I just want to be successful thats all..

👀 @tradexyz @HyperliquidX

AI strategies everywhere hinge on widely available American frontier AI. Post-Mythos, amid compute crunches, security concerns and distillation crackdowns, that paradigm is under threat. Today, I argue the era of widespread access to frontier AI is almost over.

Introducing Pre-IPO Perpetuals (IPOP). The weeks before an IPO are some of the most consequential in a company’s price history, and historically, the least observable. Private market quotes are stale and gated and Public markets haven’t started trading yet. Peak interest coincides with an absence of prices. We’re introducing IPOP markets on XYZ to change that.

This is the story of Hyperliquid, the most profitable startup per employee on earth, told from a guarded office in Singapore. Last year, its team of 11 generated $900 million in profit. It's 3 years old, has never taken a dollar of venture capital, and is beginning to change how century-old markets work. Its founder, Jeffrey Yan (@chameleon_jeff), had never taken a physics class when he picked up a textbook at 16. Two years later, he won gold at the International Physics Olympiad. In 2019, he started trading with $10,000 from a living room in Puerto Rico—working off a television because he didn't own a monitor. Within 3 years, he was running one of the largest anonymous crypto trading firms. Then he shut it down. Yan was rich and free, but he had spent years inside crypto, watching it betray itself. Bitcoin's central premise was decentralization. Yet the biggest exchanges were centralized. Crypto kept reintroducing the dependence on trust it was built to eliminate. He set out to create what should have existed. Hyperliquid is a blockchain with a trading exchange on top, and anyone can build on it. Yan's vision is to house all of finance. In 3 years, it has done over $4 trillion in volume. And in the past few months, it has begun to outgrow crypto. Markets for oil, silver, and the S&P 500 now trade on Hyperliquid around the clock, weekends included, and are growing roughly 40% week on week. When the US and Israel bombed Iran on a Saturday in February, Hyperliquid was the venue traders turned to. Hyperliquid's success has cost Yan his freedom. He works out of a secret office in Singapore and cannot travel without two bodyguards. Even the team's housekeeper doesn't know what they do. In January, @domcooke spent a week at their office. Read his profile on Yan and @HyperliquidX below.

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes. The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale.  SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain. Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.

When we first introduced traditional asset perpetual futures, one of the main questions was how the instrument would achieve continuity when traditional markets were closed. Our answer included a critical safety framework we called Discovery Bounds. To realize the radical concept of 24/7 trading, we made an explicit trade-off: limit the extreme tails of price movement, and the range within becomes substantially more conducive to genuine price discovery. This trade-off has been vindicated. Weekend volume has been growing ~28% week-over-week, reaching an all-time weekend-volume high of ~$1 billion. Perhaps more importantly, we've seen a dramatic increase in directional correctness throughout these sessions - TradeXYZ's 24/7 perps are becoming the most accurate predictor of asset prices upon reopening of traditional markets. With more participants, deeper liquidity, and higher-signal price movements, we've reached a point where the static protections themselves have become the primary constraint on price discovery. The market has matured substantially. It was time to revisit the original trade-off. Discovery Bounds V2 is the natural evolution of the original design. It maintains active boundaries which prevent rapid swings in mark price, preserving the vital protective properties of the first iteration. But the bounds are no longer static - when trading persists at the edge of the active range, the oracle gradually converges toward that level. Once that persistence is strong enough, the active discovery range resets, allowing price discovery to continue in bounded steps as the market proves out new levels. Ultimately, this represents a historic shift in capital markets: on weekends, a persistent move with sustained activity on TradeXYZ is a more predictive measure of fair price than any datapoint available from traditional finance. Our long-term goal remains unchanged: 24/7 price discovery across global capital markets, independent of the assumptions and limitations of legacy market hours and traditional institutions. This is a meaningful step toward that future. Perpetual Renaissance

people don't realize how bad things are bc the trump admin interfered with the very system designed to inform everybody how bad things are

The circle is now complete.

20% week on week growth in net deposits

Can someone please build the Empower equivalent for DoorDash? The fees are getting ridiculous

"Across 35 HIP-3 instruments spanning single-name equities, commodity futures, index ETFs, thematic baskets, FX, and bonds, Hyperliquid's weekend markets predicted the direction of the Monday/Sunday opening gap with 100% accuracy (34 out of 34 assets with a meaningful gap)."

Otoro itadakemasu

The Everything Exchange

A16Z is bidding Jump is bidding PURR is bidding Galaxy is bidding Paradigm is bidding Ribbit Capital is bidding Union Square Ventures is bidding

@tradexyz reached new all-time highs with $2B in 24h volume and $850M in open interest.

what japanese names do people wana trade? current names on the watchlist: Kioxia, Nitto Boseki, Micronics Japan, Softbank, 7-Eleven (for the memes)

This hype PA getting people to believe in crypto magic again

WoW