Cyan🥔@MetaFluxDex

Freedom crypto market builder | @MetafluxDex Founder & CEO

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@gscdrd3 不需要过度关注别人对我的称呼

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@PANewsCN a16z的身份在转变

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@yinsuecci 尝试使用 https://t.co/0H8cHGqV4N 😇

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@SnowfairySerina 泰国对lgbtq+友好

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@xiaoyufu888 Hyperliquid的存币服务由Unit提供，但昨天人家才升级了一轮

[Cyan🥔@MetaFluxDex @metaflux_cyan]

Leading cryptocurrency trading terminal—fully open-source—brought to you by Depth.
https://t.co/0H8cHGqV4N

#BTC #trading #terminal

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@leo114119 我/login切来切去也没被封号🤔

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@Sohail71358 100% AI BULLSHIT

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@y95277777 绝大部分perp dex只是套壳，绝大部分perp dex不是真正的perp dex

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@wufantouzi 不就是ADL和分级平仓吗，吹的神乎其神

[jeff.hl @chameleon_jeff]

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.

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@hashcoin0 没办法, 现在很多人看到hyperliquid崛起后换上purr的头像, 名字后面带个hl都只是为了蹭热度, 以前这些人可能是bnb eth sol...

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@yzhngxnti2 @thankUcrypto 我现在全是LONG头寸🤣就算跌了也就是多拿一会

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@primus1terpares only the last one will be true lol

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@hydromancerxyz @0xinvariant no, like a hyperliquid portfolio api, get user pnl history

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@Boywus @HyperliquidX api文档都有诶

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@DarcyAri hyperliquid有原生的multi sig🤔

[Cyan🥔@MetaFluxDex @metaflux_cyan]

@OndoPerps Cash session closes; equity perps don’t. The real product on earnings night is the mark and gap risk after the print — not the reward pool on the ticker.