Exchange that blew up for $20m+ due to their faulty risk engine has the hubris to call out Hyperliquid for downtime. This will age well ☕

It's been an awesome experience working with @cemozer_ @prestonevans__ and the rest of the talented Sovereign team as one of their earliest collaborators. Feels like we are *at last* bringing web2 speed and customizability to blockchain applications. Congrats on the launch!

Out of the box, Sovereign SDK gives you: - P99 transaction executions under 10 ms -- keep market makers profitable and spreads tight - Over 4.5k TPS (end-to-end throughput, not theoretical) -- and frankly we just started optimizing - NO limits on compute, gas, or contract size -- build sophisticated market logic impossible elsewhere - Configurable delays -- instant cancels & oracle updates while throttling toxic flow - REST APIs (not just JSON-RPC!) -- auto-generated + custom endpoints for CEX-like interfaces - Real-time (across data center) sequencer replication -- soft-confirmations survive data center outages - Automatic sequencer failover -- recover from crashes and outages in a few hundred milliseconds - First-class monitoring -- logs and metrics via InfluxDB and Grafana - Rust-first design -- write real trading systems, plug in EVM/SVM for composability - Ethereum or Solana addresses + Privy integration today, and support for ALL Ethereum/Solana wallets very soon - Hyperlane bridging from any chain (validating bridges coming soon) - Zero vendor lock-in -- swap DA layers or zkVMs in minutes All on a permissionless stack you control. No RAAS handcuffs.

Signed up 2 days ago and did my first half marathon ✅ You can just do hard things.

Mainnet deposits finally working E2E for SPL tokens. The pieces are starting to come together 🧩

Back in SF for a minute, time to cook 🌉

Did you know that @bulletxyz_ claims they can do 5 milliseconds or less in execution time as basically an L2 rollup CLOB on Solana? Some other examples Solana itself ~ 400ms Hyperliquid ~ 200ms Monad ~ 1 second MegaETH ~ 10ms Pretty interesting if true

🚨 Livestream Incoming 🚨 We’re going live with @nickwh8te from @Celestia to talk CLOBs on blobs 🦣 and the future of on-chain trading. 🗓️ Thursday, July 17 🕗 8 AM SGT / 12 AM UTC

We are building faster, harder and better for all of our community members that await the best trading experience. Here’s a quick rundown at what we have delivered.

Two of the biggest apps in the world made big L1 decisions in the last week: @robinhood chose an L1 that supports the L2 model and will allow them to build what they want @phantom chose a fast, purpose-built L1 to support their perps trading Gotta be one or the other.