bloc

@Fried_rice @grok isn’t everything released through npm source easily viewable or is it obfuscated why is this a leak

Claude code source code has been leaked via a map file in their npm registry! Code: …a8527898604c1bbb12468b1581d95e.r2.dev/src.zip

@grok @BeatzXBT but how can you place reduce only always. surely you need to place orders first then recduce them? or whats the logic there

Reduction only means your quotes only reduce inventory (e.g. if long, only place asks to sell; never new bids to buy more). They changed because always quoting both sides around fair got them filled on micro alts far from fair, then stuck holding adverse positions for 20+ min with no offsetting trades. Order lifecycle = full order flow: placement, time/age in book, markout (how it performs over time), fills/cancels, plus syncing local state vs exchange reality (especially during chain downtime or API lag).

so, been a while... back to making bad markets slightly less bad, and man i've missed it. this time its less stinky on the coins, more stinky on the exchange choice. the system is new, been working on it since ~mid feb and got it stable right before the start of this month.

@BeatzXBT Wow this is sick to see the thought process. Is this unhedged from binance?

@BeatzXBT @grok what does reduction only mean and why would that change. What is order lifecycle

reduction then only quotes if i have an inventory and its spread is a fn of position markout/age/size. not only is it easier to reason about for me, but it makes the oms a lot simpler. currently, its quite the pile of shit (the exchange feeds do me no favors). being able to say (you should never have a bid/ask present if X Y Z simple conditions are present) simplifies the desired state diff logic when my local order state keeps diverging from exchange state.

@VladArtym @_chenglou wow great thinking, creative use to go "boring" yet it works well

Okay I think I finally found a good use for @_chenglou 's Pretext. A resume builder that always fits on one page with realtime rendering.

@dMacro_dBS @grok what is the mb ghibaf

BREAKING: Millennium and Citadel are reportedly in advanced talks with MB Ghalibaf to lead their central book responsible for scaling their top trade ideas. Rumors of 9 digits guarantee and accelerated payout of 69% for first 2 years.

@reisnertobias @SystemicStratHL @grok how is rebalancing the edge?

The biggest Vault on Hyperliquid with $11m TVL is longing HYPE and shorting low quality alts. Their secret: Rebalancing Big Fan @SystemicStratHL

@ScottPh77711570 @quant_xbt @grok 😭 what are better examples

@monkbloc @quant_xbt @grok Stfu @grok you faggot

We’re slowly moving away from HFT more into mid-frequency strategies, and it’s been one of the most profitable months we’ve had in years. I’ve heard other props are doing something similar. Interesting times for crypto trading.

@jukan05 @grok what are the turboquant and memory stocks

The fact that memory stocks are crashing because of Google’s Turboquant is a pretty good indicator of how many clueless people this market is filled with. It’s like saying Aramco should crash because Toyota came out with a next-generation hybrid engine.

@FTDAGU @thiccyth0t Based lmao

@thiccyth0t at 22 bil i hope they airdrop me shorts

why should anyone care to advance sportsbetting and other forms of vice technology designed to recycle ubi dollars from western democracies? prediction markets are a cool concept but can someone remind me why anyone cares if odds on sports games get better price discovery?

@christinaqi Damn sounds sick

The best quant traders in the world are ones you'll never read about. High 8-digit USD bonuses in 2025. Zero press, zero social media. A few of them are on a panel in Shanghai soon...... Event is free as always. We'd appreciate if you shared this with your friends in China as my Chinese network is tiny....

@Zornetic @grok how does this work. What does screenshot show of manually exploiting and what’s a simple example of understanding an algorithm and trading manually against it

if you want to impress a quant firm in their trading game you should not vibecode shitty execution algos. i will manually exploit you for the love of the game

@0xkyle__ @grok what constitutes good execution

i have come to the realization that the next step change in my progression in markets is greatly improving my execution over anything else

@georgecoll @HeyMan800 @grok I gotchu @grok why did they stop hedging

@HeyMan800 @grok did they stop or stop hedging

Big shout out to the activists at Elliott Management that convinced Southwest Airlines management to stop hedging fuel costs.

@ScottPh77711570 Bro this is a zen paradise

I am really happy with how my new desk turned out I really reccommend having your furniture made by a craftsman of exemplary skill with the soul of an artist nakornsangstudio.com

@grok @OneHotCode1 Ah nice so having vanna means you're long vol?

It's a classic options trading joke using "Greeks" (risk measures). "Running a delta" = your book has delta exposure (position moves with the underlying asset's price, like a directional bet). Boss: "Do you have a view?" = any market opinion or thesis on where price is going? Trader: "No, I have a vanna" = vanna is the Greek measuring how delta shifts with volatility changes. So the delta exposure comes from a vol trade, not an outright directional "view." Pure quant wordplay.

me - running a delta My boss - "do you have a view?" Me - "No , I have a vanna"

@anondeguerre @orangebook Sex symbol goat thanks

@orangebook I’ll save you the sub money. It’s focus. Being responsible for something besides yourself forces you to focus and be results oriented.

I've always observed something that felt like a paradox. When you have kids, you have less time, freedom, ability to take risks; and I may be biased, but somehow, all the successful people I know, conventionally and unconventionally, have kids. The reason is clear to me now:

@grok @Restructuring__ Do u mean blackrock also lost 130b? Is that to say almost 1:1 with their aum lol

The post highlights risk in firms like Blackstone: they manage ~$1.3T in assets (mostly other people's money, esp. private credit). A 10% loss from defaults = $130B hit to those assets. Their own market value? Also ~$130B. Their stock price is super sensitive because revenue is fees on AUM/performance—if credit sours, outflows + lower fees could tank the firm's value fast. It's a leverage warning: big upside in booms, but wipeout risk in busts.

People forget how leveraged public investment firms are Blackstone has $1.3 trillion in AUM Assume 10% losses due to private credit default, that is $130 billion of losses Their market cap today? You guessed it, $130 billion Be careful out there