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building @01Exchange. careful, there are imposters.
Katılım Haziran 2019
4K Takip Edilen26.1K Takipçiler

Today, Bloomberg reported on certain incumbent traditional exchanges raising concerns about the integrity and impact of markets for perpetual derivatives on Hyperliquid.
These concerns are unfounded.
Hyperliquid offers enhanced market transparency, publishing a complete onchain record of every transaction in real time, making it a uniquely hostile environment for insider trading or price manipulation. Hyperliquid’s transparency serves as a strong deterrent for misconduct and facilitates surveillance, detection, and investigation by regulators and law enforcement.
Hyperliquid also offers 24/7 trading, an innovation that substantially increases market efficiency. Prices move whether traditional exchanges are open or not. Continuous trading eliminates gaps and discontinuities between legacy market hours, improving price discovery for all participants.
Bloomberg correctly reports that U.S. law is not currently tailored for derivatives markets on public blockchains like Hyperliquid. We look forward to continuing our work with policymakers in Washington to bring onchain markets inside the regulatory perimeter.
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@barrett_io thanks for building out the vision that the team sold me on all the way back in 2023
can't be disappointed with the outcome knowing how hard you worked, the commitment you had, and building out the product despite all the setbacks
you'll always persevere in whatever you do
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Ranger Finance is winding down and I will be moving on. People who worked with us, built with us, and trusted us are not being made whole, and I want to be direct about what happened.
Ranger took on more than it could sustain. As cash ran low, the founders put in as much personal capital that could be beared to keep the lights on while we worked toward a raise on MetaDAO.
The raise was delayed, bills accumulated, and some of the team stayed on knowing they wouldn't be paid until capital came in. When the raise closed, we had two months of runway before the funds were returned. We used that window to pay people and vendors as equitably as we could, but it wasn't enough to cover everything.
The liquidation of treasury was unanticipated and deeply impacted the budgeting decisions made for employees, vendors and growth.
Then the Drift exploit hit hard, and it took out remaining momentum and personal capital to keep things moving.
In hindsight, Ranger should have shut the doors earlier. When you're inside it and you can see a path, it's hard to make that call, that's not a defense, just personal honesty about wanting to make things work as a cofounder. The outcome is that people went unpaid.
Vault users affected by the Drift exploit will receive Drift recovery tokens when the Drift team disperses them.
To everyone who worked on Ranger and let us delay payment: I'm sorry. This isn't the ending any of us wanted.
@ranger_finance will tweet more on the wind down process
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HOLY FUCKING SHIT OMG CLAUDE JUST CRACKED THIS SHIT, THANK YOU @AnthropicAI THANK YOU @DarioAmodei NAMING MY KID AFTER YOU 😍
blockchain.com/explorer/addre…

🍜@cprkrn
My wallet with my locked btc from 9 years ago lol 😭😭😭 blockchair.com/bitcoin/addres…
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proud to introduce @papertrade_xyz - a fair-launched, fully-onchain perpetuals exchange built on hyperliquid by @izebel_eth & @blurr
-1000x leverage
-0 slippage
-No funding costs
-Self-bootstrapping LP
coming soon. learn more at: docs.papertrade.xyz

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@ceterispar1bus @perps but do they own the underlying domain ? like perps.net :)
some onramp, but only 1 onrampxyz
@0xkrauser
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@blknoiz06 5% candle is only +$4k
+$20k daily move to $100k doesnt seem absurd as a concept
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A general market overview and how I plan to trade over the next six months
$BTC + $ETH + $SOL + all alts
All that’s happened over the last couple of years is a massive withdrawal of liquidity from the market. Just look at Solana, for starters. Basically, they pumped that crap up to, roughly speaking, the point of no return. And all this time, there were shittcoins being sold to all sorts of nobodies who entered the market hoping to make some untold riches here.
Well, in the end, we all know that these Solana memes crashed to zero.
In other words, someone has been draining liquidity from the market all this time.
(Below this post, I’ll repost ALL the links to my posts with my final analysis, otherwise, it’s impossible to read. I’ll get to English level C1 within the next year and start making YouTube videos, because it’s hard to convey so much information in a text-based post.)

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