Also, believe in yourself man stop waiting for anyone else to live your life
I went full time hustling with basically nothing to my name cause i knew my path was not the one everyone else chose for themselves, yes it’s hard it is fucking hard but man what’s the other option? This life sucks otherwise
This life sucks unless you believe in yourself and move the world because something bigger than you is heating inside
Stop blaming anyone for your shit, take control of your godamn life
And i dont want this to sound like I look down on my own people it really just comes from my heart because I know those words will resonate inside the right minds out there
My head is filled with doubts, uncertainties, sadness and pain too but this is just the way life is for sensible humans, this is the price we have to pay for everything else that makes being human and alive amazing, just look around
You are not alone but you are alone and you will have to accept the way it is
At a 3% net yield, Hyperliquid’s $5.71B USDC treasury would generate $171M a year.
More than Lighter, Pacifica and edgeX’s annualized perp revenue combined.
If the last 60 days’ USDC growth pace holds, that reaches a $214M annual run rate by EoY.
Before a dollar of trading fees.
To the people who sit on high unrealised gains on zec or meme coins, don’t forget to take profits. I’ve never seen someone go broker from taking profits.
What i did see is many people round trip millions and more to the point they had to get a job again. If your goal is a debt free car/house, dont hesitate and sell. Most of crypto is still a game of musical chairs.
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.