
Monarching the situation @monarch_fast
Joined November 2012
- Tweets4.6K
- Following1.8K
- Followers2.9K
- Likes20K
$238,071 already paid out to market makers and traders since @Outcomexyz started cooking on hip-4
insane amounts of thought and effort has gone into our reward campaign to score and reward useful liquidity
anyone can mm to earn these rewards on hyperliquid
result -> the best execution is on hip-4 outcome markets with the tightest spreads, not polymarket or kalshi
if you mm sportsbooks or price contracts, there's a tonne of rewards up for grabs every day with the $1m reward program
liquidity and rewards here: monarch.fast
if you have an orderbook fetish, I got just the thing for you
every wallet's liquidity on every @Outcomexyz hip-4 market, the most detailed orderbook data you've ever seen
shoutout to the makers who've been paid out nearly $200k and counting
monarch.fast/marina
Today, we unveil our new Liquidity Rewards Dashboard for @Outcomexyz HIP4 on @HyperliquidX
The goal is to empower users with rich analytics and actionable insights:
- Discover new markets and available rewards
- View historical liquidity profile of each market
- Understand individual liquidity provided by any given wallet at any given time
Much more to come, DM if u have any feedback or suggestions
Hip-4 will indeed be hyper liquid.
BREAKING: $50K USDC in rewards every week for eligible Outcome HIP-4 markets
Trade or make markets through @Outcomexyz and earn for helping build deeper, more useful markets on @HyperliquidX
Powered by Monarch.
Join: outcome.xyz
Sleeping on HIP-4? Time to wake up
Permissionless deployment is huge for prediction markets
If you're thinking HIP-4 will play out like HIP-3 it won't
@tradexyz has blown the competition out of the water
The number of perps with sufficient demand is extremely limited: tokens, equities and commodities
Prediction markets have an enormous surface area in comparison
Deployers can win specific verticals, geo-specific sportsbooks, politics, esports, culture... the list goes on
No single deployer has the ability and distribution to win every niche
The simple deployer formula:
- lists/resolves markets
- builds the frontend
- owns distribution
- collects fees
Anyone can list markets if they can front the hype stake
This model scales more than Polymarket and Kalshi because it's actually decentralised
If you're building a prediction market you now have a choice:
- Build a performant matching engine and data infrastructure
- Fight the uphill battle convincing MMs to set up on your exchange
- Pay a fat sum for liquidity that will do the bare minimum to comply with your KPIs
OR
- Rely on battle tested infra that's already supported Trillions in volume
- Tap into Hyperliquid MMs ready with liquidity at the drop of a hat
Hyperliquid orderbook infrastructure is a league above Polymarket and Kalshi
HIP-4 markets have 0.001¢ ticks, the best polymarket offered for world cup matches was 0.25¢
Spreads were multiples tighter, the best price wasn't on @Polymarket or @Kalshi, it was on @HyperliquidX
Permissionless deployment will open the design space for prediction markets, there's not been a single meaningful attempt yet
Enter HIP-4
If you're building on HIP-4 dms are open
@monarch_fast will help you delete the spread
Didn't get much sleep over the last month because of the world cup
Was deep in @HyperliquidX orderbook data for our @monarch_fast liquidity campaign with @Outcomexyz
We made spreads 100x tighter than Polymarket and our community market makers did 30% of HIP-4 world cup volume
Robust tracking and scoring, with rewards of over $3k per day going to participants. The liquidity campaign has delivered
And guess what, you can now visualise it:
- Every fill
- Every placed, modified, cancelled order
- Every wallet
- Every Hyperliquid block
Orderbooks generate insanely rich data, market makers need robust tooling to tune strategies to thrive in the most adversarial environment
Richer data = better makers = markets that scale
The future of liquidity is competitive
(It's coming home)
monarch.fast/world-cup
Adding colour to the @HyperliquidX HIP-4 world cup markets
Visualise your strategies against other market makers
Every wallet, every order, every block
See you in the orderbooks
monarch.fast/world-cup
trust is proba the most underrated pillar within our industry, on-chain data + settlement are incredibly valuable
we've worked hard @monarch_fast to take full advantage of these, minimise uncertainty for MMs & win their trust
1. Real-time scoring & live analytics - every MM knows exactly what their live score is + compare their depth/spread/fills vs all other MMs on monarch.fast/marina
2. Real-time payouts - MMs are paid out as soon as epoch ends (every 24hrs now), no waiting or guessing
This creates a live feedback loop every epoch: MMs receive reward + analyse other MM strats -> adjust own strat -> market gets more competitive everyday -> this is how we managed to get 10-20x tighter spread vs Polymarket/Kalshi
its simple, elegant but no one else is doing this, we're working on more tooling to empower our MMs & push competitive dynamics within our markets to the limit
This quoted post is unavailable.
Extremely proud of what we have achieved on @HyperliquidX World Cup markets with @Outcomexyz distribution & @monarch_fast performance-based real-time MM reward infra
On average, HL's World Cup match markets are 5x tighter than @Polymarket @Kalshi
Better Reward Competitive Dynamics -> Better Liquidity -> Better Execution -> Better Flow = Flywheel
We are progressing @HyperliquidX towards being the defacto prediction market reference venue
Just like how all alternate RWA spot/perp platforms rely on @tradexyz , soon all alternate prediction markets will price off @HyperliquidX HIP-4
Onwards
Every maker, every trade, every god damn block on Hyperliquid
@Outcomexyz is helping us reward $60k of inventives over the World cup
Liquidity is coming home 🏴
104 matches, 48 teams, 1 Champion
@HyperliquidX 's prediction markets have a shot on goal!
We're leveling up HIP-4 with @Outcomexyz:
// Better prediction markets frontend
// Deeper liquidity to compete w/ Polymarket & Kalshi
jaimin retweeted
Today, our Marina Liquidity Module goes LIVE on @tradeparagon HIP-3 perpetuals via @HyperliquidX
$15,000 in weekly maker rewards across 3 new HIP-3 markets: $BTC.D, $TOTAL2 and $OTHERS
Who's quoting? @useMonarch
Whitelist your maker address today
app.monarch.fast/marina
guess what happens when you turn on programmatic liquidity rewards?
spoiler: liquidity improves 👍
Our @useMonarch Marina Liquidity Module has been live for $ZAMA/USDC (@zama) for the past week on @HyperliquidX
We said programmatic incentives could coordinate community participants to quote continuously, complementing institutional DMMs
Here are our week 1 results 🧵
Earn to earn - If you like juicy juice we got you
Introducing Marina Earn Vaults
Deposit USDC & earn yield from fully on-chain market-making strategies on @HyperliquidX - curated by credible strategists, every position verifiable in real time.
Here's how it works & why it's built different 🧵
jaimin retweeted
Today, anyone can earn rewards for quoting
$ZAMA/USDC (@zama) on Hyperliquid
This is how we democratise access to market making for all assets
Provide liquidity via @tread_fi DMM campaign
Our @useMonarch Marina Liquidity Module distributes $2.5K/week on-chain based on quoting uptime, spread quality, and volume
View all live incentivised markets at app.monarch.fast/marina
In the past few weeks, @HyperliquidX showed that a permissionless CLOB that never closes is the most powerful trading infrastructure ever built
For nascent markets, there's a hard question: how do you achieve AMM-like constant quoting from day 1?
The answer is to decentralise this function
Programmatic incentives can coordinate a broader set of participants to quote continuously, complementing institutional makers
Our Marina liquidity module achieves this - it routes trading revenue & incentives directly to makers & traders
$ZAMA market on @HyperliquidX is our first live deployment
More next week!
jaimin retweeted
In the past few weeks, @HyperliquidX showed that a permissionless CLOB that never closes is the most powerful trading infrastructure ever built
For nascent markets, there's a hard question: how do you achieve AMM-like constant quoting from day 1?
The answer is to decentralise this function
Programmatic incentives can coordinate a broader set of participants to quote continuously, complementing institutional makers
Our Marina liquidity module achieves this - it routes trading revenue & incentives directly to makers & traders
$ZAMA market on @HyperliquidX is our first live deployment
More next week!
















