Demystifying "TVL deals"

We just witnessed history:

After "Liberation Day" tariffs, the weighted-average US tariff rate has jumped to a whopping 29%.

Not even the Smoot-Hawley Act during the 1930s Great Depression saw tariff rates this high.

Are you ready for what's next?

(a…

all you have to do is wait until the other countries fold, or wait until the economy breaks

easiest trade ever

Part of the problem with risk assets here for people that aren’t very sophisticated like me is that you really can’t forecast when the range of uncertainty/probabilities is as wide as it has become. Soros excerpt below.

For now, continuing to like the quote…

A Token Won't Save You

TRADERS BOOST FED BETS, FULLY PRICE 100BPS OF CUTS THIS YEAR

China did not like the bounce.

USA vs China now, popcorn time...

"He’s at the peak of just not giving a f*** anymore”

“Bad news stories? Doesn’t give a f***. He’s going to do what he’s going to do. He’s going to do what he promised to do on the campaign trail.”

- White House official with knowledge of Trump’s thinking…

One of the fastest ways to dox yourself as a cryptopleb is to ask "what's the reason for the Bitcoin pump today."

Its path to $1m+ is preordained. On any given day it needs no reasons.

Debunking Hyperliquid FUD (Part 1: HLP, liquidations, and platform guarantees)

It's sad to see coordinated misinformation campaigns targeting Hyperliquid, which have led to widespread misunderstanding of what we are all working so hard to build.

In response…

Breaking: In an effort to calm markets Trump @WhiteHouse is spreading the word to whoever will listen that dozens of countries are calling in and are willing to cut deals on trade. Story developing