X @Ansem

RT Jon Charbonneau 🇺🇸 (@jon_charb)Risks as with anything, but we’ve literally in real time been watching Hyperliquid present a credible competitor to incumbent CEXs, leading price discovery pre-launch in size (eg PUMP, WLFI, XPL) now eating in spot majors, & move towards reducing tail risks (eg native USDC) ...