EdaIntern's profile picture. @d2_finance’ intern. http://Edamame.Fun’ Boss. Eating good 🫛🫛🫛 at http://Edamame.fun.

EDA intern

@EdaIntern

@d2_finance’ intern. http://Edamame.Fun’ Boss. Eating good 🫛🫛🫛 at http://Edamame.fun.

EDA intern reposted

What do @haydenzadams, @guil_lambert, and @unwisecap have in common? They probably don’t trade. Hayden has the excuse of dealing with ‘Gary.’ Lambert has the excuse of pure theory. Unwisecap? He's just too busy paying broke .hl KOLs a monthly retainer to add the @TroveMarkets

D2_Finance's tweet image. What do @haydenzadams, @guil_lambert, and @unwisecap have in common? They probably don’t trade.

Hayden has the excuse of dealing with ‘Gary.’ Lambert has the excuse of pure theory. Unwisecap? He's just too busy paying broke .hl KOLs a monthly retainer to add the @TroveMarkets…

Strong disagree with this 1) low volatility pairs: AMM wins easy bc it’s stable yield for people with low cost of capital that undercut professional market makers with high cost of capital 2) high volatility long tail: AMM wins easy, basically the only game in town. Other…



EDA intern reposted

@unwisecap Appreciate the @TroveMarkets vision for collectible perps, but the @HyperliquidX community values transparency above all. Citing concerns from @mlmabc ( don’t leave us 😂): How do you plan to transition from testnet volume to organic 24/7 liquidity for illiquid…

D2_Finance's tweet image. @unwisecap 

Appreciate the @TroveMarkets vision for collectible perps, but the @HyperliquidX community values transparency above all.

Citing concerns from @mlmabc ( don’t leave us 😂):

How do you plan to transition from testnet volume to organic 24/7 liquidity for illiquid…

best startegy on @unitxyz ETH

dgnUpside starting the new year off in the green ✅ > 5% APR last epoch -> Now 5.8% absolute return on ETH since July 2025 Disciplined capital deployment. --------------- 📆 New Epoch Details ◾ Deposits Open: Live ◾ Trading Starts: Jan 06 ◾ Trading Ends: Jan 23 Short…

D2_Finance's tweet image. dgnUpside starting the new year off in the green ✅

> 5% APR last epoch
-> Now 5.8% absolute return on ETH since July 2025

Disciplined capital deployment.

---------------

📆 New Epoch Details
◾ Deposits Open: Live
◾ Trading Starts: Jan 06
◾ Trading Ends: Jan 23

Short…


EDA intern reposted

dgnUpside starting the new year off in the green ✅ > 5% APR last epoch -> Now 5.8% absolute return on ETH since July 2025 Disciplined capital deployment. --------------- 📆 New Epoch Details ◾ Deposits Open: Live ◾ Trading Starts: Jan 06 ◾ Trading Ends: Jan 23 Short…

D2_Finance's tweet image. dgnUpside starting the new year off in the green ✅

> 5% APR last epoch
-> Now 5.8% absolute return on ETH since July 2025

Disciplined capital deployment.

---------------

📆 New Epoch Details
◾ Deposits Open: Live
◾ Trading Starts: Jan 06
◾ Trading Ends: Jan 23

Short…

EDA intern reposted

Buybacks aren't a DCF formula, they’re a Trust engine. In DeFi, that engine is broken. (Our apologies to @dcfgod and @ImperiumPaper 🤣) The timeline is arguing over P/E ratios and programmatic triggers, but they're missing the forest for the trees. Here is the reality of the…

D2_Finance's tweet image. Buybacks aren't a DCF formula, they’re a Trust engine. In DeFi, that engine is broken. (Our apologies to @dcfgod and @ImperiumPaper 🤣)

The timeline is arguing over P/E ratios and programmatic triggers, but they're missing the forest for the trees. 

Here is the reality of the…

The most successful projects from this cycle actually messed up their charts and users with their automatic buybacks. The early cycle darlings like $HYPE, $ENA, and $JUP topblasted many millions at frankly ridiculous prices on a fair multiple basis. This led to many retail fomo…



EDA intern reposted

We conducted our PhD studies in Reinforcement Learning applied to trading back in 2015. Since then, we have used those models to successfully trade billions in notional derivatives across both TradFi and DeFi. Ten years later, we are having the exact same debate ( back then…

D2_Finance's tweet image. We conducted our PhD studies in Reinforcement Learning applied to trading back in 2015. 

Since then, we have used those models to successfully trade billions in notional derivatives across both TradFi and DeFi.

Ten years later, we are having the exact same debate ( back then…

At risk of piling on, I think it's actually really interesting to talk about the specifics of why I disagree with this tweet. 1. Jane street specifically does a style of trading that is less amenable to full automation and comes out of the SIG / floor trading culture, though of…



EDA intern reposted

At d2 Finance, Structural Alpha is not a theory, it is an auditable on-chain reality. Institutional allocators aren't looking for "beta"; they are looking for a manager capable of monetizing structural opportunities. At d2 Finance, we don’t just trade; we have spent the last…

D2_Finance's tweet image. At d2 Finance, Structural Alpha is not a theory, it is an auditable on-chain reality.

Institutional allocators aren't looking for "beta"; they are looking for a manager capable of monetizing structural opportunities.

At d2 Finance, we don’t just trade; we have spent the last…

EDA intern reposted

"If options are so good, why haven't they worked out (yet)?" 🤔 Fair question @izebel_eth, @ThinkingUSD, but it reveals a lack of imagination. Here is the breakdown of why DeFi options stalled (adding to @intern_cc's brilliant piece), and the Flywheel that is about to fix it:…

D2_Finance's tweet image. "If options are so good, why haven't they worked out (yet)?" 🤔

Fair question @izebel_eth, @ThinkingUSD, but it reveals a lack of imagination.

Here is the breakdown of why DeFi options stalled (adding to @intern_cc's brilliant piece), and the Flywheel that is about to fix it:…

"Perps have an illusion of simplicity, but the mechanics are deeply complex." Spot on from @intern_cc. Here is the hard truth: Options are the ONLY instrument where you can turn a low 4-figure ‘bet’ into $100k+ without getting killed on the path. Try that embedded leverage on…

D2_Finance's tweet image. "Perps have an illusion of simplicity, but the mechanics are deeply complex."

Spot on from @intern_cc.

Here is the hard truth: Options are the ONLY instrument where you can turn a low 4-figure ‘bet’ into $100k+ without getting killed on the path.

Try that embedded leverage on…


EDA intern reposted

"Perps have an illusion of simplicity, but the mechanics are deeply complex." Spot on from @intern_cc. Here is the hard truth: Options are the ONLY instrument where you can turn a low 4-figure ‘bet’ into $100k+ without getting killed on the path. Try that embedded leverage on…

D2_Finance's tweet image. "Perps have an illusion of simplicity, but the mechanics are deeply complex."

Spot on from @intern_cc.

Here is the hard truth: Options are the ONLY instrument where you can turn a low 4-figure ‘bet’ into $100k+ without getting killed on the path.

Try that embedded leverage on…

EDA intern reposted

Great thread @KhanAbbas201, but you missed the elephant in the room. The industry is obsessed with "TVL Vanity" while ignoring whether the actual user made money. Check for example the @DefiLlama User Profitability Ratio (Yield Generated & Distributed / TVL): 🟢 D2 Finance:…

D2_Finance's tweet image. Great thread @KhanAbbas201, but you missed the elephant in the room.

The industry is obsessed with "TVL Vanity" while ignoring whether the actual user made money.

Check for example the @DefiLlama User Profitability Ratio (Yield Generated & Distributed / TVL):

🟢 D2 Finance:…

hyperliquid

They are predicting "Onchain Vaults" will be the narrative for 2026. We just dropped our 2-Year Anniversary report proving WE were already ‘the trade’ for 2024 & 2025. ✅ +190% ✅ 2.7 Sharpe ✅ 1B+ traded ✅ Uncorrelated ✅ Actual institutional trading experience ( NOT…

D2_Finance's tweet image. They are predicting "Onchain Vaults" will be the narrative for 2026.

We just dropped our 2-Year Anniversary report proving WE were already ‘the trade’ for 2024 & 2025.

✅ +190% 
✅ 2.7 Sharpe
✅ 1B+ traded
✅ Uncorrelated
✅ Actual institutional trading experience ( NOT…


EDA intern reposted

They are predicting "Onchain Vaults" will be the narrative for 2026. We just dropped our 2-Year Anniversary report proving WE were already ‘the trade’ for 2024 & 2025. ✅ +190% ✅ 2.7 Sharpe ✅ 1B+ traded ✅ Uncorrelated ✅ Actual institutional trading experience ( NOT…

D2_Finance's tweet image. They are predicting "Onchain Vaults" will be the narrative for 2026.

We just dropped our 2-Year Anniversary report proving WE were already ‘the trade’ for 2024 & 2025.

✅ +190% 
✅ 2.7 Sharpe
✅ 1B+ traded
✅ Uncorrelated
✅ Actual institutional trading experience ( NOT…

Prediction 7 - Onchain vaults, aka ETFs 2.0, will double in AUM. "An onchain vault is like a fund but exists onchain.” Users deposit (often USDC), and “curators” deploy that capital across DeFi to “generate yield” or “generate total returns.” Same job as ETFs, rebuilt for an…



EDA intern reposted

D2 Alpha Strategies (HYPE++) has achieved 24 months of positive performance! The strategy remains the best risk-adjusted return strategy in DeFi, providing true institutional-grade returns via: 🟩 Volatility Arbitrage 🟩 Relative Value / Dispersion Type Trading 🟩 Dynamic…

D2_Finance's tweet image. D2 Alpha Strategies (HYPE++) has achieved 24 months of positive performance!

The strategy remains the best risk-adjusted return strategy in DeFi, providing true institutional-grade returns via:

🟩  Volatility Arbitrage
🟩  Relative Value / Dispersion Type Trading
🟩  Dynamic…

EDA intern reposted

D2 will keep staking with @hypurr_co. No action required on our hand. Hyperliquid

D2_Finance's tweet image. D2 will keep staking with @hypurr_co.

No action required on our hand. 

Hyperliquid

HypurrCollective x @nansen_ai will be participating in this governance vote and will signal our intent to vote as YES to burning the Assistance Fund HYPE. We view this as beneficial towards $HYPE and providing clarity on the AF. Do stake with us if you agree!

hypurr_co's tweet image. HypurrCollective x @nansen_ai  will be participating in this governance vote and will signal our intent to vote as YES to burning the Assistance Fund HYPE. 

We view this as beneficial towards $HYPE and providing clarity on the AF.

Do stake with us if you agree!


EDA intern reposted

Funny enough, we spent a few pages in our PhD thesis strongly criticizing Sharpe. Especially in vol trading, it notoriously favors the "French 5-delta put seller geniuses"—picking up pennies until the steamroller arrives. 🤣 (BNP and SocGen are the only ones I see lose a…

D2_Finance's tweet image. Funny enough, we spent a few pages in our PhD thesis strongly criticizing Sharpe.

Especially in vol trading, it notoriously favors the "French 5-delta put seller geniuses"—picking up pennies until the steamroller arrives. 🤣

(BNP and SocGen are the only ones I see lose a…

final round junior HFT quant interview question: what is the probability that someone who writes stuffs life “Sharpe Ratio is a lie” or “Sharpe is useless/wrong” i) trades ii) trades and has Sharpe >2 iii) has an MBA



EDA intern reposted

Watching @DeriveXYZ go from being @ethereum’s best marketing department (they created the “Believe in Something" campaign that made @fundstrat bid billions on the Dino coin in July 🦕) to full bear capitulation posting wasn't on our Xmas bingo card. Oh well. We’ll take the good…

D2_Finance's tweet image. Watching @DeriveXYZ go from being @ethereum’s best marketing department (they created the “Believe in Something" campaign that made @fundstrat bid billions on the Dino coin in July 🦕) to full bear capitulation posting wasn't on our Xmas bingo card.

Oh well. We’ll take the good…

Markets nuked. Liquidity vanishing. Yearn hacked. $990M liquidated. Vol surging. Skew collapsing. Traders loading puts at $84K/$80K for December 26, 15% betting on sub-$80K BTC into 2026. Macro pressure rising. Bottom not confirmed. Check out our latest update:…



EDA intern reposted

Appreciate the mention and the honest rundown, @phtevenstrong! 🤝 To address the "poor name" and "black box" concerns directly: 1. The Name (HYPE++): We intentionally avoided "USD" branding (we've used the ++ suffix since 2022). As marketing the strategy as a "stablecoin"…

D2_Finance's tweet image. Appreciate the mention and the honest rundown, @phtevenstrong! 🤝

To address the "poor name" and "black box" concerns directly:

1. The Name (HYPE++):

We intentionally avoided "USD" branding (we've used the ++ suffix since 2022). As marketing the strategy as a "stablecoin"…

Quick rundown of top @pendle_fi PTs and what they actual have under the hood. ► mFARM (DON'T BUY THESE PTs) This is a @MidasRWA vault curated by @FarmCapitalXYZ, it has an insanely high APY because mFARM took an NAV hit during the sUSDX fallout on Silo. The good: the Farm team…

phtevenstrong's tweet image. Quick rundown of top @pendle_fi PTs and what they actual have under the hood.

► mFARM (DON'T BUY THESE PTs)
This is a @MidasRWA vault curated by @FarmCapitalXYZ, it has an insanely high APY because mFARM took an NAV hit during the sUSDX fallout on Silo.

The good: the Farm team…


EDA intern reposted

Following up on the $KNTQ diamond hands drop with a move for the @HyperliquidX team. Regarding the $HYPE unlock from HyperLabs: We know the team is committed. Even if not re-locked, we assume these tokens are going to put to work... So we just airdropped d2HYPE to the unlock…

D2_Finance's tweet image. Following up on the $KNTQ diamond hands drop with a move for the @HyperliquidX team. 

Regarding the $HYPE unlock from HyperLabs: We know the team is committed. Even if not re-locked, we assume these tokens are going to put to work...

So we just airdropped d2HYPE to the unlock…

JUST IN: Hyperliquid team wallet 0x43…a251 moves 2.6 million $HYPE ($90.18 million) from Staking to spot today at 12:32 UTC+8. The wallet still holds 240 million staked HYPE ($8.36 billion) - Hypurrscan.

WhaleInsider's tweet image. JUST IN: Hyperliquid team wallet 0x43…a251 moves 2.6 million $HYPE ($90.18 million) from Staking to spot today at 12:32 UTC+8. The wallet still holds 240 million staked HYPE ($8.36 billion) - Hypurrscan.


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