🛡️🍯 Trust Wallet now filters tokens commonly flagged as a honeypot + rugpull from EVM & Solana search results.
Cleaner results by default.
Search by contract address (CA) to override. Always DYOR.
I think one of the best ways to buy this hyperliquid:native dip is actually via buying $KNTQ ~0.08-0.11 and buying spot/selling cash secured puts against $PURR (the DAT, not the cursed memecoin).
$6 PURR puts are bid ~0.60 for Sep18 (64% APR, about 20vol richer than hyperliquid:native). Already trading at a meaningful discount to NAV now and sitting on tons of cash, definitely the most disciplined DAT runners out there.
$KNTQ is down ~60% from ATH and I think they soon find their footing after the USDH rugpull. Still a very lucrative business (paying over 7% real yield to stakers). solana:jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL is the relevant comp here and I think they're a good case study in how much you can monetize being the dominant/only liquid staking protocol. $KNTQ trades at a 37x rev/FDV ratio where as JTO is 149x. Stupidly cheap price to bet on a good team with good PMF.
Both are clean hyperliquid:native beta and selling off harder than hyperliquid:native, should rebound harder too. Will be bidding the real deal too, but if we're going to the shadow realm, getting some stink bids on those, especially given the illiquidity, probably pays off more.
funny how so many of the big IPOs seem to be getting squeezed into Q4
funny how that‘s also when midterms election happen
got a strong tingle that’s when the AI mania finally pops (financially) and US equities absolutely eat shit.
something about this timeline feels way too neat and we’re about to witness one hell of a rug pull.