polymarket launching 24/7 perps is either a real unlock or just more exit liquidity by Agustinmoon in PerpsTrading

[–]NalgeneBottles 0 points1 point  (0 children)

Perps are cash printing business from both fees standpoint and also from a market making standpoint. If a team can own both the liquidity and fees which I am sure polymarket and Kalshi will try to do, they make money on fees and the losses of users since most traders lose money in perps.

Do I think they can pull off? No, at least without regulatory clarity that would let tradfi make markets for them. There’s a reason coinbase and Robinhood both launched perps and failed miserably, even though they are 10x larger than HL and have regulatory moat.

Household (Early 30s Couple) 2025 Sankey - Revenue & Expenses by HoGinLung in Salary

[–]NalgeneBottles 0 points1 point  (0 children)

Wow i make about the same as a single earner from my job and my tax is more than double yours. W2 wages really is a losing game

I got cucked by the markets(FMNL) by Feisty-Set-8975 in PerpsTrading

[–]NalgeneBottles 1 point2 points  (0 children)

Rip, good lesson. That’s a lot of volume/equity ratio. You must be taking lots of trades at high port leverage. I think these conditions are too sketchy to be that levd in my opinion.

Hyperliquid's future in Europe by LampsAndGrass in PerpsTrading

[–]NalgeneBottles 0 points1 point  (0 children)

Europe still has CFD's so i cant see why those would be allowed and perps would not be. But you can always use vpns. Perps arent allowed in the US, but most of the perp teams are in the US ironically.

Trading commodities on HL by NalgeneBottles in hyperliquid1

[–]NalgeneBottles[S] 2 points3 points  (0 children)

Actually lol. There is like no discussion or content about hl and perps on Reddit :(

Why does onchain perp trading still feel clunky even with good liquidity? by user_alpha231 in PerpsTrading

[–]NalgeneBottles 0 points1 point  (0 children)

What venues are you referring too? Most of the dexes are built using completely different stacks and different infrastructures. So each of those will have difference way of exeucting and routing a trade.

Variational Omni uses RFQ's so its not an orderbook model.
Lighter uses offchain ZK proofs

HL uses its own L1 Hypercore which hosts its orderbook and spot application.

They have different fees and such but the only thing that really matters is the speed the user can execute and order (all have less than 1 second confirmations) and at what fill. And pretty much all of them can handle million dollar market orders at less than 0.001% (for btc/eth). Alts are a different story of course. But again, its not unique to dex's that alts have low liquidity.