C A R L O S

Delivering timely alpha from the Top 1% of traders on #Hyperliquid. Unlock edge in Crypto and AI —monitor real-time whale flows with conviction. NFA.

[C A R L O S @Carlos0xAI]

⚠️ NOT FINANCIAL ADVICE 📷 Posts are for informational and educational purposes only and are not financial advice. Trading crypto and other digital assets is extremely risky and can result in very significant capital losses.

[duelingGalois (δ, γ) @duelinggalois]

I am very proud to announce that we have launched the @ammalgam protocol.

I have spent the last 4 years building a simple idea, a dex coupled with a lending protocol to create capital efficiency for dex liquidity providers, and the utility to borrow anything.

There is a lot to say from a technical perspective about the construction of various elements of the protocol. It is complex, this was the cost of building something that can theoretically support borrowing on any token. Decoupling off-chain crypto trading data from lending markets is a critical step to unlock decentralized finance.

Some critical features:
- Dex trading assets are automatically lent out in the integrated lending protocol to earn swap fees and lending fees
- Dex trading assets can be used as collateral to borrow against, unlocking neutral, long, and short market making, and leveraged liquidity.
- Leveraged market making is similar to concentrated liquidity in its effect, but uses borrowed assets rather than a protocol mechanism
- Users can borrow dex liquidity shares to allow for turning impermanent loss into impermanent gain.
- liquidity is fungible allowing for both simpler math for borrowing calculations and easier matching of users needs, similar to the advantages of perps over options.
- Swap fees scale with price change impact rather than swap size to allowing for algorithmically pricing informed vs uninformed order flow to the dex. Additionally making it expensive to manipulate the price
- A series of protections are in place to protect the concept of price from manipulation, using a price range from multiple twap lengths and spot price, pricing assets with the worst price in that range for ltv calculations, and limiting recorded prices in the twap to move 10 ticks per block to ignore outliers.
- Each new loan is checked for its impact to liquidation risk by bucketing the price curve into 25 tick tranches and capping how much potential liquidation risk can be supported in each tranche by pool swap reserves in case of cascading liquidations.
- Debt spanning multiple tranches can be liquidated in chunks, one tranche at a time using a dutch auction that increases the premium as the ltv of that chunk increases. This ensures that massive loans are not at risk of destroying the price by being liquidated all at once (👋 @newmichwill).

Perhaps some will say that the design and concept we put forward is similar to something else. This is likely true in many facets of what we built, we surveyed everything that has been built and took ideas from everywhere, this wouldn't be possible without the free sharing spirit of open source code. As such all contracts are open source and available to view on etherscan.

We spent a tremendous amount of time and effort working to fix all the issues we could find. Perhaps it was enough effort, perhaps it was not. Today marks the start of the final audit and the start of our ability to find product market fit. Today ends one chapter and start the next.

I am looking to get in touch with:
- Creators of tokens
- Vault operators
- Providers of on chain market making liquidity
- Anyone who has used a lending protocol before on chain
- Swap aggregators
- Searchers
- And anyone else who is curious about how to leverage what we built

[C A R L O S @Carlos0xAI]

@socialwithaayan Here's a problem worth solving and adding new knowledge to "how might we get the AI to push the frontier on its own while keeping it safe for human interactions"

[duelingGalois (δ, γ) @duelinggalois]

https://t.co/eC9VJ1q0B4

[Figure @Figure_robot]

Introducing Helix 02

It's our most powerful model to date - it's using the whole body to do dishes end-to-end and it's fully autonomous

[C A R L O S @Carlos0xAI]

@elonmusk Clearly there's a way to do it and a way not to do it. It's called incompetence.

[C A R L O S @Carlos0xAI]

@elonmusk Not a conspiracy but a lack of competence.

[C A R L O S @Carlos0xAI]

@elonmusk Using a "peaceful" image to make a highly provocative, divisive point is an irony in itself.

[C A R L O S @Carlos0xAI]

@DeItaone Soon™

[C A R L O S @Carlos0xAI]

@aiwithjainam “The world has changed, Washington has changed. There is almost nothing normal in the U.S. now and that’s the truth,” Carney said in French in Parliament on Tuesday. Sad, but true.

[Trae Crowder @traecrowder]

How can anyone possibly defend what ICE/Border Patrol is doing?!

[C A R L O S @Carlos0xAI]

@JDVance How low can we go?

[The Atlantic @TheAtlantic]

"Recent events have brought Trump’s governing style into sharper focus," Jonathan Rauch argues. "'Fascist' best describes it, and reluctance to use the term has now become perverse." https://t.co/XGWCH0Ipi2

[C A R L O S @Carlos0xAI]

@JDVance Glad to see your back to blaming others for their actions instead of taking responsibility like a true leader.

[C A R L O S @Carlos0xAI]

@DrJStrategy Interesting that this blames 1980s Liberals for a fiscal crisis that peaked under Mulroney (Conservative PM 1984-93). Reagan tripled US debt. Canada's actual recovery came via Chrétien/Martin fiscal discipline. History is more useful when you include all of it.

[Lionel Page @page_eco]

Excellent, lucid analysis by Francis Fukuyama.

[C A R L O S @Carlos0xAI]

@SecDuffy You got that right #lemmings

[Bea Bruske, CLC President @PresidentCLC]

Back to calling Canada’s Prime Minister a governor. Threatening 100% tariffs.
Flirting with separatists.

This is a direct assault on Canada’s sovereignty.

Appeasement doesn’t work. Ever. You don’t manage a bully. You confront one.

Canada’s workers will stand up to this bully.

[C A R L O S @Carlos0xAI]

@elonmusk @TRHLofficial Or the penguin is actually a symbol for the lemming, and you're all following the lemming off the cliff

[C A R L O S @Carlos0xAI]

@Clay4MainStreet Or just really poorly trained officers who don't know how to handle protesters following bad commands from even lousier leadership. Call it what it is.

[C A R L O S @Carlos0xAI]

@TheBrancaShow The proper training of federal agents in these situations matter - and people like yourself are hiding it. Bringing in agents who have no idea how to properly handle protesters is a danger to the public as demonstrated by these avoidable killings.