Phil

@chameleon_jeff @HyperliquidPC This is going to be the most difficult hurdle yet. Could Hype’s HIP-3/4 become the MS Windows 95 of finance? The use of perps in tradfi hasn’t even really been explored yet. If HL & perps can become more efficient and regulated in US, then we’ve only seen the tip of the iceberg.

I spent the past few days in Washington with @hyperliquidpc meeting with policymakers during the historic advancement of the Clarity Act. We discussed Hyperliquid, the benefits that it offers to American consumers, and the regulatory path to bring onchain derivatives markets into the United States. Some conversations were technical with an impressive baseline understanding of Hyperliquid. Discussions included how onchain trading is a financial innovation that has clear global user demand. Other conversations focused more on a first principles introduction to defi and the promise of onchain markets. It was encouraging to see bipartisan support for thoughtful regulation of crypto. I look forward to continuing discussions in DC and working hard to make American access to Hyperliquid a reality.

@duonine I think they find a way to keep it semi defi as you can not get to bank transferable fiat in the US without KYC platform. Partnering with Coinbase could force US users to use Coinbase as exit rails to fiat/bank. But I did also look up ice/hype m-cap the other day. Spot on w/that.

OK, here's a hit piece on Hyperliquid and HYPE: - the ETF listings smell like a top - the Coinbase/Circle/USDC love story reads like a top - the constant "hyperliquid" spam reads like a cult - CME and NYSE call for regulation of HL due to market manipulation & sanctions evasion I've been in crypto long enough to know cults are one of the key red flags. The Coinbase partnership seems bullish at first, but screams red flag again (trojan horse). Hyperliquid partnering with Coinbase is like Satoshi working with the Federal Reserve to launch a token. In light of the CME and NYSE push against Hyperliquid gain in market share, it makes sense Jeff and co went to partner with Coinbase and Circle. Hyperliquid needs "protection" from the big US incumbents that dominate TradFi markets. HIP-3 launch (TradFi markets) and high volumes there may have turned them into a massive target. CME = world's leading derivatives marketplace NYSE = world's largest stock exchange Hyperliquid is not playing by the rules and drives flow away from TradFi incumbents. Did you think they'd just wait and do nothing? They will do everything to stop Hyperliquid. Which bring me back to Coinbase and friends. The USDC adoption as "native" made the USDH vote and push a disingenuous exercise. Hyperliquid seems ready to turn 180 degrees overnight, if need be, even if it goes against their ethos. A massive regulation push against them could be that trigger in the future. That's pretty bearish in my book and it's only a matter of time until you'll need to KYC on Hyperliquid at this rate. The fundamentals of HYPE seem solid at first, but I think the team has hit a ceiling in terms of growth that requires to either: 1. Comply with the big boys and enter a new league. This means letting go of the past, getting regulated, and everything that comes with that. The Coinbase / USDC deal is the first step. 2. Continue to grow without playing by the rules until the US hits the ban hammer on them and everything goes to zero. Remember, CZ from Binance went to prison for similar things. Don't think Jeff wants that. Hyperliquid did a lot right, but this is now quite a crowded trade and risks are only increasing. Mostly a consequence of their success. If you're a HYPE bag holders, I recommend exiting the cult mentality and follow contrarian views as well @duonine Don't get me wrong, I can see HYPE go to $100 later on. But a 2x is not much in crypto and the best of Hyperliquid may be behind us after this news. A lot of people also forget that the FDV of HYPE is $42 billion today. It would be $100 billion at $100/token. The owner of the NYSE, Intercontinental Exchange, has a market valuation of $88 billion (ticker is ICE) and they also do billions in stock buy backs per year. Now tell me, who's overvalued here? A TradFi exchange moving trillions or some crypto exchange without regulatory oversight. I just don't see the alpha at $50 per HYPE. Time will tell. Until then, like, share, and follow @duonine

@thenuarebirth @Sakrexer I don’t even think that would do it.

@Sakrexer Only way that’s a realistic target is if blackrock gives HYPE a spot etf

People who swing their bag too often to try to rebuy lower will eventually become sidelined towards the pristine future we are heading to Hold hyperliquid:native spot and go afk for a few years

@Ripple @bgarlinghouse Same thing every other L1 can do, or what will most likely happen is banks just spin up their own L1 and do it themselves. Or I would rather bet on Circle’s ARC having more adoption than XRP. ARC transactions settle in the stablecoin being sent not some volatile s-coin.

What makes $XRP unique? @bgarlinghouse answers in under a minute.⏱️ 4 billion transactions. 3–5 second settlements. Less than a penny each. A community that never stopped believing. A special edition of C̶r̶y̶p̶t̶o̶ ̶I̶n̶ ̶O̶n̶e̶ ̶M̶i̶n̶u̶t̶e̶ $XRP In One Minute starts now.

@coinbase @HyperliquidX @TheGDC33

Today we’re expanding our support for @HyperliquidX by becoming the platform’s official treasury deployer of USDC. Onchain markets operate 24/7 and require collateral that is always available, instantly transferable, and deeply liquid - USDC delivers exactly that. Alongside this, we’ve also significantly increased our position of staked HYPE.

@benjamincowen I have two and I feel swamped, I have no idea how people do this.

My wife gave birth to our 5th child. Truly, this is wealth

@CrokeChris @John_Zannis With Tatum playing in 6 of the games. True, Brown didn’t have a great series, but I’m telling you jb as the main guy would be a better team than JT was your main guy. If they hadn’t of brought JT back this season I don’t think they would have lost that series.

@philyourbag @John_Zannis “Same success” they blew a 3-1 lead to a play-in team dude

I have moved from possible to highly probable that Jaylen Brown gets moved this offseason. Feels like a foregone conclusion. His comments, Stevens comments, the 2 year $70 million/yr extension due in July which would lock him in for 4 more years. Just don't think that happens.

@WyattSpencer77 @John_Zannis Rebounder yes, passer close, shooter close. Clutch performance and making players better around him I got to give it to jb. II would have kept Tatum out until next season, but he probably would have demanded a trade at that point anyways.

@philyourbag @John_Zannis Tatum is better rebounder and passer. You can argue about the shooting.

@nilecapitalco @MaxSolana24 @DriftProtocol @tether @bitfinex But it was a centralized exchange and made bank back in the day. Drift will probably die after this. I hope not as I lost 5 figures.

@MaxSolana24 @DriftProtocol @tether Didn't Tether's @bitfinex do something similar in the past. And it survived to date.

My thoughts on the latest updates from Drift + Tether @DriftProtocol just announced a ~$150M recovery support package (with @tether leading), while total user losses are estimated around ~$300M. Two key signals from their announcement: - The $150M is NOT fully liquid at launch - Drift plans to issue a transferable recovery token to compensate users Based on this, here’s what I think is the most effective compensation model 👇

@nilecapitalco @MaxSolana24 @DriftProtocol @tether @bitfinex Yes

@HyperliquidX Requirements should include a NSA style lie detector test to prove no connections to nefarious actors

Hyperliquid Labs is hiring 2 backend engineers and 1 frontend engineer. You will join a team of 11 building the rails to house all of finance. Hyperliquid Labs is famously one of the most efficient and productive engineering teams in the world. If you are interested in distributed systems, performance optimization, and high performance financial systems, there is no better place to work. This is reflected in both compensation and personal growth. The role is demanding, and the bar is high. Requirements: + Raw intellectual horsepower, e.g., you’ve built something from the ground up with substantial systems engineering, placed highly at IOI, etc. + Experience architecting complex software systems + Fluency in Rust (for backend) + In-person in Singapore, relocation covered Apply using the link below

@JoeyMurr They lost at msg last year

When you lose 2 Game 7’s at home and consecutive seasons ended by the Knicks & 76ers . you need to make a change behind the bench.

@johndohyo what’s going on with nhyoe? Can depositors get an update please? Last mention on “nhyoe” on X was in January. @nunchi @ethena @Anchorage

@nunchi What do you have for the community? Been months now yet you haven’t made your intentions clear

@0xL1ghtYear @nunchi 100% im with you. last mention of nhyoe on x by their account was in January. Dashboard showing deposits disabled, getting a little nervous.

@nunchi When can we have any insight/plans regarding nhype, feel seized/locked forever. Very disappointing as an early supporter to be ghosted on this topic, for big amounts

We’re setting up an AMA with the dev team. Drop your questions below!

@nunchi question: WHEN WILL YOU FIX SIGN IN ISSUES ON YOUR WEBSITE???

@nunchi Stop drawing ai pictures and start getting liquidity for your “lst” nhyoe

idk guys it’s kinda cute…

@nunchi please fix you site always having problems signing in with MetaMask mobile also please let us withdraw nhyoe or at least provide an update