joemccann's profile picture. “Only a fool trips on what’s behind them.” — Iceberg Slim

◢ Founder, CEO, Asymmetric Financial & Asymmetric Information

@joemccann

“Only a fool trips on what’s behind them.” — Iceberg Slim ◢ Founder, CEO, Asymmetric Financial & Asymmetric Information

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Crypto markets suffered a $20B drawdown yesterday after Trump's surprise tariff announcement, which spiralled into one of the most severe 1-day drawdowns in all of crypto's history Many have asked how @DriftProtocol's risk engines performed, and I want to highlight how Drift…

cindyleowtt's tweet image. Crypto markets suffered a $20B drawdown yesterday after Trump's surprise tariff announcement, which spiralled into one of the most severe 1-day drawdowns in all of crypto's history 

Many have asked how @DriftProtocol's risk engines performed, and I want to highlight how Drift…

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Waking up to see this post, I'm a exhausted, disappointed, and heart broken to see it go viral and to see the responses. No one cares about our users more than our team, and if you take the time to actually read our Discord and my tweets over the past day, I hope you'll see…

Imagine getting liquidated, adding more money to grab some cheaper tokens… but it never shows up on the exchange. Why? You were STILL IN DEBT even after losing your entire account That’s what happened to @Backpack users Way worse than what banks do

CryptoA77468's tweet image. Imagine getting liquidated, adding more money to grab some cheaper tokens… but it never shows up on the exchange. Why? You were STILL IN DEBT even after losing your entire account

That’s what happened to @Backpack users

Way worse than what banks do


.@hylo_so is one of the most innovative DeFi primitives in years. bit.ly/hylo-sol

Yesterday my confidence in the protocol grew exponentially and therefore I can now deploy more funds in it without worry. Keep up the amazing work!



Tax loss harvesting season.


This is a huge win for web3 overall. Congrats to the team shipping the @EthereumPhone.


$0 in liquidations in @hylo_so yesterday. Zero. bit.ly/hylo-sol


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In the last 24 hours, we witnessed one of the biggest liquidation events in crypto. At Adrena: • Trading volume: $217M • Liquidations: $12.6M • Fees generated: $181K • $ALP APR: 85% • Max $ADX staking APR: 57% Adrena held the line — just like you, we’re here to stay.


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At peak- Solana: 3,200 TPS, $0.006 fees Base: 1/10 throughput, 500× the cost Ethereum: 1/100 throughput, 10,000× the cost There’s really only one viable chain for internet capital markets (yes that’s a log chart)

marygooneratne's tweet image. At peak-

Solana: 3,200 TPS, $0.006 fees
Base: 1/10 throughput, 500× the cost
Ethereum: 1/100 throughput, 10,000× the cost

There’s really only one viable chain for internet capital markets

(yes that’s a log chart)
marygooneratne's tweet image. At peak-

Solana: 3,200 TPS, $0.006 fees
Base: 1/10 throughput, 500× the cost
Ethereum: 1/100 throughput, 10,000× the cost

There’s really only one viable chain for internet capital markets

(yes that’s a log chart)

◢ รีโพสต์แล้ว

Yesterday, the market crash wiped out nearly $20B in leveraged long positions. During this time, Hylo protocol faced one of the biggest stress test any leverage platform has ever seen and proved its robustness. The Hylo engine is built for resilience and performed as intended…

hylo_so's tweet image. Yesterday, the market crash wiped out nearly $20B in leveraged long positions. During this time, Hylo protocol faced one of the biggest stress test any leverage platform has ever seen and proved its robustness.

The Hylo engine is built for resilience and performed as intended…

Good take

Lot of crypto folks asking me "What happened?"... It's probably time to dust off the Taleb book 'Antifragile'. The amount of Open Interest that has been taken off in one day is unreal. 15B -> 6B on hyperliquid alone, the real total number must be insane! People always want a…

gametheorizing's tweet image. Lot of crypto folks asking me "What happened?"...

It's probably time to dust off the Taleb book 'Antifragile'.

The amount of Open Interest that has been taken off in one day is unreal. 15B -> 6B on hyperliquid alone, the real total number must be insane!

People always want a…


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The fastest growing company in YC history is a̶n̶ ̶A̶I̶ ̶c̶o̶m̶p̶a̶n̶y̶ a Solana company

🚨JUST IN: Solana-based trading platform @AxiomExchange has surpassed $300M in cumulative revenue in just 263 days since launch, becoming the fastest in crypto to reach the milestone. It took 73 days to grow from $100M to $200M and only 63 days to reach $300M, showing…

SolanaFloor's tweet image. 🚨JUST IN: Solana-based trading platform @AxiomExchange has surpassed $300M in cumulative revenue in just 263 days since launch, becoming the fastest in crypto to reach the milestone.

It took 73 days to grow from $100M to $200M and only 63 days to reach $300M, showing…


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jito-solana worked as usual zee cache

segfaultdoctor's tweet image. jito-solana worked as usual

zee cache

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Users were protected on Project 0 during this market drawdown! - 100% Solvency - Our pricing system protecting LST & Stablecoin borrowers - Partial, low-fee liquidations, protecting the equity of those who were liquidated Here's the stats ↓

Project 0 is solvent & protected users during this crazy market drawdown with ~$100M in outstanding credit! Diving in: the @0dotxyz risk & liquidity engine is built on @marginfi, which is one of the most resilient, stress-tested DeFi protocols on Solana -- handling hundreds of…



$19B+ WORTH OF CRYPTO LIQUIDATIONS IN THE PAST 24 HOURS

joemccann's tweet image. $19B+ WORTH OF CRYPTO LIQUIDATIONS IN THE PAST 24 HOURS

The @coinbase premium versus @binance for spot $SOL was over 11% (1,100 basis points) during the crash. Usually, it's about 10-15 basis points. RIP the market maker that got bodied today.

joemccann's tweet image. The @coinbase premium versus @binance for spot $SOL was over 11% (1,100 basis points) during the crash.

Usually, it's about 10-15 basis points.

RIP the market maker that got bodied today.

BINANCE SAYS “DUE TO HEAVY MARKET ACTIVITY, OUR SYSTEMS ARE UNDER HIGH LOAD. SOME USERS MAY EXPERIENCE INTERMITTENT DELAYS OR DISPLAY ISSUES”


Over $8,000,000,000 has been liquidated from the crypto market in the past hour


$20 arb between @binance and @coinbase for $SOL...and it's been this way for 20 minutes. Gut tells me some market maker(s) got bodied.

joemccann's tweet image. $20 arb between @binance and @coinbase for $SOL...and it's been this way for 20 minutes.

Gut tells me some market maker(s) got bodied.

LIQUIDATIONS HIT $5 BILLION


Liquidation engines failing everywhere in crypto.


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