nighty

Perps & onchain trading, yield farming | @fnfFlow

[nighty @MajesticQuant]

@jords Perps-driven PA. Some guy was TWAP shorting ~$20M in <1h.

[nighty @MajesticQuant]

@ajey_eth from hl (dot) eco:

[nighty @MajesticQuant]

@satoshiheist @cryptolala sunday PA is def perps driven

[nighty @MajesticQuant]

@hypurrdash

[nighty @MajesticQuant]

hyperdash l4 orderbook data is not available anymore?

[nighty @MajesticQuant]

@Darrr42 @LekimXBT @variational_io No shit, but at least on trading venues without incentives, it's not that skewed. I'll just leave the lighter OI chart (red line = TGE) here for reference.

[nighty @MajesticQuant]

glad it was eventually resolved, but:

>"I’m not asking for a refund of the opportunity cost, but for the money I lost because of a mistake by Unit."

What money, and in what denomination? USD, EUR, JPY, HKD? argentino peso???

No one knows whether you even wanted to sell your ETH. Maybe you denominated everything in ETH. It's borderline retarded to ask them to compensate you for an impairment loss in whatever the fuck currency you choose to denominate your portfolio in.

...

What if ETH had gone to $10k? Lol.

[nighty @MajesticQuant]

the eternal euthanasia roller coaster for sol and its ecosystem

[nighty @MajesticQuant]

@jrugss he's talking about equities

[nighty @MajesticQuant]

@SolanaLegend @Backpack @sunrise Lol? It's literally the correct metric since it represents capital at risk, the same thing as OI. Elaborate on why it isn't and what the correct metric is.

[nighty @MajesticQuant]

@lukecannon727 What % of the volume is organic?

[nighty @MajesticQuant]

@minnus @solana what's the % of non washtrading volume?

[Hyperliquid News @HyperliquidNews]

New day, new all-time high.

Priority fees reached $199.16K in just 24 hours, nearly doubling the previous record.

They now account for more than 11.5% of Hyperliquid's total revenue over the same period.

https://t.co/2ncd1ZQNTp

[nighty @MajesticQuant]

@based16z there's always a completely different world out there somewhere

[nighty @MajesticQuant]

Imagine not owning shares in Weyland-Yutani

[nighty @MajesticQuant]

+ you'd have to be a lobotomized neanderthal to choose the mainnet token over any dApp token with strong PMF and value accrual.

the reason SOL went up previously was memes, which were denominated in SOL pairs, and now all of that activity is converging to zero like euthanasia roller coaster. Also, the most successful project i.e., pumpfun - is a max extractor that dumped gazillions of tokens.

I won't even get into the DAT overhang that blasted the top.

[nighty @MajesticQuant]

How the tf does all this shit accrue value to the mainnet token? It's like ethtards writing their thesis on why ETH should be worth $50k per coin based on a growing stablecoin supply.

Great tech/eco ≠ token price goes up. SOL is inflationary garbage, and even after all these SIMDs, it'll still have negligible value accrual.

[nighty @MajesticQuant]

@ryanconnor wait till Unit starts issuing stocks on HIP1 and one-shots everyone again.