Red Stapler Noun 109

Noun 109 An Alt of An Alt.

[Mister Todd @pondermint]

I never know if Robert works on labored arguments or just does not get it.

These deals are BAD. they literally suck the competitive life out of the ecosystem.

We know Trade XYZ rocks because they were tested and performed in COMPETITION. You have to be bad ass -- not just ok to make it. WIN

WE only have so many customers right now and the market is cruel. That is good.

If HL seeded Ventuals and all these teams with foundation support ordaining winners like say Berachain did -- we would have a giant sewer of companies and they would not fail fast enough.

Users would get REKT. We also do not want tokens going to teams except as exceptions -- that props us losers and hurts users.

The answer in Hyperliquid is never to do the same failed strategies (foundational giveaway, deals, subsidies) that every other LOSER chain did.

Ask Kinetic if they would prefer a fat foundation grant or to keep fighting. NFW. FEW.

The incompetence, grift and corruption of foundation picking winners locks in chain death and user delusion.

DRIFT anyone?

[Mister Todd @pondermint]

We don't solicit or accept Polymarket badges but we use all crypto products. A spread this wide is a market maker beatdown for traders.

I'm rooting for Josh though and I know he can fix the spread listed in cents when it is actually dollars. Many such cases.

You can get real users to test not flexers who just want to get silly badge and free tokens for promos on X just ask around.

[Red Stapler Noun 109 @109noun]

@sershokunin Hyperliquid

[s @sershokunin]

There has never been an exchange compatible with every asset class.

When US equities are surging and volume picks up, Nasdaq has a great year. If crypto enters a bull market, Binance and Coinbase volumes 10x. If the Fed is active and rates vol increases, CME has a great quarter.

But the Nasdaq can't monetize flows in Japan. The Tokyo Stock Exchange can't make money off the commodites boom. Coinbase doesn't profit off heightened rates volatility. These exchanges aren't made to support a wide array of asset classes and opportunities. Their revenues are highly cyclical, tied to the underlying markets they serve.

TradeXYZ breaks this mold entirely.

XYZ can create a market for anything near instantly. Equities. Commodities. Rates. FX. There is always something happening in the world.

We're designed to capture idosyncratic moments of volatility in a world where anything can happen on any asset, anywhere, anytime.

The result is a diversified business that isn't long any single asset class or country, but rather long global asset volatility as a whole.

This is the final platform for traders, with deep liquidity for every major market in the world, open 24/7/365.

The universal venue. Powered by Hyperliquid.

Trade everything, trade XYZ.

[Red Stapler Noun 109 @109noun]

@chameleon_jeff hyperliquid

[Mister Todd @pondermint]

If you just top blasted Ethereum for Billions creating a global tip top, underwater Billions of $USD based on a Global Crossing level memetic pipes rails and tokens from Cathie Wood, blew $200 Million on Mr. Beast cause he's cool like that and your Bitmine annual meeting had all the energy of an HR project manager rollout session on resilience at the Des Moines airport Marriott... well your throat would feel tighter than the Straight of Hormuz too.

[Mister Todd @pondermint]

Congrats to the bucket shop DEX which claimed the “partner” approach was a guaranteed fail versus their giga brain value capture team.

Will never use this exchange again because they have zero path other than desperation.

You’re working for Haseeb, Katie and the gang at this point.

No.

[Red Stapler Noun 109 @109noun]

@OttoSuwen @fantasy_top_ True

[jeff.hl @chameleon_jeff]

Integrity has always been one of Hyperliquid's core values.

The house of all finance must be credibly neutral. This means no private investors, no market maker deals, and no protocol fees to any company.

The initial state of any blockchain is a crucial part of its story that can never be erased. The original ethos of Bitcoin was a permissionless network accessible to all. Hyperliquid's genesis distribution followed this spirit, going entirely to early users with core contributors excluded. The full distribution is verifiable onchain without obfuscation.

This principle of fairness frustrates a few users and builders who are used to special treatment. It means that Labs has zero tolerance for team members with integrity yellow flags. It means we do things the hard way as a community. But the world deserves a financial system owned by the people, where fairness to all users is in the DNA. Nothing else is worth building.

[Red Stapler Noun 109 @109noun]

@rodeo_crypro It's mid founder and mid product.

99% of products are mid so....

[Red Stapler Noun 109 @109noun]

Real winners avoid Kyle and Kain.

[Kyle Samani @KyleSamani]

Yo @kain time to pay up

[Red Stapler Noun 109 @109noun]

@jacek0x @base Jesse and Brian are wasting time on this.

nuts.

[Mister Todd @pondermint]

Steady lads -- deploying more ecosystem grant tokens.

[Mister Todd @pondermint]

The discount of @HypeStrat to NAV at $30 HYPE is approximately 20%.

The Purrcumulation of $PURR at these prices continues. I don't expect the discount to widen and will keep buying at this spread.

Little attention on this DAT yet or the discount.

[Red Stapler Noun 109 @109noun]

@chameleon_jeff Tarun smacked so hard there is nothing left but glitter on the floor.

[jeff.hl @chameleon_jeff]

Those who can, do
Those who can't, fud

Before writing a paper maybe learn the definition of what you are studying? ADL does not "transfer pnl to HLP." It treats HLP entirely symmetrically with users. **ADL has nothing to do with HLP or backstop liquidations**

ADL did not "destroy $653 million of pnl" either. If you don't understand what you're talking about, you are not qualified to spread lies masked by fancy ML terms to sound smart. It's a shame that these are the "academics" that the industry looks up to.

[Bob Diamond @rediamondjr]

LFG!!

[Red Stapler Noun 109 @109noun]

Literally redacted.

A merchant of who knows what garbage on Solana with a cabal is not bullish.

KEK

good luck kid.

[rasmr @rasmr_eth]

if you're long HYPE your basically betting the team explain themselves. there's no other reason to be bullish rn

[Red Stapler Noun 109 @109noun]

@onchainquant Up 12% since this.

nice call man.

[Red Stapler Noun 109 @109noun]

@onchainquant Lighter community IQ is lower than projected. good luck kid.