Wintermute CEO Breaks Down the Largest Liquidation in Crypto History
@wintermute_t Founder and CEO @EvgenyGaevoy joins @lawmaster and @NamikMuduroglu to analyze how over $19 billion evaporated in a single day 🧐
Summary
00:00 Introduction
00:45 What Happened?
04:46 Understanding ADL
12:25 Hyperliquid's Transparency and Privacy
16:35 Circuit Breakers
19:16 Occam's Razor
21:25 Assessing Losses
25:24 Lessons Learned
28:39 Looking Ahead
30:21 A Maturing Market
32:13 Navigating Extreme Volatility
35:19 Implications for DeFi
37:28 Wintermute as a Crypto Villain
41:47 What Else Did Wintermute Do?
44:11 Conclusion