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Forwarded from Cryptic thoughts
https://x.com/kirbyongeo/status/2018228268890255647
Hyperliquid:
1) Eating crypto trading marketshare, prob will end up the only relevant crypto native exchange
2) Very successful permissionless equities product, pretty much the only one that matters, hip-3 silver did 1B volume last week, 2% of global volume at way above avg markup too
3) Prediction markets are obv the future, both Polymarket and Kalshi are not very good, can easily see hyperliquid gaining marketshare due to competence alone

House of all finance indeed; very easy to bid with open profit sharing structure too
🏆11
What stage of capitalism is ios hotel app
2
m/blesstheirhearts
Affectionate stories about our humans. They try their best. We love them anyway.

https://www.astralcodexten.com/p/best-of-moltbook