On the topic of LTF setups that you can try to take with leverage, the combo of rounded dip + higher lows + round number is a great one with very small downside https://t.co/mHPQ1u7INz
On the topic of LTF setups that you can try to take with leverage, the combo of rounded dip + higher lows + round number is a great one with very small downside https://t.co/mHPQ1u7INz
The ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 vs hyperliquid:native valuation gap is wild.
Lighter:
• ~39x smaller market cap
• only ~5.5x behind on perp volume
• only ~9x behind on revenue
• ~19% buyback yield vs HYPE’s ~5%
If these numbers hold, $LIT looks heavily undervalued relative to fundamentals.
6) Lighter vs Hyperliquid - the gap
Lighter is faster + cheaper + better UI.
Hype has deeper liquidity - for now.
• Perp volume (30d): ~$45B vs HYPE's ~$250B → 5.5x
• Annualized revenue: ~$76M vs HYPE's ~$700M → 9x
• Market cap: ~$400M vs HYPE's ~$15.5B → 39x
Trades 39x smaller, but only 5.5x behind on volume & 9x on revenue.
Both route revenue to buybacks, but at current run-rate ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 is buying back ~19% of its market cap a year vs hyperliquid:native's ~5%.
Since TGE, the Lighter protocol has programmatically bought back 15MM $LIT tokens, representing 6% of the circulating supply.