Determind | founded @yieldstark | prev engineer @miracletrade |
New Beginning v2
Joined December 2022
- Tweets23.2K
- Following1.2K
- Followers2.3K
- Likes58.2K
mankind retweeted
It was an absolute pleasure chatting about my oil days, market microstructure, and a few of the fun things we're building at @MonacoTrading .
Thank you for the opportunity to reminisce and share some stories @ethanrkho !
Ex-Goldman Oil Derivatives Trader Simran Singh (@0xturbanurban) on the day oil went to -$37.63, why every trading strategy is momentum or mean reversion, & losing $3.12M in a single day.
Simran Singh (Goldman Sachs oil derivatives trader, on the desk when WTI went negative | GSR Head of DeFi Trading | Now CEO & co-founder of @MonacoTrading)
"You can't touch an interest rate curve, but you can smell a barrel of oil."
We cover:
- Pricing oil options at 300-400% vol the day WTI went negative
- How Goldman's oil desk monetizes client flow (80-85% was producers hedging)
- How producer hedges turned a market-risk problem into a credit problem in 2020
- Why market making is really a bet on mean reversion
- The perp funding trade: anyone can do it, very few can do it in size (15% carry even on the CME)
- "My size your price, or your size my price"
- Who's printing money right now: OTC hedging in power, compute & AI
- Why there's no venue to trade electricity, and how Monaco wants to fix that
Highlights:
00:00 Intro
00:58 The day oil went negative: April 2020
06:07 How Goldman oil traders monetize client flow
18:30 Every strategy is momentum or mean reversion
22:53 Goldman to GSR
28:26 The perp funding trade
34:48 Sell-side to buy-side
42:27 The AI complex & agentic trading
48:21 The Monaco Exchange thesis
53:13 Decentralizing futures listings
mankind retweeted
this has got to be one of the wildest weeks in all of tech to be honest
- tradexyz x nyse
- polymarket hack
- north korea binance hack
- stock market implosion
i can't wait for the weekend
mankind retweeted
In 2023, after news of the $4 billion fine, Gulf, our partner in Thailand, asked: “do you need help with cash liquidity?” We didn’t, but I appreciated the gesture.
Today: “know you can cover, but we are here if needed.”
Strong partners show in tough times. 🙏
Official Statement Regarding Recent News on Binance Security Incident
In light of recent news regarding a cybersecurity incident involving Binance, Gulf Binance Co., Ltd. would like to confirm that customer digital assets on Binance TH remain completely safe. The Cold Wallets of Binance TH are strictly segregated from those of Binance, as Binance TH operates as an independent legal entity with its own dedicated digital asset custody system.
As a proactive precautionary measure, we would like to inform you that digital asset deposits and withdrawals are temporarily suspended while our expert team conducts a thorough security check. All other services on the platform continue to operate as normal, and we will resume deposit and withdrawal operations as soon as the verification process is completed.
The security of our customers' digital assets remains our highest priority. We remain fully committed to maintaining strict security standards to ensure absolute confidence among all our clients.
We sincerely apologize for any inconvenience caused.
mankind retweeted
I’ve been working on Adnerx for a while now, and as we get closer to launch, I think it’s time to bring more people into the journey.
Looking for people who love building, take initiative, and are willing to grow with something long term.
If that sounds like you, let’s connect.
We’re looking for great people to build with us at Adnerx.
If you’re interested in being part of the journey, we’d love to hear from you.
forms.gle/3ok5NXgVQCZ57wiH9
mankind retweeted
Just like every other family of networks in our industry, the winning Decentralized Hyperscaler will win by building the best Compute Ecosystem.
They will economically incentivize other compute networks, infrastructure and systems
to develop on their protocol.
mankind retweeted
Looked into the raw transaction data provided.
Noticed that the receiver’s address was kinda hidden in plain sight even though the info the explorer gave did well to hide it.
All I had to to was;
- Go to the solana explorer version of the txn link;
explorer.solana.com/tx/2FC2W…
- Click on “inspect” to get a layout of the raw data
- Scroll down, locate then copy the “instruction data” (hex) and set it aside, the receiver wallet is embedded there.
- After a bit of trial and error involving the converting and filtering of the hex characters into every possible 32 byte chunk
A bit of manual filtering and grok helped speed up this process for me (2hrs +)
- Convert each possible variable into a Solana address, and check on Vanta’s explorer if any of them is on the project’s registry.
The real receiver will be among them, which led me to this as the receiver’s address:
Gjs4h2PfzJcN7vBe26YpqgV5PxucWcVFbQGbGj9s6CSq
The wallet has a sol balance of exactly 0.048664 SOL ($5) on devnet.
mankind retweeted
my partner on the @GenAI_Now hack, advised we go for animated illustrations for the demo video
what do you think? i think we cooked 👀
mankind retweeted
the moat is a founder with childhood trauma and a constant, debilitating fear of not achieving their potential.
mankind retweeted
gm ct
built Alea, an agent that checks a claim against multiple sources first.
the problem is sources disagree but tools still show one number.
Alea fixes that by refusing to average conflicts and remembering why.
built for the @GenAI_Now .
github: github.com/thereal-awetoby/a…
In case you missed it: the Open Agent Hackathon is live.
6 days. Fully online. $20K up for grabs.
Build with @nvidia , @spacexai , @cursor_ai , Bright Data, @Zetaris and Meterless.
Registration closes 22 Oct 👇
utm.genai.works/r/9znz2if
mankind retweeted
Don't know of others, but Prayer Helps Meh #1
Talking to Mum, my baby
Uhhh, being inside my car ( more like reliving my lil accomplishments )
Even going for a chill drive in the evenings on a none busy neighborhood
What else, oh yeah used to be a chronic gamer so gaming too ( played Frag Alot ) and then finally -
Hitting Flow helps ( this could be achieved by maybe coding something and it's working as you intended each step by step that feeling of progress , good dopamine and Yunno, ya just hit flow
