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We were there day one of @tradexyz. We traded it that first week and have not stopped since. Texas Hedge Epoch 2 ran NVDA vs QQQ, the SPCX pre-IPO listing trade and DRAM on xyz and settled +31.7% net. Hot7 runs its US equity delta on xyz perps against an SPX hedge. Texas Epoch 4 is building the Anthropic listing trade on xyz:ANT right now. All of it sits on the same collateral as our BTC and HYPE book, which is the cross-margin point in the post, live for a fund today. We have run the first multi-strategy hedge fund on Hyperliquid since before the HYPE TGE on one thesis: it is the house of all finance. Today the owner of the NYSE agreed, subject to approvals. Congrats @sershokunin and the xyz team.

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