Arthur Hayes

Arthur Hayes, Co-Founder of BitMEX & CIO @Maelstromfund

[Arthur Hayes @CryptoHayes]

NEW interviews from Maelstroms Chief Arthur Hayes The latest insights on Digital Assets Financial Markets and Web3 IssueWire https://t.co/Jigvwqx5vZ

[Duncan @FloodCapital]

GM @elonmusk did you know anyone in the world with a crypto wallet can trade options right now on $SPCX, expiries that don't even exist on the NASDAQ like 0DTE's! Trade now on Hypercall by @SynapseProtocol

Could be really interesting for your global fans like @BeerBicepsGuy's audience, India loves options!

I am currently better $SPCX price will be above $160 by July 3rd!

[Arthur Hayes @CryptoHayes]

I still want to be long the Hyperliquid ecosystem but I need some asymmetry. It’s time for an options dex to properly take on Deribit. Hypercall, owned by $SYN, is that challenger. Let’s see if they can cook.

[Arthur Hayes @CryptoHayes]

DYOR - but I found this pretty compelling

[Duncan @FloodCapital]

ethereum:0x0f2d719407fdbeff09d87557abb7232601fd9f29 is the most asymmetric investment I have seen in crypto since hyperliquid:native at $2 USD, here are the highlights (1000X to $HOOD market cap):

1) An $81M FDV represents a potential 37x upside to the closest crypto competitor (Deribit was sold to Coinbase $COIN for $2.9B) and a ~300x upside to the $CBOE which has a 30% market share of the US options market. I believe these comps are reasonable and lean more towards the CBOE being the target comp because Deribit only has 7 crypto assets listed vs Hypercall can list US equities and provide options globally to crypto wallet holders.
^ this is absolutely huge, India, a market that loves options, trades over 5T notional volume a day and they are desperate for US equity AI exposure, Hypercall taps into the GLOBAL options market)!

2) Extremely liquid and accessible to US and Asian investors: $SYN is listed on major global exchanges like Binance and Kraken, the token has traded $50-200M in spot volume every day for the last week. It also has an extremely liquid perpetual futures market, having traded 500M-3.5B tokens every day for the past week ($40M-1B in daily USD volume).

3) No VCs/unlocks - $SYN never raised any private VC capital and has no upcoming unlocks with 88% of coins circulating and ~12% of coins in the treasury. They are using the treasury coins for select options market making deals to bootstrap options maker liquidity on the platform.

4) Extremely well distributed: Given $SYN reached a ~$725M marketcap during the 2021 cycle off the back of its frontier bridging tech, there are a large amount of crypto users who hold $SYN estimated by coinmarketcap (owned by Binance) at ~280K holders. This is extremely important to tap into the crypto Hivemind and also acts as a stimulus cheque to ~280K holders who had written off $SYN to near zero before launching Hypercall. We have seen this wealth creation event create extremely vibrant and tribal communities which drive social media engagement and product usage (ripple:native , hyperliquid:native , etc).

5) Token only governance structure (no competing equity): There is no equity component to Hypercall, all future cash flows will be governed by $SYN via the DAO. Eventually large holders like ourselves will coordinate with the team and other large holders to propose a buyback structure similar to $HYPE where 80-90% of fees generated on the platform are used in an assistance fund model to conduct automated buybacks.

6) Trade options on any asset in the world, expiries that are not available anywhere else (for example $SPCX ODTE's - not available on $NDAQ ).

7) Very lucrative 2bps maker, 5bps taker on NOTIONAL options size (capped at 12.5% of option premium).

8) Chad team @trajan0x @AureliusBTC who built the Synapse bridge and processed over $50B in volume across 25 chains and +2M wallets.

(Also $HYPE bulls should love this because hedging volume takes place on Hyperliquid. When users buy calls/puts on Hypercall (@SynapseProtocol) options market makers must hedge their deltas on @HyperliquidX generating tons of volumes & fees further driving $HYPE buybacks).

DYOR, not financial advice just sharing my thoughts.

[Austin Lieberman @LiebermanAustin]

This conversation was like a train wreck in slow motion.

Uncomfortable to watch but you also can’t stop watching it.

[Arthur Hayes @CryptoHayes]

Sending some good vibes to the bull market gods.

[邦妮區塊鏈 Bonnie Blockchain @TheBonnieChang]

Arthur Hayes (@CryptoHayes) : "I Sold Everything." Here's why.

He reveals his 3 bold predictions:
-Scenarios that could trigger an AI bubble burst
-The timeline for the crash
-How Trump’s midterm strategy could trigger a massive selloff

Arthur Hayes (@CryptoHayes) 為何已經清倉AI股票跟加密貨幣，現在選擇空手？

本集我們討論：
-AI泡沫終將破掉的三大原因和時間點
-科技公司的狂熱估值注定無法延續
-川普可能為了期中選舉，做出讓人無法理解的決策。

這集聽他的三大預言，精采佐證論述！

👇🏻MUST WATCH

[Arthur Hayes @CryptoHayes]

Trump is already starting to throw the AI tech bros under the political 18-wheeler. Politics > Shareholder Returns!!!!

[Lukas Ruppert @lukasruppert]

there is no 28.8M CARDS unlock - tokenomist data is WRONG

there will be a regular pre-seed unlock, which has been happening for months throughout the whole run-up. visible onchain

seed, team, and advisors remain 100% locked

rare for a token to 10x and still have sentiment at the lows. bullish

https://t.co/XntImbsMxc

[New Era Finance Podcast @new_era_finance]

"I like to play sports and go to the club and hang out with my friends and drink wine. I'm not trying to sit here and analyze every report and look at the chart 24/7."

@CryptoHayes has made some of the biggest macro calls in crypto. Founder of BitMEX, one of the most-read voices in the space, and a trader who built his reputation on liquidity-driven bets.

So how does he do it without burning out?

By not living in front of the screen.

His whole approach is built on patience and asymmetry: wait for the rare setup where the odds shift massively in your favor, place the bet, and then go live your life. You don't need to watch the chart every minute. You need to be right at the moments that matter.

"If you got 2008 right and you killed it, you could have gotten every single next investment wrong. But you're still rich. And there's many people like that."

One big call can define a career. The rest is just noise.

Full episode on New Era Finance 🎙️

[CoinDesk @CoinDesk]

NEW: @CryptoHayes rejects claims he dumped on followers when he sold his $HYPE position, and emphasized that he's simply sharing his market views. "Do your own research."

[ThematicMarkets @ThematicMarkets]

@CryptoHayes explains how the color of your passport shapes your views on Bitcoin.

Watch the full discussion here: https://t.co/ZvVPZlsoOh

[Jebus @Jebus]

Why does he always look like he just got back from hot yoga?

[CoinDesk @CoinDesk]

Is CARDS one of the most undervalued protocol in crypto right now?

@CryptoHayes thinks so, and he's making it his highest conviction trade of the week.

@jennsanasie brings you 10X, presented by @krakenfx Pro.

[Arthur Hayes @CryptoHayes]

The ticker is $CARDS degens. The thesis is solid. The price will be pamping!

Yachtzee bitches 😘😘😘😘😘😘😘

[Maelstrom @MaelstromFund]

https://t.co/BhcKbfD0k7

[Bankless @Bankless]

INTERVIEW: @CryptoHayes - The AI Crash That Could Send bitcoin:native to $1M

Arthur thinks the AI trade is sucking the oxygen out of crypto, and the real opportunity may come after the AI bubble cracks.

Inside the episode:

- AI CapEx mania
- Why ethereum:native looks cheap
- Oil as the macro bear case
- “The Fed can’t print Moore’s Law”
- How an AI credit event could send money back into crypto
- Why @HyperliquidX can challenge @binance
- Why the inventor of perps says not to use leverage

---
TIMESTAMPS

0:00 Why Arthur Sold HYPE, NEAR and ZEC
4:26 The AI Trade Starts to Look Crowded
6:25 How Arthur Is Positioned Now
7:15 Crypto’s Strange Market Dispersion
11:09 Oil, Iran and the Fake-Out Risk
14:16 Why the Iran Deal May Not Be Durable
17:29 Can AI Survive Higher Oil?
21:20 The AI Bubble Thesis
26:11 China’s Cheap AI Threat
30:38 The Credit Event Arthur Is Watching
35:51 The 2028 Perfect Storm
39:45 Why AI Is Draining Crypto’s Bull Market
44:28 Arthur on Inventing Perps
48:11 Why Perps Could Eat Wall Street
51:18 Socialized Loss Explained
53:21 Onshore vs Offshore Perps
55:50 Why Hyperliquid Can Flip Binance
56:30 The Perp Inventor Does Not Use Leverage

[CoinDesk @CoinDesk]

🎥 @CryptoHayes predicts the AI bubble will burst within the next few years, but says: "At the end of the day, if the music's playing, you gotta dance."

[CoinDesk @CoinDesk]

@CryptoHayes joins @jennsanasie on Markets Outlook to respond to the HYPE selloff drama, break down the new Fed chair's first move, and share his outlook on Uniswap, Solana, and the AI bubble.

00:00 - Arthur Hayes Joins Markets Outlook
01:30 - Arthur’s Reaction to Michael Saylor News and Strategy Business Model
02:59 - When Does the AI Bubble Burst?
03:56 - New Fed Chair Warsh's Task Forces & What It Really Means
06:58 - Uniswap & Standard Chartered's $100 Price Target
08:06 - Responding to the HYPE Selloff Drama
09:24 - HYPE vs. SOL: Which Wins?

[Arthur Hayes @CryptoHayes]

@TylerDurden Meow, just DM me on X

[Bankless @Bankless]

EARLY ACCESS: "The Fed Can't Print Moore's Law" - @CryptoHayes

🟢 Out now for Bankless Premium subscribers
📅 Out on public feeds Monday, June 22

Sign up for early access & the ad-free version now 👇

https://t.co/8Vx1ecpfHO

[Arthur Hayes @CryptoHayes]

Fed chairperson Warsh needs a “task force” to tell him how to reform the Fed when he spend the last 16 years lambasting them. Queue up some Prince, “When Doves Cry”. Ain’t nothing changing . Brrrrr bitches !!!