a fake token called Vladhood did a $10m market cap last week because the post came from the Robinhood CEO's account. 175,000 people saw it in under 20 minutes. wallets that got in early pulled more than $1m out of the pump, and as of the reporting nobody had identified who they belong to. Robinhood's answer: the account was compromised, the post has been removed. that's the whole consequence. no fine, no refund, nobody asking how the fuck a public company CEO loses his X account in the middle of a memecoin frenzy running on his own chain. and that's just the one that made headlines. smaller accounts get taken every day, push a contract address or a drainer link to their followers, and close it out with the same three lines. heads up, we were compromised, access restored, stay safe. so when the whole thing costs the owner of the account nothing, is it really believable that nobody has ever staged one of these on purpose? I'm not putting a name on anybody. I'm asking why anyone would leave that much free money sitting there. BNB Chain is the one exception I can remember. users lost $8k to phishing links in October and the team paid every one of them back. locking an X account down is five minutes. password manager, hardware key, kill the connected apps you approved in 2021 and forgot about. make the reach carry the liability and watch how fast the hardware keys show up.

What if @tradexyz has been quietly accumulating $HYPE with its HIP-3 revenue and one day simply announces it ? They operate entirely within the @HyperliquidX ecosystem. Investing in $HYPE is, in a way, investing in their own business.

Points are finally live on @OndoPerps. now it's time for every surviving KOL and sybil to speedrun diluting our bags. I'm done at 100k+ points and ~$2.7k earned. No reason to keep farming. Can't justify burning more fees when I have no idea what the endgame is.

Switched to a more aggressive @OndoPerps farming strategy via @tread_fi this week. Did $3.27M in volume, kept trading PnL+ costs at break-even, and earned $444. Then noticed OndoPerps had removed the TreadFi fee discount. Maker fees are now 3.3bps.

Meet Trimpoint: a non-custodial autopilot for your @HyperliquidX portfolio. You choose what to hold, how to enter (in full, DCA, or buying the dips), and how cautious to be. It rebalances, trims, and guards the downside, with a plain reason for every move. Waitlist opens soon

If you're able to push volume on @OndoPerps through @tread_fi like this, you're looking at a pretty good %ROI. Don't forget you're also earning points from both platforms... if they ever decide those points actually matter.

Feels like a lot of teams eventually realize they're building a dead project. At that point, there are only two exits: • wind it down, screw over your users, and hope Kraken buys you. (Looking at you, Vertex.) • or conveniently end up "getting hacked" and disappear. After all, who knows every vulnerability in the code better than the team that wrote it?

Best perp farms right now? My list: Using @tread_fi MM bot: • @Markets_xyz by @Kinetiq_xyz - why not? KPoints are ridiculously easy to farm with trading, competition is low, and the campaign runs until the end of September. And no, you're not betting on the DEX, you're betting on the 3rd-largest liquid staking protocol globally. Delta-neutral: • @OndoPerps + @variational_io - basically like parking your stables at ~30% APY. Skip: @perpltrade - are you really betting they'll ship something meaningful in the next 6–12 months? @extendedapp - painfully slow product development. Feels like another Paradex: token launch, then fade into irrelevance.

$200 for 800k volume. Looks like the easy rewards on @OndoPerps is gone. Volume is growing way faster than rewards. Even with bigger rewards and lower fees, break-even market-making trading through @tread_fi now feels like the best-case outcome.

Looks like a major MM has taken over the gold order book on @OndoPerps. Easy volume farming using @tread_fi is probably coming to an end. The book now looks just like on @extendedapp - an absolute nightmare for MMs, but a huge win for traders.

Two percent of @perpltrade's entire reward supply is sitting in a bucket only @tread_fi users can touch. It empties in fourteen days. Then it's gone for the remaining fourteen weeks. Don't fuck this one up. 👇 1. The supply is fixed. The room is still empty. 50,000 mPoints get minted every week whether 300 wallets trade or 30,000. Access codes came off three days ago. A point you earn now pays exactly what a point in week 16 pays, and right now you're splitting it with a fraction of the crowd that's coming. 2. @tread_fi users get 10,000 mPoints a week on top, for two weeks. 20,000 mPoints reserved for one terminal's users. Your edge over a frontend trader with identical volume is 1 + 0.2 x (Perpl's volume / Tread users' volume). If Tread runs 5% of Perpl's flow, you earn five times the points per dollar traded. 3. Perpl charges makers 0.9 bps to open and nothing to close. Opening $1M of notional on the book costs $90. Taking that same $1M off the book costs $690. Institutional market makers are excluded from mPoints, and that's the only exclusion the docs list. 4. Your floor is guaranteed before you deploy a dollar. $500,000 is committed regardless of what Perpl trades. Divide by 1,000,000 mPoints and every point is worth at least 50 cents, with the extra tiers pushing it toward a dollar. You can price your worst case today. Name another farm that lets you do that. Use my ref to get 5% points boost: SvSmBR8yYfX Fourteen days. After that you're one more wallet splitting 50,000 with everyone who shows up in September.

Another week, another batch of rewards from @OndoPerps. $1.35M in volume. Total cost, including trading losses and fees, came to just $290. Worth mentioning that I managed to do that volume basically breakeven thanks to the market-making bot. So if you want Ondo Perps farming to actually be profitable, you probably need at least a Tier 3+ on @tread_fi and a lot of experience running the MM bot. Also, rewards got bumped from 100k to 150k this week. There's also the hidden TreadFi season going on, plus we're stacking Ondo Perps points. I don't really expect a separate Ondo Perps token, but they're clearly cooking something.