# Hyperliquid And SpaceX Synthetic Trading | The Brainstorm EP 132 Page: https://stenobird.com/podcast/fyi-for-your-innovation-857719/hyperliquid-and-spacex-synthetic-trading-the-brainstorm-ep-132 Text version: https://stenobird.com/podcast/fyi-for-your-innovation-857719/hyperliquid-and-spacex-synthetic-trading-the-brainstorm-ep-132.md Podcast: [FYI - For Your Innovation](https://stenobird.com/podcast/fyi-for-your-innovation-857719) Published: 2026-05-20T20:00:00+00:00 Episode link: https://podcast.show/fyi_podcast/episode/153896729/ Audio file: https://media.blubrry.com/fyi_podcast/content.blubrry.com/fyi_podcast/ARK_Invest_The_Brainstorm_Ep_132_Audio.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/fyi-for-your-innovation-857719/episodes/hyperliquid-and-spacex-synthetic-trading-the-brainstorm-ep-132 Duration seconds: 1126 ## Resource Hyperliquid is revolutionizing global markets with its innovative blockchain, facilitating $3 trillion in annual volume and rivaling giants like Binance. In this episode, Lorenzo Valente reveals how hyperliquid's cutting-edge technology and products like perpetual futures are democratizing access to private markets and reshaping the future of trading. Key Points From This Episode: The secret sauce behind hyperliquid's rapid growth despite a bear market, including their purpose-built blockchain and low-latency infrastructure. The role of oracle prices in creating synthetic markets for assets with no public data, and the fascinating case of SpaceX's synthetic trading leading up to its Initial Public Offering (IPO). How perpetual futures on SpaceX, Cerebris, and commodities are democratizing access to private markets before they go public. If you know ARK, you know we focus on long-term innovation. But that doesn’t mean we ignore breaking news. Every day, we debate the latest developments in tech and markets. Now, we’re bringing those conversations to you in “The Brainstorm,” a co-production from ARK, WOLF, and Public. Tune in weekly for our quick takes on what’s shaping innovation right now. Learn more about WOLF: https://wolf.financial Learn more about Public: https://public.com/ Disclosure: http://arkinv.st/39rzF94 ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/fyi-for-your-innovation-857719/episodes/hyperliquid-and-spacex-synthetic-trading-the-brainstorm-ep-132/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/fyi-for-your-innovation-857719/hyperliquid-and-spacex-synthetic-trading-the-brainstorm-ep-132.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.