Bonded off http:/pump.fun and hit 4x But only the trench mfs could manage to do this to a Nokia 3310 It finally met its enemy. Solana trenches 9yVZHNSGinjUaibodie9Ns296iwahFT2vvcEApTjpump
- 0 replies
- 0 recasts
- 0 reactions
During the last rate cuts in Q4'24 we saw funding benchmarks widen as a spread to tbills from ~0% to more than 20% in the space of a few weeks. USDe supply doubled during that period of time. If we do see funding go anywhere near there again now into an easing rate cycle we will see >$20b USDe supply in less than a month. While I am biased, I think Ethena is the most levered asset on earth to falling interest rates.
- 0 replies
- 0 recasts
- 0 reactions
another James Wynn type idiot trading on Hyperliquid at super high leverage, went from +$21m PNL to being $15 on ETH higher for full liquidation 0xcB92C5988b1D4f145a7B481690051F03EaD23a13
- 0 replies
- 0 recasts
- 0 reactions