Ok so look at the DeFi mania at first. You just bought a Yswap token, then LPed it for 10000% APR, if you were fast enough you made tons of money, if not you got rekt.

Then we had memes, not that huge mania and greed for sure, but still crazy times.

Currently we are in a transition phase where through derivatives we can bet on commodities treating them like memes while the world burns.

And this happens through Hyperliquid, a platform not even designed mainly for commodities. Imagine when other beasts arrive like Sphinx or other stuff that are meant to specialize and be regulated in commodities and other RWAs.

The markets will become a huge casino. Invest in commodities, flip to BTC, use collateral to get USDC, then borrow some NVDA stocks and then throw what remains into random memecoins…oh, and let’s not forget NFTs..

The greed, the mania, the volatility will have nothing to do with what we’ve seen before. Crypto will help connect all markers, but this will also turn markets into a new volatile beast.

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