@botblastcap
Account based inSingapore
About this account
- Account based in
- Singapore
- Connected via
- Singapore App Store
Account-level information from X, not a live location or the device used for a specific post.
pearl poasting arc
Ocean
Joined March 2012
- Tweets15.1K
- Following1.7K
- Followers9.2K
- Likes43.6K
botblastcap retweeted
There were already hidden seasons for HyperEVM, HIP-3 and portfolio margin. They were unlocked by:
• borrowing stables against your HYPE on HyperEVM to buy more HYPE and airdrop it to yourself
• using HYPE as collateral to long TradeXYZ stonks while they were outperforming crypto. Then buy more HYPE with the profits and airdrop it to yourself
pristine collateral
what interested me the most on this call was the part on Venice's owned data center.
based on my understanding so far, Erik & co are trying to move from renting/leasing inference to owning GPUs and data center capacity.
basically, this means the same product (private, uncensored AI) for Venice as business but with a different cost stack. frontloading CapEx would lower unit costs and more provide way more control later instead of paying someone else’s rack forever.
this enables a few things:
1. lower long-run inference unit costs
2. better gross margins once owned boxes are utilized
3. less rental/lease exposure when GPU markets tighten
4. more control over what runs where
margins ↑ → free cash flow ↑ → room for discretionary buy + burns and/or higher programmatic burns.
if they execute, this is extremely bullish both Venice and base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf
oh, and it's still at ~$1.3b mc.
September $VVV Livestream nitter.cf/i/broadcasts/1lJQRWyXW…
bull markets make it easy to over trade, which usually backfires.
instead of chasing and rotating, position yourself in 3-4 high conviction theses riding secular trends (tokenization, stablecoins, AI, privacy).
size them to matter, in assets you'd still hodl after a 70% drawdown. then be patient.
this exact play 10x'd my book last cycle. it was about doing less, sometimes even nothing (which i have a talent for).
writing this as a reminder to myself amidst a fomo-inducing market.
get rich slowly.
botblastcap retweeted
bull markets make it easy to over trade, which usually backfires.
instead of chasing and rotating, position yourself in 3-4 high conviction theses riding secular trends (tokenization, stablecoins, AI, privacy).
size them to matter, in assets you'd still hodl after a 70% drawdown. then be patient.
this exact play 10x'd my book last cycle. it was about doing less, sometimes even nothing (which i have a talent for).
writing this as a reminder to myself amidst a fomo-inducing market.
get rich slowly.
botblastcap retweeted
L1, exchange, liquidity, product, UI
Push the frontier on all 5, and magic happens
@HyperliquidX
botblastcap retweeted
No investors
No paid market makers
No fees to the dev team
No insiders @HyperliquidX
There is not a single private investor.
Reminder: the Hyperliquid dev team does not profit from increased activity as it does not collect trading fees. On the contrary, it is entirely self-funded with exponentially increasing burn. There is not a single private investor.
>$25M of revenue has gone back to the community through HLP. Another project could have easily pocketed some or all of these profits.
What’s the point of all this? To build something that really matters. When finance moves onchain, it will bring trillions of dollars of value to billions of users. It won’t move for a half-baked system, but the Hyperliquid L1 has a shot.
Some users think that Hyperliquid is already a complete platform. This is flattering, and the Hyperliquid community is indeed one-of-a-kind!
But as someone spending most waking moments pushing Hyperliquid to its full potential, I’m confident that there is a long way to go. In particular, the following are all complex, multi-phase undertakings:
1) deploying the native EVM
2) seamlessly integrating the EVM with existing native components (e.g., order books)
3) fully decentralizing the network
On top of that, the following are continuously being improved:
1) high TPS and low latency L1 with HyperBFT consensus
2) performant financial primitives including fully onchain spot and perp order books, vaults, oracles, automated liquidity and account abstractions
3) state-of-the-art and community-owned order book liquidity via HLP
When you see a 100x, you drop everything to make that a reality. Factors of <2 are insignificant. Big things take time to build, but nothing else is worth building.
botblastcap retweeted
AWS : Cloud infrastructure :: Hyperliquid : Liquidity infrastructure
Today, liquidity on Hyperliquid rivals even tier 1 CEXs. With builder codes, this deep liquidity is now permissionlessly accessible for anyone to monetize.
AWS transformed the cloud, abstracting away the messy details of hardware to let builders focus on software and business logic.
Hyperliquid is transforming liquidity, abstracting away the messy details of the exchange platform to let builders focus on product and user acquisition.
AWS does two simple things well:
1) Performance: Scalable and reliable for startups to grow without limits.
2) Builder-first: Builders own the business and capture the upside. AWS is just a neutral foundation.
Hyperliquid applies the same principles to liquidity:
1) Performance: CEXs execute on this, but general purpose chains do not. No other chain or defi application offers the asset selection and depth of liquidity that serious applications need.
2) Builder-first: General purpose chains support this, but CEXs do not. Meaningful applications cannot be built when CEX broker programs change on a whim. Serious builders shouldn’t have to trust a rent-seeking middleman.
With the launch of builder codes, Hyperliquid supports a new wave of builders who are excited about lasting proportional upside. Like AWS, the Hyperliquid L1 is a solid foundation that stays out of your way.
Tap into world-class onchain liquidity. There are many exchange-sized empires to build.
Hyperliquid now supports builder codes, which let anyone permissionlessly monetize applications on the L1.
Regional frontends, fiat onramps, mobile wallets, social trading -- all are one line of code away from earning upside proportional to their volume. This upside can be multiples of what the L1 itself charges.
Builder codes are trustless and entirely onchain. They bring together the best of both worlds from CEX broker programs and permissionless, self-custodial defi.
See API announcements on Discord for more details.
botblastcap retweeted
I've been tweeting more about @HyperliquidX than crypto HFT these days because that's where I spend most my time.
Haven't forgotten about my HFT followers though.
Shoot me your questions below in the comments and I'll answer the ones I can
hi @ilblackdragon i think it's time to add pearl-2:native to Near swaps