Forwarded from Shoal Research Hub
Ethena Labs: Not a single Dollar of Spot Backing Value is Held on Any exchange, Including Bybit
> Currently there is <$30m of aggregate unrealised PNL relating to Bybit hedge positions, which is less than half of the reserve fund.
Source: https://x.com/ethena_labs/status/1892971552565805309
> Currently there is <$30m of aggregate unrealised PNL relating to Bybit hedge positions, which is less than half of the reserve fund.
Source: https://x.com/ethena_labs/status/1892971552565805309
Crypto Mumbles
https://x.com/coinbasetraders/status/1893060579226497294?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
12% reflected on desktop, not app
not sure why but maybe its just not reflected on the app yet
i transferred whatever i have on cb into the perps wallet for 12%
not sure why but maybe its just not reflected on the app yet
i transferred whatever i have on cb into the perps wallet for 12%
bsc alr broke on broccoli don't even bother
it'll be cool if its on hl, but likely sol because its the most retail friendly and from his pov it makes the most sense
it'll be cool if its on hl, but likely sol because its the most retail friendly and from his pov it makes the most sense
🤣3
in that aspect i don't think any other chain can replace sol because it has proven its edge this cycle
regardless how bad sentiment for sol is
regardless how bad sentiment for sol is
🔥6
Crypto Mumbles
https://fxtwitter.com/katexbt/status/1893765068203954656
Don't wait for the perfect conditions to appear, go headfirst into the sub-par ones and make them perfect.
jup remains viable and i think its possible for flows to converge over time
but the whole libra and team thing still looming rn as sentiments are bad
but the whole libra and team thing still looming rn as sentiments are bad