Forge 🐍

There’s over 40M USD in USD stablecoin pairs across Cardano DEXs (ex: USDM/USDCx) The average APR on these pairs is less than 0.5%… Supplying USD to Strike vault is paying out 44x more at 22% APR 🤯🟢

We want to thank the @jpgstoreNFT team for their contributions to the Cardano ecosystem. While SpaceBudz enjoyed their own marketplace, for most other projects with JPG store, the times of “hopefully the seller will send the NFT” were finally over. As we enter this next chapter, here is a friendly reminder about our partnership with WayUp. Spacebudz holders still enjoy 0% trading fees on all their NFTs, not only SpaceBudz themselves.

🚨 2 NEW LISTINGS 🚨 We’re excited to announce oil and silver are now live with up to 20x leverage 🔥 Link: 🕹️ app.strikefinance.org/perpetuals/oil

We launched this almost 2 weeks ago and deposits are still rolling in. 100% downside protection and the vault has been paying out way higher at 25% APR. Accepts USDC on Ethereum and USDM on Cardano. Still open for another 2.5 months.

🚨NOW: Robinhood lists $ZEC today and it now has the 2nd highest trading volume on Strike 🤯

Cardano is Polkadot’ing hard lately. The fact that we are giving out another 300m+ $ADA at bear market lows to many devs that will sell the $ADA for stablecoins on Ethereum is a joke. We don’t even have the stablecoin depth to keep the liquidity flowing in our ecosystem. 1) Give out more $ADA grants 2) Grants lead to sell pressure of that $ADA 3) Swap that $ADA for stables on Ethereum 4) Rinse and repeat the next year We were told the gov proposals of 2025 and 2024 were the magic bullets Cardano needed, yet the last 24 hours of dex volume in our ecosystem barely touched $700,000 USD. The system needs to be fixed, otherwise we will struggle to maintain $0.30c the next time $BTC rallies to $100k and more and more people will leave. I am very passionate about Cardano, which is why I share this. $ADA will continue to bleed until changes are made. I agree that we need to spend and fund our talented devs to grow, it is necessary long-term and there are many great devs in Cardano that deserve funding, but an NCL of 350m $ADA at bear market lows when our yearly chain revenue is 700x smaller than that is simply insane. dReps, your move.

We got another one coming up soon. Strike right now is the most comprehensive trading platform on Cardano, it will soon become the most comprehensive trading platform in all of Crypto.

Welcome to the commodities era on Cardano. Strike just launched GOLD (XAU) perps with up to 20x leverage. And they’re using @StorkOracle for live DeFi price feeds so traders can get onchain exposure with real-time data. x.com/strikeperps/st…

.@blockfrost_io added a premium storage tier for @Cardano developers backed by Filecoin. Distributed across independent providers, verifiable, with no infrastructure overhead. For data-driven apps on Cardano, that's a reliability upgrade with no workflow changes required.

$snekbuyburn is working overtime making $snek more scarce every passing day.

Today at Strike we listed gold with up to 20x leverage. Here’s a few reasons this is huge for Cardano: - Expands the Cardano trading market massively by bringing in a $13 trillion global asset - Positions Cardano as a real multi asset financial market rather than just a crypto ecosystem - Attracts a new class of traders who care about macro exposure and hedging - Keeps capital inside Cardano by giving users a place to rotate during volatility - Unlocks a consistent volume engine since gold is one of the most actively traded assets in the world We’re just getting started. Higher @strikeperps

Gold perps are now live. We’ve unleashed about 5% of V2’s potential so far. Back to work 🚢🚢

Welcome to the commodities era. We're excited to announce GOLD (XAU) is now live with up to 20x leverage. Link: 🟡 app.strikefinance.org/perpetuals/gold

Perps volume across Cardano is up 63.5%. $935k in the last 24 hours and $13.23 million in the last 7 days.

JUST IN: Strike Finance lists $NIGHT v2 perpetuals with up to 10x leverage, further enhancing cross-chain volume and liquidity for Midnight and Cardano.

Another big week for us last week. We wrote this medium article to make it easier for you (and us) to keep track of everything. Strike liquidity program, +70M ADA volume, new listings & features, all time highs & more. Thanks for supporting 🫡 Link: 🕹️ @strikecardano/strike-performance-update-april-20th-f24e6a72e1b6?postPublishedType=repub" target="_blank" rel="nofollow noopener">medium.com/@strikecardano…

We’re excited to announce the launch of @perpsonsolana 🔥 We’re working with some talented people from Solana to bring this to life Becoming the go-to perps hub on Solana means massive distribution for Strike Never stop cooking

After nearly two months of having $USDCx on Cardano, here is the DEX liquidity on the $USDCx/$ADA pair. Ofc there is a lot more on the $NIGHT pair, but let's look at $ADA numbers. This to me is unacceptable as an ecosystem, but there is a simple fix. Users are much more inclined to mint and deploy stables if there are appropriate incentives to do so. If someone wants to bring $100,000 on-chain by minting $USDCx and deploying it to a DEX, we could give them a 5% yearly yield boost. Now a user sees a real incentive to mint and deploy $USDCx on Cardano, while our dex liquidity will increase quickly. That means it would cost us just $5,000 per $100,000 of stable liq coming to the chain. A governance proposal of $5 million USD could be used as incentives to on-board up to $100 million USD in $USDCx. These are the only governance proposals that make sense right now. Ones that cost little amounts of $ADA, but ones that also directly boost on-chain metrics.

Something new in 24 hours… 👀

$SNEK is the most bought CNT by whales in the past 7 days🔥