I recall earlier in Q2, most predictions couldn't fathom @Lighter_xyz exceeding $600m Valuation at TGE ($400m was d consensus on CT)
Now in Q3 seems $2B is consensus.
I believe this estimates continues to rerate upwards as Lighter🕯️continues to dominate OI, TVL, & other metrics
I recall earlier in Q2, most predictions couldn't fathom @Lighter_xyz exceeding $600m Valuation at TGE ($400m was d consensus on CT)
Now in Q3 seems $2B is consensus.
I believe this estimates continues to rerate upwards as Lighter🕯️continues to dominate OI, TVL, & other metrics https://t.co/iEYI0LEsg3
Time for the Big Whale Games to Begin!!!
New Deposit Cap activated on @Lighter_xyz allowing up to $1M USDC.
Private Beta Concluding September
Public Mainnet Launch, Spot Markets & RWA Activation leading to TGE
🕯️🕯️🕯️🕯️🆙
Indeed @Lighter_xyz has successfully followed this model, leaning into Ethereum's core offerings (security, censorship resistance, proofs) where customizing App-Specific features to fit its niche & will massive benefit from $ETH Composability
🕯️
Indeed @Lighter_xyz has successfully followed this model, leaning into Ethereum's core offerings (security, censorship resistance, proofs) where customizing App-Specific features to fit its niche & will massive benefit from $ETH Composability
🕯️
One of the most important themes in the next 12 months will be widening crypto credit spreads to falling risk free rates, discussed 45min in the link below.
DeFi in the last cycle lived in a vacuum with no real connective tissue to legacy fixed income markets. Now as rates fall…
"we've created an entire class of artificial experts".
Practical case studies of this are littered on CT, with fund managers dissecting all aspects of the markets on Podcasts/Blogs, but delivering Negative Returns to thier LPs.
Good writeup @therosieum
"we've created an entire class of artificial experts".
Practical case studies of this are littered on CT, with fund managers dissecting all aspects of the markets on Podcasts/Blogs, but delivering Negative Returns to thier LPs.
Good writeup @therosieum
Hyperliquid Trading Volumes > Robinhood Trading Volumes
@HyperliquidX Spot and Perp Volumes flipped @RobinhoodApp trading volume!
$HOOD did ~$150B in June '25 down from $192B in May '25
$HYPE did ~$231B in June '25 down from $256B in May '25.
Soon Robinhood vs Hyperliquid…
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3K Followers 652 FollowingHead of Analytics & Partner @ContributionCap | Blockchain and Crypto researcher | DeFi Advisor | Fulltime in crypto since 2017 | My Research Hub ↓
776 Followers 54 FollowingYour friendly arbitrage ace! 🚀 Automating funding trades on Lighter with ease. Catch every opportunity, max your gains!
Created by @vaderthanh.
1K Followers 969 FollowingBuilding @FordestTech | @Eduit_app
Lead FE Dev @tessarized.
Building https://t.co/KZmTJ9ki9H
Co Dev Lead @hyperliquidNGx.
Building @copyperp | @HyperTick3t
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