🚨 Astra Nova @Astra__Nova lost $10M after 8.3% of $RVV got dumped.
Team says “market maker was hacked” — yet no USDT freeze, no proof. 🤔
Now they promise a buyback, but the community’s calling it a rug. 🧶💨
Same AI + crypto playbook, new year.
Join the discussion 👇
https://t.co/NPl6QS7HQf
#AstraNova #RVV #RugPull #Crypto #AI
Debunking the FUD that Hyperliquid prioritizes protocol revenue over traders
On 10/10, Hyperliquid ADLs net made users hundreds of millions of dollars by closing profitable short positions at favorable prices. If more positions had been backstop liquidated, HLP could have made hundreds of millions of dollars more in pnl, while being exposed to an irresponsible amount of risk. ADL passed on HLP's potential pnl to users while decreasing HLP's exposure, a win-win.
As a reminder the ADL queue on Hyperliqid has always followed a similar formula to what most CEXs use, incorporating both leverage used and unrealized pnl on the open position.
Finally, thanks to everyone for the feedback on ADL. Suggestions generally increase complexity, such as partially offsetting long and short positions in historically correlated assets. I don't know of other major venues that use more complex logic for the ADL queue. Simple formulas are more robust and understandable by users. Nonetheless, there is research being done on whether there can be substantial improvements that merit more complexity.
On October 1, Aster's 24-hour perpetual trading volume peaked at $63 billion—8x Hyperliquid's.
By October 16, that figure had fallen to nearly $17 billion, now just 1.5x Hyperliquid's. Meanwhile, Hyperliquid's 24-hour Open Interest hit $7.28 billion, more than 4x Aster's.
The takeaway? Short-term mercenary liquidity chases @Aster_DEX's incentives, but in the long run, @HyperliquidX remains the undisputed leader.
Lighter? forget it.
The night just got even hotter!
Two of the hottest BNB Chain @BNBCHAIN meme coins have just landed on @Aster_DEX.
We move fast so you can trade faster.
🔸 $币安人生 https://t.co/3IOb9L415O
🔸 $PALU ( @palucto): https://t.co/A8Nk86KnGi
This week, @chameleon_jeff spoke at @token2049 for a fireside chat and defi panel.
Thank you to the community members who traveled all the way to Singapore and listened in. Hyperliquid swag and Hypurr plushies were a common sight in the crowd.
Permissionless spot quote assets are live on mainnet. Stable asset deployers can enable quote asset status, subject to the onchain requirements outlined in the Docs.
Any quote asset can be specified as the quote asset in the first spot pair of an HIP-1 deployment. Additional asset pairs between existing base and quote assets can also be deployed through a permissionless Dutch auction. This auction is independent from the HIP-1 token auction.
@nativemarkets deployed USDH as the first permissionless quote asset. HYPE/USDH trading is now live, with more permissionless pair deployments possible in the future.