Markets are changing faster than the tools used to read them.
A decade ago, trading was a closed game. Order books lived inside exchanges. Position data lived inside brokers. Sentiment lived inside Bloomberg terminals and the private chat groups of people who could afford them. The edge was accessed, and access was gated.
That world is ending. Not because regulators forced it to end, but because a new generation of markets has been built on rails that are open by default. Hyperliquid exposes every perp position on a public chain. Polymarket settles every prediction trade on-chain in real time. Pump.fun watches every memecoin launch from inception. Even on centralized venues, funding rates, open interest, and liquidation data now stream publicly in near real time. The result is a market structure in which the data that used to cost millions of dollars to access is now sitting in plain sight, available to anyone who knows how to read it.
The problem is that almost no one knows how to read it.
