pixel.hl
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pixel.hl รีทวีตแล้ว

Hyperliquid’s fully onchain liquidations cannot be compared with underreported CEX liquidations
Hyperliquid is a blockchain where every order, trade, and liquidation happens onchain. Anyone can permissionlessly verify the chain’s execution, including all liquidations and their fair execution for all users. Furthermore, anyone can verify the solvency of the entire system in real time. Transparency and neutrality are key reasons that fully onchain defi is the ideal infrastructure for global finance.
Some CEXs publicly document that they dramatically underreport user liquidations. For example on Binance, even if there are thousands of liquidation orders in the same second, only one is reported. Because liquidations happen in bursts, this could easily be 100x under-reporting under some conditions. Source below.
Hopefully the industry will see transparency and neutrality as important features of the new financial system, and others will follow.

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pixel.hl รีทวีตแล้ว

Wallets on us, fr🙋♂️
Find us at @token2049, all attendees get a free SafePal X1 hardware wallet each🙌
📍 Booth PB4-8, Level 4
✅ Check in → complete simple tasks →walk away with an open-source Bluetooth hardware wallet
🚨While stocks last
🫡 See you soon

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@andreasrtobing_ what do you think about XPL amidst of the pre-market “manipulation” that happened on Hyperliquid?
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pixel.hl รีทวีตแล้ว
pixel.hl รีทวีตแล้ว

staked and vaulted in @kinetiq_xyz
keep it simple. kinetiq coded.
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pixel.hl รีทวีตแล้ว
pixel.hl รีทวีตแล้ว
pixel.hl รีทวีตแล้ว
pixel.hl รีทวีตแล้ว

WHAT IS PROJECT X
we are building the best place to trade any coin on any evm chain
but there will soon be 100+ teams trying to build something similar
so why are we different?
our strategy is distribution first defi
we believe tech is becoming commoditized and the real way to win is by innovating on distribution, incentive design and UX
phase 1 = amm dex on hyperevm
amm dexes are very profitable but they are run by incumbents who have become complacent due to a lack of competition.
we want to do to amm dexes what hyperliquid did to perp dexes
phase 2 = evm aggregator
we think the evm ecosystem is the biggest opportunity in crypto, however it lacks one place with a good ux to connect all the chains
we will soon launch an evm aggregator and apply strong incentives + viral marketing to grow it
bonus = hypercore router
we will also launch a hypercore router, which will re-route some orders to hypercore to get our users the cheapest rate possible
this is like if aerodrome (top dex on base) could re-route orders to coinbase
something like this has never been done before and is only possible on hyperliquid
strategy = distribution first defi
we want to take the marketing approach of memecoins / nfts and apply it to defi
the combination of applying culture, community and virality to a boring but profitable defi industry is exciting to me
we believe we are early to something big and we are doing all this while being 100% self funded
attention is the most scarce asset in crypto but rarely is it compounded into a sustainable defi product
if this vision excites you, we hope you join us on our journey
the #1 thing you can do right now is provide liquidity on @prjx_hl, that is the best way to earn points at the moment
also if you're a world class smart contract dev or viral creator dm me. we are hiring aggressively
hyperliquid
Project X@prjx_hl
Project X is now live! We're building the best place to trade across the entire EVM ecosystem. More info below 👇
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pixel.hl รีทวีตแล้ว

The DEX is just part one.
We built a cash flow generating business to fund our growth instead of raising money.
We have a deeper incentive pool than anyone we’ll compete against.
Our distribution and UX is much better too.
Applying Hyperliquid incentives to commoditized cash flow generating crypto business is an massive opportunity.
We may just be the best team to actually do it.
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