89% directional accuracy sounds impressive until you factor in Discovery Bounds — Trade[XYZ] caps how far weekend prices can deviate from Friday's close on Hyperliquid, so predicting up/down within a constrained range isn't exactly alpha. The 57% absorption stat is the meatier number because it measures magnitude, not just direction, and it maps neatly to Kazmierczak's oracle weighting framework where onchain weekend discovery currently sits around 10% relevance. At $8.6B daily tradfi perp volume in March vs CME's equity futures book, these are still toy markets — the real test is whether that 89% holds when institutional size shows up and starts front-running the bounds.

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