hSOL Epoch: Capital Preserved. 📊 ~Flat return on the epoch | 16.5% cumulative since inception ◼ The market didn't give signals. So we didn't invent them. ◼ Sized down. Tightened stops. Minimal exposure. ◼ Win rate took a hit. Drawdown didn't. That's the distinction that matters. SOL -30%+ from highs. hSOL: ~flat. -------- Epoch Commentary: --> SOL dumped to $69. The leveraged crowd on Hyperliquid got incinerated. Counterparties liquidated. The table is empty — the gamblers are in the casino basement making a very unpleasant phone call home. --> We don't gamble. We provide liquidity to those who do. Right now those people don't exist. -------- hSOL Status: Capital returned for the epoch. No new epoch date yet. 1️⃣ We are actively monitoring the @DriftProtocol fallout to see what capital remains on-chain. 2️⃣ SOL options live on @DeriveXYZ — spreads too wide to play without a massive signal. We're watching. Not forcing. But when fresh leverage shows up with no memory of the $69 flush — and it always does — we'll be the ones sitting at the table waiting ✅