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Just kidding, the market is down but Wintermute is still steadily putting money into their pocket
$HYPE slightly increasing Wintermute's portfolio, sipping more $10M sweet as can be.
Looking from the beginning of the year until now, it's been nearly two quarters, but the trend still favors perp DEXs. Hyperliquid is almost a top project in terms of revenue.
These kinds of market makers spotted the trend early, so they buy in at favorable entry points.
Perp DEXs are outperformed, guys 👀