sum
120 posts





HIP-4 is live. Every outcome market on Hyperliquid is tradeable in $USDH from @nativemarkets. Shipped something with @sumfxn today for every team that wants to integrate USDH without writing the action layer themselves. Quote, swap, bridge, React widget. A few lines and your users are in. Free, maintained, MIT license. More features shipping fast. liquidterminal.xyz/usdh to try the swap live. npmjs.com/package/usdh-k… for the SDK. github.com/sumfxn/usdh-kit for the source. USDH is native to Hyperliquid, fully reserved, and routes 50% of reserve revenue to the Assistance Fund. Every HIP-4 deployer that integrates it gives their traders a structural fee advantage. @sumfxn has been building quietly on Hyperliquid for a long time. Some of it is starting to surface with @sentralcash. It brings a lot of pieces together. Hyperliquid.










my thoughts on $HYPE - The $300m cluster that nukes the chart is a great thing, redistributing supply and accelerating AF accumulation. - The team unlock in November is the most bullish event of Q4 for $HYPE. Jeff is based, there's no chance he'll start dumping his $HYPE on the market. relock? staking? Whatever the decision, it will be beneficial in the short/long term. - The 60% decline in OI is a non-event, as it mainly involved delta neutral positions, which had absolutely no impact on HL's revenues. - Atlas Merchant Capital's $300 million buying pressure isn’t priced in. + @unitxyz accumulate HYPE with 100% of their revenue, their impact will become increasingly significant as their revenue grows (which I am sure will happen) - Builder codes, & even more so HIP-3, are in their infancy, and their impact on increasing HL revenues is still underestimated. Accumulating $HYPE at 40% below its ATH is a bargain for me in this context. Hyperliquid






