PERSON DIRECTORY
Jason Yanowitz
Host of Empire. Jason Yanowitz appears in 33 indexed conversations across Empire, 1000x. This directory brings every appearance, source, TL;DR, digest, and transcript into one searchable feed.
Hyperliquid Just Had It's Breakout Moment
Jason YanowitzSantiago Roel Santos
Hyperliquid’s SpaceX pre-IPO market has become a mainstream price oracle, with SpaceX around $2.1T versus indicated pricing of $1.5–1.75T and hedge funds using it to handicap the open.HYPE’s roughly $700M revenue and HIP-3’s 45% non-crypto volume support a differentiated growth case, but at roughly 60x run-rate earnings it is “fully valued”; CFTC regulation and the SpaceX IPO remain key tests.
Big Tech Earnings, DeFi United and Pump Fun’s Token Burn
Jason YanowitzSantiago Roel Santos
Crypto trading is contracting even as stablecoins dominate earnings calls, with Robinhood volumes down 40% and Hyperliquid perp volume down 30%.Yano’s deal flow shows fintechs quietly moving infrastructure to stablecoins, while Visa’s related card volume rose 200% YoY across 160 programs.Value capture remains contested: Santi says Tempo has little flow, and Pump Fun’s $370M burn failed to lift its token.
Is the Cycle Over, Portfolio Psychology, & Prediction Market Alpha
Jason YanowitzAvi FelmanJonah Van Bourg
Crypto’s cycle debate turns bullish as ETF buyers dilute four-year-cycle reflexes, while OG and 2017-era holders sell into demand that is still absorbing supply.Avi frames volatility-driven Bitcoin weakness as an opportunity and favors fee-generating infrastructure, while prediction-market pricing and year-end tax-loss flows offer catalysts with execution risk.