Humans of Hyperliquid Ep 2 New Episode with @nobraintrader1 We discuss: - Hyperliquid growth story - Trading lessons from the last bear market - Crypto seasonality strikes again 1:05 - NBT's intro to crypto and background 2:57 - Trading crypto for the last six months 4:23 - HYPE outperformance 7:50 - Building conviction in bear markets 10:23 - When NBT first discovered Hyperliquid 13:23 - Hyperliquid's real competition 16:15 - Binary options/outcome markets 19:45 - Importance of a mobile app 24:48 - HYPE S3 26:33 - Bear market rallies 32:35 - How NBT trades short-term trends 37:24 - BTC price action 39:48 - ETH short hedge 43:17 - Future of Solana 46:31- Recovering from big losses 50:00 - Summer trading plan

"What is the value proposition for Ethereum making money?" NBT talks about why nobody is using Ethereum and innovation isn't the problem at all. "I don't look at the news that Vitalik is writing a fantasy novel. I look at what are they doing to bring activity to the chain. It's the reason why Hyperliquid does well. People trade on the platform, the platform grows, they make more money, and because there's fees, they're buying back the hype token" "Ethereum had this thing, I think it's the merge, where the more activity there is, it's deflationary. Great innovation, but nobody's using the chain for that to work. They need a good app on Ethereum mainnet, not on a L2. If there's no activity, there's nothing"

hashtro is evolving miniperps coming soon on solana vive la perps

generational week for startups on solana: - spacex ipo tokenized by @Backpack - frontier trader rewards by @torqueprotocol - wsop buy ins & payouts by @moonpay enabled by the network and supported by the fndn & wider ecosystem solana is the startup chain

$SPCX now 37M in volume becoming the 4th highest volume asset traded on Solana in the past 24h (and #1 tokenized stock) issued by @Backpack securities via @sunrisedefi

my hot take is that as onchain spot listings happen for more global assets (in a timely manner) - we will see massive global wealth redistribution take place the SPACEX IPO being onchain, moments after it was live on the NASDAQ meant everyone around the world had access to it instantly enabling (especially) non US folks the same opportunities as people based in the US the opportunities available in the land of opportunities now accessible to everyone on Solana now imagine this for every IPO, stock, commodity etc etc in every region available onchain - as spot opportunities sure you can make the case that you can 1x long a perp that represents this asset and that these opportunities already exist onchain but from my travels, the layman investor wants to own something - they want to know its legit and whats behind it - they arent comfortable with the concept of leverage which is why the Backpack Securities implementation of onchain equities listings is the way forward and will hopefully become an industry standard soon

Today on MCG: @rachit | @sunrisedefi Sunrise just brought the most historic IPO of all time to @solana $SPCX Highlights include: 00:39 - SpaceX IPO live on Solana within 10 minutes of NASDAQ opening 02:34 - The 24/7 markets thesis 06:02 - Why opening on a Friday is bullish for crypto 07:42 - The Solana decentralization advantage 10:42 - How @Backpack Securities works 11:36 - Their role(s) 13:53 - "Stocks today are where stablecoins were back then" 15:54 - $SPCX $TRUMP comparison 18:01 - The wealth redistribution thesis 25:38 - Last week's dynamic assets launch with @MeteoraAG 28:25 - $160K worth of $SV151 packs in custody so far. Token holders can redeem for packs or sell back to the asset 31:42 - Roadmap reveals 33:42 - The Meteora trifecta explained

.@rachit from @sunrisedefi explains how tokenized stocks stay priced after market close - Mature trading desks have pricing models built from previous IPOs -Those models reference data across desks continuously through the weekend - Principal market makers quote the asset to keep spreads tight - Sunrise's own quant team aggregates that data and posts the on-chain market @solana lets it run 24/7

$SPCX now 25M in volume making it the #1 tokenized stock today on @solana the NASDAQ is now closed however trading on Solana continues 24/7 via @Backpack and @sunrisedefi

$SPCX is now the #1 tokenized stock on @Solana by volume, with over $15M only three hours after launch. via @Backpack and Sunrise.

if hyperliquid:native can capture the perps volume for $SPCX and we are expecting fresh flows, then $SOL should benefit as well if their spot markets powered by @sunrisedefi find decent demand

going live at 1:45pm ET to talk about SPCX finally on Solana via Sunrise issued by Backpack Securities

$SPCX on Solana, live with @Vibhu, @armaniferrante & @shadddowfax x.com/i/broadcasts/1jxXggEgX…

Trade $SPCX onchain, powered by @sunrisedefi and @Backpack. Available in your favorite Solana app 24/7, even when your favorite centralized app is offline.

$SPCX is now live on Solana via @SunriseDeFi. issued by @Backpack Securities

$SPCX is now live on @Solana via Sunrise. The biggest IPO in history priced on Nasdaq this morning. Issued by @Backpack Securities, $SPCX brings a tokenized SpaceX share onchain, on day one, trading across every Solana wallet and app 24/7. Own something.

the spacex nasdaq listing happening on a friday is extremely bullish for crypto this is the biggest IPO in the world - happening on a friday with only a few hours left till the stock exchange markets close this weekend - the crypto industry has the opportunity to showcase what 24/7 markets, price discovery and real ownership actually means and why its valuable

FYI if $SPCX is your first IPO The 9:30am ET opening bell does not mean SpaceX starts trading. Nasdaq runs a price-discovery auction first, and for a deal this size it can take hours before the first share ever prints. What's actually happening when the bell rings: - Orders pour in but NOTHING matches yet, it's "display only," basically an order book filling with bids & asks and zero fills. - Nasdaq broadcasts the imbalance and a moving indicative price (think live order-book depth before a launch). - The lead underwriter (Goldman) gives the green light while Nasdaq's automated cross keeps re-pricing until buys and sells balance out Only THEN does the "opening cross" fire. A single batch auction that clears everyone at one price, and then continuous trading begins. The bell and the first trade are NOT the same. Google (2004) → first trade 11:56am (~2.5 hrs after the bell) Meta (2012) → 11:30am (~2 hrs after) Twitter (2013) → 10:49am (~1hr 20m after) So if there's no chart at 9:31, nothing's broken. Price discovery just isn't finished.

y'all know what im going to be talking about

Frontier Traders is a new program by @SolanaFndn, @torqueprotocol and @sunrisedefi Rewarding traders on @solana First campaign goes live today for the SpaceX listing

The best traders today are leaning more discretionary than systematic. Pure systematic edges hit a ceiling. The real outliers combine rules with judgment, adaptability, market feel, and razor-sharp risk management. In the brand new Market Wizards: The Next Generation, Jack Schwager & George Coyle highlight that the top performers with the most spectacular returns are almost all discretionary traders. Was discussing this exact topic below with @rachit why manual execution and discretionary judgment have become the real core edge in today’s markets.