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ThinkingUSD
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The lesson from $SBET is it’s totally fine to grift, except if you use
Ethereum
to do it.
And who said markets aren’t efficient?
#ETH
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ThinkingUSD
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Hyperliquid is the most important asset of the last decade. It's all starting to click for TradFi. High demand for things in crypto that make money, low supply.
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Not particularly worried about Coinbase perpetuals in the US. I'd like to think Hyperliquid has a stronger product offering, that will only get more accessible with various front ends enabling fiat onramps, more simplified product offerings. More competition, but pie grows.
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Hyperliquid has great price elasticity now that the majority of dollar pleb traders have been cleansed by the assistance fund. More vol = More fees More fees = More buybacks More buybacks = More relative outperformance More relative outperformance = higher portfolio weight
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Hyperliquid has great price elasticity now that the majority of dollar pleb traders have been cleansed by the assistance fund. More vol = More fees More fees = More buybacks More buybacks = More relative outperformance More relative outperformance = high portfolio weight
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ATH Hyperliquid Revenue incoming
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