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The article explains how Ethereum can leverage "builder codes" to create a new revenue model for app developers. By embedding these unique referral codes in transactions, developers can earn fees for the volume they generate on platforms like Hyperliquid and Polymarket. This system fosters innovation and revenue generation in the crypto space.
A prominent trader on Hyperliquid, who previously made headlines for a $150 million profit from shorting during a crypto crash, has opened another significant short position valued at over $160 million. Speculation connects this trader to Garrett Jin, the former CEO of BitForex, although these links remain unverified.