MercedHees

alt coins w/ pictures and internet friends @GomaFanClub @Wumbolabs

[NiftyNoon Newsletter 🌐 @NiftyNoon]

https://t.co/xXulpKzsxL

[DEGEN NEWS @DegenerateNews]

BREAKING: @HyperliquidX FLIPS @solana IN STAKING MARKET CAP - PER @StakingRewards DATA

SOURCE: https://t.co/mXRVEnHXC6

[MercedHees @HeesMerced]

hyperliquid:native

[MercedHees @HeesMerced]

@Debussy100 200k 🤣

[jords @jords]

+1 to this

i was absolutely balls deep in SOL during most of the two previous runs, was the only ecosystem i knew and most of my net worth was in the token

this hype run feels v similar from an in group / out group point of view on CT. it is extremely obvious who is sidelined and who is enjoying

ppl wanted to just categorise solana as a shitty chain for poor ppl with bad investors that goes down all the time, but the economic activity and the dApps told a much brighter story

i had a friend who i even gave SOL to in 2022 and started a phantom to try get him to understand and he didn't even use it bc he was so convinced solana was shit

now ppl with hype are saying the same shit. it's just a DEX, where's the moat, regulation, hacking risk, competition

the worst thing you can do in crypto is have an unfalsifiable thesis, for those who were conservative on regulation imo you were somewhat falsified with the circle / coinbase announcement, or at least risk reduced. that was a signal to change thesis and still get a good entry, but many were already stuck in their opinion

the same is true with the perps approval in the US, that was a signal but those already stuck somehow paint new competition as bearish

there is finally a good product in crypto that is seeing mass adoption and literally disrupting global trade, if you're in this industry you want to see this product win

the other main thing ppl are midcurving is that whether a token goes up or down is solely determined by the buyers vs the sellers. there is substantial buy pressure that is hard-coded into the token and holders are still reluctant sellers, it does not take as much demand as you think it does for this thing to continue to send

if you don't own the coin, the very least you can do for yourself is to try not short it. there is a treasure trove of overvalued assets that deserve to be shorted, but the strongest asset of this year is not one of them

you may have missed out on the opportunity to make money but there's no reason to lose money on rage shorts

there is no hype beta

i love u

[zoomer @zoomerfied]

[ ZOOMER ]

THE CFTC APPROVES PERPS TO OPERATE AND BE OFFERED TO US USERS: FILING

[MercedHees @HeesMerced]

@coinbilly @BabaBrouk 🐐

[MercedHees @HeesMerced]

@fey_xbt 🤣

[MercedHees @HeesMerced]

@WatcherGuru

[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.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The SEC is set to release its so-called "innovation exemption" for tokenized stocks which will pave the path for trading digital versions of securities, per Bloomberg.

Details include:

1. In a "surprise move," the SEC is leaning toward allowing the trading of tokenized assets

2. These tokenized assets would be tradeable on decentralized crypto platforms

3. The move could "reshape the landscape of the American stock market"

4. This would also be one of the US' biggest shifts into crypto infrastructure yet

Tokenized assets are rapidly expanding.

[Sam @0xCryptoSam]

SpaceX pre-IPO trading could very likely be another breakout moment for Hyperliquid.

HYPE ran up 70% from $22 -> $38 when SILVER was trading billions in daily volume earlier this year.

Now imagine how much attention Hyperliquid could get when it's the primary venue to trade the largest, most news-driven IPO of all time.

A potentially pivotal moment for Hyperliquid and all of perps.

[Zky @TimHallCH]

Price dump 10% on the @zoomerfied tweet, but the article is a real goldmine. Bullish.

"Michael Selig, chairman of the CFTC, said at a conference in early May that Hyperliquid could “end up influencing the spot market price or the futures market price on our registered platforms.”

"Several traders told Bloomberg they watch weekend trading on Hyperliquid for cues on where prices may open"

"Don Wilson, the founder of DRW, a Chicago-based high-speed trading firm with more than 2,000 employees, said in an interview that his firm transacts on Hyperliquid through employees based abroad. He said that its growth will likely force the exchanges to change their business models."

"While the traditional exchanges have been raising concerns about Hyperliquid, US officials are also investigating suspicious activity on their platforms. The CFTC is probing well-timed trades in oil futures on CME and ICE’s platforms,"

Hyperliquid.

[optimist @optimist]

https://t.co/2MXNHDa5d9

[Sam @0xCryptoSam]

This is the most unique perps exchange design I've seen in a while. Particularly because of the $PAPER mechanism.

Here's how it works:

> @papertrade_xyz is a synthetic perps protocol on HyperEVM without fees, funding, or slippage.

> If you lose a trade, your full margin goes to the LP. If you win, you get paid but the protocol takes a fee on your gain - the fee is smaller for big moves, bigger for tiny moves. That haircut is the protocol's only revenue.

> The LP starts at $0. It fills purely from trader losses. If the LP can't pay a winner immediately, the payout enters an onchain FIFO debt queue and gets paid as the LP refills.

> Losing traders receive PAPER tokens. The lower the LP balance, the more PAPER you mint per dollar lost.

> PAPER can be staked to earn USDC dividends - a continuous cut of LP revenue. Once the LP exceeds $5M, all surplus gains go entirely to stakers.

> When the LP is low, emissions are high, so this is theoretically the time to accumulate PAPER cheap (also the riskiest period - if volume dries up, the LP doesn't earn any revenue and the whole flywheel breaks).

> When the LP is high ($5M), dividends are high, so this is theoretically best time to be staking.

> With sufficient volume, both states create buying/holding pressure on the token.

-----

Holding/staking $PAPER is essentially betting that traders will lose against the house, which is arguably one of the most reliable bets you can make (and a good hedge if you're a degen perps trader).

[MercedHees @HeesMerced]

@DeeZe

[MercedHees @HeesMerced]

@DailySportsGeek @coinbilly @9ism_ 👀

[MercedHees @HeesMerced]

@DeeZe The profit mercenary that hates on others for taking profit .. we are definitely back

[Hyperliquid News @HyperliquidNews]

Outcomes (HIP-4) are now live on mainnet.

[trade.xyz @tradexyz]

Introducing Pre-IPO Perpetuals (IPOP).

The weeks before an IPO are some of the most consequential in a company’s price history, and historically, the least observable. Private market quotes are stale and gated and Public markets haven’t started trading yet. Peak interest coincides with an absence of prices.

We’re introducing IPOP markets on XYZ to change that.