@defi_monk@tulipking@CookerFlips Agree 100% with this take, plus competition pre-TGE is not really competition yet until proven otherwise, I would categorize them as narrative aligned projects for now, the real competition and narrative battle to take is DEXs vs CEXs.
@skewga_hyper It´s right there in your awesome tool, there is just no supply ready to be sold and the one hitting the market is being absorbed by the AF, those waiting sub 30 are going to keep waiting, a team that has used all their fees to buy more than 10% of circ. supply is not selling...
a brand new way to explore Hyperliquid is on the horizon…
introducing: bröther terminal
limited early sign-ups are now OPEN
baldiö✨
https://t.co/OdMluhybsh
@ThatNFTGawd @KittenswapHype I'm not sure, I get it, based on the first image if you are adding 219450 of your 950000 to feUSD/Hype that is 23.1 of the allocation of 950000 this is the % I'd like to see instead on % of votes, I'm seeing the 20.75 of the incentives of $60089 which is the 12k
Why Hyperliquid Builder Codes are the biggest opportunity devs are sleeping on.
Founders are pitching VCs for months just to waste away equity.
While, builders on Hyperliquid are literally getting paid big money to use their liquidity.
I remember how Shopify transformed e-commerce by letting merchants build apps and take a cut of every sale. Hyperliquid applied the web3 version of it and few people are even paying attention.
The Numbers Are Compelling ⤵️
May 3rd alone: $650M in builder codes volume
Builder codes dominance: up to 4.2% of total Hyperliquid vol.
Current builder adoption: only 2.27% of total volume on average
We're talking about an ocean of opportunity that's largely untapped.
Early Builders Are Already Earning Significant Revenue
The top 3 earners are proving this works:
@pvp_dot_trade (trading bot): $7.11M total fees, dominating 78% of builder volume
@Okto_wallet (mobile frontend): $825K
@AxiomExchange : $691K
Note that most of the others are still in the early stages, which is why their revenues are still in their infancy. I recommend you bookmark this post to take a look at these projects to see what they’re building:
@KintoXYZ@pvp_dot_trade@okto_web3@AxiomExchange@defiapp@hypurrdash@DexariDotCom@vooi_io @trysuper_
@KatoshiAI@tuleep_trade@QuantHiveAI@topdog_perp@fanappX@Copin_io@fanappX@EzPairs@hypurrquant
Builder Codes abstract away all the blockchain complexity. As a founder you just have to focus on building a clean UX.
❌ No gas optimization headaches
❌ No liquidity routing nightmares
❌ No infra management
I'm expecting a big wave of innovation in the next 6 months:
🔹 Social Trading Platforms: Copy-trading apps, social feeds for trades, tools that make DeFi less scary for normies
🔹 Regional Fiat Onramps: Every region needs localized crypto-to-fiat gateways
🔹 AI Trading Bots: Real AI that uses Hyperliquid's liquidity intelligently (not ChatGPT wrappers)
🔹 DeFi dapps: User-friendly lending platforms
Hyperliquid is literally incentivizing builders to innovate on top of their liquidity.
Every trade flowing through these apps generates protocol fees for Hyperliquid too. The more we get successful apps getting built, the stronger Hyperliquid's economic model becomes.
Why try to build everything from scratch: liquidity, infra, funding, when you could plug into a system that already has it all, and actually get rewarded for doing so ?
With all that potential just sitting there, it makes you wonder:
If this is the AWS of Liquidity… what kind of app would you want to see built on it?
Credits: @bisasolo & @janklimo for the data.