Launch perps. Own the fees.
We're partnering with @Kinetiq_xyz to bring the first HIP-3 launchpad to life!
https://t.co/9v50aQWk6Y will list directly on Kinetiq's @Markets_xyz exchange, becoming the exclusive Co-Deployer.
More details below.
Vibe Trading Ep.31 w/@Larpseidon from @Perpsdotfun
we go in depth on how they are letting anyone launch their own perps markets.
also live on https://t.co/iLDz616wFK
0:00 intro
2:40 launching your own perps
4:40 fee split on HIP3
6:00 details of launches
7:40 risks
8:45 types of long tail perps
9:20 oracle challenges and risks
11:00 pivoting as builders
13:55 learning from experience
15:00 what makes good apps
18:40 HL eco and MU
21:00 profit taking and equities trading
24:00 crypto in Russia
28:00 current market thoughts
31:00 forming his team
Three gates kept new perp markets locked.
1. Exchanges controlled listings.
@HyperliquidX's HIP-3 removed that.
2. But HIP-3 capital-gated deployment.
@Perpsdotfun & @Kinetiq_xyz are removing that.
2. Oracles gated what markets could exist.
$SEDA is removing that gate.
We welcome @Perpsdotfun who'll deploy their perps exclusively on @Markets_xyz
This is a landmark milestone for permissionless listings of any asset, enabling perpetual futures on anything.
Once Markets transitions to USDC, @Perpsdotfun will list directly on Markets (mkts).
Launch perps. Own the fees.
We're partnering with @Kinetiq_xyz to bring the first HIP-3 launchpad to life!
https://t.co/9v50aQWk6Y will list directly on Kinetiq's @Markets_xyz exchange, becoming the exclusive Co-Deployer.
More details below.
Kinetiq will support KIP-3: Launch, enabling permissionless LST deployments with optional HIP-3 and HIP-4 opt-in for qualifying stake. This has been one of the most requested features since Kinetiq's inception.
Prospective HIP-3 deployers will be able to crowdsource the HYPE needed to launch their own DEX, without deploying or managing their own LST, and its corresponding infrastructure and security.
Launch is not limited to just aspiring HIP-3 / HIP-4 deployers. Validators, communities, and DeFi protocols of any kind will be able to launch their own LST, unlocking capital efficiency and composability for HYPE that would otherwise sit idle on HyperCore. Launch Deployers retain full control over validator selection for their underlying stake delegation.
This creates an entire new stream of revenue for deployers of permissionless LST's, who can collect a portion of staking rewards on top of providing several DeFi opportunities for their communities.
Kinetiq will earn 10% of the deployer share from every bonded DEX in perpetuity, making it the cheapest, fastest, and most aligned path to market for any deployer. This aligns Kinetiq with the success of deployers as the protocol generates no returns unless deployers do.
100% of revenue from Launch is used to programmatically purchase KNTQ from the open market (via HyperCore) and is distributed entirely to sKNTQ stakers.
Anyone will be able to deploy an LST on Hyperliquid without permission or gatekeepers, with full optionality to graduate into HIP-3 and HIP-4 as stake grows. This is a foundational primitive for Hyperliquid's DeFi ecosystem, and unique to the Kinetiq protocol exclusively.
Further documentation will be shared upon launch.
We lied when we said "Launch perps for $0."
Ticker costs? You asked. We kept it from you.
Today we're fixing that.
Introducing the https://t.co/9v50aQWk6Y App (Alpha release):
Propose → crowdfund → launch
Live now at: https://t.co/s1saD4Xrqt
More details below!
Today, we’re proud to announce the torch has officially been passed from the trenches to futures.
The decision to keep ‘perps’ and ‘fun’ was an easy one.
1) ‘Perps’ are perpetual
2) HIP-3 is getting more ‘fun’ by the day
We’d like to thank everyone for their support and optimism as we head into @Kinetiq_xyz Launch.
From all of the team at https://t.co/swbeGIcxvM, thank you.
As one of the leading crypto companies, we care deeply about innovation.
With innovation comes change - sometimes unwelcome change. In a rapidly evolving world, it's important that the pump fun brand stays not only in touch with culture, but continues to shape it.
As of recent, it has become clear that the ‘pumpdotfun’ brand is no longer true to our identity, nor our users or the culture which shaped it.
Today, we’re proud to announce a new chapter in our journey as we rebrand to dot: a brand without ‘pump’ or ‘fun' - a brand that stays true to itself.
The decision to drop ‘pump’ and ‘fun’ was not an easy one, but a necessary one if we wish to stay in touch with our culture. This decision was made because:
1) Coins no longer ‘pump’ as they once did
2) The ecosystem is not as ‘fun’ as it once was
We’d like to thank every single one of our users for helping shape the legacy pump fun brand into what it is today, and for those who’ll shape our next chapter as we continue to evolve as the leading coin ecosystem on the internet.
From all of the team at dot, thank you.