Iloveyoujeff.hl

[Hyperliquid @HyperliquidX]

Hyperliquid reached a new all-time high in 24h volume of >$13B.

[mr smoovie williams @smoovie420]

HLP probably made more today than celestia made in the last year

[Ansem @blknoiz06]

Hyperliquid

[smartestmoney.hl @smartestmoney]

Full port $HYPE and $PURR from TGE.

No HYPErbole.

If you think that this is just another perp dex I would strongly advice you to dig deeper.

I do not believe any other asset will outperform the @HyperliquidX ecosystem for the rest of the cycle and the thesis is simple:

[deBridge @debridge]

1/ The floodgates to @HyperliquidX are open

Deposit to Hyperliquid at the speed of light ⚡

[Tobias Reisner @reisnertobias]

$HYPE Data for You

Let it Burn

All Spot Fees on Hyperliquid are used to buyback and burn $HYPE.

72.048,69 $HYPE got burned so far.
Worth: $1.121 Million

Assistance Fund 👀

A portion of the Auction Fees are going to the Assistance Fund, the Docs are not clear on how much % but I read here on X somewhat of 30%.

The Assistance Fund is already holding over 1% of $HYPE supply and continues to buy more $HYPE.

They just transferred $5 Million USDC, probably will go to more $HYPE.

$HYPE Tokens in die Assistance Fund are not burned, which also would not make much sense because it does not bring much stability.

The Assistance Fund just holds $HYPE, so I consider those $HYPE more or less out of circulation.

Million Dollar TWAPs

While we had seen as high as 15 Million Dollars in TWAP Buy Orders for $HYPE in the first days, those orders got filled and TWAPs almost dried up.

Almost... TWAP Buy Orders are up to $3.9 Million again.

6 Figure Auctions 👨‍⚖️

Want to have your own Ticker on Hyperliquid?
This will be 6 figures.

There is only one auction every 31 hours.

Demand for tickers is high, people are paying 180k just to get their ticker on Hyperliquid.

Expansive but still better than giving 5% of your token supply to Binance.

Hyper Memes: Alpha

Token Holder numbers for Hyperliquid Eco Tokens like $PURR, $CATBAL, $PiP, $ATEHUN and $FRUDO have been going up.

If you want to make money, study Hyperliquid Memes and learn to use @Hypurrfun Bot to buy those tokens early. Those are High Risk, but High Reward.

If you put 1000$ in PiP when it launched on Hypurr Fun 5 weeks ago, you would be a Millionaire today.

Check The Data Yourself
Hype Burn by the legend @janklimo
https://t.co/qDiQWoreq4

Holder Trends & Auction by @asxn_r
https://t.co/kTPwiH5vkA

Live TWAPs by @HypurrScan
https://t.co/bIKvyfsxGo

[smartestmoney.hl @smartestmoney]

Dynasties are built on large HyPURR-concentrated bets 🤫

[Flood @ThinkingUSD]

no bias but fair value for $HYPE is around 50B from the exchange alone (10x from here)

fair value for $PURR is around 1B (6.6x from here)

[Ansem @blknoiz06]

no bias but fair value for $HYPE is around 500B from the exchange alone (100x from here)

Hyperliquid

[John McAfee @officialmcafee]

@tylerwinklevoss If Bitcoin Breaks 100k you can bet it will break a million:)

[Iloveyoujeff.hl @Brightkillaz1]

@TaikiMaeda2 taiki plz capitulate memes

[jeff.hl @chameleon_jeff]

It's inspiring to see tens of thousands of community members secure life-changing wealth as part of the Hyperliquid genesis event. Importantly, none of these people were insiders. They:

1) believed in the vision for a better financial system when no one else would
2) acted on that conviction by using and building upon the nascent technology, bootstrapping an unstoppable financial network

The Hyperliquid genesis pays homage to the original ethos of Bitcoin: ownership goes to the believers and doers, not rent-seeking insiders.

For all you early believers, thank you for the unwavering faith and support. Hyperliquid would be nowhere without you all. I'm grateful and honored to be building alongside you.

--

Looking back, we've come a long way. But looking ahead, there's so much further to go.

Finance is humanity's greatest invention. It is the only effective way to coordinate human effort across time and space. Yet, the legacy financial system contradicts its underlying goal of empowering individuals:

- it is opaque and centralized
- it is owned and operated by privileged insiders
- it doesn't embrace technological innovation to better serve users

Hyperliquid is the evolution of finance. And Hyperliquid has not succeeded until it houses all of finance. If you're reading this now, you're still early. The new financial system welcomes you with open arms.

[Hdz @hadzz777]

Another airdrop goes to 0. Thanks for playing $HYPE

[Hsaka @HsakaTrades]

gg @chameleon_jeff , @KingJulianIAm and the rest of the hyperliquid team on the flawless tge.

the mob of sidelinooors waiting for the smallest error to occur during tge so they could launch their pitchforks can go back home.

note to self: read your DMs

[CC2 @CC2Ventures]

So it turns out @HyperliquidX was the best-executed and most rewarding Airdrop & TGE this cycle by a LONG shot.

▫️ ACTUALLY rewarding early users —— TVL early on was under $10M, making it easy to rack up >1000 weekly points with minimal effort. It stayed like this for months.

▫️ Constantly evolving the points algorithm and rewarding different activities on a weekly basis —— providing liquidity, perps volume, spot volume, holding eco coins, refs. Each mattered on different timeframes, encouraging you to explore all facets of the platform.

▫️ Midway through the points program, playtest the TGE by airdropping $PURR 1:1 based on your points, resulting in 4-6 fig airdrops for many users and keeping everyone motivated to reach the finish line.

▫️ Once the points program 'officially' concluded, add a fat bonus in points for users who continued using the platform despite no clear incentive to do so (=organic usage).

▫️ Airdropping 31% (!) of the initial supply —— ZERO to CEXs, private investors, or market makers. You either had to engage with the platform to get your share, or be forced to buy at the FAIR market rate.

And to top it all off, launch a killer platform that goes far beyond being a simple Perp DEX. The UI/UX and PMF are so clean that Hyperliquid sees sustained usage even after the initial incentives ended, while outperforming competitors on key metrics by a country mile.

Absolute master class in delivery. I bow my hat to @chameleon_jeff, @KingJulianIAm, and the rest of the Hyperliquid team.

If you are a Crypto project trying to be successful, I'll leave you with the following two words:

Study Hyperliquid.

And of course, thank you for the lifechanging wealth generation event @HyperliquidX . 🫡

[Flood @ThinkingUSD]

>$1b and no CEX listings

Yeah this is going to $10b

[Guthix 🫵 @GuthixHL]

A few quick takeaways on Hyperliquid TGE:

> Snipers rekt with only 0.012% of liq to snipe
> Roughly 5.35 $HYPE tokens per point (unclaimed tokens go to treasury)
> $HYPE will be the gas token for the HyperEVM
> Team delivered on its promise -- 75%+ to community, NO INSIDERS
> We will likely have good gov power over the 38.888% remaining emissions to the community
>We will see some early perps listings, but will prob need to wait until jan 2025 for the HyperEVM Bridge to see spot listings on other CEXes for additional escape velocity

[Kaito AI 🌊 @KaitoAI]

Sentiment for $HYPE flying.

The trend this year has been sentiment tanking after airdrop allocations are announced.

People liking the allo.

[Hyper Foundation @HyperFND]

The genesis event for HYPE will occur at 07:30 UTC on November 29.

Hyperliquid has grown to include the largest decentralised exchange by volume, open interest, and active users. Liquidity rivals the top centralised exchanges. The user experience bridges the seamless trading on CEXs with the self-custodial ideals of a fully onchain DEX. Hyperliquid represents the ethos of crypto and decentralised finance, with the technical innovations needed to bring all finance onchain without sacrifices.

While Hyperliquid has come a long way, there is much further to go. Over the past year, the scope of Hyperliquid has expanded from a DEX to a full financial system.

1. At its base, Hyperliquid is a performant, modern L1. Powered by HyperBFT, a highly optimised proof of stake consensus algorithm, disparate nodes can achieve consensus at 200k transactions per second with ~0.2 second time to finality. As the native token, HYPE will be the staked asset securing HyperBFT.

2. The perpetuals and spot DEX are examples of native components built into Hyperliquid. These components are optimised high-throughput financial primitives with which users and smart contracts can interact. For example, HYPE/USDC will be traded on the native spot order book.

3. The HyperEVM will bring full programmability to native components and general-purpose onchain state alike. HYPE will be the gas token of the HyperEVM.

4. The community includes an ever-growing set of passionate and talented builders. Hyperliquid will serve as the infrastructure layer for the next generation of trustless and performant finance built by the community. Unlike other chains, Hyperliquid features onchain monetization for user applications that is built directly into the protocol. As the native asset of the protocol, HYPE will be a crucial building block for defi applications.

The HYPE genesis event marks a key milestone in the journey, unlocking core functionality at every level of the stack.

For more information, see the blog post: https://t.co/e9aznniUwp