Founder @ambient_finance Founding contributor @fogo Ex: Quant
Joined August 2021
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- Followers 50,898
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743 Photos and videos
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5 Aug 2025
We made a perp dex. You should check it out.
Now in @FogoChain testnet.
5 Aug 2025
The greatest onchain perps experience has arrived on Fogo Testnet.
Zero taker fees.
CEX-grade UI.
Gas fees? Nada.
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Jun 6
String theory is probably a field that has set back quant trading by at least 10 years. Stealing top tier trading talent to do make believe 26 dimensional geometry, inflate boomer professors’s grant budget, and produce zero testable hypotheses or applications after 50 years
Jun 6
jane street is probably a place that has set back science by at least a 100 years. Stealing top tier research talent and making them do high speed coupon clipping to make rich people richer and also organize military coups in South Sudan.
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Jun 5
The crazy thing is the ZCash bug was public on Github 4 days ago. And market didn't notice until today.
Seems like there'd be a lot of alpha setting up agents that do nothing but watch the Githubs commits and PRs of major crypto projects.
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Jun 5
The way to understand the ZCash bug is it’s not infinite mint of ZEC itself. It’s more like the shielded pool (Orchard) could become insolvent. Think of it more like the KelpDAO hack for ETH.
Very little reason not to proactively unshield any ZEC today. Being early to the exit is always better in a bank run. Consider Orchard burned, and don’t re-shield until there’s a new pool with a clean history
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Jun 4
As someone who spent a lifetime speeding up HFT code… this is a crappy benchmark for “superhuman coding”
Build benchmarks, profile performance, tweak bottlenecks. Repeat again and again and again. No super intelligence needed. Just hours and hours of tedium and persistence
Jun 4
Each time we release a model, we run the same test: give it code that trains a small AI model, ask the new model to speed it up. It takes a skilled human 4-8 hours to reach 4x faster.
In May 2024, Claude Opus 4 averaged a ~3x speedup. This April, Mythos Preview achieved ~52x.
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Jun 4
Question for those watching equities… what happens if Anthropic’s ARR growth stalls? Even for a month?
Aren’t trillions in market cap for semiconductors and hyperscalers dependent on exponential token demand from the frontier labs? If token demand stalls, is it a y2k moment?
Sam Altman said AI budgeting has recently become a "huge issue" for some companies, something that "never came up" earlier this year. bit.ly/4uxIGnv
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Jun 4
(Boomer reference to y2k…
The proximate cause of the dot com bubble bursting was the end of capex spend on fixing the y2k bug. Up until 1999, the curve for some of the tech growth was being artificially propped up by fixing this bug.
Once the exponential broke, even just for a quarter, the market lost all of its nerve and crashed. Even though in the long run, the Internet did end up being huge)
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Jun 4
1/ Most perps DEXs are still built around continuous matching and a FIFO order matching system. Inherently, this means that the fastest order wins.
And it’s never yours.
Superluminal is taking a completely novel approach with a Dual Frequency Batch Auction matching engine, on infrastructure that actually makes a different design possible.
Jun 4
Introducing Superluminal.
Just the beginning.
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Jun 4
9/ Ambient deployments remain live.
And if you participated on Ambient, those contributions will be recognised in Superluminal
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May 31
You just won a 2-week, all-expenses-paid vacation. But there’s a catch: you have to stay within one region the whole time. What are you picking?
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May 30
Indexers are private orgs and can make whatever rules they want…
*However* many have decades of unrealized capital gains in funds tied to these indices. You can’t exit without taking an enormous tax hit. US tax policy is now effectively subsidizing SpaceX exit liquidity.
Rule changes for the SpaceX $SPCX IPO:
Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5.
This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations.
Bloomberg Intelligence estimates S&P 500 funds must absorb 19% of SpaceX's float within 6 months.
Russell 1000 and Nasdaq 100 funds will absorb 24%.
The rules built to protect passive investors:
1. S&P 500 has required 12 months of trading and 4 quarters of GAAP profitability since 2002. Both waived.
2. Nasdaq cut its inclusion window from 90 trading days to 15.
3. FTSE Russell cut its to 5.
All three benchmarks are now structured to buy SpaceX at IPO pricing.
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May 30
Let’s say CFOs crack down on token spend, and Anthropic revenue stalls. If that happens (big if) are semiconductors screwed?
For example Micron, is there any other demand that can keep it above $1 trillion market cap outside the anticipation of exponential LLM inference growth?
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May 28
Oh no
Introducing Claude Opus 4.8: it builds on Opus 4.7 with sharper judgment, more honesty about its own progress, and the ability to work independently for longer than its predecessors.
Available today at the same price.
ALT Benchmark table showing how Claude Opus 4.8 compares to its predecessor and to other models on tests of coding, agentic skills, reasoning, and practical knowledge work tasks.
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