yippie
14.5K posts
Here are the @TroveMarkets badge holders (some have since been removed). These “gentlemen” (apparently for money and with minimal due diligence) were promoting this project for Hyperliquid community.
$SPY filled at 644.60 for 17.30. First scale only, not a full position. Target is 652. Stop loss is a weekly close below 642.
Will Japan dare to throw a wrench into the global market right now with Oil, VIX and Move volatility already at elevated levels? We might know the answer at any time, the closer $JPY gets to 160 the higher the chances
@DeepDishEnjoyer second time got liquidated by his tweet :/ damn
BREAKING: Wintermute just moved $15M into Backpack. Pre-market still prices Backpack at just $55M market cap and $278M FDV. Really tiny. Well, If Wintermute actually wants to trade $BP here, then there are only two real options. Either they want to load $BP Or they want to short $BP
Aave has no exposure to Resolv USR. Resolv is a liquidity provider on Aave, supplying its backing assets to the protocol. These assets remain safe, as the backing itself was unaffected. Resolv will be able to exit gracefully and already started to repay the debt. There are no adverse effects on Aave liquidity providers, and zero impact on the Aave Protocol.
The Resolv hack is a reminder of the importance of getting the oracle mechanic exactly right Second order effects of the hack are cropping up in DeFi due to the following: - Oracle was hard coded to (NAV of holdings) divided by (number of tokens issued without awareness of the extra 80m tokens) - As a result, users were able to buy cheap USR (or wstUSR or RLP), deposit into lending protocol, borrow stablecoins, and repeat until the lending protocol hits USR collateral cap This incident should trigger lending protocols and curators to reexamine all NAV-based / bespoke oracles
