**MFQwFQ**

Liquidity crunch is real.
We are too dependent on middle east capital.
U.S capital funding is "Trump-ized".
For builders in Web3/AI: this isn't just macro noise. It's a signal to:
1/ Reduce concentration risk
2/ Preserve runway under stress
3/ Accept strategic capital, limit regulatory exposure

I believe AI token usage cost will go down a lot or become free.
The current building cost for frontier models is too high. Traditional funding will not be efficent.
Web4's ability to distrbute computing power, democratize funding & tokenization will a big trend.
Centralized AI requires users to hand over their data to one company, creating a single point of failure and privacy risk. We don't need that.
Our permissionless models will change how AI will shift.
Agree?

How the Gulf conflict recast risks for Asian investors in Dubai (Via @SCMPNews)
1/ “Most critically, digital infrastructure such as data centres and cloud services has been directly targeted, threatening service continuity,” said Anndy Lian

1/ The crypto market gained 1.18% to $2.44T as Bitcoin held above $70K and the Fear & Greed Index stayed neutral at 45, enabling confident capital rotation into broader assets.
2/ Bitcoin's stability above $70K despite ETF outflows demonstrates underlying strength, letting traders explore altcoin opportunities without fearing a Bitcoin-led market collapse.
3/ Speculative capital drove explosive altcoin moves with AGT rising 94.5% and RAVE jumping 235.4%, while crypto kept a 92% correlation with the Nasdaq-100 ETF Q.
4/ U.S. equities extended gains April 10, 2026, as the S&P 500 closed at 6,824

1/ Major stock indexes ended mixed on April 7, 2026. The S&P 500 gained 0.08% to 6,616.85, marking five straight days of gains. The Nasdaq rose 0.10% to 22,017.85. The Dow slipped 0.18% to 46,584.46, weighed down by Walmart's 3.39% drop despite UnitedHealth's 9.37% surge.
2/ A two-week US-Iran ceasefire agreement drove market volatility. President Trump's suspension of bombing aimed to enable negotiations and reopen the Strait of Hormuz. WTI crude fell 4% to just above $108/barrel. Gold rose more than 1% above $4,700/ounce. The 10-year Treasury yield eased to 4.30% as safe-haven demand persist

"Hyperliquid is a centralized exchange." I disagree with this statement.
Yes, they are self-custodial, self-funded/independent, and fully transparent.
They are "not truly decentralized" is a fairer statement.
Why?
- Control over validators' governance
- A small set of validators makes it easier to control
- Foundation controls more than half of the validators
- The execution layer is open source, but the closed source for the core
E.g: The JELLY incident involved a clear emergency intervention by Hyperliquid's validators, and it highlights real centralization trade-offs, even though the tea