tan seng hoe

fk u

[tan seng hoe @cobratansh]

please use my reflink, for my familia

https://t.co/z6fGmjkQ7x

[tan seng hoe @cobratansh]

come home to simple memes

$doge $fartcoin $cashcat

[tan seng hoe @cobratansh]

people be posting private jet content in the middle of ww3

[tan seng hoe @cobratansh]

Fuck lah just buy the cheebye sohai dip scared what scared.

[Dark Crypto Topblaster @DarkCryptoLord]

When I was in Singapore for Token2049 a few years back, one of the most powerful phrases I learnt from the locals was:

“Fuck lah just buy the cheebye sohai dip scared what scared.”

Interesting conglomeration of words.

[tan seng hoe @cobratansh]

@beniduboss i think the volume in the chart is their yes/no crypto price which is legit imo

their perps on the other hand…

[tan seng hoe @cobratansh]

@AltOnChain @rbthreek

[tan seng hoe @cobratansh]

here’s what’s gonna happen:
- robinhood’s going to once again “accidentally” mention cashcat during the event
- buyers come in, but it probably won’t hit anywhere near a b
- btc wicks to 90 and creeps its way to 100, lifting all boats
- cashcat hits 1b and suddenly it’s the flavor of the season
- coverage on cashcat everywhere drives fomo from ct
- robinhood does an ad with cashcat in it
- reflexivity
- 50b

if this doesnt happen, ill just delete

[tan seng hoe @cobratansh]

vvv looks good for another leg up

maybe zzz can go up with it

[tan seng hoe @cobratansh]

this weekend is for the perps, next for the onchain tradoors

[tan seng hoe @cobratansh]

@blknoiz06 fr

[tan seng hoe @cobratansh]

they're selling 10 dollars for 22 cents

[tan seng hoe @cobratansh]

@0x_Leo_ they call this the leo candle

[tan seng hoe @cobratansh]

@bunjil no 93 generational ceiling

[tan seng hoe @cobratansh]

things like this is why there’s no second best

[jeff.hl @chameleon_jeff]

Most tech giants in the 2000s built their infrastructure and product as one entangled unit. Amazon had the foresight to separate out AWS as an API layer, of which Amazon retail was the first of many users. Today, AWS generates more profit than all of Amazon's other business lines combined.

Hyperliquid is built with the same philosophy. Housing all of finance requires thoughtfully designed, open financial primitives. Each primitive should obey the Unix principle of "Do one thing and do it well." Talented builders then have the foundation to chain these together to create magical applications.

HyperCore borrowing is an example to highlight this philosophy in action.

Most other platforms implement portfolio margin by marking an account's collateral to market value with an LTV haircut, creating borrowed assets without an explicit lender. This system is simpler to implement, but misses a golden opportunity for composability.

Hyperliquid instead begins with a borrow/lend protocol on HyperCore. Every borrowed asset is sourced from a supplier, so risk is isolated within the borrow/lend primitive instead of platform-wide. HyperCore's portfolio margin system is implemented as an orchestration layer that composes borrow/lend, with other primitives such as perps, spot, and outcome trading.

This decomposition has several nice corollaries:
1. Today's announcement of manual borrowing is not a new feature, but simply an extension of the underlying primitive. Borrowers on day one have access to 400M and growing of supplied liquidity.
2. Portfolio margin users earn interest on their idle stablecoin collateral. This is not a new feature, but a natural byproduct of composing trading with lending.
3. System safety is easier to reason about when perp and borrow/lend margining are independent.

In the same way that math theorems almost prove themselves when the right abstractions are defined, composable designs just feel right.

[tan seng hoe @cobratansh]

trading is hard

when ur down, u keep dreaming of ath nw
when ur up, u keep comparing to the next guy making more

[tan seng hoe @cobratansh]

in dire need of a cashcat god candle

[tan seng hoe @cobratansh]

@rbthreek did u make money tho?

[tan seng hoe @cobratansh]

@0xMerp neural

[tan seng hoe @cobratansh]

@rbthreek no