CBB
@Cbb0fe
Riding the ponzi of magic internet money
Joined September 2023
283 Following 106.5K Followers
imagine the smell once @tradexyz users get a big fat $HYPE airdrop
programmed
As a HYPE bull during the Cambrian explosion of RWA perps, you should ask yourself the following questions:
1) if TradeXYZ left Hyperliquid tomorrow and launched their own exchange, where would you go to trade RWA perps?
2) if TradeXYZ launched a stock/token, how would you value HYPE differently?
3) what is the likelihood of #1# and #2#?
I don’t intend to be a bear, but I’m pretty confident in my answers to #1# and #2# and I’m not naive enough to say I (or seemingly any major allocator) knows the answer to #3#.
And before the .hl’s whine in my comments, this is not meant to slight either protocol, it’s to state a fact: TradeXYZ holds a large and growing amount of leverage over Hyperliquid.
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