Eren Yeager

HYPE & Lighter Top Farmer, used to be kind of ok at math

[Eren Yeager @postparadis]

@izebel_eth Think some YC companies will be very successful due to the grouping effect rather than their moat

[Eren Yeager @postparadis]

@will__price too

[Chiefingza @chiefingza]

you gotta give jez credit for holding lit this long, absurd levels of shitcoin vol

[Eren Yeager @postparadis]

$HYPE and $LIT are trading like someone absolutely knows something, and we on CT just don't know what it is.

Perhaps Washington legalized it. Perhaps Coinbase perps will use lighter and hyperliquid on the backend.

[Eren Yeager @postparadis]

longing the-open-network:native and zcash:native

[Eren Yeager @postparadis]

with both $chip and $mega being absolute shitshows of launches now at sub 1b, I'm glad to finally comment that the market is healing :)

[Eren Yeager @postparadis]

$chip coming out 4/6?

Openly wondering if USDai and Mega are regretful not to have launched months ago when interest and sentiment were both higher

[Eren Yeager @postparadis]

I'm speculating that the reason Rampage called out the people who owe the money rather than the host is that Rampage also got some of the rake. Otherwise, as any hs pro would know, it's on the host.

@rampagepoker, @nikairball , @senortilt am I right?

[Eren Yeager @postparadis]

@will__price @vnovakovski @izebel_eth @hosseeb Do you think it’s a negative signal for $LIT that I’d rather bet on you than bet on Vlad?

[Eren Yeager @postparadis]

I have a hot take.

I’m guessing that all the actual $lit supporters were tired of hearing @vnovakovski say “the price will take care of itself” and that @will__price and @izebel_eth and even @hosseeb just gave up on him and thus subsequently $lit.

Onward to variational?

[Maven.HL @MavenHL]

What’s happening with $LIT? Why the fuck are we heading to a new ATL again?

After the “massive” Telegram Wallet integration everyone was expecting data to explode alongside the price.

Only the .lit bros actually believed that… and once again we were wrong.

$LIT pumped to $1.2 on the news, then reversed and continued its favourite direction – straight down.

The data is even more depressing. Zero impact on volume or OI. Lighter is still stuck in 4-6 place among perp DEXes.

On the 25th – $562M volume and only $29k revenue. That’s not “competing with Hyperliquid”, that’s embarrassing.

Right now, the Telegram Wallet integration looks like throwing sand in our eyes.

The team needs to do something fast before $LIT prints another fresh ATL.

Let that sink in.

[Eren Yeager @postparadis]

I actually find that these posts actually don’t extol the impressiveness of JS but corroborate that without the crime and novelty of crypto, that most of our crypto superstars would be at best software engineers at FANG

There are many superstars at JS yes, but the median is also probably closer to USAMO/MOP level. Crypto has merely allowed the masses to celebrate mediocrity.

@finn_hulse you’re telling me your cofounder wouldn’t on avg make JS?

JS is one of the best, but it does not garner more praise that you all failed. You probably weren’t that good.

[Zhu Su @zhusu]

Had a Jane Street Tokyo/HK interview in Dec 2008. My friend worked in Tokyo for them. He had an architecture phd from Todai and then somehow switched into quant trading. After the second interview, I realised I should’ve learned to code instead of recording Excel macros.

[Eren Yeager @postparadis]

As a former professor of math and former top trader at a Tier 1 HFT, I've really had to slowly learn that investing in crypto really boils down to longing the 6ft beautiful harvard ipho $hype chad and not the 5'4 usc egotist

thank you jeff for teaching me physiognomy matters

[enzo @enzo_gte]

Last 10 years were to prove initial concepts for smart contract based blockchains.

NFTs, Memecoins, early Perps DEXes all were needed to identify scaling problems that were required to solve before introducing useful application.

2026 marks a major shift in the psychology and adoption of the tech. We’ve gone from “promising” to “delivering.”

The fact that systems like LayerZero, Hyperliquid, Solana, and more are able to hold up while doing significant throughput is a testament to the time, effort, and growth of the industry. For the first time during a global schelling point, the only way to get real “truth” is from DeFi (“what is the price of oil on weekends?”) This has always been the goal, and now that we’re here, it’s time to move onto the next phase.

With systems like Zero and GTE, we will now have the same throughput and latency as legacy institutions, while maintaining all the benefits of DeFi.

The scaling trilemma died a long time ago. People are just realizing it now. The institutions that are being build today will be around for 50+ years, just like the JP Morgan’s of early days. Relationships and infrastructure that will compound over decades are there, it’s just up to you, anon, to find them.

If you could invest in JPM in the early 1900s would you have? What about the global marketplaces of the world? You can look to the past to find the answers for the future.

History doesn’t repeat itself, but it rhymes.

[Eren Yeager @postparadis]

Ridiculous that people are considering defi yields when you could earn 11.5% better risk adjusted with #strc than anything on defi… why earn more with less risk!

only in crypto, lol

[Eren Yeager @postparadis]

Trump is the ultimate feel based poker player, super aggro when he's hot (Venezuela, Greenland) ; when he's cold and is bluffing, begs for a fold and talks a lot

Momentum trading has been reduced to understanding the previous generation of poker players

@phil_hellmuth wdyt?

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says Iran is doing a “very poor job, dishonorable some would say, of allowing oil to go through the Strait of Hormuz.”

“That is not the agreement we have,” Trump says.

[Eren Yeager @postparadis]

Absolutely not. The billions would much rather lend in a space they understand and a space that isn’t crawling with North Korean hackers.

The yields don’t justify the risk… not even at 25%.

Textbook example of empty people making empty statements @MacroMate8

[Seraphim @MacroMate8]

there is billions of usd on sidelines wanting to lend in defi

but the yields in defi are too fucking low

can someone come up with a good yield product that can scale pls

[Eren Yeager @postparadis]

$chip coming out 4/6?

Openly wondering if USDai and Mega are regretful not to have launched months ago when interest and sentiment were both higher

[Eren Yeager @postparadis]

The overarching collapse of crypto.

Post the collapse of $UST and $luna and as seen with the most recent hack of drift, we’ve no longer seen any crypto protocols’ returns that justify the existential risk on capital.

What institution or large manager would rather bet on security that’s mostly AI generated slop vs. an asset that they fully understand the risk profile.

Bring back $ohm. At least crypto was more exciting back then.

[agentyoda @chainyoda]

Is there a way to earn more than 5% yield without risking 100% of the principal?

[Eren Yeager @postparadis]

Is nobody worried about the decreasing amount of OI and volume on $Hype? I know we’ve dubbed it The House of All Finance, but if crypto assets continue to be uninteresting, the flywheel effect of revenue generated into buybacks becomes uninteresting too? Then it’s a negative flywheel of price and disinterest.

Wonder if hyper-gamblification is on their roadmap to atone for decreasing volume

[Eren Yeager @postparadis]

citadel/Js/optiver pay 1m+ for 3-5 yoe.
this man wants you to take an 800k pay cut for the privilege of working with him.

can I short him and his fund?

[arsenii @iatskar]

hiring quants to model loans against polymarket positions at @gondorfi

- 3 to 5 yoe, tier-1 hft shops only (citadel, js, optiver, etc)
- irl in nyc or can move
- $180-220k + 1-4% equity

$15k for referral

apply below

[Eren Yeager @postparadis]

HRT has basically solved HFT.

It took a bunch of order book states, random data, absolved away features, and forced a complex neural network to perfect HFT by using infinite compute. How scary a

@quant_xbt my suspicion is there will be fewer and fewer small shops quite soon.

[Quant @quant_xbt]

We’re slowly moving away from HFT more into mid-frequency strategies, and it’s been one of the most profitable months we’ve had in years. I’ve heard other props are doing something similar. Interesting times for crypto trading.

[Eren Yeager @postparadis]

The real answer is @hosseeb hasn’t been on chain in years (none of the df head partners have), he posts not to boost his investments but his own ego

[katexbt.hl @katexbt]

haseeb, which % of your net worth do you keep in defi yield farms

excluding private LP deals or anything that has a contractual agreement or anything

talking about click connect approve deposit type of stuff, permissionless

be honest

[Eren Yeager @postparadis]

I’m ready to re-enter $lit. Wish me luck and prayers everyone. See you at liquidation or 1+ again.

the PA and negative funding on HL are insane. Almost comical how I can be wrong so often on one coin and right so often on others. The definition of insanity seeming more sane