Petro

@monolith_fund

[Petro @YPetro_VC]

@kober1337 @0xd1namit @Polymarket Cause if they won't launch by EOY, it will resolve to "No"

[Petro @YPetro_VC]

@StayRoamer @Lighter_xyz Check dm

[MONOLITH @monolith_fund]

https://t.co/Wbu3aQ5DNs

[Petro @YPetro_VC]

Great read, big vision

[Tulip King 🌷 @tulipking]

https://t.co/TORKfBgnln

[Petro @YPetro_VC]

@Leonardo_Web3 @xarteth That's what I thought as well

[Petro @YPetro_VC]

@x256xx @HYPEconomist What if they launch memecoin and airdrop it before year ends?

[MONOLITH @monolith_fund]

https://t.co/5KyBKkYNh4

[Petro @YPetro_VC]

@monolith_fund Interested to see how this will impact $HYPE

[Hyperliquid @HyperliquidX]

On Hyperliquid, there is no listing fee, no listing department, and no gatekeepers.

Spot deployment on Hyperliquid is permissionless. Anyone can deploy a spot asset by paying a gas fee in HYPE. Deployers can choose to receive up to 50% of trading fees on their spot pairs. Everything is transparent and verifiable onchain.

The full defi lifecycle includes building a project, launching a token, and trading that token. Every step of that journey can be done permissionlessly on Hyperliquid.

[MONOLITH @monolith_fund]

Huge thanks to all the investors, founders, and builders we met during an incredible week at @token2049 Singapore 🔥

We were especially glad to connect with:

@tumilet, @0xryankim, @laurak_gate, @cosmo_jiang, @Issa_Issa_Z, @adrianwjfritz, @CryptoHayes

Great networking with teams from these leading companies:

@hashed_official, @21shares, @EdgeCapitalMgmt, @gate_ventures, @PanteraCapital, @BigBrainVC, @Maven11Capital, @CsquaredVC, @MEVCapital, @MaelstromFund, @TheSpartanGroup, @MVenturesLabs, @SeliniCapital

Conversations like these shape the future. High-brain people, high-conviction thoughts.

This year, @token2049 was on another level - less crowded, but higher quality of events compared to last year.

MONOLITH is bullish and keeps building!

See you next year 💚

[MONOLITH @monolith_fund]

As a delta-neutral fund, we farm funding rates across most markets, so we also had positions in the pre-market of $XPL (Plasma).

Our strategy was to short $XPL on Hyperliquid with isolated margin and a liquidation level about 2.1x above the entry price of $0.6, while going long $XPL on Bybit. We had executed similar trades multiple times without any issues.

On 26/08/2025, however, a manipulator bought up all available offers and pushed the price from $0.6 to $1.8 within 3–4 minutes, liquidating 85% of open interest - including our position. Even though we had additional margin available, this move was clearly not organic volatility but outright manipulation. We fully understand the risks of trading and accept responsibility for normal market fluctuations, but in this case the circumstances were extraordinary and far beyond typical volatility: both Bybit and Binance prices stayed at $0.6, and there was no time to react or add collateral.

This was not simply about a whale’s action, but about the mechanics of how it was possible to force the price up on Hyperliquid while other exchanges remained stable. Hyperliquid provided no backstops or safeguards to prevent this type of manipulation, and the manipulator deliberately chose Hyperliquid to execute this “trade” instead of Binance, Bybit or any other perp dex, which implemented open interest caps to protect their users from manipulation.

At the moment @HyperliquidX already announced that they will integrate external exchange prices into the mark price (the liquidation reference). During the incident, the mark price on Hyperliquid jumped to $1.8 while on other pre-market venues it stayed at $0.6. If external prices had been included from the beginning, nobody would have been liquidated, because the Hyperliquid price deviation from other exchanges would have been clear and corrected.

In the past, Hyperliquid refunded users in the $JELLYJELLY incident, recognizing that system flaws had unfairly harmed traders. The same logic applies here: loyal users shouldn’t bear the cost of bad mechanics and targeted manipulation.

I also want to emphasize that we have been using Hyperliquid since its TGE. We are very active and loyal users, as well as stakers on the platform. We strongly believe in Hyperliquid and have always supported it as part of the community. But if such events are ignored, it risks sending a message that regular users can be unfairly disadvantaged while whales act without consequence - a major red flag that would damage trust and negatively impact future activity.

@chameleon_jeff @iliensinc @xulian_hl @HyperFND

[Petro @YPetro_VC]

@MagicEden Ez

[Petro @YPetro_VC]

@monolith_fund Chad

[Petro @YPetro_VC]

@Somnia_Network What time will it end?

[MONOLITH @monolith_fund]

Monolith team spent a week in the Alps 🏔

Syncing on strategy, priorities, and fund roadmap. Some of the most important days we've had — see you on the top!

[Hyperliquid @HyperliquidX]

Last week, Hyperliquid was the first major venue to offer PUMP prelaunch trading. It became the main platform for price discovery leading up to PUMP’s highly anticipated TGE, with over $400M in open interest and $600M in 24h volume as a prelaunch perp.

Following TGE, Hyperliquid was also the first major venue to offer spot trading of PUMP through @unitxyz. It remains one of the most liquid venues to trade PUMP spot.

Hyperliquid continues to support the movement of capital formation and price discovery onchain. This trend is reflected in four consecutive days of open interest all-time highs. Today’s OI reached $12.1B.

[MONOLITH @monolith_fund]

Stablecoins now move more money than Visa & Mastercard combined.

Their total market cap is above $230B, with new laws from the U.S., EU, and Asia on the way, it's going to expand even more.

Here’s a full overview of the stablecoin sector in 2025: https://t.co/niIyDKq3Yv

TL;DR in the thread below 🧵

[Petro @YPetro_VC]

@grass Wen IOS?

[MONOLITH @monolith_fund]

HyperEVM has been the most sustainably growing chain recently – quietly gaining traction without the market noticing.

TVL across projects grew impressively (50–200%) over the past month.

Here are the key leaders to keep an eye on 👇

[Petro @YPetro_VC]

@monolith_fund Could be a good catalyst for altseason