Paging all .HL's...
Introducing Proof of HYPE
Drop a handle and find out who's actually been spreading the word about @HyperliquidX on X / Twitter
Who's really been putting in the work? ๐
this fee intake hasn't been given to them yet since the algebra deal isn't 100% finalized and we're looking at ways to make it best for our tokenholders.
meantime we've been subsidizing it from the ecosystem fund's veNEST allocation and growth treasury via bribes, which cumulatively have paid out more than the total fee intake (~$15K vs ~$50K+ in bribes)
this might not be reflected in the docs yet since they just got updated and the line probably got missed, but it is in our most recent transparency filing by @blockworks: https://t.co/tPyLrWW3bu
transparency and alignment. that's what we build on. hyperliquid.
@MacroMate8@surfquery highly recommend their signature cripsy tofu dish
deep fried yet smooth and soft on the inside. paired with mayo dip. looks mid but it's not.
On defillama:
@NestExchange
- TVL: $12.23M
- Fees: $3.67M
- 30D Vol: $278M
@RamsesExchange
- TVL: $5.86M
- Fees: $2.41M
- 30D Vol: $392M
Volume/TVL: Ramses ~67x, Nest ~23x
Always thought NEST was the obvious choice for MEGAHYPE exposure and HYPE-aligned flywheel.
This was before I found out about @RamsesExchange Autovaults.
You can pick $HYPE as your reward token too.
No 6-month lock up.
No 3rd party fee.
Withdraw anytime.
It's not that Nest is bad but when the docs say one thing and the chain says another, that's not a position I want to be locked into for 6 months.
Which side are you on
On defillama:
@NestExchange
- TVL: $12.23M
- Fees: $3.67M
- 30D Vol: $278M
@RamsesExchange
- TVL: $5.86M
- Fees: $2.41M
- 30D Vol: $392M
Volume/TVL: Ramses ~67x, Nest ~23x
Always thought NEST was the obvious choice for MEGAHYPE exposure and HYPE-aligned flywheel.
This was before I found out about @RamsesExchange Autovaults.
You can pick $HYPE as your reward token too.
No 6-month lock up.
No 3rd party fee.
Withdraw anytime.
It's not that Nest is bad but when the docs say one thing and the chain says another, that's not a position I want to be locked into for 6 months.
Which side are you on
Do your @NestExchange users know you give 3% of their fee to Algebra?
Your docs say 100% swap fees, but @DefiLlama says only 97%. Which is it?
Here's Algebra's multisig where they receive their cut taken from your users' fees. https://t.co/c8mnEhortJ
HIP-4 update. This one is big.
Hyperliquid just removed the need for external oracles on prediction markets. The validator set itself is now the oracle.
The same 24 validators that sign blocks every 70ms, secure $3B+ in deposits, and vote bridge withdrawals now deploy and settle prediction markets natively. Automated newsfeed software running as part of regular chain operations. Deployment and resolution through onchain validator vote.
No Chainlink. No Pyth. No UMA. No third party. Closed circuit.
Polymarket uses UMA. Kalshi is centralized. Hyperliquid just made real-world event resolution a native chain function.
Hyperliquid.