SPDJI just licensed the S&P 500 to trade on @HyperliquidX via @tradexyz
This is the most iconic benchmark in global finance. Claude breaks down and shares some reasons why.
• Institutional legitimacy
• First mover advantage with SP500 licensed perps
• More fee revenue for HYPE
• Validates HIP-3
• Narrative shift.
S&P500 is now officially on-chain.
24/7/365.
Powered by Hyperliquid.
Huge congratulations to TradeXYZ and S&P for this historic partnership. I'm honored that these teams choose to build on Hyperliquid.
Seeing official S&P500 perpetual futures launch exclusively on Hyperliquid is a validation of everyone's past years of hard work: global access to decentralized finance, perpetual futures as 24/7 price discovery, and Hyperliquid upgrading the existing financial stack to house all of finance.
The S&P500 is synonymous with "the market," a single number that captures the essence of the largest economy in the world. Looking forward to tracking the world's most important financial gauge 24/7 on the most liquid permissionless markets.
❗️Educational video explaining: ❗️
- Value migration theory
- Using value for understanding market's behavior and placing trades
- Exploiting value areas as dynamic protection levels
This video will help you to comprehend market dynamics on a deeper yet simple level.
Watch, implement and share if you think it can be valuable.
Rumah Flat namanya: mirip “low rise” apartment. 4 lantai. Dibangun di atas tanah 250 m2 di tengah Menteng, bayar sewa tanah 700-800rban aja.
Buat yang cari solusi hunian yang luas dan harganya make sense, tonton sampe abis 🏡 https://t.co/sUXA5QC9yG
You're not bullish enough on $HYPE.
HIP-2 and HIP-3 give access to billions of free liquidity to builders.
One fact: Hyperliquid achieves its level of success because it chooses to democratize its business. By being willing to take a smaller portion of the pie, you significantly increase the size of the pie. This has always been at the heart of crypto protocols. Only now that it's correctly implemented on perp DEXs.
Plain and simple.
BTC at ath. how about alts?
"Koryo is your alt chart broken?"
No ser, the alt market is broken.
Just look at TOTAL3/BTC chart. Is has been down only for 3 years.
because alts includes all the trash projects. it's not just hype aave and fartcoin. It's also $strk $waves $reef $om $fwog etc. actually the vast majority of alts are down against btc. this used to be in bear markets. now, it's always. paradigm shift.
most importantly this is not going to change. in fact, it's only going to get harder:
1/ institutions, funds, and states only buy btc. They will not buy your bags.
2/ Following Circle, more and more profitable crypto companies will do IPOs. This is an instrument trade-fi understands and feels comfortable with. They now have even less reasons to buy your bags.
3/ Retail is gone and will not come back in the same way. every indicator you look at (on-chain, social, etc.) shows that retail presence peaked in the 2024 meme season.
How many times does the average man need to lose money on crypto to understand their dreams will never come true?
at this stage, even your grandma has heard about crypto.
btc at ATHs and no sign of retail.
Retail, also, has matured.
4/ crypto adoption ≠ alt season
crypto is doing great. Better than ever in fact.
- Institutional adoption
- Pro DeFi US regulations for the 1st time
- Stablecoin adoption everywhere
But again, probably none of that will result in anybody buying your alts.
5/ CT is collectively getting better.
This isn't 2017 anymore. There is no obvious alpha anywhere. The easy arbitrage or hodl days are gone.
we have seen it all and people don't fall easily for low quality projects anymore.
You can see that on any new launch that goes straight to 0. Even though, they are generally launching at lower FDVs, higher circulating tokens, etc. etc.
The average crypto investor is now looking for projects with non-incentivized net positive cashflow and high mindshare.
at some point, $hype too will become too consensus (as eth, sol, doge, tao) once were, and then ppl would have no idea what to bid.
you have to be both extremely selective and quick to adapt.
but even then, we for example tried our best to pick the projects with best fundamentals, our so called Sweet Spot index, and you can see that except hype and syrup, they still all underperformed btc ytd. which means funds are also probably down.
so the crypto adoption is here, but your portfolio is far from its ath and the 10x you needed to retire and leave crypto forever won't come that easily.
unless.
unless you stay sharp. keep showing up every day. trying to find an edge. take risk. do things others won't do. use the right tools. stay cold and manage your psychology (unlike JamesWynnReal). if you fall on that group, crypto is still the best place.
🎁For many altcoins PA I would start pay attention at crucial dates:
- Sunday 09 May 2021
- Wednesday 01 December 2021
- Monday 01 November 2021
- Saturday 04 December 2021
- Monday 09 December 2024
- Tuesday 16 November 2021
- Tuesday 07 January 2025
That's where you can take profit in a very accurate manner looking for bearish reversals.
Not every coin will achieve those dates but I give a high probability for many of them.
Start studying those dates, in my opinion.
One of the metrics I use most often to double check potential gems (especially new early projects) is holders data.
How are the top holders positioned? How decentralized is a project really?
Tracking this on-chain is usually quite tough but if you're checking up things on your mobile a lot (like me 99% of the time) @GeckoTerminal is literally a gift from the heavens.
Things I always look for:
- How much % do large holders have (important to not mistake this one with contracts or exchanges - that's not an individual holder)
- How much of those are connected (5 connected wallets with 1% can still mean it's a 5% individual holder)
- Healthy distribution (A large holder is fine but you don't want to see 80 holders all having 1% each)
If you haven't tried it, you haven't leveled up imo.
The best fine-tuning guide you'll find on arXiv this year.
Covers:
> NLP basics
> PEFT/LoRA/QLoRA techniques
> Mixture of Experts
> Seven-stage fine-tuning pipeline