RFQ perps aren't serious as an endgame for crypto exchanges
If you don't believe all meaningful price discovery will come onchain, why are you even in crypto?
Many "thought leaders" talk a lot about exchange latency but traders don't actually care
Execution is what matters
Lower latency to the exchange = better fills.
Lower latency on the exchange = irrelevant.
Better to wait 400ms for a great fill than 20ms for a bad one
all single points of failure and security short cuts will be exploited
consistent build and runtime integrity checks for all deployments are baseline
company-issued laptops with only approved software are now a requirement
only the paranoid will survive
@moonshiesty@HyperliquidX the team was outcompeting other market makers prior to starting hyperliquid…
previously they offered faster data access to anyone doing enough volume. they’re just making a marketplace for it now
how to retire ADLs forever: the Hyperliquid ADL Insurance Fund
How? when a trader's position gets ADL'd, automate re-entry over 15min
trader maintains exposure and it's profitable on average for the fund
only possible via the prime layer for hyperliquid @notional_xyz
Unified margin across hyperliquid and polymarket is coming soon.
Higher capital efficiency from UM = more volume, higher profits, and deeper liquidity for everyone.
powered by deep spot liquidity on hyperliquid and @notional_xyz
I extended my research and mapped every @Polymarket wallet to @HyperliquidX
Out of 3 million PM users, 100,693 are also active on Hyperliquid. That’s only 3.3% of users.
But those 100k wallets generate ~12% of all Polymarket volume, $6.1 billion in trades.
From the other side: 1 in 8 Hyperliquid users has a Polymarket account.
Bottom line: the most active capital in prediction markets and the most active capital in on-chain perps is basically the same money.