former crypto mm here — a lot of edge is derived from these terms.
a few examples of “special terms” you might see offered to high-volume MMs depending on their activity level and what tier the exchange is:
- 24h no-liq clause: regardless of how offsides your position is,
Why is nobody talking about the fact that clearly, Binance had special non ADL deals with certain counterparties and is clearly violating the fact they're supposed to be a neutral entity?
What other preferential treatment do they give to insiders? Info on users? Special APIs?
coinbase built an $85b+ business in an industry that was condemned to fail, amongst a peer group of criminals, starting in 2012 when “crypto” wasn’t even a word that people understood.
you don’t have to love everything they do, but it’s hard to deny they played a major role in
Congrats to Cobie for his sale and cash out
However can we stop pretending we like @coinbase
They literally make ads complaining about TradFi while they
1) Charge you more for orders than most banks
2) Have a terrible KYC system
3) Have borderline unusable product
4) Have not
fundamentally disagree with the rhetoric of:
“2 years to hyper gamble to escape the permanent underclass”
discipline has never been more important.
the rush to get rich quick will work 1 out of every 100 times. naturally you will see the winners because of selection bias.
nah bro dw i really appreciate you sending that ca. it’s totally cool. im only down like -80%. that’s the game right, shots on net. it was only like my 3rd biggest bag. totally cool ill just make it back next trade. you said it was a degen play haha.
1/ We’re excited to announce Inversion’s seed round, led by @dragonfly_xyz with support from some of the best minds in crypto.
Thank you @HadickM, @hosseeb, and @TheOneandOmsy for believing in our mission.
ive started attending local crypto meetups when i travel.
not with people that work in crypto.
ive been attending cardano, xrp and hex meetups.
im curious about how many of these people exist, what they do and why they love their coins.
they are the silent majority.
I go not
anagram intern alums have:
- built and sold a business for mid-8 figures
- founded an HFT firm that is profitable and growing
- landed jobs at Jump, CB, IMC and Virtu
we do not have a formal internship program
but if you're around nyc and want to hack with the team my dms are
well, the day has come.
as much as I love the idea of @anagramxyz persisting as a black box that intentionally builds great companies and backs fantastic founders in the shadows..
we are hiring a head of marketing
pros: you get to market cool things
cons: the extent of our
my girlfriend: can you pls not look at your phone when we hangout.
me *internally*: i am trading the most volatile asset class in the world with criminal amounts of leverage. the fear within me is beyond anything your soul can make. you cannot kill me in a way that matters.
me