another ticker just showed up from @entropyIO $MOONSHOT they reportedly bought it for 574.98 $HYPE, about $46k starting price is 67.24, which by entropy's math is a ~$67B valuation for moonshot the last private round in october was ~$50B, and the company has reportedly filed confidentially for an IPO in hong kong, targeting Q1 2027 already visible in the hyperliquid metadata io:MOONSHOT: max leverage 6x, isolated margin only the market isn't open for trading yet, but we may soon be able to trade pre-ipo moonshot on entropy and it's one more sign that more projects are picking hyperliquid as the infrastructure for launching new markets ref: entropy.io/?r=roky

what could 1 @Lighter_xyz point be worth at the new year? lighter points started on august 21 with 65k points per week, and every week it grows by 5k last friday it was 105k. if the pattern holds, by the new year we get to ~155k per week that's ~2.09m points in total lighter officially allocated 11m $LIT for this campaign 11m / 2.09m = ~5.26 $LIT per point what 1 point is worth, depending on the $LIT price: > $4+ (bull case, back to the highs): $21+ > $3.1 (current price): $16.3 > $2.5: $13.2 > $2: $10.5 a point costs me $1-3 to farm. what that is in x: at $1 / $2 / $3 per point > $4+: 21x / 10.5x / 7x > $3.1: 16.3x / 8.2x / 5.4x > $2.5: 13.2x / 6.6x / 4.4x > $2: 10.5x / 5.3x / 3.5x what this tells me: the margin is thinner than it looks at first glance. at $2 $LIT and $3 per point it's only 3.5x, so the cost per point matters a lot here my last week was $1.44 per point, at the current price that's ~11x the price is the main risk. that's why my base cases are 3.1, 2.5 and 2, not a pump it's a rough model, not a promise: the numbers change if the weekly points or the price change, or if the campaign gets extended how i farm it: > organic volume, no wash trading, i hold trades 16-24h > delta-neutral together with variational and entropy, funding mostly covered the spread last week > premium to standard made no difference in weekly points, the gap is mostly in live points would be cool to get a gift for the new year like last year. it would be very symbolic, since it's exactly one year since the legendary lighter drop ref link that gives +10% weekly points boost: robinhoodchain.lighter.xyz/?…

OI @entropyIO keeps growing every week, and it's already $70m+ for reference: on september 1 it was $14.7m that's ~4.8x in about 7 weeks, +$55.3m of OI what's inside that number: $ANTH has the highest OI, $41.61m. that's ~59% of everything on entropy $PRL was listed just 5 days ago and already has $4.15m OI, ~6% of the total those two alone are about 65% of all OI what this tells me: new listings get picked up fast. $PRL went from zero to $4m in 5 days, so every new pair they list gets real attention right away but the OI is concentrated. the growth itself looks steady, not a one-day spike: after the jump in early september OI kept climbing with only small pullbacks OI is not volume, but it shows how much money people are willing to keep in positions, and that number keeps going up ref: entropy.io/?r=roky

what happens after the $VAR TGE @variational_io TGE is the most anticipated event of this year, and i think right after it there will be massive fomo across the whole market my guess is people will rush to farm everything that popular CT accounts push on them. whatever gets shilled the most is where the crowd will go and i think the biggest mistake will be jumping into everything at once. you spread the deposit thin and end up with a pile of tiny positions that earn close to nothing here are a couple of projects i'll be spending my time on: @entropyIO no points yet and almost no people, a very early stage. i trade pre-ipo markets 24/7, hold my trades, no wash trading, and they list a new pair every week @risextrade i'm going back to farming it after a month break. i keep seeing more bullish rumors about the project, but nothing official yet. i already have 500 points here and want to multiply them 3-4x be careful with new projects and don't spread your deposit all over the place

another interesting name showed up on the entropy leaderboard @Wanyewest69 wallet: 0x8607a7d180de23645db594d90621d837749408d5 a well-known whale in onchain and hyperliquid circles. back in january 2026 Arkham posted about him: «YOU'VE NEVER HEARD OF HIM BUT HE MADE $2 MILLION IN 24 HOURS» he's also ranked #27 among onchain traders on variational his wallet is $15.7M, with $13.7M of it on hyperliquid and on entropy: $13M equity, 30 open positions ref: entropy.io/?r=roky

a new project is showing up on my radar - @metricxyz it's a dex built on propAMM mechanics, already live on robinhood chain, bnb chain and ethereum you can swap, provide liquidity or deploy your own pool they claim ~20% of robinhood stock-token dex volume in their first ~24 hours since launch and a lot of RH KOLs are already pushing it there's also a screenshot going around on X about hidden points in their code. no official word on points, so take it as a maybe for now it's only in my notes, i'll keep an eye on it app.metric.xyz

my main focus right now is on these three perp dexs @entropyIO i farm it organically, holding my trades, no wash trading, and i trade only io markets. they list a new pair every week, right now i'm trading $SNDK and $ANTH @variational_io i'll keep farming it until the end of the campaign. i keep hearing the API should come out next week, and after that update point farming can change a lot, so i'll watch the situation @Lighter_xyz a perfect perp dex for a delta-neutral strategy, i run it together with variational and entropy it would be great to turn the points into tokens by new year, that would be a nice gift and a couple of x on my costs this is my main three. i'm afraid to spread my deposit across a bunch of different perp dexs, so for now i stay focused here the tier list can grow though, i'll add to it when something earns a spot refs: entropy.io/?r=roky robinhoodchain.lighter.xyz/?… (+10% weekly points boost)

my weekly lighter rh and variational points are out, here are my numbers stats for the week: > 254k volume > 16-24h average hold time > 22-25k OI > 3.5-4k margin on the account > pairs i traded the most: $SNDK, $GOOGL, $CRCL, $NVDA lighter rh result: 1.72 live points + 17.07 weekly points = 18.79 points total on 3.5-4k margin that's roughly 4.7-5.4 points per 1k margin cost: $1.44 per point variational result: same volume, same hold time, same OI = 2.5 points cost: $10.82 per point this week i moved lighter rh from premium to standard. i didn't notice any difference in the weekly points, as far as i can see the gap is mostly in live points funding was mostly in my favor this week and covered the spread between the perp dexs, so the point could have ended up free, but i made a few mistakes along the way, and i'm still happy with the result ref link: robinhoodchain.lighter.xyz/?…

found another whale on @entropyIO and this one is a big name @bizyugo anonymous defi whale, top 2 on debank and an advisor/investor in sharpbyte one of the earliest and loudest voices on hyperliquid with a strong reputation around $HYPE $115M on the wallet, $76M of it sitting on hyperliquid, 83K followers watching it and now he's trading on entropy: $20.78M volume so far a wallet that moves this much size doesn't test random places, so i'm paying attention

what it costs to farm one point on every perp dex right now? @Lighter_xyz - ~$1-3 @variational_io - ~$10-12 @risextrade - ~$0.8-1.2 @arcus_xyz - ~$0.5-2 @extendedapp - ~$1.5 @hibachi_xyz - ~$0.15-0.25 @pacifica_fi - ~$0.2-0.25 @nadoHQ - ~$0.4-0.5 @entropyIO - no points yet @QFEX - no points yet what i'm doing right now: my main focus is entropy. even without points i trade io pairs only, a couple of trades a day, and hold each one for 12-18 hours i'm also farming lighter and variational the same way, and i want to keep my activity going on risex as well the price is only half of the math. what matters just as much is what the point ends up paying later, and a cheap point on a perp dex nobody uses can still turn out to be a cheap zero my plan is simple: fewer dexs, more size on each one, and more time in the position. points come from holding, not from grinding volume

first $100m+ daily volume for @entropyIO and i'm very bullish on it on the chart it's ~$108m, the day before it was ~$80m and ~$69m the day before that, so it's three days of volume going straight up, and the old record was ~$77m back in august and it didn't come from nowhere. i keep finding the same thing on entropy: whales from vari, a bitwise analyst, a DeFi OG founder, all sitting on the leaderboard in profit. that's not the crowd you see in a pure farming spot the OI has been high for a while, it's still not crowded, there's a real alpha team behind it, it's the best place i've found in the hyperliquid ecosystem, and new pairs keep coming, pre-IPO pairs trading 24/7 and now $PEARL for me entropy is the main focus right now, and a first $100m day feels like the start of something, not the peak wen $1b+? ref link if you want an edge in farming: entropy.io/?r=roky

confirmed, yesterday's post from @entropyIO was about a new listing and it's $PEARL it's the token of @prlnet, a project working on making inference more useful and efficient, and entropy says they're closely aligned with the team one thing to know before you touch it: $PEARL is still an illiquid asset, so entropy is using its pre-listing methodology for now, and it will move to a standard crypto perp once more liquid venues appear so the pair is live, and the rules for it will change later, which is the part i'll be watching the details of how the pre-listing methodology works are in entropy's docs, worth reading before you size a position

so @variational_io just caught up to @tradexyz in rwa perp volume, and the chart makes it look even crazier than it sounds a couple of months ago the orange slice for vari was barely visible, now it's around $13b a week, slightly ahead of tradexyz at ~$12-13b and tradexyz was doing close to $37b at its peak what i find more interesting is that total rwa volume is still near the highs, ~$47b a week, so this isn't just one platform taking from another, new volume is coming in and a big chunk of it lands on vari the chart also shows it's not a two-horse race gmtrade is sitting at ~$8b, lighter and aster at ~$4b each so how much of this is real demand and how much is points volume? probably both and nobody knows when the campaign ends the real test is how much stays once there's nothing left to farm

keep digging through the @entropyIO leaderboard for interesting people, and here are two more names > @0xcarlisle analyst at bitwise, realized pnl $259.2k on entropy wallet: 0xbe504fbfc1ad30708a79f5821ed5ea6eef1a877b > @RaccoonHKG defi og and founder of buji dao, realized pnl $95.4k on entropy wallet: 0xb82359e0fdf3095dd8471df3f3c26aba5b369763 a name from traditional crypto funds and a name from the defi og side are both making money here, i'd say that's a nice signal about who's paying attention to entropy entropy is on its way to becoming something big and i'd rather be early than explain later why i wasn't

looks like we're getting three listings from entropy been digging through their market config and found three pairs: > io:H100 > io:PRL > io:SBE and entropy said something is coming tomorrow it's just a guess, but maybe we get all three at once, or maybe only one of them no confirmation, just a config file and a timeline that happens to line up either way, i'm watching it tomorrow we'll know

entropy dropped a video saying something is coming tomorrow no details, just tomorrow and of course my first thought is points nothing is confirmed, it's a guess. it could be anything: a new feature, a partnership, a campaign if it is points, tomorrow will be a different game we'll see what they show ref: entropy.io/?r=roky

spend your time farming @Lighter_xyz RH points even with a deposit of just $1k you can farm hundreds of points before the campaign ends here's what's working for me, hope it helps: 1) holding OI matters a lot. i hold my positions 8-24 hours, because going back and forth for pure volume won't get you points. trade like a real person and i think the result will surprise you 2) the premium account only matters for live points, at least that's what the rumors say. this week i switched to standard and i'm sitting at zero, or a tiny plus from funding, because standard has no fees 3) open and close your trades through the mobile robinhood wallet, it gives you 2x points 4) i mostly trade $SNDK, $NVDA, $CRCL and $GOOGL. from my own stats the spread on these is tiny when you run them delta neutral together with variational and i close the trade once volatility calms down. you can also try entropy for the delta neutral strategy there's also one more idea i haven't tried yet: long a stock on lighter rh through mobile, then short the same stock on lighter core, which gives 2.5x. i'll check the results this friday and maybe run this setup after that with about 200-300k volume a week you can make ~20-25 points if you do everything carefully at $1-3 per point, 100 points cost you only $100-300 depending on how carefully you farm, and if you get funding on your side you can pick them up for free nobody knows exactly when the campaign ends, so every week you wait is points you may not get back. there's no need for a big bag, start with $1k, hold your positions, and keep the spread tight if you've been putting off lighter, now is the time to start. if you want an edge, my ref link is below: robinhoodchain.lighter.xyz/?…