David Schamis
2.9K posts
@dschamis
Founding Partner & CIO - Atlas Merchant Capital; CEO - Hyperliquid Strategies Inc - @HypeStrat; Board of Trustees - Village of Sands Point
Outside of Crypto Twitter, hyperliquid:native remains largely undiscovered.
Hyperliquid quietly became the de facto category leader for commodity and equity perps and it did it by open-sourcing the builder layer. @HansonBirringer on the ethos behind it: let high-quality builders like @tradexyz deploy perps and list what traders actually want.
Well I've been posting about this for weeks. Some people agreed with me - others said the things I've been told for years: "you don't understand the IPO process"; or more recently: "the small float on @HyperliquidX doesn't mean anything". I'm pretty sure this chart speaks for itself! We've needed to change the way we price IPOs for many years; now we have a way to make that change. Great for VCs and founders - not so great for the buyside or the infamous #IPOdiscount. Hyperliquid @HypeStrat @tradexyz $PURR
Encouraging to see Trade[XYZ] perps demonstrating accurate price discovery for SK Hynix
HOLDING $PURR LONG I CONTINUE TO BE BULLISH Leadership at $PURR is facing a higher bar for performance as HYPE ETFs are normalized I will be doing a livestream this week on the updated risk-reward that I have @dschamis and @rediamondjr are both welcome to join the livestream
Hyperliquid charges $0.07 to trade a $100 event contract. The incumbents charge $1.56 to $3.50 for the exact same position. That's not a discount. That's a 20-50x gap. HIP-4 just made on-chain event markets cheaper than anywhere else. By a lot.
I AM BULLISH $PURR It is a HYPE treasury company I believe that volume for tradfi assets will outpace crypto volume on Hyperliquid I explained the entire thesis in the livestream yesterday (I will link below). If you were on the livestream yesterday, then you know
