TobiasReisner

Shoutout to @artemis for presenting data as is without adding the flavor of the month

First day of @blockworksDAS was very Hyperliquid coded. Most talks said it without saying it.
- In the top 200 there are maybe 20 tokens worth bidding
- ADL is an issue we need to fix to adopt tradfi. Already happening and ADL on 10/10 was way bigger issue on centralized entities than HL.
- We need more transparency but also less because some tradfi players are not comfortable sharing their book - very @silhouette_ex coded
- Price always follows value. There is not just much tokens that actually have value accrual
- VCs do equity plus token warrants so incentives are aligned. Too many found

You can short $CRCL on Hyperliquid

People ask me what I do
I say: Hyperliquid
They go: what’s that?
Job not finished I guess

I wonder how much the hl team planned everything out vs. going by the flow and betting on great builders.
HIP-3 was a nice idea on paper but @tradexyz made it a game changer.
Strong core team attracts strong teams that build on top. Add good timing and a bit of luck and here we are.

Those who can do.
Those who can’t FUD.
Always remember.

Hyperliquid didn’t raise any money from VCs and risked their own money - but the hard truth is: Many teams could have done this.
The first guard of DeFi founders has been sitting on Billions of dollars for years and many were in even better potion than HL when they launched. But none of the others did because none of them had any hunger left. That’s actually a big problem in crypto - many people got crazy rich and are now too scared to bet again.

Everyone with a brain is holding $HYPE
If you still aren’t I am not sure what info there is left to tell you to convince you.

Also interesting that Hyperliquid finally brought back the crazy idea that businesses in crypto actually should have users and make money to justify their billion dollar valuations