HoneyBadger

DEX KOL Trader guy @wallet /\ I work with alt, meme & perp traders trading $1m+ month

[HoneyBadger @Ryski]

if im sliding into your dms, that's cause @wallet is a fan.

if you're trading 6 figs/month and haven't heard from me, slide into my dms.

@okx and I are putting a spotlight on the OG dex tradorrs

why you not in anon?

[HoneyBadger @Ryski]

insti stimmy coming up

[mert @mert]

people are starting to use shielded transactions on zcash over regular transactions

long way to go, but the trend is clear

[HoneyBadger @Ryski]

pre IPO derivatives is a thing.

if $HYPE rallied 7% off @tradexyz's SpaceX pre IPO, how are you pricing in the IPO waves following open ai, anthropic and moar?

[HoneyBadger @Ryski]

ouch

[jords @jords]

okay so the hyperliquid announcement is omega giga bullish and there are enough tldr's around for you to read the basics but here are my favourite parts:

- the core team clearly has high leverage even with the biggest players in the game as they secure a deal with extremely favourable terms
- one of the biggest friction points (bridging to HL) will soon be direct through circle's cross-chain protocol
- hard to describe how big of a win this is from a regulatory standpoint just before the clarity act is likely to pass. two of the most scrutinised and regulation-friendly teams just threw a massive amount of reputation and money at HL right before it goes through the senate. that timing isn't an accident
- this deal reaffirms the HL team remains extremely aligned with the growth of the token and redistributing the wealth created on chain back to users
- there are no 'leaks' in the HL team, in crypto it's very common to see tokens outperforming into unknown announcements, $HYPE has been bleeding coming into this announcement
- there is no other chain where increasing TVL feeds directly into token increase, $HYPE now does

this announcement really helps smooth over the bear cases and creates an even higher ceiling for the bull cases

hyperliquid will be the house of all finance and all others will be competing through builder codes

hyperliquid

[HoneyBadger @Ryski]

not wrong

[insomniac @insomniacxbt]

ya'll complaining about how there's not enough people buying btc outside of saylor

bro not even you want to buy btc; you rather own zec or hype or trade ai stocks

make it make sense

[HoneyBadger @Ryski]

sht, i need more zcash:native

[Taiki Maeda @TaikiMaeda2]

My entire bloodline chanting my name as I continue to buy an irresponsible amount of $ZEC

[HoneyBadger @Ryski]

60% hyperliquid:native
10% $ZEC
30% on a sh!tter that better moon soon🌕

hyperliquid

[HoneyBadger @Ryski]

tradfi inception is happening

hyperliquid

[s @sershokunin]

👀 @tradexyz @HyperliquidX

[HoneyBadger @Ryski]

$USDC actualising the opportunity to be the canonical Stablecoin on @HyperliquidX

Upto 90% of USDC yield flows back to AF

Higher

[Coinbase 🛡️ @coinbase]

Today we’re expanding our support for @HyperliquidX by becoming the platform’s official treasury deployer of USDC.

Onchain markets operate 24/7 and require collateral that is always available, instantly transferable, and deeply liquid - USDC delivers exactly that.

Alongside this, we’ve also significantly increased our position of staked HYPE.

[HoneyBadger @Ryski]

STRC ex div date: 15 May
@saylor BTC buy days: 4-5 days before ex div

$HYPE $ZEC 👀

[HoneyBadger @Ryski]

$HYPE won’t pump if $BTC doesn’t

Sell all HYPE, pile into a ZEC/VVV mix

Buy back into HYPE post gains

Wait for BTC pump

[HoneyBadger @Ryski]

Top signal

[Ansem @blknoiz06]

• privacy matters much more in a world where we have governments armed with superintelligence that has access to all knowledge and everything on the internet, freedom to transact & store wealth without oversight

• crypto is only real hedge against AI in that AI makes everything infinitely cheaper and in doing so infinitely easier to create non-human content, crypto is the only tech that can verifiably prove things are human-generated in post-AGI world

• AI build out is currently inhibited by lack of compute, as scaling up the power grids & ramping up production of more chips takes time, there is room for coordination of unused compute to fill this gap - does not work for the actual training of the models but can work for inference during consumer & enterprise usage

• every AI lab censors their models based on internal guard rails that we do not get to opine on, there should be uncensored open source equivalents of these AI models that anyone can use, crypto is ideal place for this to flourish

• current traditional financial systems are slow and antiquated, open blockchains with stablecoins will be the end state for how value is transmitted globally, much faster & cheaper than existing alternatives with more room for tighter integrations across the stack - confirmed by increased regulatory interest with things like Clarity Act and others & also by many large tech/finance companies interest in building in crypto

• the entire world is trading, with more and more financial apps becoming 1 stop shops for all things retail can trade, it will become easier and easier for retail to shift between stocks/crypto/commodities, crypto has always been the riskiest industry but also the one where retail can achieve 100xs with small amounts of capital in short amount of time, only takes one or two coins doing well to remind people of this thesis

• 99% of coins are scams, this makes it much easier to identify and buy the ones that aren't scams, this also concentrates the amount of available capital into small # of names which leads to aggressive reratings in short amount of time, investing in crypto when everyone is convinced it is a scam is how you frontrun fomo buyers, institutions & retail alike

[HoneyBadger @Ryski]

Saylor just pulled a uno reverse on people/bots front running him looking to dump on him on ex-dividend date

Cinema

[HoneyBadger @Ryski]

In bull, your wealth multiplier is the strength of your conviction

$HYPE

[HoneyBadger @Ryski]

If we bulling, this cycle will be dominated by

Fundamental projects $BTC $HYPE
Contrarian project $ZEC

what else is signaling the bottom?

[HoneyBadger @Ryski]

$ZEC

@tulipking pilled @TaikiMaeda2 pilled me

[HoneyBadger @Ryski]

this.aged.well

[RYAN SΞAN ADAMS - rsa.eth 🦄 @RyanSAdams]

This video is chilling

NSFL

Dude telling others how to buy a mansion “but you gotta know how to use crypto”

Putting it all in the anchor protocol

20% yields to pay the mortgage

What could go wrong

We deserve the bear market

[HoneyBadger @Ryski]

The genie is out of the bottle now

[Aylo @alpha_pls]

I've been digging into what actually happened with Hyperliquid during the Iran war and the data is pretty nuts.

HIP-3 volume went 14x in under 4 weeks.

Before feb 28 the whole HIP-3 ecosystem was doing maybe $200-400M a day. Solid growth since launch in october but still pretty niche, mostly the XYZ100 equity index and some gold/silver action. Nothing crazy.

Then the US and Israel hit iran, hormuz closed, oil went vertical, and suddenly every commodity trader on earth needed a venue that was actually open. Futures desks shut down friday evening and don't come back until sunday night. And when a war kicks off on the weekend and the strait that handles 20% of global oil supply gets shut down, you can't just sit there waiting for CME to open.

So they went to Hyperliquid. Because HIP-3 markets run 24/7 and you can get leveraged crude exposure at 3am on a saturday if you want to.

By march 24 @tradexyz (the dominant HIP-3 frontend), was reporting $5.6B in a single day. 45,300 unique traders. WTI crude alone did $1.27B, brent did $1.04B, silver did $1.01B. Commodities completely flipped crypto-native pairs in terms of volume which has never happened before on a defi platform.

The OI trajectory shows the structural nature of it too. It wasn't just a one day spike. OI went from $260M in late december to $790M by end of january to $1.2B by march 10 and kept climbing after that, hitting $2.37B in early April across all 6 HIP-3 exchanges. Every single week was a new all time high. tradexyz alone held 91.3% of all HIP-3 open interest at that point.

At peak HIP-3 was doing 40% of total hyperliquid volume. And all that volume flows into fees which flow into HYPE buybacks which is part of why HYPE was up 50% YTD while bitcoin was down 15% over the same stretch.

It's cooled off a bit since then, running maybe $1.5-2.5B a day now with HYPE pulling back about 17% from its march high. The question is whether this was a temporary war premium or a permanent shift in how people access commodity exposure. Personally i think it was an inflection point. The genie doesn't go back in the bottle.

I put together a full dashboard with all the verified data points, OI chart, pair breakdowns etc. screenshot attached.

If you are long vol for the coming years, then you want to be long HYPE.