Sirtoshi ₿ 🐂

YOU DONT OWN ENOUGH BITCOIN

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

Whenever people assert that markets can't go higher I always remind them that the Nikkei had a yearly return of almost 100% in the 70s!

Risk Management 101 | Episode 8: The Shadow Book Most investors think they have one portfolio....They are wrong... They have two The second book is the one nobody talks about "The Shadow Book" I have experienced this one firsthand....And honestly, this is one of the most important risk lessons I have learned

The Credit Cycle Melt UP and Coming Crash 🧵 We have seen one of the greatest melt ups in US history since the 2022 lows, as we begin entering unknown territory of the highest valuations in human history The melt up isn't driven by europhoria or sentiment, it is driven by liquidity and credit that is directly linked to the AI retooling occurring in the financial market and underlying economy This thread is meant to be a complete breakdown of HOW to think about what is happening, and WHEN risks begin to build that will cause the next bear market 🧵

1y real rates have fallen and now sit only 30bps from turning negative. The last time real rates turned negative like this was during the credit cycle melt up of 2021 This is one of the most important datapoints to show people who want to keep denying that markets cant go higher. I assure you, markets can go higher.

All signs led to today. The bid resumes soon. Guessing Thursday. Tomorrow might squeeze some more out. VIX and VVIX up Monday on equity bid and AI exuberance was all you needed to help sidestep

The European mind can’t even comprehend this level of patriotism 🇺🇸 Welcome to global macro

How it feels to feed another $100b into AI capex

I love women so much I wish they weren’t evil

I am pleased to announce that I've been selected as Growth Lead at @tradeparagon! Paragon, led by Founder and CEO @tahathinks, brings new perpetual derivatives markets to @HyperliquidX via HIP-3. Paragon sees itself as "The S&P 2.0," building new assets to trade as narratives evolve. So far, Paragon has launched 3 crypto index perps: BTC.D, TOTAL2, and OTHERS. More perps markets are in development, most notably H100, a perp tracking the Nvidia H100 GPUs that power AI datacenters. It's an honor to build Paragon's growth strategy from the ground up, and I'm genuinely excited about the products we're shipping. I'm glad to keep working with teams building on Hyperliquid. It has created a more open and fair way to trade perps, and no other chain is growing this fast. If you're a trader, builder, market maker, BD rep, or just someone who loves Hyperliquid, my DMs are open. I am excited for what's ahead at Paragon, and for Hyperliquid as a whole.

2026 Trade[XYZ] Q1 Report Last week, HRC published the Hyperliquid 2026 Q1 Report. This week, we're following up with @tradexyz because the mission to reduce information asymmetry doesn't stop at Hyperliquid itself. HIP-3 formalized the open-infrastructure thesis at the market layer: external teams deploying perpetual markets on Hyperliquid's orderbook while earning 50% of the fees their markets generate. Trade[XYZ] was the first to deploy under this framework and remains by far the largest, accounting for approximately 85–90% of all HIP-3 volume. Billions in daily volume, genuine weekend price discovery, and two major macro stress events later, this is no longer just a successful product launch. "It points to a structural shift in how global markets could operate" At that scale, independent and rigorous reporting becomes a necessity. Some excerpts below, full PDF at the link. We hope you find it valuable. Hyperliquid. XYZ.

2017 crypto twitter used to get excited every time prices would go down bc ppl would be smashing buy spot knowing bitcoin would be higher a few weeks later 2026 crypto twitter only trades 10k market cap coins & starts screeching every time price goes down 2.5%

It's still incredibly profitable to mine Zcash, by the way.

i tried phoenix trade, it was about as mediocre as i thought it would be. it's still in beta, so maybe it improves it probably won't tho, solana has a very long history of building mediocre dex's and pretending like they're wonderful hyperliquid

ppl aren't mad at competition they're mad at intellectual dishonesty fees are always a race to zero but the product you are promoting is barely usable for any serious trader as someone who initially bought the thesis it is embarrassing to see leadership saying nasdaq at light speed then marketing this as the best product available

Macro is going to become important again. Brace yourselves for incredibly bad takes.

Honestly the best piece of advice I ever got in crypto is ‘survive’.

The best therapist I’ve seen is exercise.

So drift gets hacked for 300m and all they think about is shilling the next perp dex that will fail down your throat haha