JUST IN: $PONS REVENUE IS DOWN OVER 90% IN THE LAST 3 WEEKS
DAILY TOKEN LAUNCHES HAVE FALLEN FROM 36,000 TO UNDER 6,000
permacope retweeted
#Hyperliquid may be on track to become #FTX 2.0.
The way it handled the $JELLY incident was immature, unethical, and unprofessional, triggering user losses and casting serious doubts over its integrity. Despite presenting itself as an innovative decentralized exchange with a bold vision, Hyperliquid operates more like an offshore CEX with no KYC/AML, enabling illicit flows and bad actors.
The decision to close the $JELLY market and force settlement of positions at a favorable price sets a dangerous precedent. Trust—not capital—is the foundation of any exchange (CEX and DEX alike), and once lost, it’s almost impossible to recover.
Moreover, the platform's product design reveals alarming flaws: mixed vaults that expose users to systemic risk, and unrestricted position sizes that open the door to manipulation. Unless these issues are addressed, more altcoins may be weaponized against Hyperliquid—putting it at risk of becoming the next catastrophic failure in crypto.
Friendly reminder that there are many reasons to hate Kalshi in addition to fake volume
Kalshi is a huge net negative for the space
@mansourtarek_ and his team spent over a year trying to damage Polymarket’s image and sending regulators after them
When that didn’t work, they pumped insta/tiktok ads to lure dumb folks into paying obscene fees
Stop using them.
Warning sign for Clarity vote: Sen. Warner says new ethics language falls short
“There's been some movement. I don't think the ethics provision is near enough. And again, it's frustrating because we've had these same three issues outstanding for six, eight weeks, and why this couldn't have been dealt with earlier? I’m really concerned”
permacope retweeted
This is Aidan Kearney, aka Turtleboy, the “male” that doxxed the juror in the Lindsay Clancy case.
Exceedingly rare Jason W
Get ready for all of the investors in frontier model companies to suddenly flip to regulatory capture mode today
Their investments in frontier model companies are currently at risk/capped because the biggest buyers of tokens are embracing open-source models: vertical AI companies, the government and enterprises
That’s all this is about: stopping open source — which I’ve been saying on the pod for two years
If you want safety, you want disclosure — and open source is the ultimate disclosure process
permacope retweeted
Introducing Events by trade[XYZ].
With Events, we’re advancing our vision of Hyperliquid as the universal exchange—a single, composable system for trading financial assets and real-world outcomes.
A user can deposit spot BTC, borrow USDC through portfolio margin, open a pre-ipo SpaceX perp position, hedge an upcoming SK Hynix earnings event with an events market, and pick the US Open winner—all from a single unified account on trade[XYZ].
Events will span sports, politics, economics, and financial markets, with an expanding range of categories and contract formats.
Our initial Up/Down markets cover equities, commodities, and pre-IPOs, powered by the depth and liquidity of trade[XYZ] perpetuals on HIP-3. These perpetuals provide continuous price discovery and serve as the resolution source, so each contract is grounded in XYZ's liquid market prices rather than an external oracle.