Hyperdelta

The VC chains are beginning to rust, Their CEX vaporware tokens have lost all our trust. We’re flushing the memes, the ponzis and the copycat away, Wishing for real @HyperliquidX innovation this Christmas Day. So @hypurr_co , @HypurrFi , @HyperdeltaX,.. come raise up your glass! 🥂 For @chameleon_jeff , and the House of Finance built to last. To the builders, the believers, and all the @HyperliquidX fam, A very Merry Christmas! 🎄⚡️🤝

HIP-3 live on the Hl.xyz front-end this weekend was not on our bingo card, but very welcome OFC 💚 — @chameleon_jeff back on the risk-on arc? We already knew he wasn’t 996, but this is bigger than $USDH, kek. Some great takes from @ThinkingUSD’s latest pod which is a must listen: – Longs perpetualization is the real trade you do not have to miss — $HYPE, with clear bias, remains the better proxy (buybacks + team alignment). – Echoes @izebel_eth’s point on the over-gamblification arc — rhyming perfectly with the Fourth Turning (still @RaoulGMI’s best recommendation ever). – Jez’s July essay aged like fine $HYPE @ 35 called by @smartestmoney . However, as one of the largest options users in DeFi (> $500M notional traded), and clearly bias as well: Perps won’t fully replace options — they’ll converge on @HyperliquidX. ( BTW we can’t wait for @HyperdeltaX 💚) Sure, once a 0DTE goes ITM, the payoff = a perp. And a perp is a much cleaner UX for the hyper-gamblers, sure — but that’s just one PMF. Convex payoff would be still a thing for different users who want different exposures. And in the perpetualization bet, options are actually best friends — they add real base volume from folks like us who delta-hedge. The “perps > options” narrative assumes the hyper-gambler is the only PMF, but our thesis is broader — Hyperliquid as the liquidity layer for ALL finance, not just hyper-gamblers. The issue is you needed very liquid and integrated delta-1 to make options competitive that’s exactly what’s @HyperliquidX + coreWriter are enabled. If Jeff’s right and $HYPE’s upper bound isn’t just @degennQuant FUD levels 🤣,then we’d better start thinking bigger as Hyper-liquid ecosystem. The house of ALL finance. High-margin hyper-gamblers are welcome, kek — but there’s a lot more to build on Hyperliquid. 🧠 Also, @izebel_eth’s take: 🔗 nitter.gq/izebel_eth/status/1945… 📗 For context on the Fourth Turning arc: amazon.com/Fourth-Turning-Am…