found something that'd be useful for you guys
found something that'd be useful for you guys
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found something that'd be useful for you guys
found something that'd be useful for you guys
20k lines of code
20k lines of code
and you base that off what? the fact that the number are small doesn't matter. what matters is that they could potentially be made more efficient, i.e., resulting in greater welfare. note that Citadel is lobbying SEC to lower tick sizes. your trading is a blip in the market, so it doesn't matter to you, but again, it does matter to meaningful players
and you base that off what? the fact that the number are small doesn't matter. what matters is that they could potentially be made more efficient, i.e., resulting in greater welfare. note that Citadel is lobbying SEC to lower tick sizes. your trading is a blip in the market, so it doesn't matter to you, but again, it does matter to meaningful players
I don't know why you're criticizng my research. I understand that this doesn't matter to you as a trader, probably holding positions (of a miserable size) for a long time, but it certainly matters to instutitional investors and hyperliquid itself
I don't know why you're criticizng my research. I understand that this doesn't matter to you as a trader, probably holding positions (of a miserable size) for a long time, but it certainly matters to instutitional investors and hyperliquid itself
there's some SEC research suggesting the same things that I do. It just takes time. Penny size rule is from 2005. Crypto is different & hyperliquid's formula wasn't decided on in 2005. So, it should be more efficient, and it doesn't seem to be, relying on the same arbitrary nonsense
there's some SEC research suggesting the same things that I do. It just takes time. Penny size rule is from 2005. Crypto is different & hyperliquid's formula wasn't decided on in 2005. So, it should be more efficient, and it doesn't seem to be, relying on the same arbitrary nonsense
i'm also researching the spread on other assets, might be too low in their case hope to get info from hyperliquid on their reasoning, as I don't want to embarass myself in the research paper, talking about how hyperliquid is inefficient and whatnot, losing however much money
i'm also researching the spread on other assets, might be too low in their case hope to get info from hyperliquid on their reasoning, as I don't want to embarass myself in the research paper, talking about how hyperliquid is inefficient and whatnot, losing however much money
yes
yes
this https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/tick-and-lot-size <@868083969537757215> that's it (just rephrase it) the spread is unjustifiable imo deadweight cost = deadweight loss just a difference in perspective cost emphasizes the burden on an entity
this https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/tick-and-lot-size <@868083969537757215> that's it (just rephrase it) the spread is unjustifiable imo deadweight cost = deadweight loss just a difference in perspective cost emphasizes the burden on an entity
I wrote a ticket about it (16392), hoping that they give me some resources. Like, maybe I'm wrong. They didn't pull this formula out of nowhere. But, maybe this was a technological decision, not an economic one, which is why the deadweight cost exists
I wrote a ticket about it (16392), hoping that they give me some resources. Like, maybe I'm wrong. They didn't pull this formula out of nowhere. But, maybe this was a technological decision, not an economic one, which is why the deadweight cost exists
besides research demonstrating this, also just intuitively the formula makes no sense. Like, I don't see any possible reasons why it is what it is, which is why I'm asking here to hope to understand their reasoning
besides research demonstrating this, also just intuitively the formula makes no sense. Like, I don't see any possible reasons why it is what it is, which is why I'm asking here to hope to understand their reasoning
causes deadweight cost on btc, as an example.
causes deadweight cost on btc, as an example.
would you guys please recommend me any resources where the design decisions behind hyperliquid are explained? for example, I'm pretty sure that the tick size formula is ass
would you guys please recommend me any resources where the design decisions behind hyperliquid are explained? for example, I'm pretty sure that the tick size formula is ass