mystic

bidding mongolian shrimp futures

[mystic @pnlmaxxer]

$20 for one hyperliquid? it cant be this up only surely not

[mystic @pnlmaxxer]

eg. a 500k order on ethena ($ENA) costs roughly 18bps on lighter (best available venue) as opposed to 8bps when fragmented across multiple venues

[mystic @pnlmaxxer]

around this time last year got a bit bored and vibe coded a pretty cool perps SOR (smart order aggregator)

it takes in a user's request for quote (ie ticker and size) and solves a constrained non linear optimisation problem in real time to split the order across multiple venues to minimise execution costs

with all the hype around RFQ these days with @variational_io, thought I'd share the old project:

https://t.co/YsDsgK83LR

note: it is not a true quadratic equation as it solves the equation from a discrete grid approach, but nevertheless is still cool as way to understand how RFQ solvers work

[retard mode ✞ @retardmode]

i can’t wait to do a kickflip over a migrant camping the left lane

[mystic @pnlmaxxer]

bushwick to soho in 10 mins

[Polymarket @Polymarket]

BREAKING: Tesla's Roadster goes airborne, soaring over a row of Tesla vehicles in a live stunt at its unveiling event.

[mystic @pnlmaxxer]

If you’re lucky enough you might end up on the right side of the cex cabals crime bid tbh

(*cough cough avantis myx cough cough*)

[mystic @pnlmaxxer]

Hey bro ur ngmi if you don’t stack [insert L3 clob perpdex slop] points

[merp @0xMerp]

Hey bro are you farming papertrade variational extended riseX edgeX qfx eqx entropy nado ink gte tplus tplusplus tfx ftx backpack tradexyz paradex gvrt jtx bullet and phoenix?

[mystic @pnlmaxxer]

we should all just balconymax more

[eigenesis (misaligned) @eigengenesis]

the only moat left is the love of the game

[mystic @pnlmaxxer]

throwback

[mystic @pnlmaxxer]

If u keep ignoring $shfl u will regret it.

[mystic @pnlmaxxer]

this is why shuffle will continue to win long term

aussie goat

[Noah @noahdummett]

For everyone asking:

- yes it's real
- 6 month term
- money well spent to get this mf off the internet

His lawyers are now pressing us hard to have this contract scrapped but we will stay strong

[mystic @pnlmaxxer]

don’t rip 1000x leverage on @papertrade_xyz and call it “farming”

[mystic @pnlmaxxer]

beautiful day to rip some 1000x longs

[mystic @pnlmaxxer]

@litocoen undisputed

[mystic @pnlmaxxer]

dudes will fly across the world to seoul and Singapore (back to back) but won’t make the extra leg to see the nicest city in the world

[mystic @pnlmaxxer]

last 10.10 my euromaxxing ass was asleep for the first 8 hours

this time I am ready

[mystic @pnlmaxxer]

just in time for 10.10 anniversary, truly beautiful

[Justin Drake @drakefjustin]

Today I call upon the blockchain industry to calmly begin planning for "bunker mode". My personal recommendation is to set in motion a controlled mass migration of assets to fresh addresses, i.e. addresses whose pubkeys remain hidden behind a hash.

Holders, starting with large and sophisticated ones, should consider moving the bulk of their funds to addresses that have never signed a transaction. And when they do sign one, they should also move remaining funds to a new address (possibly generated from the same seed phrase).

Don't rush. While I believe there is cause for action a rushed migration would do more harm than good. Don't panic either. Moving assets to protected addresses is a simple, preventative step which does not require new cryptography or new wallets.

IMO it is now reasonable to brace for the possibility that ECDSA breaks before qday, in the worst case in months not years. By "break" I mean fast private key recovery (e.g. in one week) on available hardware (e.g. a large GPU cluster).

Recent days have been humbling for human mathematical intuition. Long-held, unquestioned hypotheses have fallen. This includes the n log(n) bound for integer multiplication and the 3SUM conjecture. In hindsight, May's unexpected disproof of the Erdős unit distance conjecture was our warning shot.

Yesterday's OpenAI drop made it clear that mathematical superintelligence is upon us. They say there are weeks where decades happen. We are about to live through weeks where centuries of mathematical progress happen. Could our magic 64-byte ECDSA signatures be too good to be true? Was it just security through obscurity all this time?

Elliptic curves feel especially vulnerable to superintelligence. Curves carry rich structure, with room for fancy tricks like Schoof, Frobenius, pairings. (By contrast, hashes are designed to minimise algebraic structure.)

Separately, as Ewin Tang can attest, an efficient quantum algorithm sometimes foreshadows an efficient classical one. We should be open to the possibility of a classical counterpart to Shor that breaks elliptic curves and RSA at once.

Also noteworthy is the striking under-representation of cryptographic breakthroughs among the 722 mathematical results OpenAI published. I've witnessed first-hand the US government censoring academic quantum cryptanalysis results. Backroom interventionism is my base case.

I urge large, sophisticated actors to lead by example. Project11's "risq list" (bitcoin-risq-list.projecteleven[.]com) is a great tracker of exposed BTC pubkeys. Binance, Bitbank, Robinhood, Bitfinex, and Tether have an opportunity to harden their cold storage. Next month I'll address institutions in London in a live Q&A (forum.ethereuminstitutional[.]org/london-2026).

Again, please do not rush. Wallets holding under 50 BTC enjoy partial cover from "Satoshi's shield", i.e. his 20K exposed addresses that hold 50 BTC each. Load-bearing signers like oracles and L2 security councils should consider rotating ECDSA pubkeys with every signed message and/or multi-signing with a hash-based schemes like SPHINCS.

Exiting bunker mode safely will require post-AI cryptography. My inclination is to go all-in on hash-based cryptography and avoid structured mathematical assumptions entirely, whether from curves, lattices, or isogenies. A single battle-tested hash (e.g. from the SHA or BLAKE families) yields plausible post-AI security.

The Ethereum roadmap on strawmap[.]org fully embraces hash-based cryptography with end-to-end formal verification as a response to the quantum threat. Those timelines must now be revisited and accelerated in light of mathematical superintelligence. I'll be pushing for maximum defensive acceleration.

[mystic @pnlmaxxer]

nothing like a Guinness flavoured ramen

[mystic @pnlmaxxer]

one too many corgi hires it seems

[Jeff Weniger @JeffWeniger]

@financialsamura @nico_laqua At the moment, the exposures to those two are via total return swaps on the perpetual futures.

[mystic @pnlmaxxer]

dudes will fly across the world to seoul and Singapore (back to back) but won’t make the extra leg to see the nicest city in the world