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Most tech giants in the 2000s built their infrastructure and product as one entangled unit. Amazon had the foresight to separate out AWS as an API layer, of which Amazon retail was the first of many users. Today, AWS generates more profit than all of Amazon's other business lines combined. Hyperliquid is built with the same philosophy. Housing all of finance requires thoughtfully designed, open financial primitives. Each primitive should obey the Unix principle of "Do one thing and do it well." Talented builders then have the foundation to chain these together to create magical applications. HyperCore borrowing is an example to highlight this philosophy in action. Most other platforms implement portfolio margin by marking an account's collateral to market value with an LTV haircut, creating borrowed assets without an explicit lender. This system is simpler to implement, but misses a golden opportunity for composability. Hyperliquid instead begins with a borrow/lend protocol on HyperCore. Every borrowed asset is sourced from a supplier, so risk is isolated within the borrow/lend primitive instead of platform-wide. HyperCore's portfolio margin system is implemented as an orchestration layer that composes borrow/lend, with other primitives such as perps, spot, and outcome trading. This decomposition has several nice corollaries: 1. Today's announcement of manual borrowing is not a new feature, but simply an extension of the underlying primitive. Borrowers on day one have access to 400M and growing of supplied liquidity. 2. Portfolio margin users earn interest on their idle stablecoin collateral. This is not a new feature, but a natural byproduct of composing trading with lending. 3. System safety is easier to reason about when perp and borrow/lend margining are independent. In the same way that math theorems almost prove themselves when the right abstractions are defined, composable designs just feel right.
Manual borrows are live on Hyperliquid Portfolio margin and manual borrows use the same underlying HyperCore infrastructure, with $269M in assets borrowed today. Users can supply HYPE and BTC as collateral to borrow quote assets (USDC and USDT). Borrowed quote assets pay interest, and supplied quote assets earn interest, with rates set by utilization.
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Hyperliquid.
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Replying to @WazzCrypto
???
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Claude one-shotted Venezuela in one evening Let's see how fast ChatGPT can topple Iran
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well it was 30x in September, so
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HIP-5 should focus on AI/whore markets OnlyFans takes a 20% revenue cut, while Fansly and Fanvue each take 10% If Hyperliquid launched HIP-5 e-girl markets, that would probably be the last piece of the puzzle combining all the degenerate money-making schemes into one House of All Finance
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I have been a Hyperliquid User since December 2023 and I’ve always wanted to give something back to the team and especially @chameleon_jeff. He built something so incredible and exciting that I’ll be telling my grandkids about it! Here is my 59-page research paper about Hyperliquid and why it will become 'The Blockchain to House all Finance'. Since the file is too large to upload directly, I’m sharing the Google Drive link. The attached images show the Table of Contents. big thank you to @HyperliquidX and @chameleon_jeff also thanks to @mlmabc for his insane fast research! (drive.google.com/file/d/18ke…)
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me looking at my 4 claude code instances, while i browse twitter
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We are revising our developer API policies: We will no longer allow apps that reward users for posting on X (aka “infofi”). This has led to a tremendous amount of AI slop & reply spam on the platform. We have revoked API access from these apps, so your X experience should start improving soon (once the bots realize they’re not getting paid anymore). If your developer account was terminated, please reach out and we will assist in transitioning your business to Threads and Bluesky.
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We just released 𝚛𝚎𝚊𝚌𝚝-𝚋𝚎𝚜𝚝-𝚙𝚛𝚊𝚌𝚝𝚒𝚌𝚎𝚜, a repo for coding agents. React performance rules and evals to catch regressions, like accidental waterfalls and growing client bundles. How we collected them and how to install the skill ↓ vercel.com/blog/introducing-…
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“Not him, he said please and thank you in his prompts”
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prediction markets will replace therapists. i’m feeling sad. i open a market: “will i feel better by tonight?” i throw $67 on “no”. some dude who listens to one psychology podcast sees the liquidity, messages me: “bro let’s talk.” he bets “yes”, calls me, says three encouraging things and sends me a meme of a raccoon giving a thumbs up. i laugh. the market resolves. he earns $67 for basically being wholesome. rest in peace, talkspace, calm, self-help books.
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The Fusaka upgrade is today. Ethereum is securely scaling.
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Website dev Max bid Polymarket NOs? @megaeth
A little bit of gambling on today’s MegaETH predeposit campaign. 9 AM ET = 14:00 UTC Plasma filled 500M in 3 minutes with a 50M cap. Market is worse than before, but imo it should still fill pretty fast. 1H should be free YES, for basically farming volume on Polymarket. predeposit.megaeth.com/
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what does this mean for the poors @megaeth
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Peanut does not require KYC. Banks require it. If you want to interact with your bank, that's when you need to verify. It's not us. It's them. And we don't want your stupid selfies, so we don't even see them.
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