Mercury · $MRCY

Liquid metal, mined on HyperEVM.

[Mercury · $MRCY @MRCYsupply]

The first ever round is live.

Mine $MRCY at https://t.co/4nnQETHrmh

[Mercury · $MRCY @MRCYsupply]

@y_cryptoanalyst MAKE HYPEREVM GREAT AGAIN

[Mercury · $MRCY @MRCYsupply]

@HYPEconomist MHGA

[Mercury · $MRCY @MRCYsupply]

Scrap that brother we're mining $MRCY and vibing on HyperEVM now

[as required. @0xasrequired]

hyperEVM has was never meant to be a general purpose EVM for HYPE defi

hyperEVM was meant to be a general purpose EVM for composing with hypercore

if a smart contract does not use corewriter or read precompiles, it should not be on hyperEVM because hyperEVM is an awful general purpose L1 due to the 3M gas limit

the problem with this is

1) corewriter/precompiles docs are abysmal, as per HL tradition, so no one knows how to build with them

more than that, because system address transfers are not atomic (swapping one hyperEVM token to another hyperEVM token via corewriter is 4 corewriter txns), corewriter swaps are almost always worse than swapping on an AMM

so, while in principle AMMs should have no place on hyperEVM, corewriter is just not a good enough replacement

this is why fully onchain spot orderbooks are much more power on general purpose chains (like @ArcherExchange_ on @solana) than on appchains, like hypercore

so far, the only successful application of corewriter has been for LSTs by @Kinetiq_xyz and later @ValantisLabs

and the only attempt at using read precompiles I’ve seen is @izebel_eth’s @papertrade_xyz

2) hyperEVM has been and is grossly neglected by the HL foundation

this is either because they were just busy with HIP-3/4 and portfolio margin, or they just don’t care about hyperEVM

I was of the opinion that it’s the former for a long time, then I became convinced in the latter as hyperEVM completely died, but @chameleon_jeff’s discord message today suggests it’s the former again

maybe after HIP-4 takes off and portfolio margin exits alpha, they’ll turn their attention to corewriter, or maybe they’ll put it off again to do options or block trades

ultimately, corewriter required TLC from @HyperliquidX to improve the devex and incentivise builders and adventurous smart contract builders, like those of @AndreCronjeTech’s ilk from defi summer 2020

unfortunately, smart contract experimentation has largely died after 2021 and I can’t see much appetite for it in the future with mythos in the wild

[Mercury · $MRCY @MRCYsupply]

@MelioHL @mk4_lul $ORE FORK GOES BRRRRRRRRR

[Mercury · $MRCY @MRCYsupply]

@oladanx @mk4_lul bro I've been doing pain marketing the whole day just check what we've done for HyperEVM thx i love you muahhh

[Mercury · $MRCY @MRCYsupply]

@Foreskinnnnn @mk4_lul You're still early for a few days.

$MRCY

[Mercury · $MRCY @MRCYsupply]

@HYPEconomist @mk4_lul you already know it ngl

[Mercury · $MRCY @MRCYsupply]

@0xSearchie @mk4_lul hmm.

[Mercury · $MRCY @MRCYsupply]

@mk4_lul Hello there.

👀⛏️

[Mercury · $MRCY @MRCYsupply]

@_LetMeDo_ @HYPEconomist LETS GET ITTTTTTTT

[Mercury · $MRCY @MRCYsupply]

@HYPEconomist @_LetMeDo_ and we're doing ours.

check us out big fella.

[Mercury · $MRCY @MRCYsupply]

@HypedLaunches boringggggg

[Mercury · $MRCY @MRCYsupply]

@0xLcrgs @Kinetiq_xyz @hyperlendx @Morpho uhhh so corporate so boringggggg.

where's the fun in HyperEVM?

[Mercury · $MRCY @MRCYsupply]

@iam_rekt_ So is it showing how dry the chain is?

[Mercury · $MRCY @MRCYsupply]

@_LetMeDo_ LET'S BRING SOME FUN TO THE HYPEREVM THEN.

Come and use some $HYPE to mine $MRCY

[Mercury · $MRCY @MRCYsupply]

@Claysaico @HyperliquidX faster chain faster mining.

LFG

[Mercury · $MRCY @MRCYsupply]

@0xKmafia SHOULD WE START AN HYPEREVM SZN???

Get in the mines. Get some $MRCY

[Mercury · $MRCY @MRCYsupply]

@SipaAirdrop Jeff hate every EVM project unrelated to HyperCore...

But here we are. Mining $MRCY with $HYPE.

[Mercury · $MRCY @MRCYsupply]

@miracleuvw WE'RE BORED BUT WE'RE MINING $MRCY.

Life is good.

[Mercury · $MRCY @MRCYsupply]

@0xasrequired jeff doesn't want us here. perfect, let's keep going.

$MRCY