Did we get lucky with an airdrop? Yes. Did we hold millions through an airdrop that rewarded billions and faced tons of FUD? Yes. Lucky but with conviction, big balls and the right thesis.
santy smith
santy smithAug 31, 2025
I actually agree being a hype whale doesn’t mean your a macro guru But I farmed perp dexes since being one of the largest dydx airdrop recipient from 2020-2021 I also wrote (never published) about options and perp dexs for messari community analyst program back in ‘21 (editor was Ryan Watkins) I absolutely believed in the hyperliquid thesis after working on various facets of otc and equities trading in trad-fi and grokking perpetual futures as an innovation So after literally years of trading with the thesis of acquiring equity in a perp dex I finally found hyperliquid and became platinum hype points tier (with a graveyard of failed tokens as well) Then you had to believe in the 800$ per point thesis and weather storms from oracle slips, NK fud, etc. and hold through large swings And now, well life is really good, to say the least. So, no, I don’t think it gives me an edge in the orderbooks. There is a lot of good traders and PMs and VCs, and a slew of other wealthy HODLrs and meme coin guys. Not all of them are trading gurus and still have done well. But in the end, the only level that matters in crypto is the scoreboard (portfolio) and as the adage goes: “if you’re so fucking smart than why aren’t you rich?” May have some truth to it
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