If you haven't heard, @HyperliquidX will be the default trading venue for our public launch!
This means no gas fees.
This means lower trading fees.
This means more reliable execution.
Hyperliquid.
Our team has been thinking really hard about how Cod3x can help improve crypto market structure.
While there's not much we can do about over-valued altcoins, there's a ton of work we can do to bolster on-chain liquidity.
1. CLOB + MMs (TradFi)
2. AMMs (DeFi)
3. ???? (AIFi)
Writeup coming soon 😌
I think there’s a lot to learn from yesterday.
1. Perps exchanges are weakening crypto’s market structure.
1a. Airdrops and massive perp dex valuations are sucking spot liquidity out of the markets.
1b. The extreme drive for capital efficiency is killing market depth - We’re putting the cart before the horse.
1c. Proliferation of perps for garbage low float tokens is making it too easy to prop up fake valuations.
2. Every exchange has irreconcilable conflicts of interest.
2a. Exchanges are incentivized to make you lose money and trade as much as possible.
2b. Exchanges are incentivized to onboard users who can’t possibly understand how their platform works.
2c. Perp dexes are winning because they’re breaking the law - even if they’re geofencing. Maybe we think the law should be changed but we’re seeing exactly why friction can be a good thing.
3. Narrative chasing needs to stop. Listing KPIs need to change.
3a. I think it’s pretty clear that most KOLs are poor, bad at trading, and have severely conflicting interests.
3b. Being able to effectively ‘IPO’ your 0-revenue, $10m TAM vaporware garbage bullshit with no edge at 9-10 figure valuation is brain-dead retarded.
3c. Every project invests more money into farming stats for a Binance listing than they do their actual products. Every exchange is flooded with worthless abandonware.
4. Spot chads and builders continue to prop up this market.
4a. Everyone stopped investing in builders and yet builders are the only ones willing to buy the dip and re-invest in the market.
4b. Spot token holders are still way up on the year and yet somehow the whales, KOLs, and firms everyone sucks off nonstop are zeroed out. Find better role models.
4c. Crypto twitter should be a counter-signal. The crypto marketing playbook is designed to lure you in and butcher you.
I hope we can return to a market where people are willing to look hard for good undervalued tokens, buy them spot, and trade to accumulate more.
This is how we were able to PVE our way to generational wealth in 2020 and 2021, and now I just see people getting slaughtered by token factories designed to steal their money.
I feel sorry for all the young men who have spent the past 2 years obsessed with wealth and greed, and now have no money and no support system. They have all been sold a lie by the launchpads and perps dexes and VCs.
Anyway - i think these events are overall healthy.
Observers, builders, and analysts have been given a valuable new set of information to learn from.
The best actors will emerge better than before. The worst actors will wither and die.
And best of all, the skies are clear for my Q1 AI comeback cope.
Good luck to all in the next round 👍
$20,000,000,000 vaporized in minutes.
Our team has been closely analyzing the 1010 liquidation cascade.
How can AI protect users from these events?
Whether as an automation engine or a mentor, Cod3x can help position users for success.
We'll explore in more detail tomorrow!
People are programming billion dollar businesses with 0 experience.
All thanks to AI.
What happens when AI helps you trade?
Analyze faster and trade while you're AFK.
Turn trade ideas into fully blown strategies in minutes.
Our closed beta has been incredibly productive.
We're now gearing up for a full public launch.
Read this article to learn about our upcoming features and optimizations.
0-Cost, 1-Click UX is coming
Imagine having your own trading desk.
Wake up, tell it what to do, and go about your day.
This is what Cod3x gives you - an agent that works overtime trading for you.
Using high quality data and battle-tested strategies, it'll look for trade setups and optimize your position 24/7.
Look forward to our full launch next month, where you'll be able to try it out yourself!
And check out the link in our bio to look around the app.
Ever had a bad trading day?
Sometimes, it's not even your fault.
When liquidity thins, even the best trading strategies can fail.
Cod3x looks at institutional data before it recommends a trade to make sure you can actually win.
Letting you trade stress for relaxation 😎
Hōkū aggregates real-time data to provide the most accurate real-time movements of a coin.
Over 3000 transactions per second are processed into the model, showing you the trends that actually matter.
Launching soon, our “RaidPro” airdrop.
A digital escape room where every solved clue and referral earns token rewards. Follow us on X and Telegram for the timeline.
Share the teaser and take your first step into the Raid.
MASSIVE PUMPS across the board today!
HOKU gave us a sell noti on $BIO @BioProtocol, after a 150% gain in 7 days.
Will you take some profits here? or let it ride HIGHER?