Tony

Payward, the parent company of Kraken, announced its intention to be the first CFTC-regulated deployer on HIP-3* markets. Payward will use Hyperliquid as the infrastructure layer to deploy perpetual futures markets for US clients. Subject to regulatory approval, Bitnomial, Payward’s CFTC-regulated DCM and DCO, would act as the HIP-3* deployer: creating, owning, and administering the markets and clearing and settling the contracts. If approved, NinjaTrader Clearing, Payward’s CFTC-registered FCM, would carry client accounts. HIP-3 will support optional deployer configuration for permissioned markets in a future network upgrade. This set of additional deployer functionality is collectively called HIP-3*. At its core, HIP-3* activation involves an onchain allowlist managed by the deployer or its sub-deployers. The functionality is strictly additive to HIP-3; its use is optional and up to the deployer. Existing markets remain unchanged. The initial release is available on testnet, where specifications are preliminary and subject to change based on feedback. Hyperliquid is a neutral infrastructure layer with the goal of supporting large parts of the financial system. HIP-3* gives deployers additional functionality to operate deployments consistent with the requirements applicable to them. As with HIP-3, HIP-3* deployers are independent operators who use Hyperliquid as the onchain infrastructure layer for their own markets, while retaining control and responsibility over their deployment.

farm perps with your head a lot of people just burn money on fees to get points, and that's the most expensive way to do it there's a smarter way: farm through funding look for spreads between perp dexes, take the side that gets paid, and either earn on it or go to zero, so the points come for free right now vari + lighter on $CRCL has been working for a couple of days, and the spread is +0.0264%, do the math yourself you can track pairs like this on @perpdexlist, a really useful tool: pick the perp dexes you farm and look for setups that fit a few things i keep in mind: points are a bonus, not the goal. if every point costs you real money, you're taking all the risk and the project owes you nothing funding changes, so check it every time you open and while you hold limit/market orders, no rush farm perps smart

~25% APR funding. ~130 bps spread to close. Plus @variational_io points. A trade you can run manually and get paid for farming. Long USOIL (swap) vs short WTI (CL perp): > Price gap between them is at a historical high (~130 bps) > USOIL swap: longs receive ~55% APR > CL perp: shorts pay ~29% APR > Net: ~25% APR at 1x leverage > Swap markets pay 3x funding on Friday (for Fri, Sat, Sun) I entered on Friday at a ~133 bps gap. Now it's ~123 bps. It will close to 0 eventually. My result after 3 days: > ~$46k OI > ~$100 profit: +$76 funding, +$27 spread > ~$300+ expected once the gap closes > Points on top, for free I'm done with CPM (cost per million). New metric: EPM - earn per million. My EPM: ~$2,200 per $1M OI in 3 days, ~$6,500 expected. If you farm points at a loss, you are exit liquidity. Only KOLs and exchanges win that game. I show real trades and real numbers. We run strategies like this at @atoma_fi. Once Variational releases its public trading API, it goes into Atoma on day one. I'll take any point price and stack as many as I can before TGE. Just hit the top affiliate tier: 18% points boost with code OMNITONY

"Uptober" starts next week.

An important update from Hotstuff As we prepare for the next chapter in Hotstuff's journey, we'll be winding down our current trading operations across both perpetual and spot markets. We're working towards a strategic acquisition of Hotstuff Labs, subject to final agreements and approvals. The proposed transaction would bring our engineering team, trading products and full financial infrastructure, including our custom Layer 1, into the acquiring company. Our intention is to continue working on our vision and relaunch our product lines under the acquiring company's brand. We'll share more about the next phase as plans take shape. For everyone with positions or funds on Hotstuff, here's what happens next: • Perpetual markets will close on September 25, 2026, at 10:30 a.m. Eastern Time (14:30 UTC). You can close your positions before this deadline. Any positions still open at the cutoff will be automatically settled at the prevailing market price, with the resulting account balance available to withdraw. • Vault withdrawals will open only after perpetual markets closes. • Spot trading will remain available until September 30, 2026, at 11:59 p.m. Eastern Time (October 1, 03:59 UTC). You can sell your spot holdings and withdraw the proceeds, or withdraw supported assets to an external wallet, before this deadline. • Withdrawals through the app will also remain available until September 30, 2026, at 11:59 p.m. Eastern Time (October 1, 03:59 UTC). Please withdraw all remaining funds before this deadline. • After the app withdrawal window closes, you can request a withdrawal by opening a support ticket in our official Discord. Our team will be available on Discord to help with closing positions and withdrawals. To everyone who traded, tested, shared feedback and helped us build Hotstuff, we sincerely appreciate you. We know you put time and trust into this, and we’re grateful for the part you played in building it. We look forward to having you with us for the next chapter of our journey.

vaults.sentora.com/vault/1/0… Sentora's USD RWA vault is returning over 12% against top quality RWAs. Is there a better trade out there?