izcando.hl

Speculative point system for Hyperliquid season 3 points: - trading perps and spot - staking $hype - depositing in HLP - depositing your btc to Hyperliquid - trading spot btc - using Hfun bot to trade - playing around with testnet (bonus for those who have testnet tokens given from previous seasons to stake) - owning Hypio/LQNA nfts - trading on pvp.trade (season ended) Will update this list in the future. Hyperliquid

Tradfi heating up. Still think Nado and Variational is very early and has the best upside. omni.variational.io/?ref=OMNIFOP41… 7 invites left. Nado invites coming soon again.

4 invites left on Nado for those who want in before alpha ends in 2 days app.nado.xyz/?join=u0QYdN2

With all the commotion with tradfi, lighter's recent success, safely say tradfi farming is here to stay as the big thing now until the next one appears. Mainly bullish on variational omni.variational.io/?ref=OMNIFOP41… because of hyperliquid approach And perhaps app.nado.xyz/?join=u0QYdN2

@liminalmoney Code needed

Still looking for an invite code for the next stage? Reply to this tweet to request one. Have invites? Drop your codes below. Spread the (h)edge.

its time to bring this back. Hyperliquid

@chameleon_jeff Hyperliquid

Debunking Hyperliquid FUD (Part 1: HLP, liquidations, and platform guarantees) It's sad to see coordinated misinformation campaigns targeting Hyperliquid, which have led to widespread misunderstanding of what we are all working so hard to build. In response, this series of posts provides detailed, factual explanations of how Hyperliquid works. As a community, we must actively fight FUD by spreading the truth. The tone with which we do this also matters: the best way to grow as a protocol and ultimately house all finance is to remain humble and welcome more users into the ecosystem. -- The first post focuses on HLP and liquidations on Hyperliquid. High level summary The FUD is that the Hyperliquid protocol is subject to large losses stemming from manipulation. On the contrary, Hyperliquid's margining design mathematically guarantees platform solvency. Note that HLP’s losses are isolated to the vault itself, and Hyperliquid does not depend on HLP’s operation to exist. This was true even before the JELLY incident. After the JELLY incident, there is an additional change to protect HLP from losses during backstop liquidations. The fundamental changes are to HLP, not the platform itself. HLP background HLP is a permissionless protocol vault pioneered by Hyperliquid. HLP does not collect fees from depositors, and historically has returned 60M USDC in pnl to its depositors. On CEXs, this profit typically goes to the internal market making desks instead of users. HLP plays two roles: market making and backstop liquidations. In terms of market making, HLP runs a passive strategy that accounts for less than 2% of Hyperliquid's total volume. The vast majority of volume on Hyperliquid is between two non-HLP users. Liquidations On Hyperliquid, liquidations are first sent to the book as a market order. This allows any user to participate in providing liquidity to liquidations, which is profitable flow on average. On other exchanges, this flow is internalized by the exchange as a revenue source. HLP only performs backstop liquidations, which involves taking over positions that are unable to be market liquidated. When account values go negative, the last resort for platform solvency is auto-deleveraging (ADL). ADL closes underwater positions against the most profitable and highly leveraged positions on the other side, ensuring the protocol's solvency. ADL is extremely rare but importantly targets the attacker's position on both sides during manipulation attempts as described below. JELLY incident An attacker recently attempted to exploit HLP by opening a large long and short against themself. Open interest caps allowed a position worth 4M USDC at the time of trade, but the logical issue was that HLP collateralized the liquidation with its full balance. It is false that the platform itself had solvency risks, but HLP was indeed overexposed to the manipulation. Changes made Now the liquidator component vault of HLP has capped collateral, limiting its potential loss by backstop liquidations. A historical analysis was conducted based on this new system. Apart from the JELLY incident, this change would not have caused additional ADLs in the past, even during extreme volatility. However, it would have minimized HLP’s losses during the JELLY incident to low six figures, which is far less than the attacker spent on market manipulation. In particular, ADL would have closed the attacker’s momentarily profitable long position, leaving other JELLY positions untouched. Validators now actively discuss delistings in an open governance forum on Discord. Several interesting dashboards have been created by users and validators: stalequant.github.io/hyperliquid_re…, data.asxn.xyz/dashboard/hl-r…. Market cap of the underlying spot assets will likely be an important input into delisting considerations. While delistings are important to ensure that users on the platform do not suffer from potential price manipulation, they are not required for platform solvency. New state of margining system and HLP Hyperliquid still functions as before, handling under-collateralized positions in the order of 1) market liquidations 2) backstop liquidations 3) ADL. Backstop liquidations on HLP now have additional protections to cap the total losses, making mark price manipulation attacks more expensive than the limited available gain from HLP. HLP's role continues to shrink as Hyperliquid grows, and at this point is nonessential to the protocol's operation. HLP still exists as a source of protocol yield through backstop liquidations and providing consistent background liquidity.

@ThinkingUSD As always undervalued assets will be appreciated when market turns to fundamentals. Cycles aren’t relevant especially this one with memecoin casino gambling in full swing. Hyperliquid

I see a lot of people @'ing me about $HYPE price action and saying what a terrible trader I must be for not selling the top. The thing is, I don't really consider any price action under $100 per HYPE really relevant to pay attention to and just passively accumulate more everyday. Your HYPE ----> My Wallet. We are playing on very different timescales.

@MBXXVV @HyperliquidX Do credit me in the future if you’re going to use my content.

BREAKING: On January 23rd, Hyperliquid reached at an impressive 330,000 cumulative users, a bustling hub of activity and connection. Just over a month later, February 26th, that number has grown to 380,000, a vibrant surge of 50,000 (15%) new souls joining @HyperliquidX app.hyperliquid.xyz/trade/HYPE/USDC

Hyperliquid: DEX that houses all finances People saying that HyperEVM launch was 'undermining', 'lack of announcement' and 'underwhelming'. But that is precisely what jeff and team wants. The reason why @HyperliquidX is so successful and continually becoming more successful since TGE on Dec 2024 is because of the quiet, flawless execution that has been done @chameleon_jeff and team. Even @binance is freely advertising for us. Every major update that has been delivered: TGE Dec 5th 2024: $hype airdropped directly to wallets. Hyperliquid had no congestion and $hype market was immediately tradable. No downtime. Spot BTC Feb 15th 2024: Spot market becomes tradable and depositable/withdrawable with the lowest trading fees available across all cexs and dexs. Again no downtime HyperEVM Feb 18th 2024: HyperEVM marks a major success. Making hype being able to transfer into/out of HyperEVM and using it as native token for transactions. Again no downtime Most if not all Hyperliquid users and believers understand what jeff and team has delivered. This is first class execution, 0 VC funding, with an understanding to listen to communities opinions to be THE only DEX that houses all finances. Hyperliquid

@v0xsel @MBXXVV Check stats on Hyperliquid site

@Izcando @MBXXVV Where i can check this data?

Update from my previous post since HyperEVM released on Feb 18th. Growth of cumulative users: Jan 23rd: 330k Feb 26th: 380k (growth of 50k or 15%) Total Volume: Jan 23rd: $730b Feb 26th: $935b (growth of 205b or 28%) alright buddy I gotchu @MBXXVV Hyperliquid

@RyanWatkins_ This is ONLY perps volume. 63% total of all dexes. Hyperliquid

Hyperliquid is the #1 chain by revenue in the past 24 hours. Mind you this is pre- HyperEVM getting any traction. I still don't think the market quite understands the revenue potential for Hyperliquid.

@HyperliquidX housing all finances. Hyperliquid

@MetamateDaz Also I dont think there is anything to be said about Dex competition anymore. Hyperliquid

HyperLiquid made 5x more revenue than Solana today and 3.5x more than Ethereum $HYPE is the top protocol in crypto that isn’t a stable coin The future is HyperLiquid

There’s only 1 token to hold. +630% Hype TGE: Dec 2024 Thanks for playing Hyperliquid

- Binance selling their SOL holdings - Bybit using traders liquidated longs worth $507 mil to payback ETH. Meanwhile - Hyperliquid assistant fund bought back another 140k of $hype ~ $2.7m Hyperliquid.

@MetamateDaz 1 step back 10 steps forward. Hyperliquid

top losers over 24 hours and 7 days HyperLiquid

@BlurCrypto Character development arc

you have two choices at this point imo 1) sell most/everything, leave twitter for a few months, get a gf, have a good time out in the real world care free 2) hold and stay here logging in every day slowly continuing to lose your mind I choose 2 because it builds character

There’s only 1 asset for bull posting. Hyperliquid