TLDR
- Aster has announced a new feature called Machi Mode that rewards users for getting liquidated.
- The update is inspired by Jeffrey Huang who is known online as Machi Big Brother.
- Traders will receive liquidation points when their positions are rekt on the Aster platform.
- Lookonchain data shows Machi Big Brother has recorded 71 liquidations since November 1.
- Users on X reacted positively to the announcement and embraced the high-risk trading culture.
Aster will soon launch “Machi Mode,” a new feature that rewards liquidation with points. The decentralized exchange confirmed the update will go live next week. This initiative directly references high-risk trader Jeffrey Huang, known online as Machi Big Brother.
Aster Pushes Liquidation-Based Reward System
The platform announced “Machi Mode” through a post on X on Wednesday. Aster wrote, “You get liquidation points for getting rekt,” tagging @machibigbrother directly. The update targets crypto’s high-risk trading culture by turning losses into incentives.
Machi Big Brother has gained attention for frequent liquidations. Data from Lookonchain shows he has 71 recorded since November 1. This number places him above traders James Wynn and Andrew Tate.
Some users on X welcomed the update with humor. One wrote, “Love the machi mode energy cant wait to get rekt and earn points.” Another commented, “Only in crypto do liquidations become a feature.”
Jeffrey Huang Leads Liquidation Rankings
Jeffrey Huang, also known as Machi Big Brother, has become associated with high-risk losses. The Taiwanese-American investor has embraced his record of liquidations. His online presence often reflects this risky strategy.
As of this week, Huang has led liquidation rankings with 71 total events since the start of the month. James Wynn follows in second place with 26. Andrew Tate sits in third with 19.
These rankings are tracked closely within trading communities. High-risk trades have become a badge of recognition among certain groups. Traders often share their liquidation history publicly.
Wynn once updated his X bio to simply state “broke” before briefly deactivating his account. He returned days later with new positions. Wynn had also held the top spot for losses earlier this year.
Hyperliquid Unveils HIP-3 ‘Growth Mode’ Upgrade
Competitor exchange Hyperliquid launched a significant update on Wednesday. The HIP-3 “growth mode” allows anyone to deploy new markets without permission. It also introduces deeply reduced taker fees.
New markets can activate the mode per asset. Fees drop from 0.045% to as low as 0.0045%. With higher staking and volume, fees may fall to 0.00144%.
Deployers must ensure the asset is unique and does not overlap existing markets. This avoids parasitic volume within the system. Once active, growth mode locks for 30 days.
This structure aims to prevent fee manipulation. It supports market stability and lowers entry barriers. Developers can now launch new markets more freely.
Aster and Hyperliquid continue to expand their feature sets for active traders. Both platforms aim to engage risk-driven communities. Aster’s new mode will be available next week.
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