Token2049 in Singapore is next month!
If you are interested in, or active in volatility & options trading, come by the @stsdigital_io event hosted with @DeriveXYZ to chat to our teams!
https://t.co/8GKO3ieK6s
Priority given to existing users & clients, DM me if any issues!
Kinetiq Q3 Investor Update: When @Kinetiq_xyz Became More Than Staking
Numbers
- ~$32M+ projected annual revenue across staking + @Markets_xyz
- Since the KIP-5 buyback proposal, 5.6M+ kinetiq:native (~$840k) has been bought back. ~66% of it was burned via sending to the HL Assistance Fund
- kPoints end 1 Oct 2026, after 46 weeks
- Spot assets are coming to markets-xyz!
Elysium: "The first value-accretive L2 in history"
- Goal: win back spot volume lost to Solana, Base and Robinhood Chain
- Most L2s (e.g. Base, opBNB) extract value from their host chain. Elysium aims to route activity, liquidity and fees back to Hyperliquid.
- The flywheel: spot markets grow on Elysium โ market makers hedge on HyperCore perps โ volume flows back to HL
- 600x more performant: 100ms blocks vs HyperEVM's 1s small / 60s big blocks: lower latency, attracting more builders and users
- Team projection: if Elysium captures Solana-level trading activity, revenue could grow 130โ290x from today's ~$3M a year from staking alone -> driving long-term demand for kinetiq:native and hyperliquid:native
Mechanisms
- HYPE as gas
- Sequencer revenue: 50% kinetiq:native buyback & burn via the Assistance Fund / 25% builder incentives / 25% protocol reserve
Timeline
- 22 Sep: Public testnet goes live. Builders can contact the team for setup
- 4-week public test run
- End-Oct: mainnet
Hyperliquid #totheplain
BUILT BY DERIVATIVES PEOPLE. BUILT FOR INSTITUTIONS.
@Bitrockcap, one of STS Digitalโs investors, sits down with Co-Founders Gideon Hyams & Maxime Seiler for a deep dive into why STS was built and where institutional digital asset markets are going next.
From options & structured products to regulation, risk, collateral and market infrastructure.
This is the STS story.
Read the full founder feature โ
https://t.co/Evan9PjQAX
Itโs good to have Options.๐ฏ
https://t.co/29CPjSDTad
The great derivatives flippening
"Options now make up almost half of Bitcoinโs crypto-native derivatives market, up from a quarter, after dated futures faded and perpetual futures took over the leverage"
https://t.co/PaRNvlaPKA