I want to address something with the community. I’ve seen some members attacking other privacy solutions, including Houdini, and I want to be clear that this is not the direction we should be moving in. Building traction and bringing attention to what we’re doing does not come from tearing others down. It comes from continuing to build, continuing to execute, and continuing to let our technology speak for itself. I understand that some of you were personally affected by what happened over there, and I completely understand the frustration that comes with that. This message is not meant to muzzle anyone or tell people how they should feel. But moving forward, I would rather see our community focused on talking about our technology, our progress, and what we are building here. We know what we’ve built is something special. We know the value of our technology, and we know where we are headed. As privacy continues gaining attention and eventually reaches broader adoption, there will be many more privacy focused solutions entering the market. That is a good thing for the entire privacy sector. More awareness and more adoption ultimately benefit everyone pushing privacy forward. Let’s stay focused on building, innovating, and leading by example.

SpaceX pre-IPO is live on Hyperliquid. There are two markets • $SPCX by tradexyz • $SPACEX by ventuals One trades near fair value while the other carries a 1,400bp basis premium with a C health score. If SpaceX IPOs at the implied valuation, this is the largest IPO in history. We surface both on our Hyperliquid dashboard.