ymes

@TraderMagus lmao do you make these?

Not today Satan Grand Rising

@gammichan true, been thinking about that recently as a consequence of determinism, think I lean more towards it too does gammi believe in determinism?

@ymesxbt Not sure anyone has a "true self" really. We are a product of our nature and environment, there is no pure self in isolation.

Always liked Threadguy. I think he gets a lot of auto hate just cause he's appealing to the zoomer gen, but he's always seemed genuine to me and being genuine in this space is valuable and rare. Glad to see more people coming around to him.

@gammichan lmao fair enough, I'd argue that they were damaged and not able to be their true selves (ex. Hitler's true self was probably being an artist or smth before he went down the evil path) but maybe that's just semantics

@ymesxbt Idk about that lol Many of history's villains were just being themselves

*Why your favorite TradFi firm launching perps won’t kill Hyperliquid* Let’s establish this upfront. Perps are not just a simple payoff formula. They require a fundamental redesign of the exchange. The magic is in vertically integrating matching, margin, liquidation, and settlement into one continuous risk engine. This provides the foundation for shared collateral pools, tight liquidation loops, 24/7 funding mechanisms, and 20-50x leverage. The resulting UX and capital efficiency is why perps decisively beat out dated futures and options products within crypto. You can’t just “list perps” as if it were any other derivative. You have to reproduce the architecture. Coinbase has already demonstrated this empirically with their lackluster CFTC-regulated “perps” product despite plenty of talent and dollars thrown at it. As currently designed, they’re long-dated futures with 5-year expiries, 3-10x leverage depending on the contract, and funding that only settles twice daily. Compare that to unregulated offshore venues like Binance or blockchains like Hyperliquid and it’s obvious why the product has underwhelmed. If Coinbase can’t figure it out, why should Kalshi or Polymarket, which have worse distribution for this product? If Coinbase as the most crypto-native regulated U.S. venue can’t deliver a compelling product, why should CME or ICE? The reality is that U.S. regulated incumbents have been sidelined from truly competing. Dodd-Frank and the Commodities Exchange Act mandate centralized clearing, and separation between the different layers of the trading stack. This fragmentation structurally prevents the vertical integration necessary for real perps to work. And even if they didn’t, incumbents would still likely have regulatory limits on the amount of leverage they can offer to retail. Fixing all this requires a full regulatory overhaul and infrastructure rebuild. HOOD and IBKR pumping out whatever subpar product their underlying exchange lists wouldn’t change the problem. But regulation can change right? At a conference in March, CFTC Chairman Michael Selig suggested that the agency would allow perps for crypto soon. While CME and ICE may not have the right infrastructure in place to flip on perps anytime soon, Coinbase, Kalshi, and Polymarket could in theory offer real perps on crypto within weeks of formal guidance dropping. In fact, it is my full expectation that both Kalshi and Polymarket's upcoming perps products will be real perps with no expiry, unlike what Coinbase offers. What then would be the advantage of decentralized venues like Hyperliquid if everyone was now on a more level playing field? Well for one U.S. guidance would likely only be for crypto perps, not the equity or commodity perps which are the fastest growing segment of the market. They also might not remove limits on retail leverage. But let’s just ignore these qualifications for now and assume that there’s simultaneously 1) no regulatory advantage for offshore venues anymore and 2) decentralized venues still cannot legally offer perps to U.S. retail users (despite the CFTC also working towards creating a pathway for this). There’s a handful of long-term advantages decentralized venues like Hyperliquid have. 1) DEXs are structurally cheaper as they do not maintain fiat banking rails, large compliance teams, regional subsidiaries, customer support, or extensive custody and treasury operations 2) DEXs are permissionless, which provides significant scaling advantages over incumbents as anyone can launch and distribute new markets, creating a virtuous utility-and-distribution flywheel 3) DEXs are intrinsically global, enabling them to reach anyone on Earth so long as they have an internet connection 4) DEXs offer users substantially lower counterparty risk as they are real-time auditable and enable users to self custody their funds And none of this is to mention the bigger picture concept that Hyperliquid isn’t just a perps venue anymore. Rather it’s a full-fledged platform where traders soon be able to cross-margin perps, options, predictions, and tokenized equities in a unified experience. Incorporating all of this into a single risk engine takes years of iteration and refinement, and a baseline level of liquidity across all markets. x.com/RyanWatkins_/s… With all this in mind, who do you think is best positioned to execute on this product? Is it really the regulatorily constrained, technologically disadvantaged, incumbents that have zero experience building this product? Or is it the pioneering team with breakneck product velocity and years of experience both trading and building these products? It’s not wrong to worry about competition. I do expect TradFi firms will offer decent products over the coming quarters and help grow the market. But eventually decentralized venues will be made legal in the U.S. too and their superiority will be proven over time. So the big question in my mind is not whether TradFi will win, it’s whether another blockchain like Solana, Lighter, or Base builds a better product, or if Hyperliquid will stay the king. Time will tell.

@thesyedanas do you meditate or do affirmations?

for a long time i used to think that believing in your vision and working hard was all and enough. years later, it turns out that there was one final missing piece to this game of mentalism. and that is to detach. to not desperately need, what you want.

@901Fin fs man, from sagan's pale blue dot video to living to see this recording, human minds putting differences aside to explore the cosmos will always be one of the coolest things

Maybe yall don’t care about astronomy but I do I can’t name a greater video ever recorded on a phone than this. This video will be shared for decades and its impact will surely be felt in the field for even longer.

@901Fin @tryfomo ^^

@tryfomo Verify $abcdefg please

it happened on @tryfomo

@901Fin john xina

I am comfy and positioned in the only token to ever properly meme pvps and vamps in the trenches while simultaneously creating an original infinitely scalable narrative. Yes I am talking about $abcdefg Yes I have placed the alpha bet. We will now flip alphabet with the alpha bet created by the alphabet.

@BobLoukas 🔥

The latest Bitcoin 4 Year Cycle Video. Not Done Yet youtu.be/fk1dkrGUar4?si… If you enjoy the content, a retweet is appreciated.

@BobLoukas excited!

Doing a new Bitcoin 4 Year Cycle video today, been a while.

@901Fin Can't spell unc without your abc's Coded

Unc to actual memes rotation will be crazy (this isn’t hating on unc I just see it as more so an experiment than a traditional memecoin)

The breakout to new highs is imminent $abcdefg @abcdefgcoin

@BasedShillBH @abcdefgcoin JOHN XINA

@abcdefgcoin BING CHILLING 🍦

@901Fin abcdefgm

I’ve been quieter on the TL recently about $abcdefg while some big dawgs accumulate at the lows but I think it’s an important time to once again say that if you can’t grasp what’s going on here you’re going to miss a big fucking run. Zero noise. Yet you can feel $abcdefg is one of them ones by simply getting a whiff of the air. Idk how many times I can tell you guys

@TraderMagus gm mag

gm say it back or else I shoot

Will gladly keep accumulating $abcdefg under 2m Eventually the pendulum will really swing back to cults heavy - Neet prob leads Murad mode

@901Fin Abcdefg

Why do I get the feeling $abcdefg is just going to emerge out of this market wide dip as the cult coin that bounces the hardest I mean it makes sense Everyone you know is shilling it as we speak, you just don’t get it yet.

basically there are billions of dollars in crypto that are trapped forever because of taxes not paid or ppl who don't want to pay them. these billions want to trade and hyperliquid is the best available, liquidity builds and becomes too great an edge for new competition hyperliquid slowly enables every global asset to be traded on-chain with industry-grade slippage / experience and is the optimal place for all crypto natives and all other consumers who would prefer to not declare their trades the risks associated with KYC'ing and regulations will likely not be present for another ~3 years (US gov change) which gives a long runway for great things to happen and at present they don't even operate in the largest financial capital of the world (the states). there is centralisation risk also but i have confidence in team via to-date performance the tokenomics (buybacks with revenue) and initial distribution are simply the best to ever do it. the buybacks are increased with liquidations making it a token that generally holds up well in all conditions. second cycle pumps are usually the best of them and hype has an amazing team, a very loyal base with large engagement and has outperformed everything for the past several months which has it primed to outperform to the upside too imo it is the comfiest token to hold while also having a fairly insane amount of upside narrative potential. it can actually fulfil solana's goal of 'nasdaq at lightspeed' and trade every asset, 24/7 (including making seed rounds liquid etc). it is a fully functioning L1 and the ecosystem around it is still in its infancy, i see no reason why further success will not attract more users via culture activations like events, nfts, memecoins, art. these are all mostly unexplored narratives that build layers to value and speculation the best tokens are the ones that slip just out of your grasp and never gave an easy entry $HYPE at the current market cap of $SOL is $203 $HYPE at the current market cap of $SOL ATH is $563 hyperliquid