Owen

Just shifting bits to make the number go up

Hyperliquid.

[DCTRL @dctrlvan]

We’re thrilled to share that DCTRL is featured today in the @globeandmail, in print and online!

Grateful for the coverage from @apgalbraith as we prepare for our move to a new space.

Read the full article below 👇
https://t.co/yJtNDMHpsq

[Owen @bad_auth]

@hyperliquidbull @HyperliquidX Check dm/tg

Most likely an issue with the endpoint you’re using

[Owen @bad_auth]

Ever wondered where your order actually sits in the @HyperliquidX queue?

I built a live L4 orderbook visualizer this weekend so you can see:
• Your exact queue position
• Other MM quotes updating in real time
• Individual order details

https://t.co/lBx4CnJGuL

[Owen @bad_auth]

Still working on adding un-triggered trigger orders and spot asset support.

repo: https://t.co/6uj5tkMnp6

Anything else I should add?

[Owen @bad_auth]

HL doesn’t expose an L4 endpoint, so you’ll need to run your own:

https://t.co/OtIj9mazHQ

or use @DwellirOfficial (free trial available)

[wishful_cynic @EvgenyGaevoy]

https://t.co/bxhHjJllOp

[Owen @bad_auth]

@tittyrespecter Hey 👋

[Owen @bad_auth]

@svbmrgd @QubesOS How’s the UX recently? Ran it for a bit but got tired of poor performance and things breaking. Thinking to test it out again though

[Owen @bad_auth]

@tittyrespecter @inversebrah Is that black tusk? What’s the route in the 4th photo? Incredible view!

[Owen @bad_auth]

@loraclexyz @grok what do I do with this info

[Dan Robinson @danrobinson]

This paper is simply wrong about its central topic: how Hyperliquid’s ADL works.

Tarun is describing a different (much crazier) algorithm, which also might explain how he calculated that traders somehow paid $653m to cover a $23m deficit.

🧵

[Owen @bad_auth]

@0xTangle @IOHKMedia @IOHK_Charles

[Owen @bad_auth]

@krinza Checks out

[Owen @bad_auth]

@_tradernico @deedydas You’re so right, because as everyone always says the nasdaq would be nothing without Citadel, Jane Street, etc..

Wait, how many employees would that be then? 🤡

[Owen @bad_auth]

Yeah that's fair, if the spreads are that wide from data providers that makes more sense. I gotta dig more into the Notice docs.

It still feels a bit aggressive to have funding rates that low though. I like the 50% 8h EMA baked into the oracle price and with a standard funding rate it would still allow natural price discovery just over a longer time period without as much turbulence.

We'll see how it goes as the markets mature though, happy we get to play around with them either way.

[Owen @bad_auth]

@ventuals
Genuine question: What's the point in an oracle price if the funding is 1/500th of the standard funding rates? What are we trading here?

[Owen @bad_auth]

SPACEX hasn't even touched the current oracle price since launch and there's barely any incentive for traders to move it. Are we just trading meme-coins with the names of private companies?

[Owen @bad_auth]

@VitalikButerin transitioning into a balenciaga model might save ethereum

[Devcon 8 | Mumbai, India 🇮🇳 @EFDevcon]

“We are not just building tech for profit or to accelerate something. We are doing it to help people.”

- @VitalikButerin in his talk 'What the d/acc?'

Head to the Red Pavilion stage to learn more about d/acc.

[Owen @bad_auth]

@hyperliquid_ca knows how to throw an event

[Hyperliquid Canada @hyperliquid_ca]

We had a blast at HL Canada's inaugural event!

Thank you everyone for the excellent eve...

1/

[Luke Cannon @lukecannon727]

"He's not broke, he's just temporarily illiquid while waiting for his partial refund from MegaETH"