Some takes regarding teams buying back their own tokens

For
- https://x.com/stanikulechov/status/1898723328900075933?s=46&t=2q9OLMlaobNlHLewOXT4uA
- https://x.com/smokeythebera/status/1898736277580599753?s=46&t=2q9OLMlaobNlHLewOXT4uA

Against
- https://x.com/effortcapital/status/1898724351291031816?s=46&t=2q9OLMlaobNlHLewOXT4uA
- https://x.com/lazyvillager1/status/1891039883038261383?s=46&t=2q9OLMlaobNlHLewOXT4uA

imo only works if there is PMF and sustainable revenue

if you survive, you have no choice but to make it

https://www.egirlcapital.com/writings/dE4AzaSbREOMppMqRmFpuA

Last week (March 3 to March 7, ET), Bitcoin spot ETF had a net outflow of US$799 million; Fidelity ETF FBTC had a net outflow of US$201 million; Ethereum spot ETF had a net outflow of US$120 million. — link

Chocolate Finance - regulated fund management platform in Singapore recently experienced high withdrawals due to FinFluencers retracting their support:
- https://youtu.be/4YuAxdDKGsM?si=XfxslrrBbnjnDvWV
- https://youtu.be/wgdmewpyyO0?si=Zy4JU9dnHGyZWVx6

Seems theres a delay in instant withdrawals due to high demand
(https://news.1rj.ru/str/c/1870681157/101167)

Some thoughts
- It’s an MMF, not a bank or FD. They invest money for you and don’t lend it out, should have enough to cover.
- People speculating that the YouTubers sparked the fear and hence the high withdrawals - content creators are quite influential.
- PTSD as it reminds me of FTX, Celcius and Hodlnaut. Will always be sceptical of people shouting “risk free”, “guaranteed returns”, “principal protected”.

JUST IN: 🇸🇬 Singapore Exchange to list Bitcoin perpetual futures.

@WatcherGuru

Stop using leverage my dudes — 0xJezza

TLDR: Hyperliquid and HLP functioned as it was designed to.

HLP is not, has never been, and will never be, risk-free.
You provide liquidity, betting that the house (always) wins, on top of that, earning some platform fees.
There are times where the vault incurs losses, in this case, was like a month of gains.
There were previous times that i rmb seeing the vault with negative pnl too, in the early days but it averages up over time.

Some interesting reads and takes
- https://x.com/ZKSgu/status/1899775870623195403
- https://x.com/ScottPh77711570/status/1899737924087976401
- https://x.com/0xkyle__/status/1899765295017078952

Tweet: https://x.com/HyperliquidX/status/1899768864705237211?t=su_CIFyMz5wGK5_3CIGG8w&s=35

Robinhood will list Pudgy Penguins (PENGU),Popcat (POPCAT) and Peanut the Squirrel (PNUT). — link — link

«Trump Family Has Been in Talks for Stake in Crypto Exchange Binance, Sources Say -- WSJ: BBG

CZ SAYS RUMOURS OF A TRUMP BINANCE DEALS ARE FALSE, HAS NEVER HAD DISCUSSIONS WITH ANYONE: X

🔗 velo.xyz

since inauguration the amount of fake news reached ath

insane

4 — Link

To date, Hyperliquid has processed over $1 trillion in trading volume and become the first DEX to rival CEX scale. As volume and open interest continue to grow, there are increasingly large tests for the margining system. Yesterday’s event highlighted an opportunity to strengthen the margining framework to address extreme conditions more robustly. Immediate review was undertaken to analyze the scenario in detail and investigate ways to mitigate similar situations. Risk management is, and has always been, a top priority. It is a constant focus, even if not publicly highlighted each day.

To that effect, there will be a change to require 20% margin ratio on margin transfers in a network upgrade after March 15 0:00 UTC. "Margin transfer" refers to funds leaving cross wallet and isolated margin positions. Examples include withdrawals, perp to spot transfers, and adding or removing isolated margin. This change does not affect the opening of new cross margin positions and only affects new isolated margin positions if cross margin usage would exceed 5x after the isolated position is opened. This update is intended to maintain healthier margin requirements and reduce the systemic impact of large positions with hypothetical market impact upon closing.

As always, Hyperliquid remains committed to providing a performant, transparent, and resilient trading environment and delivering the best possible experience for users.

something i’ve been thinking about over the last few days after reading all the stories of losing everything

even if we resume the bull rn, how many of the same people will lose the house again?

is it a matter of bad luck or greed?

i think most of us have our own answers

remember the current cycle's culture

it repeats again and again