The $4B Silence: HyENA's Shutdown Exposes the Fatal Flaw of Rent-Seeking in Hyperliquid's USDC Era
Hook: The Data Shock Number one: $4 billion. That is the cumulative trading...
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Greed
Market Sentiment
92 million ARB released
Team and early investor shares released
Block reward reduced to 3.125 BTC
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Circulating supply increases by about 2%
Block reward halving event
Raises validator limit and account abstraction
Bitcoin Season
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