Crypto since Coinbase was good aka 2013.
Joined July 2020
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Woki Hoki retweeted
The Hyperliquid L1 will support native spot trading, as well as two permissionless standards for native tokens:
HIP-1: deploy native tokens and onchain spot order books
HIP-2: “Hyperliquidity,” a novel mechanism to permanently commit liquidity to a spot order book for HIP-1 tokens. Hyperliquidity strategies run entirely onchain and synergize with users' order book liquidity.
As with perps, the spot order book is entirely onchain. HIP-1 and HIP-2 are steps toward general purpose infrastructure with performant native components.
The first spot launch is $PURR. There is no sale and no planned utility for $PURR. There are 1 billion total $PURR tokens, and this number will never increase. 50% of $PURR will be distributed proportionally to points holders. The remaining 50% will be permanently committed as Hyperliquidity on the PURR/USDC pair.
Once thoroughly tested, HIP-1 and HIP-2 will become part of the permissionless infrastructure on the Hyperliquid L1. While HIP-1 assets will be native to the Hyperliquid L1, the standard opens the possibility for bridges from other chains.
$PURR is live on testnet, so users can familiarize themselves with how native spot assets work on the Hyperliquid L1. Once testing is complete, $PURR will launch on mainnet.
The points snapshot for mainnet $PURR has already been taken and will include closed alpha points. The distribution on testnet is different and meant for testing only.
Woki Hoki retweeted
Coinbase Advanced is adding support for $HYPE @HyperliquidX perpetual future.
The opening of HYPE-PERP markets will begin on or after 9:30 am UTC 5 JUNE 2025.
Woki Hoki retweeted
The HyperEVM is live. This is a major step toward the vision of housing all finance by bringing general-purpose programmability to Hyperliquid’s performant financial system. The initial mainnet release of the HyperEVM includes:
1. HyperEVM blocks built as part of L1 execution, inheriting all security from HyperBFT consensus.
2. Spot transfers between native spot HYPE and HyperEVM HYPE. As a reminder, HYPE is the native gas token on the HyperEVM.
3. A canonical WHYPE system contract deployed at 0x555...5 for defi applications. The source code can be found at hyperliquid.gitbook.io/hyper…
Effective immediately, the bug bounty program will pay mainnet bounty amounts for reports within the scope of the points above. See hyperliquid.gitbook.io/hyper… for details.
For API and wallet users: the mainnet HyperEVM has chain ID 999. A JSON-RPC server for the mainnet HyperEVM is hosted at rpc.hyperliquid.xyz/evm. Node operators and other builders are encouraged to host their own RPC servers.
Tooling and analytics around mainnet HyperEVM may not be polished on day one. However, there are many talented builders working to solve these developer pain points. To help with these efforts, raw HyperEVM block data is streamed realtime to S3 so that running a node is not required to index the HyperEVM. More technical details can be found here: hyperliquid.gitbook.io/hyper…
General ERC20 native transfers and precompiles will be enabled on a future network upgrade. Any ongoing feedback for these features on testnet is greatly appreciated. While these features are implemented on testnet, the mainnet releases are staggered for minimal disruption to existing users on the L1. The HyperEVM is composable with the L1 state while not affecting the low latency trading experience of existing users.
Thank you to all the builders and users who have shared feedback on testnet so far. It will be exciting to see new applications leveraging and building upon the existing onchain financial system of Hyperliquid.
Woki Hoki retweeted
Introducing Unit: the decentralized asset tokenization layer for all of finance, built exclusively on Hyperliquid.
Unit will enable seamless deposits, withdrawals, and trading for a wide variety of assets. Our first integration allows major spot crypto tokens to flow between Hyperliquid and their native blockchains, launching today with native BTC.
This is a significant unlock for users, enabling:
1-Click Native Deposits & Withdrawals: Deposit or withdraw BTC via their self-custodial wallet or centralized exchange account. (ETH and SOL coming soon).
Unified Trading Experience: Trade both spot and derivatives within a single, integrated platform.
New Capital Onramps: Send spot from any supported native source chain and sell in the spot order book to access USDC.
Deposit BTC now directly on app.hyperliquid.xyz or at app.hyperunit.xyz.
For more details on the protocol design, see our documentation at docs.hyperunit.xyz and to stay up to date on what we're building, you can join our telegram channel: t.me/hyperunit
Woki Hoki retweeted
A Taiwanese man jumped from the 13th floor to his death after his $2m in LUNA turned into $1k. This is the first verified account (from prosecutors in Taipei) of a suicide directly caused by Terra. Harrowing - this life is gone and will never come back. taiwannews.com.tw/en/news/45…
Woki Hoki retweeted
MicroStrategy Announces Proposed Private Offering of $400 Million of Senior Secured Notes to acquire additional #bitcoin. $MSTR
microstrategy.com/en/investo…
Woki Hoki retweeted
MicroStrategy has purchased an additional 271 bitcoins for $15.0 million in cash at an average price of ~$55,387 per #bitcoin. As of 5/13/2021, we #hodl ~91,850 bitcoins acquired for ~$2.241 billion at an average price of ~24,403 per bitcoin. $MSTR
microstrategy.com/en/investo…
Woki Hoki retweeted
Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG cnb.cx/3h3wYyS
Woki Hoki retweeted
"Each U.S. citizen now has a choice. You can stay on the Fiat Standard, in which some people get to produce unlimited new units of money for free, just not you. Or opt in to the #Bitcoin Standard, in which no one gets to do that, including you." -Ross L. Stevens
Woki Hoki retweeted
1/ Breaking major news from US Treasury OCC, the largest US banking regulator (@USOCC), with new guidance allowing US banks to use public blockchains and dollar stablecoins as a settlement infrastructure in the US financial system. occ.gov/news-issuances/news-…
Woki Hoki retweeted
Twelve years ago today, an anonymous developer by the name Satoshi Nakamoto, launched the #Bitcoin Network.
The first entry on this new global financial ledger read, "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
Woki Hoki retweeted
Coinbase joins OKCoin and other exchanges in announcing it will suspend #XRP trading in response to the SEC taking legal action against #Ripple.
cointelegraph.com/news/coinb…
Woki Hoki retweeted
Money is flowing out of conventional assets into #Bitcoin due to the escalating risks of global currency devaluation, technology disruption, social dislocation & political uncertainty. This is not a “rally” or “bubble” – it’s a chain reaction spreading like a fire in cyberspace.
Woki Hoki retweeted
Next Tuesday I’ll be joining @richardquest LIVE on @CNN, to discuss about the current state of Elrond, #Bitcoin’s growth, and the generational opportunity that lies before us.
This time, hopefully, without breaking news from the US President overlapping.
