Owen

We’re thrilled to share that DCTRL is featured today in the @globeandmail, in print and online! Grateful for the coverage from @apgalbraith as we prepare for our move to a new space. Read the full article below 👇 theglobeandmail.com/business/artic…

@hyperliquidbull @HyperliquidX Check dm/tg Most likely an issue with the endpoint you’re using

@bad_auth @HyperliquidX super cool! for some reason, hip3 markets are stuck on this loading screen for me

Ever wondered where your order actually sits in the @HyperliquidX queue? I built a live L4 orderbook visualizer this weekend so you can see: • Your exact queue position • Other MM quotes updating in real time • Individual order details bad-auth.github.io/l4book_visuali…

Still working on adding un-triggered trigger orders and spot asset support. repo: github.com/bad-auth/l4boo… Anything else I should add?

HL doesn’t expose an L4 endpoint, so you’ll need to run your own: github.com/hyperliquid-de… or use @DwellirOfficial (free trial available)

@tittyrespecter Hey 👋

i’d let rick fuck me for some owens

@svbmrgd @QubesOS How’s the UX recently? Ran it for a bit but got tired of poor performance and things breaking. Thinking to test it out again though

.@QubesOS is so great. I'm surprised this hasn't been mentioned or talked about in the context of crypto security. Everyone talks about airgapped devices, this is superior

@tittyrespecter @inversebrah Is that black tusk? What’s the route in the 4th photo? Incredible view!

four more shitty photos im proud of from 2025

@loraclexyz @grok what do I do with this info

This paper is simply wrong about its central topic: how Hyperliquid’s ADL works. Tarun is describing a different (much crazier) algorithm, which also might explain how he calculated that traders somehow paid $653m to cover a $23m deficit. 🧵

@0xTangle @IOHKMedia @IOHK_Charles

When does @IOHKMedia or @IOHK_Charles pay out the bug bounty to this guy?

@krinza Checks out

can I say something

@_tradernico @deedydas You’re so right, because as everyone always says the nasdaq would be nothing without Citadel, Jane Street, etc.. Wait, how many employees would that be then? 🤡

@deedydas Impressive margins, but 11 employees doesn't count the HFT infrastructure they're built on. Without their ultra-low latency provider relationships, this doesn't exist.

The most efficient business in the world makes ~$1.1B/yr net income with just 11 employees. Their founder, Jeff Yan, is a ~30yo ex-HRT International Physics Olympiad (IPhO) gold & silver from Harvard. It is a decentralized crypto derivatives exchange called Hyperliquid.

Yeah that's fair, if the spreads are that wide from data providers that makes more sense. I gotta dig more into the Notice docs. It still feels a bit aggressive to have funding rates that low though. I like the 50% 8h EMA baked into the oracle price and with a standard funding rate it would still allow natural price discovery just over a longer time period without as much turbulence. We'll see how it goes as the markets mature though, happy we get to play around with them either way.

there aren't "source of truth" prices for private cos in the secondary markets – spreads are regularly 10-30% wide, and data providers will quote different prices so the funding rate needs to be flexible enough to allow for some range of deviation, while still imposing some economic cost if the price gets too out of whack e.g. 1/500th of standard funding rates equates to 20-25% annualized funding if there's a 10% mark-to-oracle deviation

@ventuals Genuine question: What's the point in an oracle price if the funding is 1/500th of the standard funding rates? What are we trading here?

SPACEX hasn't even touched the current oracle price since launch and there's barely any incentive for traders to move it. Are we just trading meme-coins with the names of private companies?

@VitalikButerin transitioning into a balenciaga model might save ethereum

@hyperliquid_ca knows how to throw an event

"He's not broke, he's just temporarily illiquid while waiting for his partial refund from MegaETH"