GarrettZ

cryptographic currency speculator

[GarrettZ @GarrettZ]

It looks obvious in hindsight, but that's survivorship bias. I must have farmed 50 separate projects over the bear market (I actually posted threads on them you can go back and look at) and they mostly either airdropped peanuts or straight up died. But it was all worth it to catch HL.

I started to farm hyperliquid because I really liked the HLP design (I'm not a perp trader). Then my confidence grew over time watching the team and I kept adding/trading spot.

To the new ppl that missed it: try everything, don't get liquidated, make friends to share info with, and eventually if you stick with it you'll catch a big W.

[CC2 @CC2Ventures]

Back when Hyperliquid initially launched, we were so deep into the bear market and prices were so low that 'moon calculation sheets' would stop at $150M FDV.

Still felt like a great farm, but it was anything but consensus early on.

How far we've come

[Kinetiq @Kinetiq_xyz]

Launch by Kinetiq will go live on Wednesday, June 10th.

[DEGEN NEWS @DegenerateNews]

NEW: @HyperliquidX HITS RECORD 7.7% SHARE OF AGGREGATE PERP OPEN INTEREST VS CENTRALIZED EXCHANGES

SOURCE: https://t.co/tExjsX8T0c

[steven.hl @_stevenhl]

With this latest filing, Grayscale’s HYPE ETF is likely to launch this month.

With a 0.29% fee, this becomes the lowest costing HYPE ETF for Hyperliquid exposure.

If you didn’t know, they were able to seed the ETF with 2M tokens, making their ETF the biggest HYPE ETF in AUM.

[Evanss6 @Evan_ss6]

@CryptoHayes @KyleSamani Everyone else might as well forfeit now (this is real btw)

https://t.co/5pd2Yx2fCq

[GarrettZ @GarrettZ]

Congrats on top 10 hypebros!

Apologies to the dogebros (if you still exist)

[x256.hl @x256xx]

Happy $KNTQ ATH to those who celebrate

[Capital Flows @Globalflows]

Hyperliquid Strategies ($PURR ) will have a gamma squeeze in the next 60 trading days (similar to GameStop)🧵👇

$PURR just had its largest day of trading volume, indicating how aggressively investors are establishing positions into the regulatory change for Hyperliquid

On top of this, call open interest for $PURR is surging, as traders buy the OTM tails. Watch very closely because once more OTM calls get listed, it will almost certainly cause a gamma squeeze. Right now, $PURR is the only liquid location to buy OTM calls on Hyperliquid, squeezing into the regulatory acceptance.

There is a massive problem with the calls right now, though. The strikes aren't listed very high. I'll explain this in the next tweet below for you.

[Jack Raines @Jack_Raines]

??

[GarrettZ @GarrettZ]

Get your🍿for this thread

[ZachXBT @zachxbt]

@diogenes @zama @PatagonLLC Why does your TikTok account indicate you may have been friends with Avi “Pedo” Eisenberg?

(I hold zero ZAMA / have zero allocation)

[shaunda devens @shaundadevens]

Bloomberg just put out a piece on Pre-IPO perps. Some things they covered:

-Crypto rails may open pre-IPO access to retail, a market historically reserved for accredited investors and private funds.
-Less than 10% of the global population has direct access to US equities, and access to pre-IPOs is even narrower. TradeXYZ can help collapse that barrier.
-SpaceX perps are already seeing demand, with nearly $18M in average daily volume and >$50M in open interest.
-Cerebras was viewed as early validation of the model, with the perp trading at $340 one hour before Nasdaq open versus a $350 opening print.

Institutions are paying attention.

[Omar @TheOneandOmsy]

Jeff Sprecher, founder and CEO of $ICE (owns the NYSE) on Hyperliquid:
"This Hyperliquid that we're talking -- if you haven't heard about it, it's bigger than NASDAQ, okay? It's 11 people. You look at it, you're like, wow, that's pretty something."

If it wasn't clear before, hyperliquid:native has grown far beyond crypto. The incumbents have noticed, are paying close attention, and even spending time with the team

Bernstein excerpt below and worth the read imo:

[Hyperliquid News @HyperliquidNews]

The SEC has received the Form 8-A12B from @Grayscale for $GHYP (their spot hyperliquid:native ETF), marking the final registration step for Nasdaq.

Listing and trading are expected within 1 to 4 days.

[Markets @Markets_xyz]

Traders now earn kPoints by trading @tradexyz assets

Eligible on both web and mobile app

[Paul Graham @paulg]

The last time this happened it was a disaster for the Democrats. In return for her support, she insisted on a network of key appointments. One was Gensler, who alienated Silicon Valley to such an extent that many founders switched to supporting the Republicans.

[GarrettZ @GarrettZ]

LESGOOOOOO ATHHHHHHHHH

congrats hypebros

[Ryan Watkins @RyanWatkins_]

In the best way possible, Hyperliquid is starting to feel like a radical online cult building a digital cathedral for global finance.

It’s amusing seeing all these centralized crypto companies buy $HYPE to signal alignment to the community as if it’s tribute.

I don’t recall this ever happening with any asset other than $BTC.

Beyond the obvious flows benefit, the practical implication here is that an increasingly wide and powerful network of people and institutions in the crypto ecosystem are all highly incentivized to make Hyperliquid a massive success.

I honestly believe this dynamic wouldn’t exist if Hyperliquid didn’t do a fair launch and rekindle crypto’s original spirit.

My bet is this will remain a compounding advantage for Hyperliquid well into the future.

[jeff.hl @chameleon_jeff]

I spent the past few days in Washington with @hyperliquidpc meeting with policymakers during the historic advancement of the Clarity Act. We discussed Hyperliquid, the benefits that it offers to American consumers, and the regulatory path to bring onchain derivatives markets into the United States.

Some conversations were technical with an impressive baseline understanding of Hyperliquid. Discussions included how onchain trading is a financial innovation that has clear global user demand. Other conversations focused more on a first principles introduction to defi and the promise of onchain markets. It was encouraging to see bipartisan support for thoughtful regulation of crypto. I look forward to continuing discussions in DC and working hard to make American access to Hyperliquid a reality.

[jords @jords]

okay so the hyperliquid announcement is omega giga bullish and there are enough tldr's around for you to read the basics but here are my favourite parts:

- the core team clearly has high leverage even with the biggest players in the game as they secure a deal with extremely favourable terms
- one of the biggest friction points (bridging to HL) will soon be direct through circle's cross-chain protocol
- hard to describe how big of a win this is from a regulatory standpoint just before the clarity act is likely to pass. two of the most scrutinised and regulation-friendly teams just threw a massive amount of reputation and money at HL right before it goes through the senate. that timing isn't an accident
- this deal reaffirms the HL team remains extremely aligned with the growth of the token and redistributing the wealth created on chain back to users
- there are no 'leaks' in the HL team, in crypto it's very common to see tokens outperforming into unknown announcements, $HYPE has been bleeding coming into this announcement
- there is no other chain where increasing TVL feeds directly into token increase, $HYPE now does

this announcement really helps smooth over the bear cases and creates an even higher ceiling for the bull cases

hyperliquid will be the house of all finance and all others will be competing through builder codes

hyperliquid