We always expect liquidity to be easier to get in Bull markets, but we forget that the cost of capital also rises. Suddenly delta neutral yields gotta be like 30%+ to get any attention at all! Sustainable stuff is always hard to build, in any market.
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@ballerxbt im confused where the yields for hyperliquids main HLP vault are coming from. The three subvaults dont add up to the balance of the parent vault.
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Hi /defi nice to meet you all here! I’m Mark from Shipyard Software (builders of Clipper.exchange).
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