LukeCannon♂️

Congratulations to Lighter bros on a higher valuation than most L1s!
Didn't open as high as many people wanted, dominated by airdrop sell pressure (as expected) & nuances that made it very different from HYPE's TGE
That being said, LIT has impressed me
There will be a time to short but that time is not today

At the moment there are far more near-term catalysts for LIT than HYPE
The biggest 2 are:
- various partnerships to be announced shortly (including Robinhood related)
- start of buybacks after observing first few weeks of trading
Vlad basically laid it all out for you in the Steady Lads podcast last week 🤷‍♂️
Have I sold any HYPE?
No, but betting on near-term LIT outperformance & that this chart has local bottomed

Closing 2025 in the green
Does anyone know how to calculate my sharpe ratio?

My step dad is about to die & leave me a $170,000 collection of old silver coins
So I decided to hedge my inheritance with a 20x SILVER short on Hyperliquid
Not only am I already up $23k, but my delta-neutral strategy also produces passive income ($60 so far)

In 2025, no chain was used more than Hyperliquid.
Hyperliquid averaged 6,502 orders every single second.
That's 4x the TPS of the entire Ethereum ecosystem combined (including all rollups).
Or 3x Solana's TPS.

I bought my wife an expensive gold necklace for Christmas.
And instantly hedged it with a 20x GOLD short on Hyperliquid.
It's dumb to drop $170k on jewelry. But it's also dumb to not get your wife what she wants.
BOOM, I've turned a expensive depreciating purchase into a delta-neutral strategy that produces passive income ($150 so far)

Reminder that no one (especially Tokenomist) has any special info on HYPE team unlocks
Even monthly vesting was just an assumption
And that assumption now seems unlikely given the team did not start unstaking another round of unlocks last night

Most Influential: Jeff Yan
AKA Jeff Wan