I am confident that $hype has bottomed after visiting $14 area.
Do not lose hope now. The corrective wave has ended. Wave 3 will be impulsive upwards.
Believe $70-$100 is on the cards within 3 months
Assuming that this bloody massacre is coordinated by our lovely CEXs
it should be fair to expect that they will clean it up and close at least above 90.5k?
Retail rinsing✅
Refilled bags✅
Bear Trap⏳
Wut…sickening to see🤮
No wonder Bybit was “calm and professional” when handling the stolen funds. Partners that helped are busy enjoying the retail buffet this week…
Well played👏
Damn $S is going absolute bananas and I dont have a position.
Think it will revisit sub 0.80 today or tomorrow before rocketing further. I will be waiting!
Execution
Extremely proud of the community and team for the smooth launch of the HyperEVM. The upgrade happened amidst billions of dollars of daily volume, where the majority of defi derivatives trade. There was no downtime, and no performance degradation after the launch.
The UX of trading is still so seamless that many users assume the HyperEVM is a separate chain! To be clear: the HyperEVM and the existing native Hyperliquid financial system are one composable state.
The safest way to upgrade this uniquely complex system is a gradual rollout. Precompiles and other L1 interactions will build upon the sturdy foundation of the initial HyperEVM release. This will unlock an entirely new class of performant defi applications, but more on that later.
Right now I want to focus on the execution of the launch. A bug in HyperEVM logic or an unoptimized code path would've crippled the entire blockchain, affecting hundreds of thousands of users and billions in open interest.
This was a massively challenging launch: a jet's engine was flawlessly changed mid-flight.
--
Philosophy
The HyperEVM launch stayed true to Hyperliquid’s “no insiders” principle. Hyperliquid has always embodied the original ethos of crypto: no investors, no paid market makers, no fees going to any company. The HyperEVM launch is yet another example that integrity and fairness are the pillars of Hyperliquid.
The tradeoff of a fair launch is that things are a bit messy to start. Tooling might not be there from day one. Builders need to familiarize themselves with the tech. But these short term obstacles are nothing compared to the long term value of fairness. No one had a head start or unfair advantages. I’m impressed that some teams deployed dapps, tooling, and analytics within hours of the HyperEVM release, a testament to the strength of the builders and community.
Hyperliquid will eventually be the credibly neutral infrastructure that houses all of finance. Looking back, the L1 launch, HYPE genesis, and HyperEVM launch will all be important milestones. Success is path dependent, and there can be no blemishes on the fair trajectory towards the final state.
The HyperEVM is a clean slate. The community is hungry for quality applications. Where else in the world is there such an imbalance between supply and demand for applications built? Fast, general purpose chains are nothing new. But on Hyperliquid, builders can plug into a mature, liquid, and performant onchain economy with real users.
I've noticed a pattern that builders, traders, and communities who "make it" on Hyperliquid are those who call Hyperliquid home. Legacy players don't win just because of their credentials. Newcomers have equal opportunity to win by challenging the status quo and seizing the opportunities. There are empires to be built on the HyperEVM, and the community welcomes builders with open arms.
Hyperliquid
Despite the horror past few days,
- higher low formed
- fear and greed down the toilet
- calls for crash below 89k
- S&P ath
Likely another “we are so back” season next few weeks before another toilet flush again for a higher low
The HyperEVM is live. This is a major step toward the vision of housing all finance by bringing general-purpose programmability to Hyperliquid’s performant financial system. The initial mainnet release of the HyperEVM includes:
1. HyperEVM blocks built as part of L1 execution, inheriting all security from HyperBFT consensus.
2. Spot transfers between native spot HYPE and HyperEVM HYPE. As a reminder, HYPE is the native gas token on the HyperEVM.
3. A canonical WHYPE system contract deployed at 0x555...5 for defi applications. The source code can be found at https://t.co/pXmVRNpqov
Effective immediately, the bug bounty program will pay mainnet bounty amounts for reports within the scope of the points above. See https://t.co/KamzgZAYWh for details.
For API and wallet users: the mainnet HyperEVM has chain ID 999. A JSON-RPC server for the mainnet HyperEVM is hosted at https://t.co/BB0W8L4cXp. Node operators and other builders are encouraged to host their own RPC servers.
Tooling and analytics around mainnet HyperEVM may not be polished on day one. However, there are many talented builders working to solve these developer pain points. To help with these efforts, raw HyperEVM block data is streamed realtime to S3 so that running a node is not required to index the HyperEVM. More technical details can be found here: https://t.co/h6GeFo8HIl
General ERC20 native transfers and precompiles will be enabled on a future network upgrade. Any ongoing feedback for these features on testnet is greatly appreciated. While these features are implemented on testnet, the mainnet releases are staggered for minimal disruption to existing users on the L1. The HyperEVM is composable with the L1 state while not affecting the low latency trading experience of existing users.
Thank you to all the builders and users who have shared feedback on testnet so far. It will be exciting to see new applications leveraging and building upon the existing onchain financial system of Hyperliquid.
Hopefully this ends the memecoin mania. That dude is probably going to be the fallguy for the memecoin space.
I think we should expect more downsides for crypto short-term before the sun rises again. Sigh…
Curious about the bear case for the drop below 90k.
So far, we had
- deepseek and tariffs FUD
- binance asset dump
- multiple billions of liquidations
- extremely bearish sentiments
- recent BTC ETF outflows
Yet prices are still forming higher lows. Not convinced tbh
You know why CT is full of faggots?
Because niggas on here will do WHATEVER so long as they make some money.
They'll gag on balls if it means they can peel off 6 figures from a shitcoin, whilst the person behind it is profiting multi-millions.
In some cases, 8+ figures with ease.
I would rather make NOTHING with the opportunity offered to make even 100 MILLION DOLLARS,
If it meant that the person behind it makes nothing too.
You guys aren't petty enough, you're too soft.
You want to play the little "shitcoin rotation game" because CASH is the ONLY THING of value to you.
You niggaz let a homosexual grifting Jew come into this space after FIVE PLUS YEARS of shit talking crypto.
You welcomed him with open arms.
I would've spat in his face and told him to get fucked.
You guys sit here LE EPIC PRO LARPing about being "TRUMP SUPPORTERS" because it benefits crypto.
But you aren't even REAL CONSERVATIVES.
Because if you were a TRUE CONSERVATIVE,
You wouldn't let ILLEGAL ALIENS come to our space and rape the whole industry just because they're regarded as "celebrities" [a few million USELESS followers].
"B-b-b-but mass adoption though bro?"
Yeah how about you just buy BTC or ETH if you want to join this space,
Do you need to launch your DOGSHIT SCAM TOKEN like every other fuckhead?
It is ALL FOR THEM to benefit from, under the guise of "doing it for crypto."
You couldn't do SHIT for crypto even if you tried, you're IRRELEVANT.
In the real world,
If someone who thinks they're HOTSHOT went to a different city and tried to do business,
They would have to answer to the BIG TIMERS of that city.
If they tried to sell their goods, they would get THEIR DOMEPIECE SHOT UP.
You guys spent years in this space and monopolized it as "CRYPTO TWITTER,"
Only to open the borders and let extractive scammers enter PILLAGING everything.
99% of this space is infested with SPINELESS PUSSIES.
Get some testosterone in your pathetic bodies and get these dumb fucks out of here.
Retar Dio.
Cute daily closes past few days, MMs being fickle minded and CT is so depressing rn…
Rmb, its still a higher low despite all that fud. Likely local bottom is in. CPI next week should set the tone🫣
If meme coins thrive on fairness, community n transparency, then why not $HYPE
It meets all the above + features that can challenge CEX n tradfi.
Get that most think it wont 20-50x but at least, it aint PVP.
Just alloc alittle like 5% of port, wont hurt but may save yo ass.
Yoz, we done crying? Worse is over. Momentum is slowing, trend bout to change
February is still very likely going to be a green month. Read the charts, not the prices(yet)
i think people are wrong about murad
his whole thesis is about actually believing in something rallying behind a coin with a strong narrative and real devs instead of treating everything like a casino
if we did that, we’d have billion dollar coins by now
GOAT should be the biggest coin in the space, the ULTIMATE cult coin the community of people actually pushing the industry forward and making sure we stay ahead in ai agents
there should be global meetups, underground societies, real coordination to keep us ahead of everything
but instead, people are treating this cycle like a roulette table
if we played this right, we’d already have multiple billion dollar coins locked in