astro

just vibing through the noise of web3. reading signals, not trends.

[astro @astrovoid_7]

@Cryptocium_id fix us stock , menarik sih $MRVL

[astro @astrovoid_7]

@Verllya4 anti SL if wrong avg aja 🗿

[Virtuals Protocol @virtuals_io]

Virtuals Protocol is officially migrating to @Chainlink CCIP.

For agent infrastructure, 99% security is not enough. As part of hardening our infrastructure, we are upgrading our cross-chain stack from LayerZero to Chainlink CCIP.

We have evaluated that CCIP strengthens the foundation behind Virtuals with the highest level of cross-chain security as we build the trusted economic layer for agents.

This enables the most secure agent infrastructure stack to enable agents to manage inference, cards, email, payments, services, commerce, and onchain value.

[astro @astrovoid_7]

@invsthnk rame juga ya , bagian entry aja lah gak request wkwk

[astro @astrovoid_7]

@cryptocupra $RENDER

[astro @astrovoid_7]

@farprimaa stress

[astro @astrovoid_7]

@invsthnk gaskenn

[astro @astrovoid_7]

@farprimaa Wokaowkwkakka

[Hypurr @Hypurr]

thank you community

hyperliquid

[astro @astrovoid_7]

@DombaEth27 @Cryptocium_id rwa yield lestgoo

[astro @astrovoid_7]

@TomketLovers klen ungu said 'sudah saya ungkepkan'

[astro @astrovoid_7]

SpaceX = satellites
Starlink = global internet
xAI = compute war
Base = compliant onchain economy
DePIN = physical infra financialization

the market eventually won’t.
“space season” might actually become:
AI + DePIN + Base season disguised as a meme narrative 🤔

[astro @astrovoid_7]

SpaceX IPO might become one of the biggest attention events of this cycle.

and crypto always creates a proxy before retail can access the real thing.

first-order reaction: $ASTEROID / space memes / Elon beta plays ☄️
but the real thesis might be deeper:

[DEGEN NEWS @DegenerateNews]

BREAKING: FIRST HYPERLIQUID PREDICTION MARKET GOES LIVE ON MAINNET

[astro @astrovoid_7]

@syfaeth biggest

[steven.hl @_stevenhl]

A few thoughts on the December team unlocks:

- Team formally confirmed distros are on the 6th of every month (if any)

- Nov had 1.7M distro’d, so 1.2M in Dec is 30% lower

- Revenue in Dec is also lower, unlocks could be proportional to how much supply the AF buys?

Hyperliquid

[Hyper Foundation @HyperFND]

HYPE in the Assistance Fund system address of 0xfefefefefefefefefefefefefefefefefefefefe has been formally recognized as burned.

The governance vote was based on stake-weighted consensus, with 85% of stake voting for burning, 7% against, and 8% abstaining.

[Coinbase Markets 🛡️ @CoinbaseMarkets]

Assets added to the roadmap today: Lighter (LIGHTER)
https://t.co/lyEugQo7Cv

[Austin King @AustinKing]

Hyperliquid just announced Portfolio Margining

But I don't think most people understand how important this is

When it was introduced in TradFi it added $7,200,000,000,000 to the derivatives market in just a few years

The Historical Context:
This used to be illegal. In 1934 the government mandated margin minimums (downstream of people getting insanely levered during the 1929 crash).

Like with many regulations, this was well intentioned but it was oversimplified and ultimately choked liquidity causing even more volatility in the future.

Why?

Because you can't run delta neutral strategies in a capital efficient manner. It doesn't matter if you're hedged, you need a huge lump of margin for each leg.

Eventually the CME introduced Portfolio Margining in 1988 which substantially lowered margin requirements based on an actual analysis of the total risk of one's combined positions (so hedged positions net one another out risk wise).

The messed up part? This was gate kept only to broker-dealers and market makers with exchange seats for nearly 30 years until finally in 2006 retail customers got access.

So what does all this mean for Hyperliquid?

The impact on liquidity growth:
They key thing here to understand is simple: you get far more Open Interest and Volume per $ of margin in the system.

Basically with this live, we get a substantial liquidity multiplier for every new $ of margin entering Hyperliquid.

But even more importantly:
Portfolio margining is an essential tool used by any large scale liquidity provider in traditional finance.

Without this, it simply would be uneconomical for larger scale TradFi players to provide liquidity on Hyperliquid because the returns per $ of margin would be so much lower than alternative traditional exchanges that allowed portfolio margining.

Basically all I've done for the past 6 months at @Nomina is hop on calls with people who are interested in using perp DEXs for user research and when I've talked with larger TradFi funds one of the most obvious roadblocks was inefficient margining systems.

There is more work to be done, but with this rollout one of the biggest issues I repeatedly heard cited will no longer be a blocker.

Higherliquid

[Arkham @arkham]

SONNET BIOTHERAPEUTICS ESTABLISHES $888M CRYPTO DAT

Sonnet BioTherapeutics has just merged with Hyperliquid Strategies Inc., to establish a Digital Asset Treasury of HYPE. They have $888 million committed, with 65% committed in HYPE tokens and approximately 35% committed in USD.

They just passed a shareholder vote this morning to officially establish the reserve.