Motus retweeted
1/ Welcome to Hyperliquid, your new home to trade perps on DeFi🌟
Hyperliquid is an order book based perpetual futures decentralized exchange. The DEX runs on the Hyperliquid chain, an L1 built on Tendermint that enables full transparency, low costs, and impeccable execution.
Motus retweeted
HIP-3 deployers are currently in Growth Mode, which means trading fees are discounted by 90%. The next network upgrade will bring changes:
1) HIP-3 fees will be adjustable with a granularity of 90% discount to being 3x more expensive
2) Adjustable on a ticker basis
Hyperliquid
Motus retweeted
Well, tomorrow's the day for solana:gf9VEb8NqCUgCNNo1sz47LT4gvUvsHJmhW6Q1ndpump - Asia's biggest IPO of 2026, priced at ¥8.66 (~$1.28) on Shanghai's STAR Market. @HyperliquidX has had it at $6-7 for two straight weeks.
My call here is different from @SpaceX and @cerebras , so let me be precise.
I expect it to open well above ¥8.66. I do NOT expect it to reach the Hyperliquid price - and I don't think it should.
That gap isn't purely a valuation call. You need RMB 500k in a mainland account to buy a STAR Market IPO, and offshore money was shut out of the book entirely. HL isn't competing with a market global investors can access. It IS the access.
So I expect a premium to persist after listing. That premium is the price of admission - what someone outside the mainland pays for exposure they otherwise cannot get at all.
One thing changes tomorrow. Pre-IPO these contracts run a funding multiplier of 0.005 - basically free to hold a big premium. On conversion @tradexyz flips them to the standard 0.5 against the real Shanghai price. That's 100x the carry, overnight.
So: sharp compression, but not to zero. Where it settles is the market's honest price on access. SK Hynix's ADR settled ~15%. China's A/H premium has run 20-50% for years.
That's the number I'll be watching tomorrow. Not the pop.
And zoom out - because in ten weeks Hyperliquid has taken on two of the biggest structural problems in capital markets of the last 50 years:
1. IPOs priced below clearing, moving value out of issuers and their existing shareholders and into the pockets of the buyside.
2. The world's second-largest equity market being effectively closed to everyone outside of it.
Same venue. Same mechanism. Continuous price discovery, open to anyone.
@HypeStrat $PURR #pricediscovery
Motus retweeted
Today we’re expanding our support for @HyperliquidX by becoming the platform’s official treasury deployer of USDC.
Onchain markets operate 24/7 and require collateral that is always available, instantly transferable, and deeply liquid - USDC delivers exactly that.
Alongside this, we’ve also significantly increased our position of staked HYPE.
Motus retweeted
4/ Frank Cavallo of @MotusCM is interested in the growth of the HyperEVM.
Many following Hyperliquid are focused on the growth of its market share in perps trading. Indeed, fees from perps trading are the largest driver of $HYPE’s current valuation, as they’re the primary driver of protocol buybacks.
However, equally important to $HYPE’s future valuation is whether the market perceives it as “just another perp DEX” versus a viable competitor to other L1s.
Accordingly, in addition to tracking flows on HyperCore, tracking growth of the HyperEVM will help dictate whether $HYPE ultimately trades at DEX multiples versus [much higher] L1 multiples.
Motus retweeted
1/ We asked five liquid funds to share “the most interesting chart in crypto right now” - and why it matters.
👇🏼👀
Motus retweeted
However, it has been "all so tiresome" the past 18 months for people in and out of crypto. so no one is reacting to obvious positives
Watching it every day causes frustration it's not playing out, but it will be obvious in hindsight when the market starts to move higher. 2/2
Motus retweeted
A remarkable ruling. Yet another court holds that @SECGov was arbitrary and capricious. Yet another court holds that @SECGov defied Congress' will. Yet another court holds that @SECGov violated the law.
DEALER RULE STRUCK DOWN! SEC exceeded its statutory authority. HUGE win for the entire industry @BlockchainAssn and @CryptoFreedomTX !!!
Motus retweeted
Not just another Thursday, it is @validaoxyz Thursday.
Thunderheads and Hypesters, we are pumped to share that another operator has joined the stHYPE set supporting @HyperliquidX.
Without further ado, let us introduce ValiDAO.
Motus retweeted
"75M $ARB IS TOO MUCH"
no its not, we could distribute 75M ARB every year for 40 years before running out of arbitrum treasury funds
stop being frugal
as long as the majority of money isn't being piled into BS that siphons funds into grifters pockets like
- "education funds"
- Uniswap V2 or solidly forks
- infrastructure that we already have
and its put into things that are interesting and/or have found success without external incentives, its fine
id be in favour of increasing the amount by 10x
1B ARB is better spent today than it is in 30 years when the ecosystem is dead because the community was a set of tight asses who wanted to count the treasury funds as burnt so they could project a higher imaginary return on the market cap
Motus retweeted
10/TL;DR. Convergence is happening. Traditional institutions are building and the CFTC is highly engaged. Digital Asset Markets Subcommittee work will follow. These are all good things for the future of crypto. #bullish
Motus retweeted
🚨 New a podcast Episode 🚨
Today’s guest is Alex Kriete, founding partner of @MotusCM
Major Episode Topics:
▪️ Motus Capital
▪️ TradFi vs DeFi
▪️ The FTX Fallout
▪️ Deal Flow
▪️ Macroeconomic Factors
▪️ Much More
Listen Now 🎧: urlgeni.us/spotify/MotusCap
Motus retweeted
The notion of "governance rights" as a narrative for why a token should be valuable is pathological. You're literally saying "I'm buying $X because later on someone might buy it from me and a bunch of other people to twist the protocol toward their special interests"
Motus retweeted
Some thoughts on what exactly went wrong with #FTX and @SBF (not to mention @stablekwon, @zhusu, etc) and how we can move forward. omid-malekan.medium.com/thou…
