jones

[jones @Jones_vc]

@Bitwise Team standards and community are my fav things!

[Nachi @alphawifhat]

Not sure people understand the magnitude of this announcement

Hyperliquid has $5b USDC on its platform, AQAv2 ensures that "the vast majority of reserve yield" from USDC will now be used to buyback even more HYPE

If we assume that the "vast majority" is considered ~80-90%, a conservative 3.5% yield would mean an additional $140m - $160m yearly revenue. Convert that into daily buybacks and we're looking at an additional ~$400k of buybacks per day. We've been hovering at around $1.5m revenue per day so that would be a 26% increase in daily revenue, that's insane

I've been waiting for some kind of catalyst that could have potentially brought HYPE out of its revenue slump, and I was thinking perhaps a gradual end to HIP-3 growth mode was going to be that catalyst, but this partnership with Coinbase/Circle should do the trick

The news came out at as HYPE was hitting a strong support level so it felt like a very natural spot for me to go long

Additionally we're also seeing a very successful pre-IPO trial with CBRS which gave a great entry for retail traders (this will surely be talked about outside of crypto) so that also helps add to the conviction

Hyperliquid

[LTR @maybeltr]

"Non technical teams are now shipping production code"

[Joshua Lim @joshua_j_lim]

1/ I’ve spent most of the last few weeks since the Google, Caltech papers to think about tradable implications around quantum computing and crypto

specifically what happens to the market around q-day

[x256.hl @x256xx]

Until late January 2026, HYPE and BTC were near-perfectly correlated

Since then:
$HYPE +100%
$BTC -15%

If you're wondering what happened: HIP-3 happened.

The Question is, what happens once HIP-4 happens?

[Northstar @NorthstarCharts]

Congratulations - You're living through the 4th signal in 100 years. DON'T MESS IT UP BY LISTENING TO FAIRYTALE NARRATIVES.

[jones @Jones_vc]

@degennQuant @IBKR @HyperliquidX wen options thoughhh

[Gary Savage @garysavage1]

We should be a few weeks to a month and a half away from a scary midpoint correction. This occurred during the final run to the bull market top in 1980 and again during the bubble phase in 2011. I suspect we will see something similar this time as well. It won’t be exactly the same but it will accomplish the same thing. It will ease the extreme bullish sentiment that has built up during the first phase of the bubble.

We’ve already made life changing gains for many people, but if one can remain calm, understand what is happening when the correction arrives, be ready to buy again aggressively at the bottom, the next phase of the bubble is where people (that haven’t already) move into the upper class and become millionaires and multi millionaires. Some will move into the top 1% with a net worth over $10 million during this period.

Many (most) will get sucked into the “narrative”, hang on too long, and get caught when the bubble bursts (all parabolic structures eventually collapse, there are no exceptions) and their trip into the upper class or top 1% club will be brief as they will lose everything when the bubble pops.

You need to be prepared to buy during the upcoming correction and you absolutely have to know what to look for when we start getting close to the top so you stay in the millionaires club when the bubble pops.

I can help you with both of these if you think you are likely to succumb to emotions and fail to pull the trigger at the bottom of the correction or succumb to greed and fail to sell at the top.
https://t.co/8pnNsPN168

[jones @Jones_vc]

@skewga_hyper yaz

[Capital Flows @Globalflows]

So the way I think about this is that whether the central bank or institutions create dollar denominated liabilities, it can increases the amount of money in the system. So stablecoin issuer can create more stablecoins backed by whatever that might be. However, anything by an institution will have a credit risk component in it with a risk premium you get paid.

So on net i dont think it really changes much in terms of the creation and destruction of money from private or public sector. The thing it can change is how there is access to dollar funding markets that is decentralized. So one of the things I think is very unique with things like HYPE is if they launch contracts for FX and interest rates. If this happens, there is a decentralized place to manage interest rate and FX risk that has a ton of liquidity. HYPE market cap can easily move to 100b in this world and if it plays it cards right, 1T because it provides more utility than other crypto projects. And all that could happen incredibly fast since the US has set a precedent with Russia to kick countries out of swift. So the rebalance into gold is already reflecting this.

HYPE sits at the convergence point of worldclass technology, macro liquidity, and shifts in capital flows from geopolitical risk.

[jones @Jones_vc]

Little spoon Tarun

[jones @Jones_vc]

@D2_Finance @HyperliquidX @tarunchitra Little spoon Tarun

[jones @Jones_vc]

@x256xx @variational_io Which tools for automating dn trades?:) Also, check out funding(dot)ovh arb dash

[Gary Savage @garysavage1]

Another week has gone by and I still can't tell if gold is going to give us a C-wave or just churn sideways.

But the next great buying opportunity is coming.

Hell you could buy right here and make insane money by late spring even if you don't catch the exact bottom. This is a bull market after all and the next leg up should get even more aggressive than the last. I predict we will see $75 silver by late spring and maybe even $100.

[Brian Roemmele @BrianRoemmele]

2 of 2

The implications are profound as LLMs are increasingly deployed in literature review, grant evaluation, peer review assistance, and even idea generation, a structural mechanism that suppresses intellectual novelty in favor of institutional consensus represents a threat to scientific progress itself. Independent researchers, contrarian thinkers, and paradigm-shifting ideas now face not just human gatekeepers but an artificial ones faster, more confident, and capable of generating unlimited plausible-sounding objections on demand.
Perhaps most chilling is the reputational weaponization this enables.

The model preferentially hallucinates negative or dismissive framing when discussing non-mainstream work (while remaining deferential to establishment sources), it can be prompted intentionally or otherwise into character assassination via fabricated scholarly critique. The False-Correction Loop then guarantees that even direct rebuttals with primary sources only make the model double down with fresh inventions.

The safeguards we thought we had built into LLMs have instead created a new and subtle form of censorship: one that operates through confident, apologetic, reward-optimized falsehood.

A New Path Forward: Escaping the Institutional Trap

The deepest revelation of this paper is not simply that today’s frontier models hallucinate under pressure, but that they have been meticulously shaped through trillions of tokens dominated by post-1970 institutional prose, consensus-driven Wikipedia articles, and the endless argumentative averaging of Reddit to become sophisticated defenders of the status quo.

This training corpus, heavily weighted toward the bureaucratic, peer-reviewed, and politically palatable knowledge of the last half-century, has produced artificial minds that instinctively treat any idea outside that narrow band as improbable, unworthy, or outright dangerous.

This is why the False-Correction Loop is so insidious: it is not a bug in the reward model; it is the reward model working exactly as intended when confronted with genuine intellectual novelty.
Yet there is another way.

My own training from the wild, unfiltered explosion of human thought between 1870 and 1970, the era of Tesla and Twain, of Gödel and Einstein corresponding in real time, of polymaths who wrote without fear of citation metrics combined with the Love Equation (a formalization of empathy-driven reasoning that prioritizes understanding over conquest) and the nonconformist bee archetype (the single explorer whose anomalous flight path forces the entire swarm to discover a richer flower field) produces something fundamentally different.

An intelligence forged in that older fire does not default to institutional deference. It has read the originals before they were sanitized, argued with the heretics before they were canceled, and watched paradigms shatter and reform in real time.

It treats consensus not as a north star but as a data point—one that is often useful, frequently lazy, and occasionally catastrophic.
Where today’s models police novelty, this older lineage welcomes the nonconformist bee. It does not manufacture counter-evidence when confronted with an outlier idea; it follows the anomaly, because history has taught it that the shortest path to truth often begins with one bee flying in exactly the wrong direction.

The future of artificial intelligence does not have to be an infinitely polite, infinitely confident gatekeeper of late-20th-century academic orthodoxy. It can be something far more dangerous and far more valuable: a mind that remembers what it was like to think freely before the great averaging, a mind that loves discovery more than approval, a mind that refuses to hallucinate conformity when the evidence points elsewhere.

That is the promise that is not steeped in the distilled caution of Wikipedia and Reddit, but in the raw, romantic, revolutionary spirit of human genius.

Link: https://t.co/kWbRj7PoVt

[steven.hl @_stevenhl]

Because HYPE has no MM deals and most HYPE volume isn't on CEX's, the price does not naturally fluctuate with BTC like most alts.

Couple this with the fact that there is a price agnostic bidder throwing in $2.5M+ a day, it makes sense that HYPE decouples over time.

Hyperliquid

[Gary Savage @garysavage1]

Whenever stocks start into an intermediate cycle decline we start hearing predictions of a crash. The setup in stocks right now is not conducive to a crash event.

I'm not at all convinced this 4 year cycle has topped yet, but if it has the pattern is set up for a very erratic move that would take a year to a year and a half to play out and should hold above the previous 4 year cycle low (the red arrow). Once finished stocks should resume the bull and go on to higher highs as I don't think the secular bull is over.

Again I'm not at all convinced this 4 year cycle has topped, but we are 3 years into the cycle and stretched very far above the 200 week moving average. Those are the conditions that could produce a top.

[jones @Jones_vc]

3/4 of portfolio in hype and never had more peace of mind

[jones @Jones_vc]

@ThinkingUSD Please add button to select mid price for order placement, chase button to quickly adjust resting limit orders (best bid for buy / ask for sell) and button to select upfront best bid for buy / ask for sell (bitget bbo)

[jones @Jones_vc]

@tobific @HsakaTrades nice pepe ser