钱会经过我们, 因为我们要保证项目方有预算, 不能违约, 保证创作者能够实际收到钱. 人员不是我们挑选, 因为都是由项目方决定可以让谁参与. 分发方面, 一般的项目没有任何争议空间, 是选人 -> 完成任务 -> 分发. 作为平台我们保证完成任务的创作者能够拿到钱. StandX的分发有一定特殊的地方, 因为活动有考虑交易数据, 以及我们发现有很多人有刷view的行为 (极端异常的数据). 所以我们有额外提供分析数据, 通过推文分析, 用户历史行为, 以及实际链上交易行为来判断用户有没有作弊. 在这次, StandX通过我们的数据来确定人选, 由我们分发到最后的奖励. 未分发的奖池滚动到下次活动.

CLOBs are not going to take us to the RWA promised land. Today Hyperliquid owns the liquidity for a handful of RWA macro names. But outside the top 10 traded assets (which are ~90% of volume) liquidity falls off a cliff. When there's enough retail demand, order books can work. But "perps on everything" is a different problem, and TradFi solved it decades ago. The answer isn't every venue rebuilding its own order book. That's not what Robinhood does, it's not what Schwab does, and it's not what DeFi should be doing either. Building your own book for every asset means bootstrapping demand ticker by ticker, renting liquidity with subsidies, and ending up with thin markets that blow out 200x the moment news hits. It's like sucking the ocean of TradFi liquidity through a straw. Variational skips all of it via the RFQ model. RFQ is how institutions like Dragonfly actually trade. In RFQ, dealers quote just-in-time and hedge on the primary venue as orders come in. This lets Variational mainline TradFi liquidity directly and mirror it on-chain. Margin in smart contracts, settlement in stablecoins, liquidity aggregated from the people who already trade on the biggest underlying markets, like the CME and NYSE. It makes it permissionless to access the same depth and spreads the big boys get. With the cold start problem gone, new markets can ship at the speed of software. By next year I expect RWA perps to be the biggest contract class on-chain, bigger than BTC and ETH perps combined. That's how crypto truly becomes the market for everything. I believe the platform that wins that won't look like a traditional exchange. Proud to lead Variational's $50M Series A. Watch this space.

要不要这么夸张啊喂 $SKR ，刚刚出了15万枚用于过年，马上就让我后悔了 不管怎样，剩下60万枚打算全部质押掉，长期看好 $SKR 上0.1U坚定不移 ，@solanamobile 这个生态叙事实在太强了，不同于公链、更不仅限于某一个项目，这才是生态该有的样子！

全体集合，币圈春晚！James Wynn 和「Hyperliquid 获利超 2,112.8 万美金的高胜率老哥」开 BTC 对手盘了🧨 🔸 James Wynn 今天凌晨两点 BTC 冲高回调时，他将将 40x BTC 多单加仓至 7764.264 枚，价值高达 8.32 亿美金！ - 开仓价格：$105,033.4 - 清算价格：$100,330 - 当前浮盈：1659 万美元 🔹 Hyperliquid 赌狗老哥，人称内幕哥 凌晨四点 BTC 涨至短时高点时开启 BTC 40x 空单，充值了 230 万枚 USDC，目前持有 826.18 枚 BTC 的仓位，约 8841 万美元 - 开仓价格：$107,091.9 - 清算价格：$108,500 - 当前浮盈：6.8 万美元 当前两人均处于浮盈状态，Hyperliquid 赌狗老哥虽然开的是空单，但因为点位很好短时不会亏钱，就看仓位维持时间和对后续走势的判断了 猎鲸小分队换人了！这次你站谁赢🤣 本文由 #Gateio# | @Gateio_zh 赞助

babylon空投爽不爽？ 融资近亿的天王级空投爽不爽？ 爽不爽？ 你们爽不爽我不知道，一两个月前babylon被骂，给项目洗的kol可能是爽了。 corn solv之类的比特币项目空投之后大家都说babylon是比特币生态最后的荣光。 结果呢？荣光了吗？它直接成为压倒比特币生态空投的最后一根稻草，最强的项目都这么拉，后面的lombard,hemi什么的预计也别抱什么希望。 其实统计一下就可以发现，比特币生态项目基本是国人项目或者含华量极高的项目。与其说是比特币生态被证伪，不如说是国人项目大概率反撸再次被先烈们验证。 远离国人项目，还要说多少遍你们才信呢？