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Andy· 2025-09-02 05:13
Its important to understand a few things about this:1. Hyperliquid OI is 20x Lighter's. Not even close, OI is what really matters.2. Lighter has zero fees and is pre-TGE.https://t.co/o2y6pvl5HZAndy (@ayyyeandy):Hyperliquid 24hr OI: $11,818,561,577Lighter 24hr OI: $587,447,495 https://t.co/IP94FWHWtT ...
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Andy· 2025-09-01 18:31
Perps DEXs Analysis - Perps DEXs are considered a top-tier business within the cryptocurrency sector [1] - Their design tradeoffs appeal to technically skilled individuals [1] Key Considerations for Perps DEXs - It's crucial to ascertain the presence of an escape hatch mechanism [1] - Proximity to a centralized sequencer is advantageous for advanced market making due to latency considerations [1] - Understanding the implications of a "centralized matcher," where a single hardware machine handles order matching, is essential [1] - Differentiating between soft finality and hard finality is important [1] App-Specific Chain Thesis - Perps serve as a compelling illustration of the app-specific chain thesis [1] Additional Resources - Recommends reviewing content on The Rollup YouTube channel for understanding technical terms [2]