Jordi Alexander

This week @thiccyth0t leads the Lads in discussion for Episode #46 — OUT NOW on @YouTube & @Spotify! In this ep we cover: 🥊 ETH vs Solana 🃏 The Poker/Crypto Overlap 🧗‍♂️ The Unlock Cliff 🍝 Pasta of the Week & More Full links below!👇

The era of vibecoding has gotten a lot of people tapping into some primal 'builder' mentality, they are finding a life force hidden in their evolutionary genetics. Listen to the latest @naval podcast for example on vibecoding. I even speak to some almost-retiree age coders, and they are fired up wanting to ship some new Fomrula1car quality stuff they dreamt of their whole careers and think they can now code up in 6 months. Their epigenome is waking up, their mitochondrial factories going into overdrive from a hibernating life force-- like a chinese factory boss yelling to its minions that NOW is the time to deliver full force and meet that deadline. Seeing how much of their productivity is being unlocked, they compare what is newly possible to the current state of the world - and they can clearly see titillating commercial opportunities. But as we learn from trading markets, you should always think where the puck is going. All the immediate things that are unlocked for you are also now being unlocked for everyone else. If its suddenly easy to make "x application" then by the time you build it, the commercial value will be short lived as the world will have made "x" a commodity already. Any lone wolf out there will be able to compete on the things that are becoming possible for a single person to produce. And there are a lot of smart wolves out there. The real alpha I believe will instead be in lean organizations with leaders able to take groups of ~5-10 wolves and create an aligned incentive structure for them where they prefer to collaborate together in a small pack than be alone. 1. People innately have special talents in different areas, so being able to combine into a team lets specialization occur which unlocks higher quality output. 2. Multithreading people allows for quicker iterating, and less chance of blind spots getting through. 3. Simply, compare how many driven/aligned team of 5-10 superstars there are and how much harder it is to get to that organizational level, than how many solo talented people are out there. Many dont have even the social skills to work with others, its a common side effect of their other superpowers. Bottom line- while the AI tools are unlocking a lot more possibilities for what a single person can produce, the real alpha is in creating a type of organization that can align several of them together. Another barbell we see- hard skills supercharged, and soft skills like understanding psychology and aligning incentives, are what will win. Booksmarts are dead.

Meet @needaubrey: a 19 year old who dropped out of Berkeley to move to Africa and launch a food delivery startup. He can't yet order a beer in the U.S., but he runs a 28 person company and was just named a Thiel fellow. My latest for @FortuneMagazine: fortune.com/2026/04/23/19-…

@MemeCore_M @Grayscale Officially recognized on @ZachXBT ! We’re just getting started. Please provide a single data point to support your $6B mkt cap at a top 20 token and why insiders hold >90% of supply.

This is the story of Hyperliquid, the most profitable startup per employee on earth, told from a guarded office in Singapore. Last year, its team of 11 generated $900 million in profit. It's 3 years old, has never taken a dollar of venture capital, and is beginning to change how century-old markets work. Its founder, Jeffrey Yan (@chameleon_jeff), had never taken a physics class when he picked up a textbook at 16. Two years later, he won gold at the International Physics Olympiad. In 2019, he started trading with $10,000 from a living room in Puerto Rico—working off a television because he didn't own a monitor. Within 3 years, he was running one of the largest anonymous crypto trading firms. Then he shut it down. Yan was rich and free, but he had spent years inside crypto, watching it betray itself. Bitcoin's central premise was decentralization. Yet the biggest exchanges were centralized. Crypto kept reintroducing the dependence on trust it was built to eliminate. He set out to create what should have existed. Hyperliquid is a blockchain with a trading exchange on top, and anyone can build on it. Yan's vision is to house all of finance. In 3 years, it has done over $4 trillion in volume. And in the past few months, it has begun to outgrow crypto. Markets for oil, silver, and the S&P 500 now trade on Hyperliquid around the clock, weekends included, and are growing roughly 40% week on week. When the US and Israel bombed Iran on a Saturday in February, Hyperliquid was the venue traders turned to. Hyperliquid's success has cost Yan his freedom. He works out of a secret office in Singapore and cannot travel without two bodyguards. Even the team's housekeeper doesn't know what they do. In January, @domcooke spent a week at their office. Read his profile on Yan and @HyperliquidX below.

$USDT went from zero presence on @HyperliquidX to 7.8% of all HIP-3 volume in under three months. On January 20, Dreamcash deployed CASH, the first USDT0-collateralized HIP-3 perpetual markets on Hyperliquid. In February, @tether made a strategic investment in Supreme Liquid Labs (Dreamcash’s parent company) and backed a $200K/week incentive program for CASH markets. Where things stand now according to Flowscan: ⁕ $USDC: $136.83B in volume (86.6%) ⁕ $USDT: $13.03B (7.8%) ⁕ $USDH: $6.15B (3.7%) ⁕ $USDe: $3.23B (1.9%) CASH is the only HIP-3 DEX using USDT as collateral. That entire 7.8% slice ( $13B+ in volume) runs through CASH markets. We’re proud to be contributing to that growth together with @Tether_to and @USDT0_to. And we’re just getting started.