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Timeless Finance

Timeless Finance

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Yield tokenization protocol

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Project Overview

Timeless is a yield tokenization protocol that offers Perpetual Yield Tokens (PYTs), giving their holders a perpetual right to claim the yield generated by the underlying principal. Additionally, Timeless offers Negative Yield Tokens (NYTs), providing a protocol-native way to short yield rates.

Event-related news

Bankless co-founder discloses entry costs for some portfolio tokens: NEAR ~$1.40, HYPE ~$45

Odaily Odaily News: Bankless co-founder David Hoffman responded to investors by disclosing his entry costs for four major tokens: NEAR, HYPE, ZEC, and LIT. Among them, the entry price for NEAR was approximately $1.40, HYPE around $45, ZEC about $560, and LIT approximately $1.35. According to previous reports, after liquidating his ETH holdings, the founder split the capital allocation, deploying 50% of the principal into VVV, NEAR, ZEC, and HYPE. The remaining 50% was kept for periodic dollar-cost averaging, with the subsequent funds fully used to purchase LIT.

Bankless co-founder sells all ETH to buy VVV, NEAR, ZEC, HYPE, and LIT

Bankless co-founder David Hoffman posted on platform X, stating that after selling his ETH, he immediately allocated approximately 50% of the capital to VVV, NEAR, ZEC, and HYPE, and used the remaining funds for dollar-cost averaging into projects that have not yet seen significant price increases (NEAR was priced at around $1.40 at the time). He added that the remaining 50% of the capital has completed its position building in LIT.

HYPE short positions suffer losses exceeding $36 million, whale Loracle closes short positions in BTC, LIT, TON, and VVV

According to Onchain Lens monitoring, whale Loracle has closed its short positions in BTC, LIT, TON, and VVV. The HYPE short position is still being closed, with a remaining 1.518 million HYPE short position, approximately $105 million, resulting in losses exceeding $36 million. Loracle has newly opened a 10x long position in ZEC, as well as 5x long positions in ASTER and TON, and its holdings are continuing to increase.

Whale Loracle has opened a new 3x short position on VVV, currently the only profitable position.

According to on-chain analyst Onchain Lens (@OnchainLens), Loracle (@loraclexyz) has opened a new 3x short position on VVV, which is currently its only profitable position. It also holds long positions in HYPE, BTC, LIT, XYZ100, and TSLA, as well as a smaller short position in TON, with a total value of approximately $141 million and unrealized losses exceeding $30 million.

A whale withdrew 3.79 million LIT (worth $3.55 million) from OKX and Bybit and deposited them into the Lighter Vault

According to Onchain Lens monitoring, a whale withdrew 3.79 million LIT (worth $3.55 million) from OKX and Bybit and deposited them into the Lighter Vault.

A certain account shorted 28 altcoins and CL crude oil, with total profits of $86.36 million but currently facing an unrealized loss of $4.06 million

according to on-chain analyst Ai Yi's monitoring, an account that shorted a basket of altcoins has realized total profits of $86.36 million. Currently, its 29 short positions face a floating loss of $4.06 million. The shorts include 28 altcoins such as ZEC, TON, NEAR, and LIT, as well as CL crude oil, with a total position value of $47.66 million, and the account is still increasing its positions.

Related news

Bankless co-founder discloses entry costs for some portfolio tokens: NEAR ~$1.40, HYPE ~$45

Odaily Odaily News: Bankless co-founder David Hoffman responded to investors by disclosing his entry costs for four major tokens: NEAR, HYPE, ZEC, and LIT. Among them, the entry price for NEAR was approximately $1.40, HYPE around $45, ZEC about $560, and LIT approximately $1.35. According to previous reports, after liquidating his ETH holdings, the founder split the capital allocation, deploying 50% of the principal into VVV, NEAR, ZEC, and HYPE. The remaining 50% was kept for periodic dollar-cost averaging, with the subsequent funds fully used to purchase LIT.

Bankless co-founder sells all ETH to buy VVV, NEAR, ZEC, HYPE, and LIT

Bankless co-founder David Hoffman posted on platform X, stating that after selling his ETH, he immediately allocated approximately 50% of the capital to VVV, NEAR, ZEC, and HYPE, and used the remaining funds for dollar-cost averaging into projects that have not yet seen significant price increases (NEAR was priced at around $1.40 at the time). He added that the remaining 50% of the capital has completed its position building in LIT.

HYPE short positions suffer losses exceeding $36 million, whale Loracle closes short positions in BTC, LIT, TON, and VVV

According to Onchain Lens monitoring, whale Loracle has closed its short positions in BTC, LIT, TON, and VVV. The HYPE short position is still being closed, with a remaining 1.518 million HYPE short position, approximately $105 million, resulting in losses exceeding $36 million. Loracle has newly opened a 10x long position in ZEC, as well as 5x long positions in ASTER and TON, and its holdings are continuing to increase.

Whale Loracle has opened a new 3x short position on VVV, currently the only profitable position.

According to on-chain analyst Onchain Lens (@OnchainLens), Loracle (@loraclexyz) has opened a new 3x short position on VVV, which is currently its only profitable position. It also holds long positions in HYPE, BTC, LIT, XYZ100, and TSLA, as well as a smaller short position in TON, with a total value of approximately $141 million and unrealized losses exceeding $30 million.

Unrealized Loss Exceeds $30 Million, Loracle Holds $141 Million Position and Opens 3x VVV Short

According to Onchain Lens monitoring, Loracle (0x8de...dae) has opened a new 3x VVV short position, which is currently its only profitable position. It currently holds positions in HYPE, BTC, LIT, XYZ100, and TSLA, along with a very small TON short position. The total value of these positions is $141 million, with unrealized losses exceeding $30 million.

Loracle.hl starts building a long position on LIT, achieving a 236x profit in 4 months

According to Onchain Lens monitoring, Whale Loracle.hl (0x8de...dae) has started building a long position on LIT with 3x leverage, currently valued at approximately $1 million, with the position still increasing. Additionally, it still holds a short position on HYPE with 5x leverage, with floating losses exceeding $7 million.