The Chopping Block: Hyperliquid vs. Tarun, ADL Transparency & The Coming Perps Arms Race - Ep. 984
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The goal of decentralized exchanges is to, like, improve upon centralized exchanges. And one thing is a lot of people who work at centralized exchanges DM me and said, hey. These ADL, like, repeated events have happened before at centralized exchanges. But no one knew because you can't really see it. Right? There's no public data. You only see yourself getting ADL. You don't see other people, so you can't measure, like, how big of an event it is.
Not a dividend.
It's a tale of Toufon.
Now your losses are on someone else's balance sheet.
Generally speaking, airdrops are kind of pointless anyways.
I'm named the trading firms who are very involved.
Alec. ETH is the ultimate problem.
DeFi protocols are the antidote to this problem. Hello, everybody. Welcome to the Chopping Block. Every couple of weeks, the four of us get together and give the industry insider's perspective on the crypto topics of the day. So quick intros. First, got Tom, the DeFi Maven and master of memes. Hello everybody. Tom is at a party apparently. He was too cool to show up on time. Next, we've got Tarun, the Giga Brain and Grand Poobah at Gauntlet. Yo. Joining us today we've got special guest Vlad, leverage legend and leader of Leiter. Welcome back to the show Vlad.
Hey guys, you're good to join for the late night session.
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