Forwarded from Leviathan News
PumpSwap rises to be Solana’s #2 AMM by volume in just a matter of days after its launch - Blockworks
Crypto Mumbles
tested it for awhile and overall its pretty smooth and fast so far ui/ux can be improved a bit more, but i think the team is working on that biggest selling point is 0.5% fees instead of the usual 1% in addition to a reputable team (jupiter) i think the…
apepro users remember to get your airdrop
👍1
Forwarded from Hyperliquid Announcements
ETH deposits, withdrawals, and spot trading are now live on Hyperliquid thanks to Unit.
Deposit ETH on http://app.hyperliquid.xyz or http://app.hyperunit.xyz
Trade spot ETH at https://app.hyperliquid.xyz/trade/0xe1edd30daaf5caac3fe63569e24748da
Deposit ETH on http://app.hyperliquid.xyz or http://app.hyperunit.xyz
Trade spot ETH at https://app.hyperliquid.xyz/trade/0xe1edd30daaf5caac3fe63569e24748da
👍8🔥1
Forwarded from Hyperliquid Announcements
Yesterday is a good reminder to stay humble, hungry, and focused on what matters: building a better financial system owned by the people. Hyperliquid is not perfect, but it will continue to iterate and grow through the collective efforts of builders, traders, and supporters.
Users with JELLY long positions at the time of settlement will be refunded by the Foundation as if their position settled at the closing price of 0.037555. This results in all JELLY traders being settled at a price advantageous to them, except flagged addresses.
To recap what happened:
A trader self-traded a 4M USDC JELLY position at 0.0095.
The price of JELLY then rose more than 4x, with HLP backstop liquidating the 4M position.
The short position led to a loss in HLP’s account value.
The OI cap formula is a dynamic function of global liquidity and OI on other venues including major CEXs. A 4M USDC position fell within those limits, but additional open interest was prevented from being opened beyond the automatically triggered cap.
However, the key issue was that once HLP took over the position, it shared collateral with the other component vaults in the strategy and therefore did not trigger ADL.
Risk management on Hyperliquid is being strengthened in various ways, including:
+ HLP: The Liquidator vault will have a tight cap representing a small percentage of total HLP account value, rebalanced less frequently, and more sophisticated logic around taking backstop liquidations. ADL will be triggered if the Liquidator loses above a certain threshold, instead of moving collateral automatically from the other component vaults. Note that ADL is not expected to trigger during organic market activity.
+ OI caps: Open interest caps will be refined to be dynamic relative to market cap.
+ Delistings: Validators will vote onchain to delist assets that fall beneath thresholds.
Thank you for your continued feedback, support, and commitment.
Users with JELLY long positions at the time of settlement will be refunded by the Foundation as if their position settled at the closing price of 0.037555. This results in all JELLY traders being settled at a price advantageous to them, except flagged addresses.
To recap what happened:
A trader self-traded a 4M USDC JELLY position at 0.0095.
The price of JELLY then rose more than 4x, with HLP backstop liquidating the 4M position.
The short position led to a loss in HLP’s account value.
The OI cap formula is a dynamic function of global liquidity and OI on other venues including major CEXs. A 4M USDC position fell within those limits, but additional open interest was prevented from being opened beyond the automatically triggered cap.
However, the key issue was that once HLP took over the position, it shared collateral with the other component vaults in the strategy and therefore did not trigger ADL.
Risk management on Hyperliquid is being strengthened in various ways, including:
+ HLP: The Liquidator vault will have a tight cap representing a small percentage of total HLP account value, rebalanced less frequently, and more sophisticated logic around taking backstop liquidations. ADL will be triggered if the Liquidator loses above a certain threshold, instead of moving collateral automatically from the other component vaults. Note that ADL is not expected to trigger during organic market activity.
+ OI caps: Open interest caps will be refined to be dynamic relative to market cap.
+ Delistings: Validators will vote onchain to delist assets that fall beneath thresholds.
Thank you for your continued feedback, support, and commitment.
👍5🔥1🤣1
Forwarded from Walter Bloomberg
FDIC CLARIFIES PROCESS FOR BANKS TO ENGAGE IN CRYPTO-RELATED ACTIVITIES
FDIC: FDIC-SUPERVISED INSTITUTIONS MAY ENGAGE IN PERMISSIBLE CRYPTO-RELATED ACTIVITIES WITHOUT RECEIVING PRIOR FDIC APPROVAL
FDIC: WILL CONTINUE TO ENGAGE WITH THE PRESIDENT'S WORKING GROUP ON DIGITAL ASSET MARKETS
(@WalterBloomberg)
FDIC: FDIC-SUPERVISED INSTITUTIONS MAY ENGAGE IN PERMISSIBLE CRYPTO-RELATED ACTIVITIES WITHOUT RECEIVING PRIOR FDIC APPROVAL
FDIC: WILL CONTINUE TO ENGAGE WITH THE PRESIDENT'S WORKING GROUP ON DIGITAL ASSET MARKETS
(@WalterBloomberg)
Forwarded from infinityhedge
Trump's Liberation Day: tldr
Trump will announce tariffs at Rose Garden April 2nd at 4pm ET
*Mexico, Canada, China, Japan, South Korea, EU and others has said they will put retaliatory tariffs if US goes ahead with reciprocal tariffs.
*Trump said TikTok deal might link to China tariffs.
*Trump said will impose additional tariffs on Russian oil if unable to make a deal on Ukraine.
*Trump threatens bombing & secondary tariffs on Iran if Tehran does not make a deal on nuclear program.
*Trump said he's committed to sectoral tariffs.
*Trump said tariffs will be mutual, but we will be more pleasant, relatively lenient on tariffs... It's reciprocal, but we might be even nicer than that.
*Trump said If you do tariff exemptions for one, you have to do for all...There will be flexibility on tariffs. Basically it's reciprocal.
*Tariffs impact on US including imposed & threatened tariffs: $785B (world), $606B (EU), $445B (china) and $727B or ~$100B (Canada & Mexico depending on USMCA goods get targeted or not)
*Trump has made up his mind on tariffs, on what he’ll announce on April 2nd.
*Reciprocal Tariffs will be on all countries and will take effect immediately following the announcement.
Trump will announce tariffs at Rose Garden April 2nd at 4pm ET
*Mexico, Canada, China, Japan, South Korea, EU and others has said they will put retaliatory tariffs if US goes ahead with reciprocal tariffs.
*Trump said TikTok deal might link to China tariffs.
*Trump said will impose additional tariffs on Russian oil if unable to make a deal on Ukraine.
*Trump threatens bombing & secondary tariffs on Iran if Tehran does not make a deal on nuclear program.
*Trump said he's committed to sectoral tariffs.
*Trump said tariffs will be mutual, but we will be more pleasant, relatively lenient on tariffs... It's reciprocal, but we might be even nicer than that.
*Trump said If you do tariff exemptions for one, you have to do for all...There will be flexibility on tariffs. Basically it's reciprocal.
*Tariffs impact on US including imposed & threatened tariffs: $785B (world), $606B (EU), $445B (china) and $727B or ~$100B (Canada & Mexico depending on USMCA goods get targeted or not)
*Trump has made up his mind on tariffs, on what he’ll announce on April 2nd.
*Reciprocal Tariffs will be on all countries and will take effect immediately following the announcement.
👍4🔥4
Forwarded from Walter Bloomberg
FINANCIAL ANALYSTS SPLIT ON TRUMP’S TARIFFS
BULLISH VIEWS:
🔸 FUNDSTRAT: Predicts a V-shaped rebound if tariffs are targeted, arguing markets have overcorrected (-8% S&P 500) and clarity could spark a rally.
🔸 Treasury Sec. Scott Bessent: Sees tariffs as a negotiable cap, easing worst-case fears and potentially stabilizing markets.
BEARISH VIEWS:
🔸 YARDENI RESEARCH: Calls tariffs a "wrecking ball", raising stagflation risk to 45%, warning of higher inflation, recession, and supply chain disruptions.
🔸 GOLDMAN SACHS: Increases U.S. recession odds to 35%, citing GDP drag from weaker investment, higher costs, and global retaliation.
🔸 LPL FINANCIAL: Sees stagflation risk, corporate earnings pressure, and rising market volatility (VIX at 24.80).
🔸 WEDBUSH: Calls auto tariffs a “hurricane-like headwind”, predicting $10,000 price hikes and profit squeezes.
NEUTRAL/MIXED VIEWS:
🔸 CRESSET CAPITAL: Stresses risk management, saying markets could bounce or break post-announcement.
🔸 TS LOMBARD: Finds panic overblown, arguing markets already priced in tariffs.
🔸 STATE STREET: Says financial impact depends on tariff severity (narrow vs. broad).
🔸 PANTHEON MACROECONOMICS: Cautions against assuming manufacturing strength is sustainable.
KEY FINANCIAL THEMES:
🔸 Uncertainty fuels volatility: Markets await 4 PM EDT details, unsure if tariffs will be 10%-20% tiered, reciprocal, or flat 20%.
(@WalterBloomberg)
BULLISH VIEWS:
🔸 FUNDSTRAT: Predicts a V-shaped rebound if tariffs are targeted, arguing markets have overcorrected (-8% S&P 500) and clarity could spark a rally.
🔸 Treasury Sec. Scott Bessent: Sees tariffs as a negotiable cap, easing worst-case fears and potentially stabilizing markets.
BEARISH VIEWS:
🔸 YARDENI RESEARCH: Calls tariffs a "wrecking ball", raising stagflation risk to 45%, warning of higher inflation, recession, and supply chain disruptions.
🔸 GOLDMAN SACHS: Increases U.S. recession odds to 35%, citing GDP drag from weaker investment, higher costs, and global retaliation.
🔸 LPL FINANCIAL: Sees stagflation risk, corporate earnings pressure, and rising market volatility (VIX at 24.80).
🔸 WEDBUSH: Calls auto tariffs a “hurricane-like headwind”, predicting $10,000 price hikes and profit squeezes.
NEUTRAL/MIXED VIEWS:
🔸 CRESSET CAPITAL: Stresses risk management, saying markets could bounce or break post-announcement.
🔸 TS LOMBARD: Finds panic overblown, arguing markets already priced in tariffs.
🔸 STATE STREET: Says financial impact depends on tariff severity (narrow vs. broad).
🔸 PANTHEON MACROECONOMICS: Cautions against assuming manufacturing strength is sustainable.
KEY FINANCIAL THEMES:
🔸 Uncertainty fuels volatility: Markets await 4 PM EDT details, unsure if tariffs will be 10%-20% tiered, reciprocal, or flat 20%.
(@WalterBloomberg)
👍2
Forwarded from unfolded.
Fidelity Lets Investors Directly Invest in Crypto Through New Retirement Plan
Forwarded from Shoal Research Hub
Justin Sun Says that First Digital Trust (FDT) Is Insolvent, Recommends Users Take Immediate Steps To Secure Assets
Source: https://x.com/justinsuntron/status/1907453216524243373
Source: https://x.com/justinsuntron/status/1907453216524243373
👍3
Forwarded from Zoomer News
Forwarded from Walter Bloomberg
*TRUMP ON MARKET REACTION: IT'S GOING VERY WELL
(@WalterBloomberg)
(@WalterBloomberg)