There is only one place to speculate on the changing world order in real time, when the rest of the worlds markets are closed, and that is through 24/7 trading by @markets_xyz
Oil: $USOIL
Energy: $USENERGY
Bonds: $USBOND
Precious metals: $GOLD & $SILVER
On @HyperliquidX
there's only one token other than hype where you can get exposure to HIP3
AND the only hype lst that matters
AND even after a double up from here it would still be sitting at an 80 mil mcap
don't get trove'd
$kntq
the takeaway: there’s a second assistance fund buying for potentially the next few months
hype volume is on the rise, with OI back above 10B
hype is about clear out the tornado cluster and never look back
everyone is an ADL expert all of a sudden
most don’t seem to understand this is a core function of any venue (including your preferred perp dex)
reasonable arguments to be made about microstructure (e.g., when and to what extent insurance fund should absorb losses) but any take mad about the existence of ADL is braindead
The Railgun Thesis: the EVM privacy coin
Vitalik is building Kahoku, an SDK for implementing privacy features in EVM wallets. The project has serious partners like Metamask & OKX Wallet. The SDK natively integrates with Railgun, one of Vitalik’s favorite privacy projects. Railgun takes a .25% fee on TVL in and out of their privacy pools. RAIL has good tokenomics: 77% of the supply is staked on a 30 day lockup meaning the practical circulating supply is far lower than stated on sources like Coingecko. Privacy is a 1000x opportunity in crypto, ZEC’s ascendency is positive proof of the bid for privacy. Institutions & Retail are likely to prefer a solution like Railgun which will likely be integrated into their favorite wallets and allow them to shield their stablecoins, DeFi Positions, etc…
> What is railgun?
Railgun is an EVM protocol for shielding//anonymizing Ethereum, ERC-20s, NFTs, etc… Most notably, it seems to be one of Vitalik’s favorite privacy projects and is working directly with the Ethereum Foundation. Vitalik himself has used RAILGUN to shield millions worth of his ETH.
> Why is the price mooning?
Vitalik himself has stepped forward with an Ethereum wallet project called Kohaku. Kohaku is an SDK for integrating privacy features into new and existing wallets. Metamask and OKX Wallet are both collaborators on this too 👀
devRel at Metamask seems pretty excited about this
> what’s the relationship between Kohaku and Railgun?
If you’re a real sleuth you can find the project's Github & unreleased docs. You’ll see at one point they experimented with implementing tornado cash but instead have built with Railgun to support the privacy features.
> but what about ZEC?
Thank god ZCash is finally catching a bid. The higher that thing goes the more it confirms the market value of privacy projects. I truly hope it hits $1000.
> Do they make any money?
Yes, the project takes .25% fees, that’s a healthy business even if it drops down to .01% considering the TAM for this is so massive.
imagine trusting hyperliquid enough to do literal BILLIONS of volume in selling btc spot and buying eth spot and perps
but not buying a dime of hype
hyperliquid
>hypurr airdrop happens
>all the ecosystem protocol teams are together in singapore
>teams talk about giving portions of their airdrop to hypurrs
>hypurrs moon as others around the conference get wind
ultimately this hype move was right in line with a more or less monthly cadence of profit taking on the move up from the bottom
hype is steadily turning over hands at higher and higher price levels
hyperliquid
ATTENTION ALL FELLOW HYPERLIQUID MAXIS: DO NOT TRADE ASTER IF YOU WANT TO MAINTAIN A PERFECT ALIGNMENT SCORE
I checked mine this morning after purchasing aster and I’m down almost 300 alignment points! I am sick to my stomach and don’t know how to make this right.
I wish I knew in advance that you can only keep a perfect alignment score if you make all of your profits in the hyperliquid ecosystem.