RV

Investing in crypto since Jan, 2018
Online poker pro for ~15 years

[RV @arv1ee]

@HyperliquidX being downright scammy. Just another centralized piece of crap PRETENDING to be web3

[Akku @Akkukap]

I’ve been a Hyperliquid maxi for a long time, and HL still remains my largest position in Web3. But a recent decision by the team has been extremely disappointing to see.

Earlier this year, @monprotocol acquired the $MON ticker on HL for ~500k:
https://t.co/5TnzDkOB86
The rationale was that CEX interactions were frustrating, and the Pixelmon team wanted to align with a fully decentralized venue. The token ultimately didn’t gain much traction on HL (very low volume, practically a waste in hindsight), but at least the team had secured an immutable asset.

Fast forward to Monad’s launch, and suddenly the MON ticker on Hypercore now refers to Monad, not Pixelmon. So I checked with the Pixelmon team assuming they must have sold the ticker.

Turns out they didn’t.

Hyperliquid simply changed the frontend names:

Pixelmon is now shown as “Monpro” on UI (but still $MON on-chain).

Monad is shown as “Mon” on UI (but is actually $UMON on-chain).

So technically the ticker is immutable, but from a consumer perspective the actual UI identity has been reassigned. And realistically, no one cares what the ticker is on-chain when the UI shows something else.

If this isn’t effectively a ticker grab, what is it?

Pixelmon paid 500k for something that the frontend can override at will, while Monad (or rather @unitxyz, who is clearly closer to the HL team) gets the visible name without paying for it.

To be clear, this doesn’t materially affect Pixelmon’s future. But on principle, it’s wildly disappointing.

Is this the ethos Hyperliquid wants to stand for?
Centrally aligned players first?

What message does this send to smaller teams who choose HL because they believed “listings without fuss” meant UI consistency and fairness? Are we now saying:

“You can buy the on-chain ticker, but we’ll decide the visible name depending on who we talk to”?

Tagging @chameleon_jeff @iliensinc because this seems like a serious breach of HL’s own stated values, and I’m not sure whether this decision was fully acknowledged at the top.

For clarity:

Pixelmon ($MON): 0x622cf551933f19f9136303dcab56488c

Monad ($UMON): 0x58dae745c8c5fed4012f35ef39829c2d

Frontend:

This requires an explanation imo and its not about this particular case but more problematic for the overall direction team wants to take. To me this is a clear slap on the face of smaller teams being allowed to be strong-armed by privileged partners.

@sershokunin can you also pitch in as to what happened here?

[RYAN SΞAN ADAMS - rsa.eth 🦄 @RyanSAdams]

https://t.co/YyW0YbvglM

[RV @arv1ee]

@rootingforceles @Pixelmon Filthy Lizard had it coming! 😂

[Pixelmon 🔺 @Pixelmon]

Nova Thera: Battle of Honor | A new Pixelmon™ Official Anime trailer

A battle waged with honor, carried by the loyalty of their monsters

[DeeZe ⛳🏌️‍♂️ @DeeZe]

This effectively makes ticker auctions a scam lol

Hyperliquid

[Rahim Mahtab @Rahim_mahtab]

If Hyperliquid gave out MON ticker that pixelmon bought for 500k

To Monad just because..... MON

This is absolutely wild, on HL part. Normally if an exchange did that i wouldnt be suprised and would argue unless you paid for the ticker logically there are strong arguments for monad to use the ticker.

But if HL ethose is around decentralization
than UFFFFFFFFFFFF

[RV @arv1ee]

@DeeZe Exactly!

[RV @arv1ee]

@kerrouchemadjid @wardensascent Should be very soon, October if everything goes smooth!

[RV @arv1ee]

@itsacoin They have always been on 🫡

[RV @arv1ee]

@cowboy_oh_gee Barking up the wrong tree, fren

[RV @arv1ee]

@breadstackr @graildoteth Their main game that's gonna see public release soon is actually awesome, I've played some closed beta test versions earlier...

@wardensascent

[RV @arv1ee]

@blackmirror_xp @KorProtocol

[RV @arv1ee]

@blackmirror_xp 🔥🔥🔥🔥

[RV @arv1ee]

@blackmirror_xp Yessir!

[RV @arv1ee]

@the77bit QC!

[RV @arv1ee]

@bitlord_77 @the77bit duuuuuuuude, 2.7mil? wtf 0_o

[RV @arv1ee]

@the77bit I've got the fire!

[RV @arv1ee]

@wardensascent Fire Kity and Bengu are awesome.

[Pixelmon 🔺 @Pixelmon]

Two incredible days at @WolvesDEN__ 🎮

The energy was unreal, The @WardensAscent playtests were a blast, the feedback was next level, and one thing is clear—Web3 gaming isn’t coming, it’s already here!

Huge respect to @WolvesDao and all the builders pushing the space forward—it was amazing to see so many innovative games & passionate teams at the event. The future of gaming is being built now. ⚡

[RV @arv1ee]

@Pixelmon @WolvesDEN__ @wardensascent @WolvesDAO Leaks pls :P