Patryk

@eshita @khushii_w Cool! Congrats on the launch

We're excited to officially launch Dry Run! Finance may be undergoing its biggest shift since the modern financial system was established. Money movement, credit, compliance, and workflows are becoming global, programmable, and AI-native. Khushi (@khushii_w) and I have had the pleasure of speaking with some of the most brilliant founders, thinkers, and builders on the podcast. Capturing original thinking, craft, and the stories behind what they’re building has been a joy. We’re excited to keep sharing these conversations with you. Stay tuned!

This was my thesis mid-2025. If @HyperliquidX could be a venue for traditional asset price discovery, it would have its @Polymarket moment. I thought this could happen for pre-IPO assets. It ended up happening first with commodities. Now, it’s happening for private companies.

@androolloyd @HypurrFi ❤️

Dear @HypurrFi Community. HypurrFi is winding down and transitioning its Prime and Yield markets to Euler. Euler is a world class team and has an amazing vision for what programmable credit markets can enable, we saw this early on, and the value it will create for Hyperliquid. We are excited they will carry the torch we lit. The Hyperliquid opportunity is greater than ever, Euler understands this deeply and is working alongside Clearstar to ensure that opportunities for credit extend far beyond what is available on the chain today. I'm sure you have a lot of questions, but first things first, the protocols remain solvent and healthy, there are no issues, we're not going away overnight and that this isn't a change in belief or conviction on Hyperliquid, it's just a change in direction for us. What does this mean for you right now? The HypurrFi UI will remain online for users to withdraw. Legacy and Pooled Market's will be settled and shut down on June 30th, you are encouraged to unwind and migrate promptly. The Pooled Market has been adjusted to prevent more debt from being issued, HYPE/USDC/USDT0 remain available for supply to give borrowers time to repay, the remaining markets have been frozen for new borrow and lend. USDXL rates will be set to 30% to incentivize repayment long before market closure, the time to repay is now, if you need usdxl to repay, you can mint from the USDXL page with USDT0 while markets are operational. HypurrFi Support will remain available until May 28th, after which Discord will be closed. A migration tool has been added to the UI, check the relevant dashboards to help guide your migration positions to an appropriate Euler market. Hyperliquid support will be added to the Euler UI over the coming days. Hyperscan.com will continue to be available, we are working with Enigma to keep it running and expand its capabilities as a testnet explorer The HypurrFi Card and HypurrFi Points have been discontinued If you're a pooled or legacy market lender or borrower, the time to repay and close out your positions is here. I want to extend my gratitude to the entire Hyperliquid community for the love you have shown all of us at HypurrFi over the last year, many of us will be around in some capacity so if you see any of us on your travels, be sure to say hello. If you are looking for talented, crypto native, and kind people to join your ranks, I know that they will contribute meaningfully and with their full heart, so please reach out. Catch you in the order books. Hyperliquid

@0xaioli 💯

andy/androo/kurt are some of the kindest and most earnest builders i've had the pleasure of working with sad to see this but sounds like it was the best long term decision. excited to see what's next for them (full-time hyperliquid customer support department)

@joakimhi @megaeth @NamikMuduroglu @ImperiumPaper Congrats!

Hey everyone - wanted to announce that a few weeks ago I joined the GTM team at @megaeth focusing on making sure MegaApps become successful and MegaDefi keeps growing Im excited to join the likes of @NamikMuduroglu, @ImperiumPaper and the rest of the team, aiming to prove over time why Mega is different. Not many know this, but my career has been quite wildly diverse: I spent most of my web2 career working on app growth for companies like Bolt, as well as working with the giants of the mobile gaming industry. Yet most will know me from the past 4 years of being an intense defi user, degen, market participant and group chat spammer. I am glad to be able to be combining these two passions, bringing in the incentive aware UA spending thinking from web2 to Mega, as well as helping build a defi system that I as a long time user would enjoy exploring. My focus on Apps will be two fold: 1) Helping shape Terminal, reinforcing its value as a curated discovery layer for apps on Mega and helping build its incentive system to promote breakout apps. Am especially looking to working with teams focusing on something new and to reward teams that are Mega and USDM aligned. If you are a dev building something new, especially if it's something that hasn't been done before or is a onchain experiment, PLEASE reach out! 2) Helping the most mega-aligned apps navigate their go-to-market plans. Apps should get help with launch strategy, distribution, positioning, and the right connections. Founders should be focused on execution, not blocked by figuring out who to talk to, how to launch, or how to tell their story. It is no longer just about building new protocols. It is about bringing real collateral onchain. And where else to build that than the chain built for super fast blocktimes and millisecond latency oracle updates. @ImperiumPaper will still be the main person for USDM growth. We already made a strong first step here with our collaboration with @aave, hitting over $1B in deposits a few days ago. There is a long backlog of high-quality collateral looking to work with us, in addition to native teams like @brix_money and @CapApp. Looking forward to seeing how we can enable them across MegaDeFi. TL DR: Joining megaeth, helping build a curated experience of apps, building an incentivization model backed by actual economics, and making Mega by the best place for onchain finance on EVM. Mega GDP go up ⬆️

@ericonomic @Kinetiq_xyz @Markets_xyz Let’s go congrats!

I’m proud to share that I’ve joined @Kinetiq_xyz and @Markets_xyz. I’ll be focused across several verticals, including product, growth, and more. But one area I’m especially excited about is onchain analysis. My goal is simple: make sure every wallet worth watching on Hyperliquid is tracked in the Markets App. And through @MarketsAlpha, I’ll be sharing how I find them, why they matter and what they reveal about the market. Really excited for what’s coming. Put the k on the Hype.

@imluidji @TopStrikeIO Yeah makes decent sense. But it is annoying as a user that I have to sell my players and rebuy just to use them for the World Cup (while paying fees for basically no reason).

@Solofunk @TopStrikeIO The whole point of having an eligibility period is simply to induce sales to keep the dapp alive financially and to avoid having people buying players and afk the game Pretty balanced imho

Been a while since I last posted about @TopStrikeIO Portfolio is doing amazing and I genuinely think the more we lean towards World Cup, the more people will join and prices will steadily go up. Wish we could have a zoom out view when it was worth 0,3 ETH a few months back.

@imluidji @TopStrikeIO They should just have it run for the entirety of the World Cup and make it easy 🙂

@Solofunk @TopStrikeIO Yeah but let’s say your player still has 15 days of eligibility then it’ll be paused and will start again at the beginning of the World Cup

@TopStrikeIO @imluidji I read in the docs that once you hold a player for 30 days, they become ineligible?

@Solofunk @imluidji No unused eligibility at the end of the season carries over into the World Cup

@StewArtVandelay @RyanWatkins_ We can all pray to live until 150

The more I think about this Coinbase partnership, the more I believe it is Hyperliquid’s biggest announcement all year. Stablecoin yield is the largest revenue source in the industry next to trading fees and Hyperliquid is now the first blockchain to internalize both. This is a fundamental transformation of Hyperliquid as a business. Yield sharing enables Hyperliquid’s revenue to scale more directly with deposits, rather than just trading volume. And because deposits tend to be stickier than volumes in downturns, this could make Hyperliquid’s buybacks more resilient across cycles. For example Hyperliquid stablecoin deposits are currently only down 15% from ATHs compared to monthly volumes down 55%. Zooming out, there’s currently ~$80B in stablecoins deposits on Binance, Okx, and Bybit compared to ~$5B on Hyperliquid. It doesn’t take crazy share gains or sector wide growth for the revenue numbers from yield sharing to get crazy for $HYPE. Think $300M - $500M in incremental run-rate revenue from yield sharing is achievable within next 12 months, and billions in the years beyond as the cryptoeconomy reaccelerates. Hyperliquid.

@defi_monk @androolloyd Believe that’s what Native Markets did, same as the assistance fund except they just send it there. Hopefully it will be the same.

@Solofunk @androolloyd Dont see a reason why it wouldnt be used for buybacks

We are not prepared for the scenario where Circle and Coinbase help Hyperliquid get legalized in the U.S., USDC supply on HL to 5x and Coinbase to become the primary frontend for Hyperliquid in the U.S.

@defi_monk @androolloyd That that accrues to HYPE how, buyback and burning HYPE?

@Solofunk @androolloyd All signs seem to point to 80-90% (according to docs) although the actual number has not been reported

@ElaPassarelli Enjoy the travels!

i've had a lot of people messaging me about why i'm suddenly leaving SheFi i normally don't do this, but i feel like i owe it to myself to share my side of the story and not to be dramatic but honestly alix earle and alex cooper's fight pales in comparison to what just happened between me and @maggielove_ just kidding lol 🙈 but, for real, after almost 2 years being chief of staff at @shefiorg, i'm both sad and excited to announce last week was my last when i started at SheFi, i had really only done creative freelance work to fund a year and a half traveling around the world. i came back to New York eager but slightly lost, not sure who would take a chance on me. i couldn't be more grateful for @maggielove_ (and @DeanKD_ @jonwu_ who interviewed me!!) for being those people while at SheFi, i definitely learned, grew, and made mistakes. but i also: -spearheaded growing the community from 12k to over 30k members -worked on 1M+ in partnership deals with incredible partner teams -ran 500+ person summits in Bangkok, Denver, and Buenos Aires -hosted our first creator event -hosted our first curated dinners in Buenos Aires and New York -launched our first membership club (well, soon 👀) -learned OpenClaw, built AI bots and automated operations -learned how to interview and brought on the wonderful @BU___UB -and, of course, met the most amazing women around the world but, i recently moved to London; i only know a few people in the city, and i'm a very social person! SheFi is all remote, and the past few months i've found myself struggling with the isolation, the time difference, and trying to build a life here. in a role as intense as CoS, you have to be all in - and i knew i couldn't contribute my best at SheFi anymore while i'm sad to leave, i'm excited to watch @shefiorg grow and continue their amazing work. i'm so thankful for such an incredible introduction to the world of startups, tech, and crypto, and for the experiences and people along the way so, i have a lot of people asking me what's next, and honestly, i don't know! my passion has always been traveling, so the next 5 weeks i'm off to remote Indonesia, South Korea, and Mongolia. i'll be making some content about it on my instagram instagram.com/ela.travels, so feel free to give it a follow! i'll be looking for my next opportunity in july, so feel free to tg or dm me if you're interested in chatting and have an office (and awesome team) in London that's all for now. thanks to everyone who has made this journey incredible! ❤️

@Rodairos How do they ruin it lmao

@Solofunk legit depends on company legal team's risk appetite I used to have a personal rule for myself where I gave face to face feedback to anyone that made it to final rounds until... ofc you have the few that ruined it for others 😅

Candidates have told me things like this more times than I can count: "Thanks for the thoughtful follow up" "Appreciate the response even though it didn't lead to any opportunities, most don’t even bother" "Thanks for keeping me posted throughout the process" "Grateful for the feedback, it was actually helpful" “Can’t believe you actually replied to a cold dm” The bar is so low that basic communication stands out. This shouldn't be remarkable. But it is. High touch, personalized recruiting will always win. Why most recruiters don't do this I will never understand.

@CremeDeLaCrypto 💯

The dynamic Jonah highlighted here is playing out in real time today: Hyperliquid just became the biggest USDC venue in DeFi and is reportedly capturing ~90% of the reserve economics. Circle stock is down on the news. HYPE is up 10%+ The market is telling you which layer has the leverage in this relationship When you control the distribution and the users, you set the terms. the issuer needs you more than you need any specific issuer We wrote about this a few months ago. the tug of war between issuers, apps, and users over stablecoin economics is one of the most important dynamics in crypto right now, and the apps are winning.

Confidence in locking capital with @infiniFi is trending up. Short-term locks are down 86% YTD. Locks of 11+ weeks are up 741%, with liUSD-13w yielding 7.6% APY. infiniFi’s core mechanism is this laddering, which allows higher-yield duration assets to be held in reserve.