awnyrvan

connecting the dots in blockchain space

[awnyrvan @awnyrvan]

@CustomWetware @VietnamPenguin @avi_eisen Why does Hyperliquid perp track share price reasonably well? By design or just by chance? What’s the mechanism ?

As long as they are not backed by actual shares, there is no reason for them to track the actual share price. Maybe I am missing something.

[awnyrvan @awnyrvan]

@MilkRoadAI @MilkRoad Only question is - if GPU renting is this profitable, why does Nvidia not build a cloud farm themselves?

[awnyrvan @awnyrvan]

@ValueWithPrem Omari deserves to bleed out

[awnyrvan @awnyrvan]

@Gyokeres_eth @GainsNetwork_io How would the delta neutral strategies work?

[awnyrvan @awnyrvan]

@arndxt_xo @rektdiomedes @megaeth How about @GainsNetwork_io ?

[awnyrvan @awnyrvan]

There should be no mercy for these people.

https://t.co/csFbOCBdD1

[awnyrvan @awnyrvan]

@AccessIPOs @grok is this true?

[awnyrvan @awnyrvan]

Is that the first venue to offer $MEGA perps?

[gTrade | Gains Network 🍏 @GainsNetwork_io]

Pair listing ✨

@megaeth — The first real-time blockchain, where a new class of applications lives.

Trade $MEGA with $USDM on @megaeth at:
https://t.co/OBRdVbjH3y
Up to 150x leverage.

[awnyrvan @awnyrvan]

@DefiIgnas @banteg Hide at @GainsNetwork_io

All vaults are local. Never exploits since inception more than 5years back.

Double digit APY on stables.

[awnyrvan @awnyrvan]

@Ibo_Ibrahim_AU @reynardoew @llamareceipts @thedefiedge @Uniswap @pendle_fi @aave @HyperliquidX @SkyEcosystem @LidoFinance @sparkdotfi @GainsNetwork_io @patfscott @0xngmi This deserves an updated list. @reynardoew

[awnyrvan @awnyrvan]

End of post.

[awnyrvan @awnyrvan]

Au contraire, @GainsNetwork_io chugging along like it is nobody’s business.

5yrs on mainnet
Last hacked: never
Cash flow: positive
PE ratio: 2.9x

Handling trades like a pro at: check below

[Scribbler @Defi_Scribbler]

21 crypto projects are shutting down

if you have assets on any of these, move them out

1. Fantasy top (@fantasy_top_) → Core mode sunset ~mid-June

2. Magic Eden ME Wallet (@MagicEden) → https://t.co/C9XhgMxnT0

3. Leap Wallet (@leap_wallet) → https://t.co/5y1Xkwuqsk

4. Dmail (@Dmailofficial) → https://t.co/KLy6dpV4vx

5. Intergaze (@intergaze_xyz) → https://t.co/mWwxcSIrqO

6. Yupp ai → (@yupp_ai) https://t.co/mJDUGfl0DN

7. Tally (@tallyxyz) → https://t.co/qEl8tunYVA

8. Fey Protocol (@feyprotocol) → https://t.co/VSt85r66Ok

9. Angle Protocol (@AngleProtocol) → https://t.co/RGMEnMxi40

10. DataHaven_xyz (@DataHaven_xyz) → https://t.co/5Bs4oaIDwf

11. Step Finance (@StepFinance_) → https://t.co/I4OVTUNwyz

12. Parsec Finance (@parsec_finance) → https://t.co/BXeEUWgquF

13. ZeroLend (@zerolendxyz) → https://t.co/8YOoZjBJpw

14. PolynomialFi (@PolynomialFi) → https://t.co/jkB2obNtsB

15. Nifty Gateway → https://t.co/sdPXN0qWCj

16. SlingshotCrypto (@SlingshotCrypto) → https://t.co/3psVO4ATl1

17. Runiverse Game (@RuniverseGame) → https://t.co/lpc90NvI1T

18. Soundxyz (@soundxyz_) → https://t.co/th4WwWjExr

19. MilkyWay (@milky_way_zone) → https://t.co/fnX5K7PLee

20. Pixiland Social (@pixilandsocial) → https://t.co/DeTqDynIyL

21. Blocto App (@BloctoApp) → https://t.co/NO4QafT0uG

[awnyrvan @awnyrvan]

https://t.co/jZFJMwJ1ln

[awnyrvan @awnyrvan]

@GainsNetwork_io For the traders from @DriftProtocol

You can still trade on @solana here:

https://t.co/kaTMgn5hK6

[awnyrvan @awnyrvan]

I guess the LP money is gone. Traders still have money in their pocket. But nowhere to trade on #solana ?

To the traders: Try the OG

https://t.co/kaTMgn5hK6

[DBCrypto @DBCrypt0]

🚨BREAKING: Drift Protocol just got drained for over $200 million

Solana's largest perps DEX. Gone in one transaction batch.

The attacker didn't find a smart contract bug. They didn't exploit a flash loan. They walked in with the keys.

On-chain data shows a single account initiating massive outbound transfers. SOL, JitoSOL, WETH, wrapped BTC, stablecoins in USD, EUR, and JPY.

Even FARTCOIN. They took the FARTCOIN.

A blockchain security researcher confirmed what everyone suspected: a private key compromise. The admin signer was either leaked or someone with access pulled the trigger themselves.

And here's what makes it worse.

The attacker funded the wallets a week before the exploit. Ran a test transaction. Then waited.

This wasn't a hack. This was a heist with a rehearsal.

Phantom Wallet already cut off access to the protocol. Drift posted about "unusual activity" and told users to stop depositing.

$200 million gone and the official response is "unusual activity."

Some estimates put the real number closer to $270 million. We won't know until the dust settles and the wallets stop moving.

The funds are already being swapped to USDC and bridged to Ethereum. Classic exit playbook.

This is potentially the largest Web3 exploit in three years.

But who needs security when you have speed, right Kyle? 🚀

[awnyrvan @awnyrvan]

#iykyk

[Llama Receipts 🦙 @llamareceipts]

@reynardoew @awnyrvan @thedefiedge @Uniswap @pendle_fi @aave @HyperliquidX @SkyEcosystem @LidoFinance @sparkdotfi @GainsNetwork_io @patfscott @0xngmi

[awnyrvan @awnyrvan]

@reynardoew @llamareceipts @thedefiedge @Uniswap @pendle_fi @aave @HyperliquidX @SkyEcosystem @LidoFinance @sparkdotfi @GainsNetwork_io @patfscott @0xngmi Nice!! How does the updated ranked list look like, then?

[awnyrvan @awnyrvan]

@llamareceipts @thedefiedge @Uniswap @pendle_fi @aave @HyperliquidX @SkyEcosystem @LidoFinance @sparkdotfi @GainsNetwork_io @patfscott @0xngmi @reynardoew These are @DefiLlama based, @grok do the calculation
@GainsNetwork_io forward PE 2.62x
Trailing 12month PE 2.72x