Hougan invests by pairing a macro bet on the growth of stable‑coins and tokenisation with a micro bet that Solana will capture an expanding slice of that market. The combination multiplies upside while limiting downside, a pattern he repeats across his portfolio.
Lighter believes the next frontier is a true convergence where decentralized exchanges can match or exceed the performance of centralized venues, forcing both to vie for the same pool of traders. The legacy dominance of centralized rails still limits DeFi's impact, and recent crises have shown that traders still gravitate toward familiar centralized platforms.
Within a few months Hyperliquid captured the lion's share of on-chain trading volume, amassed a multi-billion-dollar fee run-rate and began siphoning volume from the biggest centralized exchanges, all without any venture-capital backing.
The panel discusses on-chain "hype" vehicles that trade at premium to NAV, their similarity to GBTC, and the risks they pose for market stability.
A three-pillared daily bias--market structure, liquidity draw, and price-direction (PD) race--guides trade selection. Aligning higher-time-frame bias with lower-time-frame order flow filters out noise and improves win rates.
Retail traders often assume a single hidden algorithm is steering price action because support levels get swept like clockwork. Nang explains that the observed regularities are emergent from many large participants acting under similar incentives, not a monolithic controller.
Nang clarifies why retail traders are largely invisible to the market, how institutions profit from order-flow, and why the rise of meme stocks changed the dynamics slightly.
India’s beauty and personal‑care market is now over ₹21 bn, with hair care, skincare, makeup and fragrance each carving out distinct growth trajectories. Understanding the split between mass, premium and prestige is crucial for founders deciding where to position their brand.
Discussion on the collapsing valuations of layer 1 blockchains, examining whether this reflects a permanent shift in market structure or temporary bear market conditions.