New Feature Embraces High-Risk Trading Culture
Decentralized exchange Aster has launched “Machi mode,” a feature that rewards traders for experiencing liquidations, highlighting the growing popularity of high-risk trading in the cryptocurrency sector. The update, scheduled to go live next week, aims to gamify the trading experience by awarding points each time a user gets liquidated.
Announcing the feature on social media, Aster acknowledged Machi Big Brother (Jeffrey Huang), a prominent high-risk trader, stating: “You get liquidation points for getting rekt. This one’s for you, king @machibigbrother.” Users have responded enthusiastically, with one noting, “Love the machi mode energy. Can’t wait to get rekt and earn points,” while others remarked on the unusual nature of celebrating liquidations.
Machi Big Brother Leads Liquidation Rankings
According to data from Lookonchain, Machi Big Brother has recorded 71 liquidations since November 1, significantly outpacing second-place James Wynn with 26 and Andrew Tate with 19. This trend reflects a broader crypto culture where high-risk trading is often treated as a badge of honor rather than a cautionary tale.
Historically, the Hyperliquid platform has also highlighted similar patterns. In September, the trader known as 0xa523 became the platform’s largest losing whale, posting over $40 million in losses within a month. High-risk traders like Wynn have gained notoriety for their aggressive strategies, often disappearing briefly from social media before returning with even larger positions.
Competitor Upgrades Highlight Market Innovation
Meanwhile, Hyperliquid has rolled out HIP-3 “growth mode,” allowing users to deploy new markets with significantly reduced taker fees. The upgrade drops fees from 0.045% to as low as 0.0045%–0.009% for new markets and can go further at higher staking and volume tiers. Growth mode operates permissionlessly, but each new market must be unique and cannot overlap with existing validator-run perpetuals, preventing exploitative volume practices. The feature remains locked for 30 days to ensure market stability.
Experts note that these trends indicate a shift toward more gamified and high-risk trading experiences in decentralized finance. By incentivizing behaviors traditionally viewed as losses, platforms like Aster are reshaping how traders engage with crypto markets.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.