Great tweet, but surely this shouldn’t be controversial.
For all of the praise given to Hyperliquid, what remains under appreciated is that they applied the transparency of blockchains to a performant CLOB.
These matters would be quickly, and quite trivially, resolved on Hyperliquid
One area of crypto mkt structure that seems very opaque and weird to me still is market maker <> token issuer / foundation relationships. I would guess this is responsible for a lot more issues than it gets credit for.
Feels like in the last year there have been several "our market maker fucked us" stories that just disappear and nobody ever knows what actually happened.
About a month ago, some token crashed like 90% and then the founder wrote some long thread saying "wintermute did it to us" and then nothing happened.
Am surprised there is no solution for this yet: maybe founders should have to publish/disclose the terms of their MM deals, CEXs can formalise some standards which bar listings, or maybe there is some other solution that ppl smarter than me can invent.
I guess you want (1) token buyers have info symmetry on the incentive structure of the MM deal and (2) founders dont keep getting scammed by dodgy MMs or nonstandard agreements.
Pic related.
NEWS: 2nd Neuralink patient Alex plays the first-person shooter game Counter-Strike 2 on his laptop computer using the Link.
Alex playing Counter-Strike 2:
@0xmev@ArkhamIntel non-atomic token data like holder metrics (+ holder connections i.e. are these two whales really one whale)
to be used in tandem w mempool data for trading
https://t.co/ZpJi8x8xsm
Beneath this are the top entities and addresses across all chains that hold this token.
Alongside, is shown the amount of PEPE they hold, and its corresponding USD Value.
Use this to find top team wallets, or interesting whales!
@jasoncbuck@choffstein “You can never go full quant” favorite quote by far 😂
Important point too
You can never be certain of path dependencies, thus effective long vol/tail hedge strategy construction is an art
improving uniV3 integration with direct (batched) storage access, was reverse engineering slot positions for 30 min like an idiot lol
stumbled upon a neat tool, prints a UML of a contract's storage layout (🥂 @naddison )
https://t.co/JVGQWYXPYK
@S3archerAnon Will follow up soon on tech breakdown as I progress (also waiting on the 30 day period for a check to get reach).
Also fear leaking too much alpha too early if I’m actually on to something here
Dms open tho