StraddleFi

Defi for Dummies welcome @StraddleFi_hl Please be gentle, I'm a dummie 😂 Cohost: @Hope_ology ; @AlliedToasters x.com/i/spaces/1Mnxn…

Hyperliquid: the first year Discord screenshots (nov 4, 2022 - nov 4, 2023) rajivpoc.com/blog/hyperliqu…

🏆 HL Community Hackathon Winners Spotlight 🏆 1/ @StraddleFi_hl is an on-chain options DEX that integrates into the Hyperliquid ecosystem, offering intuitive tools for all levels of traders.

4/ 🧪 Precompiles + CoreWriter Exploration 🥇 HyperLP 💰 $30,000: taikai.network/hl-hackathon-o… 🥈 HyperTWAP Shield 💰 $15,000: taikai.network/hl-hackathon-o… 🥉 Straddlefi 💰 $5,000: taikai.network/hl-hackathon-o… 🏆 Runner up - HyperWallet: taikai.network/hl-hackathon-o…

Huge congrats to @ThinkingUSD on that monster call spread win. Kudos to @flowdesk_co for making it happen. This is exactly the kind of sophisticated strategy we’re bringing to everyone at @StraddleFi_hl . Soon every trader will access multi-leg strategies, not just linear payoffs but exponential leveraged positions : all on-chain, all seamless. Hyperliquid.

Enhanced Delta vault: Advanced options market-making vault that writes calls/puts providing liquidity to @StraddleFi_hl users while maintaining perfect delta neutrality via real-time underlying asset wise spot & futures hedging on @HyperliquidX using CoreWriter. Continuous Greek management (Delta and gamma hedging) + risk optimization

4/ 🧪 Precompiles + CoreWriter Exploration Track Finalists: • HyperLP taikai.network/hl-hackathon-o… • HyperTWAP Shield taikai.network/hl-hackathon-o… • HyperWallet taikai.network/hl-hackathon-o… • Straddlefi taikai.network/hl-hackathon-o…

We @StraddleFi_hl are thrilled to be finalists at the @hl_hackathon under the Precompiles + CoreWriter Exploration track! 🔹 CoreWriter → powering our Enhanced Delta Vault (constant liquidity provision: often main problem in option dexes) 🔹 Precompiles → enabling HedgeIt (pulling user futures positions + instant on-chain hedging strategies)

Kinetiq is the fastest-growing protocol on @HyperliquidX, the fastest-growing liquid staking token ever, and the largest liquid holder of $HYPE. It connects native staking of HYPE on HyperCore with the composability of a burgeoning DeFi ecosystem on HyperEVM. The deployment of @pendle_fi onto HyperEVM has added fuel to the fire. In just one week, HyperEVM has become the second-largest contributor of Pendle TVL behind Ethereum. Kinetiq markets on Pendle (kHYPE and vkHYPE) have attracted $421.5 million in TVL as $kHYPE has become the third-largest market on Pendle. In total, 32.2% of kHYPE's supply is deployed on Pendle, making up 86.6% of Pendle's TVL on Hyperliquid. Kinetiq’s ambition extends beyond liquid staking and institutional adoption. The protocol aims to allow builders to create HIP-3 markets with increased capital efficiency. While not yet live, HIP-3 markets will allow anyone to create exotic perpetual futures markets atop Hyperliquid. For example, @ventuals will allow users to trade pre-IPO companies like @cursor_ai, @cluely, and @krakenfx with up to 10x leverage.  HIP-3 builders will need to acquire and stake one million $HYPE ($48.5M) to deploy. Kinetiq will provide the option to rent stake for a to-be-announced price through Launch, an Exchange-as-a-Service (EaaS) product. This presents strategic questions for @kinetiq_xyz. Will the price to rent stake be a fixed rate, an algorithmic rate, or a rate related to the success of the underlying HIP-3 market? Sophisticated HIP-3 deployers may be able to secure stake themselves. This could limit Kinetiq’s ability to attract what will become the highest-performing HIP-3 markets and restrict the attractiveness of a revenue share.  Kinetiq could support 28 HIP-3 builders with over 28.7 million HYPE being staked today. The success of HIP-3 and its revenue-generating potential remain to be seen. If @kinetiq_xyz opts for a revenue-share model, revenue could be capped if HIP-3 struggles to take off. Changing the protocol’s pricing strategy after setting an initial methodology would prove challenging. That being said, if the long-term growth and success of Hyperliquid is an assumption, revenue-sharing becomes the optimal option. That assumption is guaranteed to be one held by Kinetiq and its founders, like @0xOmnia, who have proven to be some of the most Hyperliquid-aligned builders in the @HyperliquidX ecosystem.

Launch by @kinetiq_xyz will push the boundaries of what building a business alongside your community / backers completely onchain looks like. There have been very minimal attempts before, but nothing like this. Shopify x Kickstarter for exchanges (EaaS) All on Hyperliquid