many leveraged longs get liquidated if we dump $3,750 of candles at 10:00:01 every morning for 90 consecutive trading days.
Needless to say I did not get the offer.
Deedy@deedydas
Jane Street made ~$40B in 2025 with 3,500 employees, a ~2x from the year before. At ~65-70% profit margin, that's $8M profit / employee, the highest for a 1000+ ppl company. High-frequency trading continues to be the most efficient money making engine. I want to share an old story about my Jane Street interview in 2014. Jane Street was known for hiring a lot of math, physics and CS olympiad winners from top universities and putting them through many rounds - including, for trading roles, a gauntlet of mental math. It was my 6th interview and my final round and I recall being asked "What is the next day after today in DD/MM/YYYY where all the digits are unique?" They'd toy with you and say "You can use a pencil and paper, if you want" but you knew that was an instant no. Painstakingly and as quickly as I could, I came to an answer. "How confident are you that this is correct on a 0-1 probability scale?" the interviewer said. "0.95", I blurted out, not fully knowing how to answer that. "Are you sure?" After thinking harder for a few more seconds, I realized I could've flipped the digits around to get a closer date. I gave the interviewer my answer. It was correct. "0.95 huh?" he chuckled. That's when I knew I failed. Note: fwiw, other companies that come close in efficiency are - Tether ($90M+ profit/emp) - Hyperliquid ($80M+ profit/emp) and on revenue: - Valve ($50M/emp) - OnlyFans ($37M/emp) - Craigslist ($14M/emp) - Anthropic ($12M/emp, run rate) - OpenAI ($8M/emp, run rate) For comparison, Nvidia is very efficient at scale and is $4.4M/emp.
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DeFi United
@circle buying $AAVE tokens
Circle@circle
Circle Ventures is purchasing $AAVE tokens because strong DeFi infrastructure does not build itself. Aave is helping to shape the future of onchain finance, and we’re backing that ecosystem and the entire community built around it. DeFi United
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@SolanaFloor @DriftProtocol Anyone who uses this platform again is max retarded. Their ignorance, negligence and incompetence shouldn’t be rewarded, forgiven or forgotten
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@jussy_world coz they lack focus… JUP trying to be the everytin app nowadays
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A year ago Jupiter was top 3 perps
Now it’s number 16
The Perp DEX market changed a lot
All flow is going to Hyperliquid and a new few players
30 day volume:
- Hyperliquid $187B
- Aster, edgeX, Lighter, Grvt, Apex $30 - 60B each
How did Jupiter lose the perps game this fast?
jussy@jussy_world
Was planning to buy JLP But the more I look at it, the less convinced I am Too many competitors eating Jupiter's perps market share @PhoenixTrade, @bulktrade way better + Jupiter's fee structure isn't competitive anymore Most of the traders stopped using Jup perps after the airdrop didn't deliver so, they migrated to HL You can see that Jupiter perps TVL and volume both declining What you think?
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manlets that want to ditch USDC, check this out:
what if i told you there was a solana-native stablecoin that was designed to return value to the ecosystem?
that was built by a team that's been on Solana for years?
that pays 5.6% APY right now for vanilla lending on @jup_lend?
the ticker is $jupUSD
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@JakeTurx @AutisticClip bruh jews have defy god, kill prophets.. never in history jews winning will actual do good..
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A nice showing of haters and Goyim in the comments. Allow me to explain: Yishai is talking confident because he believes the Jewish G-d will win this for us. So instead of seething and scheming, just sit back and see how it plays out. Perhaps the Jews winning will actually do good for this messed up world.
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Israeli Minister Ben-Gvir’s English translator, Yishai Fleischer, says Nick Fuentes is right about everything he claims Israel is planning to do
“You’re saying all this as if it’s a bad thing. It’s not a bad thing. It’s God’s plan, it’s the historical plan, and Israel has every right to extend its defense to the Arab countries and across this region.
You’re right. From the Indian Sea to the Persian Gulf, to the Red Sea, the Gulf of Aqaba, the Suez Canal, and the Mediterranean, we’re going to have a lot of control over that, and it’s going to be good for the world.”
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NEWS: 🇺🇸U.S. Special Forces soldier Gannon Ken Van Dyke has been arrested and charged after allegedly using classified intel to place bets on @Polymarket tied to the capture of Nicolás Maduro, generating over $400K in profits.
Prosecutors say he wagered ahead of the operation he was involved in, raising one of the first major insider trading-style cases involving prediction markets.
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Premier League table according to Expected Points:
🥇 Arsenal - 69
🥈 Man City - 64
🥉 Chelsea - 56
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Come on we need more updates
Drift@DriftProtocol
Today, Drift is announcing a collaboration with @tether and other partners totaling up to nearly $150 million to support our commitment to a relaunch with USDT at the center, and a path to user recovery. These funds encompass a $100M revenue-linked credit facility, an ecosystem grant, and loans to market makers, designed to fund a dedicated user recovery pool. Learn more 👇
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You mean a game where none of Ødegaard, Eze, Saka, Calafiori or Timber started? That’s literally half of our team.
People can say what they want.
The past doesn’t matter now.
5 games to go. It’s a new mini-league and a sprint to the finish line.
And we’re getting healthy.
.@aliftbll2
Bournemouth were 13th when they rocked up to the Emirates and played you off the park btw
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All 5 of our remaining games are against teams in the bottom half.
4 of Man City’s remaining 5 games are against the top half.
This is a MASSIVE advantage considering that the title being decided by goal difference is a real possibility.
The trophy is in our hands.
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@Megatron_ron pls bro, atleast share the transaction id if u want to make such claim
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NEW:
🇮🇷🇮🇳 The Indian-flagged oil tanker ‘SANMAR HERALD’, which was fired upon by Iranian gunboats last Sunday, fell victim to a crypto scam
Reportedly, the ship was contacted by an Indian man claiming to represent the IRGC Navy. The captain then transfered a large amount of money in USDT, and was ‘granted a right of passage’.
When the vessel arrived in the Strait of Hormuz, it got fired upon by the actual IRGC Navy, who had not issued any permission for the ship to pass.
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