kidponga

Update: SAFU fund transfer is complete - this was the large 7,499 $BTC transfer visible here: blockchair.com/bitcoin/trans…

Hyperliquid's priority fees are now ~7% of total fee mix, and I do not think we are anywhere near what the ceiling for this number is. Over the next 12 months, priority fees on Hyperliquid, will generate more revenue than Lighter's entire buisness. At current 30D pace annualized, they are already neck and neck. Hyperliquid

I have an idea - why don’t we hack North Korea instead

Of the 3.75M HYPE sold OTC last month, 3.125M HYPE was staked on one wallet with the Hyperliquid Strategies x Unit validator. The remaining 625K HYPE was sent to another wallet on HyperEVM, where it stayed inactive for almost three weeks before sending 1 HYPE to a new wallet yesterday. hyperevmscan.io/tx/0x390596b… That new wallet was funded the same day, through a few hops, by a wallet with multiple links to wallets used by TradeXYZ to buy tickers on Hyperliquid. The 625K HYPE has now been transferred to the new wallet, moved from HyperEVM to Hypercore. hypurrscan.io/address/0x5a4c… Not 100% sure what this means or why the HYPE was split, but my main theory is that ICE was indeed the buyer of the 3.75M HYPE, which remains unconfirmed, and that the 625K HYPE may have been transferred to TradeXYZ as part of ICE’s investment. The onchain link strongly suggests that the 625K HYPE belongs to TradeXYZ.

I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States. As a market participant, I am looking forward to to using their innovative product to enhance my investment process.