Easter Monday: Iran Deadline, DeFi Heist, and the Hyperliquid Case for Revenue | Ep 485
Good now revolutionaries—
Happy Easter Monday. The markets are waiting on Trump's Tuesday 8pm ET deadline to Iran — open the Strait of Hormuz or face strikes on bridges and power plants. Will Watson is watching the UConn national championship game tonight, so Doug is running market watch. But before he heads out, Will drops breaking news live on air: Iran officially rejected the U.S. ceasefire proposal and threatened to close the Strait of Bab al-Mandab, through which 25 million barrels of oil pass daily. Markets on hold until Wednesday.
The main story of the episode is the Drift Protocol…
The skinny
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