In the best way possible, Hyperliquid is starting to feel like a radical online cult building a digital cathedral for global finance. It’s amusing seeing all these centralized crypto companies buy $HYPE to signal alignment to the community as if it’s tribute. I don’t recall this ever happening with any asset other than $BTC. Beyond the obvious flows benefit, the practical implication here is that an increasingly wide and powerful network of people and institutions in the crypto ecosystem are all highly incentivized to make Hyperliquid a massive success. I honestly believe this dynamic wouldn’t exist if Hyperliquid didn’t do a fair launch and rekindle crypto’s original spirit. My bet is this will remain a compounding advantage for Hyperliquid well into the future.

Hyperliquid was built different. As in, 99% of the blockchain’s revenue is used to buy and burn HYPE. It's a community-first model based on this idea: If the protocol succeeds, the community succeeds. In that spirit, we’re pleased to announce that Bitwise will be devoting 10% of the Bitwise Hyperliquid ETF ($BHYP) management fee to holding HYPE on the Bitwise balance sheet.* The Hyperliquid community has known from Day One that, if Hyperliquid becomes one of the most powerful and disruptive forces in finance, those who hold HYPE should play a big part in that. We’re holding HYPE.

Oh my god, I shorted 20M $BTC caused the price to surge a bit was an insane entry wow Won’t share stops incase I get hunted but got some insider that a few whales moved some $BTC

So tradeXYZ is executing on what everyone hoped ventuals would be They are able to attract liquidity and volume in the few days leading up to the IPO Ventuals has a different mechanism and longer time frame that work against them The question is if those problems can be solved and if the 2 can coexist Ventuals needs more liquidity and a way to source sell pressure And they need to find a way to “unlock” the hype stuck in vHYPE

Crypto used to feel kind of like playing an MMO, many of which captivated my adolescence. It was a fun culture full of hackers in hoodies and misfits who rejected the status quo in an attempt at doing something new & innovative.