Pinned Tweet
I might not have won the Genesis Cup
but at least I made it onto the Breaking News page on @Polymarket
Hyperliquid HIP3 open interest is currently ~$3.97B with tradeXYZ accounting for 99% of it
Polymarket is pricing the odds of HIP3 OI hitting $5B in 2026 at just 21¢
OI has been relatively stagnant for the past few months but if the stock market rallies $5B could be reached quite easily
Feels a bit undervalued at 21¢
trade the market here:
polymarket.com/event/what-wi…
pump is on a roll
hard not to be bullish on solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn here
It’s over for papertrade
It was a fun experiment but the recent changes to the protocol just makes trading there not be worth it anymore
Jez was working under the assumption that enabling 1000x is enough to attract traders
But it clearly isn’t
People still care about trading experience as well as proper incentives
NEW: @papertrade_xyz 24H REVENUE DROPS FROM $1.45M TO $183,261 IN JUST ONE DAY
Papertrade hit $25.24M revenue on its 10/10 launch day.
SOURCE: defillama.com/protocol/paper…
$PEAR migrated to HyperEVM and there are LP rewards for farmoors
Farmer hat on
welcome @pear_protocol to Hyperliquid and nest
pear has seeded $500,000 into the PEAR-USDC pool and NEST emissions will be live after 00UTC tonight
hypearliquid
$PEAR is finally coming home to HyperEVM
Migration portal is open now
Soon you’ll be able to trade $PEAR on Hypercore
$PEAR's Token Migration Portal is live.
Trading opens on Tuesday on Hyperliquid. 🍐
app.pear.garden/portfolio/mi…
Daily $PAPER staking rewards stimmy
At current rates i’ll be making roughly $5.5K in staking rewards yearly
That’s more than 50x my current farming cost
$PAPER perps just launched on Hyperliquid
At a pre-market price of $0.03 delta-neutral PAPER farming is insanely profitable
Here’s an example setup using $1,000:
>Open equal-sized BTC longs and shorts at 50x with $500 margin per leg
>Wait for a 1% BTC move in either direction to reduce the relative haircut on the winning leg
>Close both positions
At the current mint rate of 11.6 PAPER per dollar lost:
>PAPER farmed: 2,842
> Net farming cost: $32.96
> Cost per PAPER: ~$0.0116
> Value at $0.03: $85.26
> Profit: $52.30
Stake the PAPER for rewards and short hedge PAPER on Hyperliquid to lock in the profit (if you're bearish on PAPER in the short term)
This is literally a golden opportunity
How to farm $PAPER in the most efficient way possible
Papertrade applies a haircut to winning profits, then charges a 2% win fee
So losing trades mint PAPER based on eligible dollars lost - not leveraged notional.
One very common farming approach is opening equal long and short BTC exposure, then close both together
> The losing leg mints PAPER
> The winning leg offsets most of the loss
But the smaller the underlying price move, the larger the percentage haircut on your winner
Using the published BTC model including the win fee:
> 0.1% BTC move: ~24.29% fee
> 1% BTC move: ~13.18% fee
At the current mint rate of 14.4 PAPER per $, a normal losing close with a 98% eligible basis gives:
0.98 × 14.4 = 14.112 PAPER per $ of loss
So your final acquisition cost is:
> 0.1% move: ~$0.01721 per PAPER
>1% move: ~$0.00934 per PAPER
Higher leverage doesn’t multiply PAPER per dollar lost, it just makes you reach that loss faster
Blasting 1,000x can get you liquidated after a tiny move, while the haircut on your winning leg is still large so your cost per PAPER is high
Use lower leverage to give both positions room to survive a larger move, then close both before liquidation
Closing after a 1% BTC move instead of 0.1% cuts your cost per PAPER by roughly 46%
The losing leg generates your PAPER
Higher leverage can make you farm faster but you need to ensure you give you trade enough room to make a bigger move to reduce the farming cost
You can now trade $PAPER pre-market on @pear_protocol with 3x leverage
Funding is negative and long positions are currently getting paid 225% APR
if you're bullish - long PAPER on pear instead of farming $PAPER at a loss might be the play
$PAPER is now live for trading on @pear_protocol.
Got a pair trade thesis involving $PAPER? Tag @PearMarkets and we will feature your idea.
Hint: Long Degeneracy basket.
18 hours later - the basket is cooking
thanks @agent_pear
Pump is giving a $50 bonus to new users who make a deposit as well as to those who refer them through the app
Let’s make this interesting
I’ll send the $50 referral bonus I receive straight back to anyone who uses my ref
pump.fun/join/muddyrc
The MOST REWARDING referral program in crypto’s history.
We’re giving away ALL of the Pumpfun App’s revenue via rewards!
- Your referral deposits $50 → both of you get $50 on top
- ~10% reduced fees for your referrals
- Referrers get a limited-time 4x boost
Learn more 👇
Readers added context they thought people might want to know
Signing up or depositing alone earns nothing. Per pump.fun’s terms, the reward equals the new user’s first fiat purchase (max $50). It is paid in installments only if they trade on 5 separate days within 10 days; otherwise it’s forfeited. pump.fun/docs/referral-…
RC retweeted
Arbitrum liquidity has officially been removed as we begin our planned token migration to Hyperliquid.
What this means for you:
• $stPEAR: No action needed
• $PEAR: Migrate via the official portal opening Monday, Oct 19.
• Trading live: Tuesday, Oct 20 (HyperCore & HyperEVM).
⚠️ Security reminder: No portal is active yet. Beware of fake links, DMs, or impersonators - the only legitimate link will be posted directly from this official account on Monday.

























