What started as an experiment to see if I could create something slower tempo than usual turned into my favorite piece of music I've created yet.
Cause of You by Ely K Out Now on #SoundCloud
https://t.co/OcTqWX1Lm5
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.
Friendly reminder to repay and exit all capital from @HypurrFi Pooled, Legacy, and Scale markets.
Hypurrfi is shut down, rates will continue to go up and liquidations are still processing.
Repaying is cheaper than liquidations.
The CEO of @RealVision says Hyperliquid is a niche product with no competitive advantage.
"If I don't use it, I wouldn't buy it, and I'm just not a trader. I don't use perps; I don't use leverage."
"Hyperliquid $HYPE is a great niche product within a broader ecosystem, but it has no real moat around it. Robinhood is going to come after that as fast as they can and eventually Coinbase too"
Thoughts?
We welcome today’s CFTC actions: approval of the first U.S.-listed perpetual derivatives contract, an accompanying Commission policy statement on the listing of perpetual derivatives, related interpretive guidance and no-action relief from the Market Participants Division, and a Staff Advisory on 24/7 Trading, Clearing, and Settlement, as a long-overdue acknowledgment that perpetual derivatives are a legitimate and essential tool for price discovery and risk management.
For too long, regulatory ambiguity drove these markets offshore, depriving American traders and institutions of access to regulated venues and undermining U.S. competitiveness in the global derivatives markets.
Today’s actions chart a new path forward. We look forward to engaging closely with the Commission to ensure that the framework it develops is workable not only for centralized intermediaries, but for the onchain protocols where the most significant perpetuals activity actually occurs.
Solana Foundation spent 2 weeks rage baiting on Twitter to pump volume to a random dex
Hyperliquid spent 2 weeks talking with NYSE about operating a 24/7 decentralized market
Dear @HypurrFi Borrowers please repay your debt, rates are going up on all assets.
Liquidation fee's are way more expensive than what it would cost for you to close it out right now.