The genesis event for HYPE will occur at 07:30 UTC on November 29.
Hyperliquid has grown to include the largest decentralised exchange by volume, open interest, and active users. Liquidity rivals the top centralised exchanges. The user experience bridges the seamless trading on CEXs with the self-custodial ideals of a fully onchain DEX. Hyperliquid represents the ethos of crypto and decentralised finance, with the technical innovations needed to bring all finance onchain without sacrifices.
While Hyperliquid has come a long way, there is much further to go. Over the past year, the scope of Hyperliquid has expanded from a DEX to a full financial system.
1. At its base, Hyperliquid is a performant, modern L1. Powered by HyperBFT, a highly optimised proof of stake consensus algorithm, disparate nodes can achieve consensus at 200k transactions per second with ~0.2 second time to finality. As the native token, HYPE will be the staked asset securing HyperBFT.
2. The perpetuals and spot DEX are examples of native components built into Hyperliquid. These components are optimised high-throughput financial primitives with which users and smart contracts can interact. For example, HYPE/USDC will be traded on the native spot order book.
3. The HyperEVM will bring full programmability to native components and general-purpose onchain state alike. HYPE will be the gas token of the HyperEVM.
4. The community includes an ever-growing set of passionate and talented builders. Hyperliquid will serve as the infrastructure layer for the next generation of trustless and performant finance built by the community. Unlike other chains, Hyperliquid features onchain monetization for user applications that is built directly into the protocol. As the native asset of the protocol, HYPE will be a crucial building block for defi applications.
The HYPE genesis event marks a key milestone in the journey, unlocking core functionality at every level of the stack.
For more information, see the blog post: https://t.co/e9aznniUwp
For the Hyperliquid maxis out there, you can use this salt sheet to keep track of HYPE's progress in becoming a top 10 coin.
Many within the community will sell too early. Try to not be one of them. (unless it's literally life changing money, then sell and change your life!)
Rumor is Eth 3.0 announcement this week will be a second merge into a new consensus targeting 1 second block times, SSF and native zkEVM.
Native zkEVM in particular is huge. The gas limit can be eliminated entirely. Builders can build arbitrarily large blocks, since nodes only need to verify the snark. The only scaling limit left would be bandwidth.
From a certain perspective this basically eliminates the need for rollups entirely because the L1 would have arbitrary scalability.
unpopular opinion: all of Ethereum's "problems" would be "solved" if the EF just hired a good marketing department and Vitalik RT'd one great project from the Ethereum ecosystem per week
I have thought through it again and again, and while Solana has some cool things, fundamentally there is no zero-to-one innovation there, it is a smart contract chain with beefier nodes and some cool optimizations, but should not be nearly enough to overcome Ethereum's advantages and more logical long-term roadmap. However, if the FUD and bad price action continues, Solana could 'win' despite Ethereum having every advantage because when new retail comes in, at this point they're going to be buying SOL in droves, not ETH, and this will attract apps, money, more network effects. etc.
The EF needs to *panic* and launch a great marketing operation*now*.
It's literally just a marketing issue, with people not understanding rollup-centric roadmap and its merits and other ecosystems FUDDing that roadmap all day every day (while also copying it under different nomenclature) with no direct rebuttals from Ethereum technical leaders (who are in a Farcaster echo chamber)
Going in a more Solana-ish direction by optimizing the L1 itself will not help ETH price or narrative, it will make it worse imo.
Also there is zero legal reason not to do heavy marketing now that: (1) ETH is irreversibly recognized as a commodity; and (2) Trump will win and all crypto is likely to be low-regulated similarly regardless of marketing or social decentralization levels
Will this happen though? Probably not unfortunately so yeah that is bearish and if I were to recommend to a normie to buy an L1 token right now, it would be SOL not ETH. I'd love for the EF and Ethereum technical leaders to wake up and realize they can have the best design and roadmap in the world, it will not matter if ETH keeps underperforming.
The Hyper Foundation has been established to support the growth of the Hyperliquid blockchain and ecosystem. Today, the flagship application on Hyperliquid is the premier decentralised exchange, part of the foundation for a new financial system. Hyperliquid's order books already provide the deepest and most robust onchain liquidity for a wide spectrum of assets.
With the launch of the HyperEVM, any application built on Hyperliquid will also have access to this deep liquidity and other native financial primitives. For the first time, finance will be performant, liquid, and accessible.
The next step of Hyperliquid's journey is the native token, HYPE. A native token is essential for the HyperBFT proof-of-stake consensus, the HyperEVM, and further developments on the roadmap. As part of the genesis distribution, eligible users can choose to receive HYPE and optionally a Hypurr NFT to commemorate the upcoming launch of the HyperEVM on mainnet. Users must review and accept the Genesis Event Terms on https://t.co/VljplmIB2v before November 11, 2024 23:59 UTC to participate.
Further information about HYPE and the Genesis Event will be shared at a later date.
Was RARE pump pre-planned?
Binance futures listed $RARE on 15th August
But something was happening way before #Binance listing
As per @ArkhamIntel , GSR, which is a market maker, was accumulating RARE aggressively weeks before the Binance futures listing announcement.
Also, SuperRare was just doing $3K-$10K daily volume before the listing
As soon as RARE got listed, it started pumping and is up 200% since then.
The funding rate of #RARE is still -2% while the price is up 100% in the last 24 hours.
Smart money is profiting hugely from this in 3 ways👇
➜ They bought #RAREUSDT on spot earlier
➜ They're long RARE on Binance futures
➜ They're getting paid as the funding rate is negative
I don't know how high this'll go as these coins don't care about TA or FA, but I'm sure that many retailers will get absolutely rekt, just like it happened with $TRB.
The Call of Taiko with @Timelesswallet is live on @galxe! 🥁
Complete testnet warm up tasks to earn points & prepare yourself to claim your Taiko Factions badge 🙌
🔍 Ready to become part of the #CallofTaiko movement?
Start your adventure right here: https://t.co/OUaoA0y1v5
🪂 Moe's Journey Round 2 Airdrop is COMPLETE!
A shared reward pool of 55,000 $MNT has just landed in the wallets of 3350 Moe Journeymen.
The journeying crew has proven their dedication to Moe, collectively earning ~4 million Moe Journey Points throughout the season. Check your wallets now for a MNT reward.
April is the month of the Journeymen 🫡
Let's gooo #FusionXFam 🙌
📣 @Minterest x FusionX Swap, Stake & Earn @Galxe campaign is now LIVE!
💰 Earn guaranteed rewards from a pool of 2000 $MNT
⚡ 50 winners get 20 $MNT each and rest share the remaining pot
🗓️ April 1 - April 10
👉 Enter here - https://t.co/53CYSnS2Py
📣 Minterest x @FusionX_Finance Swap, Stake & Earn @Galxe campaign is now live!
💰 Earn guaranteed rewards from a pool of 2000 $MNT
⚡ 50 winners get 20 $MNT each and rest share the remaining pot
🗓️ April 1 - April 10
👉 Enter here - https://t.co/xWEGFtRRql
If you haven't already go start collecting points for your Red Mystic Potion! Fly to Puff's Penthouse in @methlabxyz and stake!
You will get back any mETH or Puff used in the Alchemy Table!
Every 24h, you will get a new batch of points 👀
But be careful of the Potion Nazi🧑🍳👇
The wait is over 😱
Introducing Mantle Rewards Station — a world of rewards and perks from your fave Mantle Eco dApps await 🚀
Lock $MNT now to unlock 2.5B Shards with the Mantle Sharding With @ethena event 👇
🔒 https://t.co/GrzKLwqKsU
Details: https://t.co/UrmlMMiW60
We're thrilled to announce Lendle’s Ambassador Program!
Calling on all KOLs and brand ambassadors who are skilled at building communities through content creation.
Become a voice for Lendle and enjoy exclusive perks.
Read more ⤵️
https://t.co/7ba4eS1sia