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X @mert | helius.dev
mert | helius.dev·2025-06-28 14:15

people in crypto have an inherent 0 sum mindsetnot all markets are PvP, competition can increase the size of a market — especially an early onecoinbase/robinhood launching perps products is not bearish for hyperliquid, it probably is the opposite provided the team keeps executingwhat likely happens is that COIN/HOOD increase the total amount of perps traders in the world and expand the marketthe market expanding is net good for the #1 game in town (in their niche) ...