Rumi

"Let yourself be drawn by the stronger pull of that which you truly love."- Rumi

[Ansem 🐂🀄️ @blknoiz06]

thank you!

$ANSEM airdrop page: https://t.co/RnNxd70DmK

[Rumi @rishup77]

@BCCI @ShreyasIyer15 No @Vaibhavsooryava ..such a disappointment. He should have given a chance against minnows Ireland. most of us won’t be watching the match today !!

[Tushar Jain @tushar_jain]

1/ Multicoin published a full analysis & valuation of Hyperliquid (HYPE).

HYPE is now one of the largest positions in our liquid hedge fund. We've been accumulating aggressively since February.

Here's why we believe HYPE will be one of the best performers over the next cycle:

[Rumi @rishup77]

@blknoiz06 And 10x on $FWDI

[Vinod Khosla @vkhosla]

This would be an important new category

[Ansem 🐂🀄️ @blknoiz06]

think $MU beats on ER makes a fresh new all time high & then thats the memory top for a couple months

mag7 has already been notably weak and down off the highs, memory & semis have been carrying the market

was wrong on SpaceX strength until first major unlocks which is another sign of retail buyer exhaustion in market imo, will cut this on sustained weakness below open price at $150

capex concerns become materially more important if open source models continue to compete w/ closed source at much lower cost as we've seen this narrative accelerate over past couple months & this has not become a mainstream view yet + need to research CXMT

concerns w/ rates & inflation are real, believe bessent's comments today convey their concern w fed not cutting rates, believe that warsh removed forward guidance so that they can respond to activity in the markets & not try to calm markets ahead of time which means its likely that they will reverse course once its apparent inflationary shocks from hormuz were temporary especially if we have market weakness at the same time, gives good window from now to end of july when next fed meeting is for markets to cool off as theyve been straight vertical since end of march

crypto has been the sad kid in the corner for past two years, but believe it is in great position now with a few tailwinds that also align with ones that would make the stock market weaker, if open source ai & decentralized inference becomes a popular narrative then solana is one of the best trades to take over the next 12 months that can benefit from startups building & tokenizing products around this narra, it is the only L1 performant & cheap enough to host various applications from all different market sectors, & has consistently proven its ability to fundamentally improve underlying infra while attracting talented builders, current concerns around monetary policy & token demand vs supply are being discussed fervently with simds 123/553/550 it is much harder to build a performant chain with retail interest than it is to change monetary policy around token, if the high capex costs US tech companies are spending turn out to not be as efficient then the money from ppl taking profits there will look elsewhere & crypto gains momentum fast off the bottom currently down ~80%, last cycle sol did well mostly as a memecoin chain and clipped previous all time highs of 2021, now there is focus on perps with jtx/phoenix/bulk, focus on tcgs & breakout success with cards, focus on privacy with arcium, & two dominant tokenization platforms with heavy incentives to support protocols that arent just memecoins with metadao & pumpfun, believe sentiment around onchain apps & tokenization is at peak bottom sentiment & that there are existing protocols onchain which will do very well once sentiment flips on crypto again, & we've seen this year with hype's performance that other L1s are not dependent on btc to do well, believe sol will be an outperformer and it will catch a lot off guard in early part of trend

for bitcoin saylor & microstrategy concerns are real but theyve shown they are willing to dilute mstr holders to continue buying btc & shore up cash to pay preferreds, long btc/mstr pair seems like a good trade, but bitcoin is at very important level with 2021 previous all time highs & 200W moving average, 60k holding will mstr breaking support would be good sign for long term bottom being in

hype has been weaker on LTFs since last week, lots of narra around its strength has been from tradfi eyes & think they are more valuation sensitive than crypto traders, revenues have been mostly flat even with hip3 success & may see more consolidation until those improve meaningfully into rerating higher

overall think pump today then selloff after into beginning of Q3, think you get another chance to bid 60k btc & $60 on solana and thats the bear market low, frontrunning ppl waiting for 40ks & 40s

[Seraphim @MacroMate8]

I told you we are bringing solana back

watch people notice SOL traction after SPCX launch via backpack

say after me: STOCKS ON SOLANA

[bbshare @shadouyoua]

硅谷PayPal帮主彼得·蒂尔认为，AI正终结过去200年，以数学能力为核心的精英体系。工程、量化等“数学型人才”的逻辑优势，正在被AI迅速替代，其职业护城河也正在消失。未来真正的竞争力，在于叙事、社交语境理解，以及把AI嵌入社会系统的语言型人才，这才是人类独特优势。

工业革命让肌肉贬值，AI革命正在让“纯计算的大脑”贬值。未来的胜出者，是那些能用语言驾驭算法、用叙事锚定价值的社会系统操盘手。

作为程序员： 别只埋头代码，而是要多练自然语言描述问题；学产品思维和用户研究，理解非技术需求；开发时优先考虑伦理、社会影响；选领域深耕；把代码变成“能讲故事”的系统。未来你的优势是“代码+叙事”。所以，年轻人别慌着放弃STEM，也别觉得学文科就躺赢了。真正该练的，是用AI思考更深的问、讲出更动人的故事、构建更复杂的社会系统。蒂尔指出了方向，但真正的游戏，才刚刚开始。

说白了，需要文理兼修，才能走得更远。

[Podcast Alpha @PodcastAlphaX]

India's $200B IT services industry will be gone.

Not "under pressure." Not "disrupted." Gone.

Vinod Khosla - 40-year VC, $50M OpenAI backer in 2018 - says AI agents can do most of what TCS, Infosys, and Wipro charge for. The displacement is not a question of if. Only when.

India's only path: pivot engineering talent to AI deployment for healthcare, education, and agriculture. Very few companies anywhere in the world know how to do this. The window is short.

Full breakdown: https://t.co/zqVTFnH6Du

Source: SparX by Mukesh Bansal - https://t.co/GcwudaJSTR

[IIT Madras @iitmadras]

How should students choose an engineering branch in 2026? Is it about ranks, packages, or passion?

In an insightful conversation on Prof. Mahesh Panchagnula’s podcast, IIT Madras Director Prof. V. Kamakoti shares his perspectives on branch selection, careers, AI, semiconductors, interdisciplinary learning, and India’s vision for Viksit Bharat 2047.

Drawing from his own journey and decades of experience, Prof. Kamakoti challenges conventional branch hierarchies, emphasising that every discipline plays a vital role in driving technological progress. He encourages students to follow their interests, build strong fundamentals, use AI responsibly, and focus on long-term excellence rather than short-term salary expectations.

Watch the full episode: https://t.co/DMZmIpn4N2.

@iitmadras

[Kyle Samani @KyleSamani]

i didn't realize how dominant solana mainnet is for trading SOL-USD now. wow!

Harbinger of things to come

[Bihar : land of peace. @anil798623]

Only a true Bihari can truly understand the depth of what Vaibhav Suryavanshi said about Bihar.
His words reflect the fragrance of Bihar's soil, the pain of its struggles, the strength of hard work, and a deep sense of pride in one's identity.
His message touches the heart of every Bihari who feels a strong connection to their culture, heritage, and roots.
#VaibhavSuryavanshi
#BiharCricket
#RajasthanRoyal
#Samastipur

[Tushar Jain @tushar_jain]

Programs like this are the difference between playing to win vs playing to not lose.

Solana is playing to win.

[Rumi @rishup77]

@KyleSamani @CryptoHayes Kyle - You should have opted for near:native. @CryptoHayes has predicted 5x for Hype and 20x for Near, he is going to dump hype soon after $100 but keep on shilling $Near for long !

[Kyle Samani @KyleSamani]

@larryfink_jr @DancingEddie_ Agree Jeff is very capable. But what he’s doing is fundamentally uninteresting

Most interesting thing happening in capital markets microstructure is propAMMs

https://t.co/Hnvpo7tVbe

[Jarry Xiao @jarxiao]

There are ~5-10 key architecture decisions that make or break every large engineering system.

A misstep in one of these decisions can lead to irrecoverable roadblocks for the product in the long term.

@PhoenixTrade is not a software masterpiece, but it's the first truly viable fully on-chain perps smart contract on @solana because we made reasonable decisions in the most critical areas.

Matching Engine
The Phoenix matching engine handles trades atomically for all counterparties. This means that after a single transaction, the taker and maker positions are all fully updated to reflect the trade result. It also stores limit orders sorted by price and time.

No other perps DEX on Solana in the past has ever supported both single-transaction matching AND price-time priority. We realized that this is not a pure tradeoff and made it the top priority in the matching engine design.

While this may seem like a niche technical detail, price-based priority algorithms protect users by guaranteeing that they always get the best price to trade based on the state of the book. Non-atomic trade settlement also causes UX problems and operational problems. A delay in processing maker trades leads to more gas spent in the backend system and more latency in the UI. Users will remember a clunky trading experience even if they don't understand why.

Efficient Market Maker Updates
Phoenix has a special order type for professional market makers called "spline orders". At a high level, this order type allows market makers to configure the liquidity depth of the book at different offsets from a mid price and provides an entrypoint for efficiently updating the mid price of their orders.

Due to the nature of the current Solana scheduler, the ability to update book orders with low computational overhead enables MMs to cancel and replace quotes with both high scheduler priority and low cost.

This is a critical feature for Phoenix to support the deep liquidity necessary to offer a world-class trading experience.

Risk Engine
The margin system on Phoenix is completely decoupled from the matching engine because they fundamentally serve different purposes. The matching engine is functionally a fancy calculator that facilitates risk transfer between counterparties. The risk engine is a read-only check on the validity of these transactions.

Phoenix's fully on-chain risk engine computes the required margin, liquidation status, total withdrawable balance, and free collateral all under Solana's tight computation constraints. There are even a handful of clever tricks in the margin math that make it impossible to withdraw funds or gain additional margin on positive uPnL on particularly illiquid assets, given the right configuration.

The software separation between risk and matching enabled the team to easily reason about the behavior of both complex systems in isolation and, as a result, made the system easier to reason about and easier to update. These properties ultimately reflect in the end user's trading experience and (ideally) protect the exchange.

Conclusion
Other major technical decisions made Phoenix possible as a pure engineering feat, but these were a handful that I think uniquely demonstrate why system-level decision-making is so important. If we didn't figure out any one of the above designs, the end-user experience of Phoenix would be meaningfully worse, and the team's ability to improve on the product would be meaningfully weakened.

Any system hoping to build serious financial products needs to bring the same level of care and decision-making to all of the core software components. For Phoenix in particular, this meant thoroughly understanding what it took to not only build a functional and efficient exchange but also fitting that design to the constraints imposed by the Solana smart contract environment.

[Phoenix @PhoenixTrade]

Trade WTIOIL → https://t.co/oMFaA4oDah

Trade XAU → https://t.co/f02o5M5Jmo

Docs → https://t.co/E4wg1mx5I6

New to Phoenix? Use code 𝖦𝖮𝖫𝖣 for access, valid for the next 24 hours.

[DEGEN NEWS @DegenerateNews]

NEW: @KyleSamani SAYS @HyperliquidX HAS AN "INCREDIBLY SMALL NUMBER OF - ADMITTEDLY VERY VOCAL - USERS"

[Rumi @rishup77]

@blknoiz06 @solana @JupiterExchange