
Garrett
11.2K posts

Garrett
@garrettonchain
Garrett Ventures. Patience.








Doubling down building in the Hyperliquid / HyperEVM Hype is down, Hyperliquid is currently down, yet the vision remains the same Hyperliquid will be the house of all finance Its easy to get mixed up in the endless echo chamber that is CT, and the constant misinformation & fud that rules over our industry but sometimes take a step back and look at the facts Hyperliquid started as a PERP DEX which of itself is nothing that innovative, however they have built more and more to what it is today: - The largest wealth opportunity of all of 2024 (airdrop) - HIP-3 the first onchain stocks / equities and more, (Perpify everything) - Permissionless auctions & deployments - HyperEVM with over 2B in TVL - take a look at the new chains and compare ecosystems e.g. Monad, bera, etc and none of them can even compete with an alpha stage product. - the first to be able to directly work a perpdex <> EVM system - builder codes to allow anyone to deploy hyperliquid perps inhouse Hype is still the only self raised, self managed platform that has managed to get this far in the recent years, with only 11 people they have a revenue generating business of over 1Billion annually (that is used to buyback the token) Hyperliquid is the closest that we are getting to true decentralization which is what crypto was made for, somewhere along the way crypto became an extraction paradise, with people like CZ/Binance in charge that took the lead and made crypto a place for "legal" crime. 90% of VC's will "invest" into projects just to pump and dump the token with no actual use cases or actual substance towards the projects. We saw this in 2023/2024 with the constant node sales that don't actually do anything proper. We see different narratives that CEX's would use to list tokens for OTC dumping purposes. Crypto has been in a stagnant phase for the last few years with no proper developments as a result of the scammy shit that has been ruining the market Hyperliquid is a breath of fresh air for all of us who are tired of all the bullshit, tired of all the CEX & VC scams. On 10/10 we saw that binance as a fact hid up the majority of their liquidations only reporting 3-4bil iirc and hyperliquid reporting 10bil+. this is due to hyperliquid being a transparent decentralized platform, which we are in desperate need for if we ever want this industry to succeed long-term. Crypto was made to be decentralized, and hyperliquid is the only thing in recent times that have been pushing for proper decentralization, the more the decentralized game grows, the healthier it is for all of our bags and crypto as a whole to separate from the parasites that are CEX's like binance. (Note i don't think ALL CEX's and VC's are bad but the majority definitely are in it for max extraction) Hence now for us as a team at @Hybrafinance building on hyperevm this is the time to double down on building on hyperliquid We are currently working to implement more features, polish the dex, building out new products and implementing new partnerships on Hybra, things that will be beneficial for the hyperliquid ecosystem, usage of hype across more markets and working with partners to explore these avenue's. More is coming to Hybra, now is the best time to build while no one is looking, hyperliquid & the eco is inevitable If anyone is being wavered by the short term PA on HYPE prices then they never understood the vision of hyperliquid in the first place this is a once in a lifetime opportunity to build on the future of all finance, don't be short sighted. Shoutout to all the amazing builders who understand the vision Kinetiq, Hyperbeat, Felix, Hypurrfi, Hyperlend, Hypersurface, Rysk, Thbill, Otomato, Liquidlaunch, Harmonix, GlueX, Delpho, Vegas, Ventuals, Looping collective, Liminal, Valantis, Sekaifi, Hyperbloom, Unit, Qlabs, HyperCroc, Dothype, Valantis, KOP's, Native markets, PRJX, LIFI, HyperZap, Trove, and many other who are building the future of finance on Hyperliquid. There is no better place to build on Hyperliquid.

I’m very excited to share that I will be leading the charge at @predictdotfun and coming home to build on @BNBChain. With the backing of @YZiLabs, we’re setting out to make BNB Chain the home of the world’s leading prediction market. Earlier this week, I shared our vision for Predict at the YZi Labs Demo Day: utilizing DeFi to unlock scalable capital efficiency and deep, permissionless liquidity on prediction markets. There has been a serious lack of creativity on prediction markets so far. Yield? Lending? Leverage? All of these are achievable using available onchain protocols, and this is just scratching the surface of what’s possible. It feels great to be back on home turf, returning to my roots and taking on this new exciting challenge. Predict is launching very soon. Stay tuned. Being early will be rewarded.

BIG NEWS: @Revolut, Europe's #1 neobank with 65 million+ users and 15 million crypto accounts, now supports Solana payments, transfers, and staking 🔥


Hyperliquid has seen: > a sharp decline in OI since 10/10, with no recovery > a sharp decline in daily fees, including days below $1M in fees like today > competitors emerging with deep liquidity and lower fees taking away market share from HL (Lighter, Extended, Variational, Aster) > 609,100 $HYPE sold via OTC by 10 team member wallets (offloaded to flowdesk) > team members with different unlock schedules and limited transparency around them > constant TWAP-selling pressure over the past few weeks > the MON ticker given to Monad, despite another team having purchased it > HyperEVM TGEs being jeeted to zero instantly > people waiting for DATs to provide exit liquidity, which is rarely happening > no transparency about the 43% remaining community allocation Hyperliquid


Spot Ethena deposits, withdrawals, and trading are now officially live on Hyperliquid. Deposit ENA on app.hyperunit.xyz Trade spot ENA at app.hyperliquid.xyz/trade/ENA/USDC


Unpopular opinion: After Hyperliquid and Lighter, there will be 1 or 2 more decent PerpDex airdrops; nobody will care about the rest.


Unlocking omnichain liquidity for tokenized U.S. equities. Dinari is partnering with @LayerZero_Core to bring dShares to their ecosystem of 150+ connected blockchains. 200+ real tokenized stocks can now move natively across chains via LayerZero.





