drewbtc retweeted
15,916,962 USDC HAVE BEEN SENT TO HYPERCORE, READY TO BE TRANSFERRED TO THE ASSISTANCE FUND.
nitter.gq/HyperliquidNews/status…
drewbtc retweeted
Bitcoin is the #1 source of cross-chain inflows into Zcash right now.
zcash:native at new ATHs. This is just the start.
Come home. Stay private.
drewbtc retweeted
new feature observed on hl testnet: stars
afaict stars let deloyers make a hip-3 dex address-allowlisted for trading. testnet allowlist size currently is max 10k addresses. non-allowlisted addresses can still submit reduce-only orders / fund accounts.
see ktob ("BTC Star DEX")
some relevant txs:
0x851e0bc62988fe9e8697042529220801080023abc48c1d7028e6b718e88cd889 (register ktob:BTC)
0x54c1a9c94451ac7e563b0425292214010100c1aedf54cb50f88a551c03558668 (activate star)
0x875b29d555ffdba188d4042529221c01030041baf0f2fa732b23d52814f3b58c (approve trader address)
0x9dbce81f1a86dc269f360425292224010c000004b589faf841859371d98ab611 (unhalt ktob:BTC)
0x3130533baff0a23a32aa0425292ce1010a006b214af3c10cd4f8fe8e6ef47c24 (unapproved address funded)
0x8923485ccfdea73b8a9d0425292d2c01010060426ad1c60d2cebf3af8ed28126 (unapproved address attempts to place order and fails)
0x326fcd720ba84bd833e90425292e06010400e557a6ab6aaad63878c4caac25c2 (approved trader address funded)
0xe070d0c9f5aca692e1ea0425292e33010300e8af90afc56484397c1cb4a0807d (approved trader address places order successfully)
can think of a few reasons why this might be useful, but will refrain from speculation for the time being.
drewbtc retweeted
Hyperliquid's open interest has reached a new all-time high of $11.14B, its highest level in 276 days.
The milestone was largely driven by HIP-3 markets, which now account for $3.69B in open interest.
drewbtc retweeted
This is the most bearish chart in crypto, showing a massive ongoing rotation. The blue line going vertical shows capital fleeing native crypto assets to bet on stocks on Hyperliquid etc instead. The tan crypto line is struggling because there's no new capital.
drewbtc retweeted
We welcome today’s CFTC actions: approval of the first U.S.-listed perpetual derivatives contract, an accompanying Commission policy statement on the listing of perpetual derivatives, related interpretive guidance and no-action relief from the Market Participants Division, and a Staff Advisory on 24/7 Trading, Clearing, and Settlement, as a long-overdue acknowledgment that perpetual derivatives are a legitimate and essential tool for price discovery and risk management.
For too long, regulatory ambiguity drove these markets offshore, depriving American traders and institutions of access to regulated venues and undermining U.S. competitiveness in the global derivatives markets.
Today’s actions chart a new path forward. We look forward to engaging closely with the Commission to ensure that the framework it develops is workable not only for centralized intermediaries, but for the onchain protocols where the most significant perpetuals activity actually occurs.
.@CFTC Issues Policy Statement Concerning the Listing of Perpetual Contracts: cftc.gov/PressRoom/PressRele…
Farming Saturn through the Curve LP pool. USDat/sUSDat mirrors the USDai/sUSDai split that just printed. Stable base, yield-bearing staked version. Same setup: dominant narrative, weak DeFi yields, clean architecture. Curve LP is the best spot for max Gravity Points.
Ref: SAT-21B4DF5A
Looks like anyone who traded in the @variational_io trading competition got some extra points last week
If you're a hype trader this account has some great analysis of the options market
1/
Everyone is asking what $HYPE does next.
I can tell you the market is pricing real action around April 29 and 30, concentrated at 40, 45, and 50.
Am I guessing? Reading tea leaves? Neither. I am reading dealer positioning. Let me show you the four charts that built this view.
Thread by: @derivativemonky
drewbtc retweeted
1/
Everyone is asking what $HYPE does next.
I can tell you the market is pricing real action around April 29 and 30, concentrated at 40, 45, and 50.
Am I guessing? Reading tea leaves? Neither. I am reading dealer positioning. Let me show you the four charts that built this view.
Thread by: @derivativemonky
I have a feeling we sell off a little tomorrow in the build up to negotiations. I'm planning to play for the taco, but it seems like the market isn't pricing in the tail risk of Trump going crazy this time.
drewbtc retweeted
Something structural is happening in crypto perps
the DEX/CEX perp ratio went from 6.3% to 18.7% in 2025. tripled in one year
@HyperliquidX alone is now 18% of @binance perps volume. it was 2% in october 2024
$2.95T in 2025 with 11 employees. 2x coinbase, 12x robinhood
binance's perps volume is down 24% over the past 12 months. hyperliquid's is up 75%
