ทวีตที่ปักหมุด
Happy HIP-3 day and happy @tradexyz launch!
I was lucky enough to have been super early to the wait list signup, so was permitted entry to the holy halls.
I am not going to include pictures at this point as to not break confidentiality should it apply but here are my first (very superficial/anecdotal) thoughts on @tradexyz.
1) Likely the most important observation: being able to long/short equities into a closed market is incredible tech; frontrunning politicians' lunacy on SM or just general events like (trade) wars on perpetual futures at a very moderate premium (all things considered for what you get to do) will be incredibly valuable.
This is obvious to some, but I don't believe the extent of it has quite penetrated for the masses. With broader offering of equities, then more specific funds and specialised tickers we, as an industry, will be first to experience a new financial paradigm on which tradfi will want in ASAP. This is market defining innovation and we get to play on it before anyone else - truly incredible time to be in crypto.
2) Interface is very clean: @sershokunin and @unitxyz could have been in a position to chase the early deployment, put out a rushed product and people would have used it no less. Instead, we get a Hyperliquid worthy polished experience - and that is in early public testing. I imagine it will get a lot better over time.
I can only speak for myself but optics MATTER!
Everyone likes to feel like a sophisticated professional trader sitting at their terminal, battling Wallstreet - look at how much value RH and others put into their branding. Shoku's team have understood this well and built something aesthetically very pleasing to the eye. I expect many, not least @InsilicoTrading to swiftly integrate their own front end solutions.
3) OI is still in baby shoes at 2.5M, which, after just hours of deployment and a mere 100 admitted users is already impressive. I expect this number to explode VERy swiftly, considering the leveraged offering of a very attractive product (and more to come, naturally). What I find interesting, and maybe representative of the hunger in our industry is an already respectable funding rate of >10% APY. I think this just goes to show how willing to balls to the wall long we are as an industry and I think it speaks volumes for what's to come on broader opening to the public.
4) It will be extremely interesting to read the documentation which at this point doesn't seem to be online yet.
Things I will look for immediately:
- Which values comprise the XYZ100 (this is something you can technically already look up but the weighting, decision making and thoughts behind it are incredibly intriguing).
At what intervals and under what criteria are equities listed?
- The exact workings of the orcale(s) at play and how they countermand extreme swings at market open from differing weekend PA onchain (this is something I think about a lot, albeit a little different with @ventuals)
In closing, I cannot stress how important it is to pay attention at this point in time.
Considering the historical 10% yoy returns of the SPX, the lack of perpetual financial products in the traditional markets and the access we get to a playing field no one else has access to, this is likely one of the best places and times in history to fundamentally change both our personal finances as well as global finance.
Feel free to use my ref if you want to be part of the future trade.xyz/?ref=32N7DZYFA. Thank you and
Hyperliquid
English
