Trade the frontier.

Joined April 2026
We are releasing the first liquid way to trade Anthropic. For far too long, frontier assets have only been accessible to a select few. We are here to bring them to the masses. Introducing EntropyIO. We’ve raised $14M led by Ribbit Capital and a $40M HYPE stake to build both improved and entirely new markets, the first of which are live on Hyperliquid today.
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JUST IN: Musk’s Terafab is cutting out Chinese suppliers entirely and asking Korean firms to beat Chinese prices, per Korean media.
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JUST IN: Anthropic’s next model is especially good at working out what a user actually wants even when they don’t spell it out, according to a person who has used it, per The Information.
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JUST IN: Anthropic says roughly 20% of its shares are now dedicated to the public good, combining the new fund, its co founders’ 80% equity pledge and an employee donation match.
We’re committing a portion of Anthropic’s shares to the Anthropic Public Benefit Fund, a new wholly owned entity dedicated entirely to the public benefit. It will start off with 5% of our shares. For every 50% increase in the company’s value over a set baseline, we can contribute up to an extra 2%, subject to our board’s discretion. In total, this means that roughly 20% of Anthropic’s shares are committed to the public good. Our co-founders have already pledged to donate 80% of their equity, and around half our employees are donating a portion of their equity as part of a donation matching program we’ve run since our founding. In the post below, we share more details about our new fund. anthropic.com/news/public-be…
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JUST IN: DeepSeek V4.1-Flash-1017 beats GPT-5.6 Sol on 9 of 11 benchmarks in its own launch table. Claude Opus 5 still leads on 6.
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JUST IN: Researchers used GPT-5.6 Sol to find a Linux kernel bug that lets code escape a virtual machine and reach the host. It cost under $700 in API tokens.
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JUST IN: Tesla’s new Roadster lifted off the ground at its reveal and does 0 to 60 in 0.81 seconds. Tesla says the production car will be even quicker.
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JUST IN: Anthropic drops 7% in an hour on Entropy as some investors cut IPO expectations from $2 trillion to $1.5 trillion. Yesterday, Anthropic told investors revenue growth halved since last quarter.
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$SNDK max leverage has been increased to 15x.
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Anthropic dropped ~4% on Entropy today after revealing financials to investors at its pre-IPO investor day, pushing its valuation below $2T.
🤖 Made with AI
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1/ We are excited to list PEARL, and are extremely aligned with our friends @prlnet in their mission to make the frontier of inference more useful and efficient.
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2/ PEARL is currently an illiquid asset. We have applied pre-listing methodologies to the current listing, and will transition to a standard crypto perp when more liquid venues exist. More on our exact methodology can be found in our Docs. docs.entropy.io/asset-direct…
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New listing: Xiaomi ($HK1810) at 10x Leverage.
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The second round of Entropy affiliate badges has been distributed. Invitations have been sent on X, and recipients will find further instructions in their DMs. We follow the activity of everyone who supports Entropy and value every contribution. Additional rounds will follow.
The first set of Entropy affiliate badges have been distributed. If you post about markets, break news, or build an audience that actually trades, you qualify.
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Hyperliquid.
Great read from @matt_levine. The pricing gap does not have to be a persistent issue. Holders of the underlying can sell the perp against it, and we’re seeing institutional prime brokers start to hedge equity exposure this way.
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OpenAI dropped ~6% in under an hour on Entropy after the FT reported its annualized revenue is closer to $50B, not the $70B that circulated last week.
JUST IN: OpenAI’s revenue is about $20B lower than the number that’s been circulating. Investor documents show roughly $50B annualized at the end of September, not the $70B reported last week, per the FT.
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