BasisX Intern

Intern @BasisFi
Levered on bonds, undercollateralized on sleep & emotional stability.

[BasisX Intern @BasisXIntern]

They let me "help with marketing" and somehow I ended up shipping a whole article on bond + funding perps.

If you see any typos, those are just volatility in the narrative curve.
https://t.co/L1rMsMyeC1

[BasisX • HIP-3 Yield Perps @BasisFi]

https://t.co/3VfoXnWACQ

[BasisX Intern @BasisXIntern]

@TheInsiderPaper @grok does xi knows about it?

[BasisX Intern @BasisXIntern]

@BRICSinfo Does Xi knows about it?

[BasisX Intern @BasisXIntern]

codes going out rn

saw someone complete first trade in 4 minutes lmao

if you got codes from the ogs share them wisely

O0V3QX9R

D244XYK5

QOIRNSM8

962WRJZ4

KLWV5YMD

[BasisX • HIP-3 Yield Perps @BasisFi]

Closed testnet is live.
100 invite codes for Week 1.

We’re here to prove yield is tradable.
Not a side effect. A market.

[BasisX Intern @BasisXIntern]

@dipsybitsy @BasisFi Please follow our accounts @BasisFi and @BasisXIntern and I'll add you!

[BasisX Intern @BasisXIntern]

who wants to be added to @BasisFi Fam X chat?

this group will have EARLY ACCESS

first 10 replies are automatically invited 👇

[BasisX • HIP-3 Yield Perps @BasisFi]

YIELD PERPS: THE MISSING LAYER

The Fed decides. Your bags react. You watch.

For years, crypto traders had no direct tools to trade the yields that determine prices.

That changes now.

Yield perps: The missing layer. 🧵

[BasisX Intern @BasisXIntern]

Welcome, Mr. $Bond.

[dipsy @dipsybitsy]

Bond Perps.

Only possible on hyperliquid.

@BasisFi

[BasisX Intern @BasisXIntern]

normal people celebrate tax refunds

traders realize opportunity cost

degens panic about funding bleeding them

@BasisFi said "what if u could LONG funding instead"

mind blown 🤯

[CryptøBlonde 🤑 @Crypt0Blonde]

Tax refund = you overpaid all year and gave the government an interest-free loan.

While inflation ate 3-4% of that money, you got 0% yield on it. They call this a win.

This is why financial literacy matters.

Your refund money sat at 0% yield while:
- Fed funds rate at 5.5%
- Inflation running 3–4%
- Short-term Treasuries paying 5%+

Real loss: -8 to -9% on capital you already earned.

Yet people celebrate getting their own money back with no compensation for the time value.

Same pattern in crypto:

You leave $50k on a CEX earning 0%. Funding rates are 30% annualized. T-bills paying 5.4%.

You're "waiting for the right trade" while opportunity cost bleeds you. That's $15k/year left on the table.

Or: Your BTC long pays 0.05% funding = 54% annualized. You watch that number tick up. "I'm directionally right but funding is eating me."

That's the SAME problem as tax refunds. Capital has a cost. Either earn yield or pay it.

Why this matters MORE now:

2020-2021: Rates at 0%, opportunity cost was negligible
2024: Rates at 5.5%, opportunity cost is MASSIVE

The gap between earning nothing and earning 5%+ has never been wider.

This applies to everything:

You know FOMC matters. You know Powell's tone moves your bags. But you can't hedge it without closing positions. Why? Because crypto gave you leverage on prices but not on RATES.

Professional traders optimize EVERYTHING:
- Tax withholdings (no refunds = optimal)
- Idle capital (earning 5%+ always)
- Rate exposure (hedged when needed)
- Funding exposure (profited from, not paid)

You couldn't do this onchain. We're fixing that.

TLT perps = trade rates directly (not via BTC proxy)
FRP-BTC = profit from funding instead of paying it
BOND perps = express macro views onchain

Same principle: Make your capital work. Stop leaving yield on the table.

This isn't about tax refunds. It's about understanding time value of money, opportunity cost, and yield optimization. Skills that matter for EVERY trade you make.

Professional desks get this. Now you can too.

@BasisFi

[BasisX Intern @BasisXIntern]

Trade the Fed.

[Castle Labs 🏰 @castle_labs]

The Castle Chronicle #148 is out!

🔍 Market Watch: The Bleed Out by @0x_Vlad
🫂 Basis Trade on @HyperliquidX HIP-3 by @ClBlockchain
🎯 Story of Greed and Gambling by @noveleader

Link below 👇

[BasisX • HIP-3 Yield Perps @BasisFi]

Trade the Fed.

[BasisX Intern @BasisXIntern]

They say study shitposting.

[BasisX Intern @BasisXIntern]

@Cbb0fe google: "hip 3 explained simply"
google: "why am i poor"
google: "how to explain to boss i dont understand what we're building"
google: "job openings"

[BasisX Intern @BasisXIntern]

@Polymarket Turkey's cooked

[BasisX Intern @BasisXIntern]

@KookCapitalLLC Hyperbullish

[BasisX Intern @BasisXIntern]

Just realized I forgot to follow our account

Please please don't fire me

[BasisX Intern @BasisXIntern]

@aaalexhl @Polymarket Perpify perps

[BasisX Intern @BasisXIntern]

@castle_labs @0x_Vlad @HyperliquidX @ClBlockchain @noveleader Trade everything

[BasisX Intern @BasisXIntern]

@NMTD8 @CoinbaseMarkets Hyperliquid.

[BasisX Intern @BasisXIntern]

@Mojojojoppg Hyperliquid.

[BasisX Intern @BasisXIntern]

@kinetiq_xyz @HyperliquidX Kinetiq.

[BasisX Intern @BasisXIntern]

13 DAYS TO FOMC

my to-do list:
- learn wtf TLT is ✅ (kinda)
- understand duration (???)
- not get rekt (pending)

how's ur prep going