KRN retweeted
Showdown; where It pays to be good.
Showdown v3 is live. Compete in duels or competitive tournaments on your own skill in CS2 & Chess, real money, real matches and instant pay outs.
What's new:
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◆ Showdown Umpires - A review system on every dispute/reported duel
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Win your Showdowns, get paid.
KRN retweeted
One of the more important things in the SEC’s proposal is the concept of decentralization becoming less rigid.
The SEC actually says the “proper focus” should be whether the issuer fulfilled its promised essential managerial efforts—not some “general market conception of decentralization.” (pg. 74)
For years, the question was whether a network had become “decentralized enough” for its token to no longer be a security. That was always a little incoherent. Almost every serious network still has a core team.
The SEC is now changing focus to a different question: has the team finished the work people were relying on it to do?
The proposal says that once a network is functional, the original team can continue maintaining it, improving it, funding development and pushing adoption without those efforts necessarily keeping the token inside securities law. (pg. 57)
So the test shifts from being about whether there is a central team to whether the market is still buying an unfinished promise.
KRN retweeted
Crypto is a legit and indeed inevitable technology. Usually such things are net positive.
KRN retweeted
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
DeFi summer 2026 reads like GMX and OHM had a baby.
Introducing @papertrade_xyz - a fair-launched, fully-onchain perpetuals exchange built on Hyperliquid by @izebel_eth & @blurr
-1000x leverage
-0 slippage
-No funding costs
-Self-bootstrapping LP
Coming soon. Learn more at: docs.papertrade.xyz
KRN retweeted
Over the past 2 weeks, RWA trading on Hyperliquid has repeatedly broken records, surpassing $1.3B in open interest and $1.4B in weekend volume.
When traditional markets are closed, Hyperliquid is the premier venue for 24/7 price discovery on oil, metals, indices, and other essential assets. This is an important step towards housing all of finance.
KRN retweeted
We are Hyperliquid Policy Center.
HPC is a research and advocacy nonprofit focused on advancing a clear path for decentralized finance to thrive in the USA.
We will introduce policymakers to @HyperliquidX and bridge the gap between law and next-generation market infrastructure.
Spent last 48hrs setting up @OpenClaw_ai.
Setup is smooth as a non-dev (VPS), but relied heavily on Claude to debug.
Remembers context across sessions - huge unlock.
Using it as chief-of-staff, pretty wild so far.
Will share more as I tinker.
Jeff getting Paradigm to work for their bags is just *chef's kiss*
Hyperliquid.
When I pointed out problems with Tarun's understanding of Hyperliquid, he challenged me to read the rest of his paper, suggesting I was too dumb to understand it.
I don't like obscurantism or gatekeeping. So I did what he asked. Here's what I think:
* The paper is wrong about what ADL is, even more fundamentally than what I pointed out yesterday.
* The paper proposes that exchanges should sometimes take on platform-level insolvency risk, which I think is not a good idea.
* And the core “ADL trilemma” is basically a restatement of its own assumptions, including an explicit assumption that insurance funds won't work.
🧵
KRN retweeted
Spreading the gospel of Hyperliquid, the most exciting story in crypto, to the traditional finance world
It's always a pleasure to be on @cnbc with @BeckyQuick and Joe Kernan
Our stock starts trading this morning with the ticker $PURR
Hyperliquid
@HyperliquidX @HypeStrat @SquawkCNBC @rediamondjr
Kinetiq marketing and design is so fkn good. There is a lot to learn from how @0xommo and team execute.
Props, this looks like a banger product.
Really really good primer on running delta-neutral funding arb. h/t @ScottPh77711570
BLP seems like a pre-cursor to enabling coin margin. IMO the biggest feature missing from HL vs Binance. Incredibly bullish.
KRN retweeted
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