loracle.hl(@loraclexyz) previously lost $46.46M shorting $HYPE.
He then flipped long on $HYPE and is now down another $840K.
https://t.co/Ts1Q50N4R9
https://t.co/ayr3Nas1Xa
2 weeks after @Kinetiq_xyz went live, nearly a year ago, we outlined Launch:
An all-in-one platform that would serve the needs of all prospective deployers who are ambitious about leveraging HIP-3 (and eventually HIP-4) by allowing them to bring in the public, allowing them to partake in the economics and back the teams they believe in.
I can confidently say that there is no other team who understands the needs of deployers and stakers better than we do, as a deployer, and stakers ourselves. We’ve spoken to damn near all of them.
This unique offering builds on Hyperliquid’s equally unique architecture and once again will be a defining moment for staking, pushing the envelope of what’s possible when you combine the most robust staking architecture with the most performant blockchain in production today.
You can just Launch things..
Only on Kinetiq
1/ $HYPE is one of the clearest examples of DeFi competing with centralized exchanges on product and economics, not just ideology
Can an onchain exchange become one of the major venues for global trading?
A thread on @HyperliquidX 🧵
The WSJ article on hyperliquid is a good overview. The world will be quickly moving to efficient low cost 24-7 trading of real world financial assets not just crypto assets. The liquidity is moving to decentralized exchanges and away from more costly centralized exchanges .
Hyperliquid, a decentralized crypto platform, is open 24 hours a day, seven days a week. The exchange has emerged this year as a go-to spot for Wall Street’s weekend warriors. https://t.co/3RFisC8oso
Grayscale Hyperliquid Staking ETF (Ticker: $HYPG), the $HYPE ETP with the lowest gross management fee in the U.S.¹, starts trading tomorrow.
$HYPE is the asset powering 24/7 onchain markets, with @HyperliquidX driving trillions in perpetual trading volume²
Direct $HYPE exposure and staking. In your brokerage account tomorrow.
Hyperliquid.
Its funny because Hyperliquid needs crypto natives to have money to trade on Hyperliquid whether it is stocks or crypto.
If they airdropped S3, the money will just go back to fees from people trading
Imagine 5-10x elevated activity for 12 months as the masses come to discover the house of all finance.
CT, TradFi, misssooors & even bears all piling in to farm S3 points.
15-20M USD buyback & burn days becoming the norm.
4 digit $HYPE.
Season 3 waiting room.
Hyperliquid.
Loracle is finally done closing his $HYPE short.
Around $120M worth of $HYPE short closed in 2 days.
He now has a new entry price around $72 (because he closed his short but kept his 1.5M $HYPE worth $113M now)
He also has a few millions of USDC here and there + another wallet where he started a tiny $HYPE long (less than $1M worth of $HYPE for now)
It’s far more likely to me that Hyperliquid chooses to bring hundreds of thousands of new users along for HYPE’s journey to $200+ than to make a few thousand bagholders happy by burning some portion of supply which the AF already is built to do on a daily basis.
The token built on the premise of fair distribution and the team that prioritizes community over self-gain.
Right now there are a few hundred insufferable accounts evangelizing $HYPE everyday. What happens if you 100x that.
Remove your bias. Study community.
Job’s not finished.
Coming soon: $KNTQ
@kinetiq_xyz is the leading liquid staking protocol on Hyperliquid and powers @Markets_xyz 24/7 RWA perps trading.
Trading starts May 27
Get ready → https://t.co/0K3C3Ujs6Q