Octave

Defi. Investing. Not a morning person. a gentleman, gentleman and a half. With a pirate, pirate and a half".

[Octave @Octave_0x]

@ideacasino With microshorts like those, what did you think was going to happen you man-slut?

[Octave @Octave_0x]

@ideacasino Live action pic of young thomas

[Octave @Octave_0x]

We have tried orderbook dexes (Hyperliquid, dYdX).

We have tried LP pool + oracle dexes (GMX, Synthetix v2/v3).

We shall now try...

[check notes]

Pool dexes on top of orderbook dexes

[NMTD.HL @NMTD8]

After reading the docs, this seems to be nothing special and doesn't add much to HL.

All trades are "synthetic swaps between user & LP" - No trades are executed on HyperCore.

Then how is it really built on Hyperliquid apart from being on HyperEVM @izebel_eth?

Sounds too risky to be an LP on this, depositors would be taking huge risks.

Whales / malicious actors could open trades with 1000x lev with 0 slippage then drain LP's.

tl;dr this could have been built anywhere, years ago. You could have simply used a CeX oracle & built it on Ethereum or Solana. None of HL's unique tech is utilised. Extremely risky to LP on.

Deploying on HyperEVM only seems to be a marketing tool.

[Octave @Octave_0x]

@AugusteKeufer2 Corbyn, ce Melenchon d’Outre-Manche, faisait exactement la même chose.

Du dog-whistling de haute volée.

https://t.co/2K3J9byxhV

[Octave @Octave_0x]

@richwgalvin And the oracle is some old italian nonna who knows what the MEV-resistant price of a wheel of Parmesan is at any time?

[Octave @Octave_0x]

@maxboonen @levelsio The masses demand to know what the hair product is :)

[Octave @Octave_0x]

The Call of Duty: Black Ops remake of this Maduro takedown is going to be absolutely lit.

[Octave @Octave_0x]

Port Arhur Massacre-levels of historical significance.

History unfolding in front of our eyes

[jeff.hl @chameleon_jeff]

Those who can, do
Those who can't, fud

Before writing a paper maybe learn the definition of what you are studying? ADL does not "transfer pnl to HLP." It treats HLP entirely symmetrically with users. **ADL has nothing to do with HLP or backstop liquidations**

ADL did not "destroy $653 million of pnl" either. If you don't understand what you're talking about, you are not qualified to spread lies masked by fancy ML terms to sound smart. It's a shame that these are the "academics" that the industry looks up to.

[Octave @Octave_0x]

@holland_tom @TheRestHistory How has the jet lag been?

Any why is it Prince Harry or John Lennon's fault @dcsandbrook ?

[Octave @Octave_0x]

@synthetix @Web3Feng @DegenPing @gmoneyNFT @bodhi_ventures @Makarid @blknoiz06 @farokh

[Octave @Octave_0x]

@crypto_condom ‘Be a more serious industry!’
…says Crypto Condom

[Octave @Octave_0x]

@synthetix @CryptoKaleo

[Octave @Octave_0x]

@ImperiumPaper You mean ‘never bounced off someone he can fire’? As in a hermetic ring of sycophants around him so that solid viewpoints never make it through?

[Matteo Franceschetti @m_franceschetti]

The AWS outage has impacted some of our users since last night, disrupting their sleep. That is not the experience we want to provide and I want to apologize for it.

We are taking two main actions:
1) We are restoring all the features as AWS comes back. All devices are currently working, with some experiencing data processing delays.
2) We are currently outage-proofing your Pod experience and we will be working tonight-24/7 until that is done.

More updates soon.

[Octave @Octave_0x]

@Galois_Capital Isn’t it also the case that the ethena short position will in general be quite far down in the ADL queue any way? (Little/no leverage, low or negative uPNL / equity?)

[Octave @Octave_0x]

@chainyoda Shame on Aave, Morpho, Sky et al of having chased the sUSDe/USDe looper TVL, and the ENA farming TVL, to such an extent extent that they made USDe too big to fail.

If USDe depegs, it should have been Ethena’s problem. Now it would be so bad that we pretend it can never happen

[Barry Malone @malonebarry]

Man, when The Onion hits, it HITS.

[Octave @Octave_0x]

@antoniogm @Valen10Francois If you come to the Baie de Morlaix (btw Paimpol and Brest) you will have a big admirer ever since your podcast days who will be happy to show you around a little.

Carantec, Plougasnou, Locquirec all great towns.

No foreigners. No parisians. No mercy.