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Hyperliquid did the same volume on perps as all spot DEXes on all chains combined curious to see if @etherealdex will be able to compete with HL at some level

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icymi there are some interesting ETH-USDC stats today $14M TVL pool on Fluid -> $401M Daily volume $178M TVL pool on Uni -> $274M Daily volume

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Finally, Fluid DEX cbBTC-wBTC pool got more volume than Uni This pool has had deeper liquidity since its launch 4 months ago but it started getting more volumes only after more traders onboarded Fluid as a liquidity source, mainly @wintermute_t

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$ray dump shows us once again that distribution >>> tech there is an infinite number of examples both in the world (microsoft teams) and in crypto (metamask) that if you own the userbase, your product matters less

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Wanted to buy susde depeg on leverage but by the time I managed to transfer funds from different CEXes and chains to some other wallet, the arb was already closed @ethena_labs is only risking losing unrealized PnL and not the backing of USDe

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