Multicoin invests $1.75M in Hyperliquid perps DEX Trasia
Multicoin takes its first position in the Hyperliquid ecosystem via a sole-investor check into Trasia, a perps DEX co-founded by ex-partner Mable Jiang targeting Asian traders.
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Multicoin takes its first position in the Hyperliquid ecosystem via a sole-investor check into Trasia, a perps DEX co-founded by ex-partner Mable Jiang targeting Asian traders.
A single address turned $951K of margin into a near-double on a 6-day SYN long, the kind of concentrated bet smart-money trackers follow for early reads on perpetual DEX positioning.
Hyperliquid's SPCX perps let traders price a private-market thesis with crypto leverage, and over $50M in liquidations shows the speculative capital is real even before any SEC filing exists.
The address 0x519c is sitting on a roughly $1.2M unrealized loss on a $SPCX perpetual long, with the token extending its slide in thin conditions.