the trade is not in streamer coins, but in being a streamer

https://x.com/spunosounds/status/1963826189417525510?

On the next network upgrade, to improve liquidity and reduce user friction, spot pairs between two spot quote assets will have 80% lower taker fees, maker rebates, and user volume contribution.

The USDH ticker, currently reserved by the protocol, will be released by a validator vote in a transparent, onchain process.
+ The USDH ticker is well-suited for a Hyperliquid-first, Hyperliquid-aligned, and compliant USD stablecoin.
+ After the next network upgrade, validators will be able to vote to allow a user address to purchase the USDH ticker. Voting is fully onchain through a Hyperliquid L1 transaction, in the same way that delisting votes work.
+ As USDH is a canonical ticker with high demand, validators will vote on the team best equipped to build a natively minted, Hyperliquid-first stablecoin. Teams interested in being considered for the ticker may submit a proposal in the USDH Discord forum and should include the user address which would deploy the USDH ticker if selected by a validator quorum. Note that the approved team must still participate in the usual spot deploy gas auction.

For context, spot quote assets will become permissionless in the future, starting with testnet. There will be a staking requirement and slashing criteria to be announced.

BREAKING: Tesla, $TSLA, offers Elon Musk a pay package valued as much as $1 trillion.

If fully realized, this would be the CEO largest pay package in history. https://t.co/PKUHj1abYp
(@TheKobeissiLetter)

*BLS SAYS IT'S EXPERIENCING TECHNICAL DIFFICULTIES

*BLS SAYS DATA RETRIEVAL TOOLS ARE CURRENTLY NOT AVAILABLE

TREASURY 2-YEAR YIELD FALLS TO 3.55%, LOWEST SINCE APRIL 7
(@WalterBloomberg)

🔥🇺🇸 The United States has reported non-farm payrolls for August, showing an increase of 22,000 jobs, falling short of expectations of 75,000 and down from a previous increase of 73,000. The unemployment rate for August stands at 4.3%, meeting expectations but rising from 4.1% in the previous month.

U.S. AUGUST NONFARM PAYROLLS +22,000 (CONSENSUS +75,000) VS JULY +79,000 (PREV +73,000), JUNE -13,000 (PREV +14,000)

*US AUG. NONFARM PAYROLLS RISE 22K M/M; EST. +75K

*US AUG. AVERAGE HOURLY EARNINGS RISE 0.3% M/M; EST. +0.3%

*US AUG. AVERAGE HOURLY EARNINGS RISE 3.7% Y/Y; EST. +3.7%

*US AUG. UNEMPLOYMENT RATE 4.3%; EST. 4.3%

TRADERS ADD TO BETS ON FED INTEREST-RATE CUT IN SEPTEMBER

GOLDMAN SACHS TRADER: BUY THE SEPTEMBER DIP.

Goldman Sachs macro trader Paolo Schiavone advises buying September’s stock dip, predicting the S&P 500 could climb to 6,700–6,900 as rate cuts boost growth.

In a note issued before the latest jobs report, he said markets are already pricing in a Fed cutting cycle that will spur economic re-acceleration. August jobs growth was just 22,000 vs. 75,000 expected, with unemployment at 4.3%. The weak data pushed the dollar lower, yields down, and stocks higher.

Schiavone sees the Fed’s long-run rate near 3%, similar to the ECB, and expects stretched valuations in credit and equities to persist. He recommends owning rates volatility, buying equity dips, and watching Nasdaq and Russell indexes for signals.

He also warns of risks from “fiscal dominance,” where central banks lose independence, which could raise front-end rates and stagflation risks. For now, he stresses that incoming data must “carry the load.”
(@WalterBloomberg)

SEC AND CFTC TO CONSIDER ON-SHORING PERPETUAL CONTRACTS FOR U.S. TRADERS: SEC

Link

*HASSETT: JOBS NUMBER LITTLE BIT OF A DISAPPOINTMENT RIGHT NOW

*HASSETT: EXPECT JOBS TO BE REVISED UP

*HASSETT: JOB NUMBER LIKELY BE REVISED UP BY ALMOST 70,000 JOBS