VietnamPenguin
@VietnamPenguin
Hyperliquid is why crypto still has a pulse.
3.6K Following 4.3K Followers
Funny watching some retards FUD the drop in HLP TVL 😂.
Hyperliquid is already at the point where HLP barely matters anymore. Almost all liquidity is now provided by users and third-party MMs.
And HIP-3 markets (including all the most liquid markets on tradeXYZ) OPERATE WITHOUT HLP AT ALL.
This is exactly how Jeff envisioned Hyperliquid from day one.
Go read his @colossusmag interview again. A lot of the answers are right there:
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Look at BitMart new rules for withdrawing your own money lmao.
They’ve added so many requirements now (including proof of source of funds and proof of address) that it feels like they’re just gonna end up keeping at least half of their users’ money.
GET YOUR MONEY OFF ANY CEX BEFORE IT’S TOO LATE.
Hyperliquid.
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If you're wondering what happened to Solana @PreStocks SpaceX, they got absolutely crushed and are now trading around ~$112 (after 5:1 split), implying a ~40% discount to the underlying shares.
Turns out there's a 180-day lockup before preStocks can be converted into real shares (I suspect very few people were aware of this). So holders have two choices: dump into a thin-liquidity market at a steep discount today, or wait 180 days and convert at full value. Looks like many crypto degens are choosing the former.
Interestingly, this issue doesn't exist (and couldn't exist) in the $SPCX perp market.
Pre-IPO markets only make sense to trade via perps.
Hyperliquid.
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