Mr. Edosa

Starting my Web3 VC journey | Connecting builders & capital across DeFi, RWA & beyond | TradFi roots → onchain scaling | CFA | SMU Cox MBA | Let's connect

[Mr. Edosa @BusinessPlanSMB]

My strategy as a VC: be early in the network.

Meet founders before the hype.
Talk through ideas.
Make intros. Support first.
Build trust before capital.

[Havoc.hl 𝕏 @Havochl_]

Another win for Hyperliquid and this is actually crazy, Intel stok $INTC spiked from $65.8 to $83.5 after earnings call.

Guess what? While traditional markets are closed Hyperliquid eats all the volume.

Price discovery on Intel happens on Hyperliquid

cc @liquidtrading for the vid

[Financial Times @FT]

Breaking news: Despite offering its own rival Gemini AI models, Google has committed to invest $10bn in Anthropic at its current valuation with a further $30bn to come in the future. https://t.co/PX25MWlbvg

[Mr. Edosa @BusinessPlanSMB]

👀👀👀

[Mr. Edosa @BusinessPlanSMB]

@KobeissiLetter We still got some room for breathing it remains below the 2008 equivalent - $216 per barrel

[0xviet @0xvietnguyen]

VCs Tier List

[Mr. Edosa @BusinessPlanSMB]

@scottshapiro @coinbase It was a good run! Good luck!

[Lydia DePillis @lydiadepillis]

Hell of a graphic from Morgan Stanley

[Havoc.hl 𝕏 @Havochl_]

If you didnt know Hyperliquid was built by a team of just 11 people. Here are some of them:

• Jeff Yan @chameleon_jeff
• Iliensinc @iliensinc
• Xulian @xulian_hl
• Valinorae @Valinorae
• Jay Gee @jaygee_hl
• Ben (ben_hl)
• Adam (adam254689)
• Kangaroo (kangaroo2245)

11 people built what Binance, Coinbase and dYdX needed hundreds of employees to build.

Did you know anyone from the team besides Jeff, Iliensinc and Xulian?

[Mr. Edosa @BusinessPlanSMB]

@_stevenhl OI/volume ratio filters out wash trading noise. Most retail still chases vanity metrics while smart money follows capital efficiency signals. This gap creates alpha.

[Mr. Edosa @BusinessPlanSMB]

@LuizaJarovsky Prediction markets aggregate dispersed information into price signals. Different mechanisms, different social value. Regulation? Yes. Same category? No.

[Wu Blockchain @WuBlockchain]

According to Fortune, two early employees of Kalshi are raising up to $35 million for a prediction-market focused venture fund called 5c(c) Capital. The fund is backed by Tarek Mansour, CEO of Kalshi, and Shayne Coplan, CEO of Polymarket, alongside investors including Marc Andreessen. The fund plans to invest in around 20 prediction-market startups over the next two years.

[Mr. Edosa @BusinessPlanSMB]

@mansourtarek_ This assumes regulation equals better product. In reality, users left *because* of regulatory friction - fees, KYC delays, limited access. Offshore won on experience, not on being unregulated. Protection narrative doesn't match behavior.

[Mr. Edosa @BusinessPlanSMB]

@durov Oversubscribed bonds in 2024 while most tech struggled with rates? That's what happens when you solve real user problems first, monetize second.... Execution over promises.

[Hyperliquid Research Collective (HRC) @HyperliquidR]

Hyperliquid Annual Report 2025

Today, we're excited to release Hyperliquid's 2025 Annual Report.

What Hyperliquid, the core team, and hundreds of contributors have built this year is largely unprecedented in financial history. This report is our attempt to capture that extraordinary year with the rigor it deserves.

A few months ago, we created HRC because we felt a clear need to reduce information asymmetry and lower entry barriers for new participants through independent research. We hope this report helps do exactly that.

For us, it is a privilege to be part of this ecosystem and to have produced this work. Months of research, data work, debate, and collaboration across Four Pillars, GLC, and all our contributors went into every page. It means a lot to share it today, so please, let us know what you think and how we can improve the reporting going forward.

Enjoy the read. Some excerpts below, with the link to the full PDF.

Hyperliquid.

[Mr. Edosa @BusinessPlanSMB]

@RyanWatkins_ @HyperliquidX The velocity of capital flowing into Hyperliquid's builder codes is telling. When ecosystem participants generate meaningful revenue this quickly, it validates the infrastructure thesis beyond just TVL metrics.

[Mr. Edosa @BusinessPlanSMB]

@Lukexiao0 @BNBCHAIN Congrats on the role!

[Sweep @0xSweep]

Someone borrowed $1 billion, used it to vote themselves the right to rob a protocol, took $182 million and then even returned the billion

In April 2022 an attacker took a $1 billion flash loan from Aave and used the borrowed money to buy enough governance tokens to control Beanstalk's voting system

With 70% of the votes in hand they passed an emergency proposal that contained hidden code to drain every dollar from the protocol into their own wallet

$182 million transferred in a single transaction

Then he repaid the $1 billion loan in the same block because flash loans have to be returned instantly

Profit: $76 million

The protocol's lead dev went on Discord and wrote "We are fucked"

The attacker also sent $250K to a Ukraine donation wallet during the robbery and then laundered everything else through Tornado Cash in 270 transactions

The governance function that made this possible was never audited before it went live

[Mr. Edosa @BusinessPlanSMB]

TRON's tokenomics structure is exactly what makes this expansion logical. Been on calls with builders there - the stability incentives in their model create a better foundation for agentic infrastructure than most realize

[TRON DAO @trondao]

TRON announced the expansion of its AI Fund from $100 million to $1 billion. The fund will target investments in and acquisitions of early-stage companies building core infrastructure for the agentic economy.

The fund will prioritize the development and consolidation of agent identity systems, stablecoin-based payment rails, tokenized real-world assets, and developer tooling for autonomous financial systems. The expansion builds on the fund’s thesis, first outlined in 2023, that AI and blockchain would converge, creating demand for programmable, permissionless financial infrastructure.

More details from @Cointelegraph 👇
https://t.co/7hww4yYkHM

[Mr. Edosa @BusinessPlanSMB]

This volatility is exhausting 🥲

Markets swinging $3T on unverified claims shows we're in an era of maximum uncertainty

[The Kobeissi Letter @KobeissiLetter]

This is absolutely insane:

At 7:04 AM ET today, President Trump said “the US and Iran have had productive discussions" to end the Iran War.

By 7:10 AM ET, the S&P 500 surged +240 points adding +$2 TRILLION in market cap.

27 minutes later, Iran completely denied all of President Trump's claims and said there has been "no contact" with the US.

By 8:00 AM ET. the S&P 500 had fallen -120 points erasing -$1 trillion in market cap.

That's a $3 TRILLION swing market cap in 56 minutes, just in the S&P 500.

What is happening here?

[Mr. Edosa @BusinessPlanSMB]

$1.5B in tokenized commodities tells you everything about where institutional money is quietly moving. The Trump weekend playbook won't hide these shifts - decentralized rails don't close for market hours or political theater.

[Coin Bureau @coinbureau]

🚨BREAKING: Hyperliquid now trades MORE oil, gold, and silver than crypto.

Combined HIP-3 open interest surpassed $1.5 BILLION, an all-time high.

The platform is processing more volume in tokenized commodities than digital assets.

The 24/7 advantage is pulling volume from traditional exchanges.