MikeX

🚨 *IRAN DOES NOT ACCEPT CEASEFIRE, SAYS US TALKS ILLOGICAL: FARS

u know when a trade starts off as a little scalp but it instead of stopping out it as the trade goes against you, you just keep doubling down and martingaling until suddenly you're 10x levered and down -30% of your book? that's trump rn with the strait of hormuz

その気持ちはよくわかる

@evfiend Would love to join!

we boutta print millions and farm the next hl

We are announcing the Lighter Infrastructure Token (LIT)! Lighter is building infrastructure for the future of finance and the native token is key to aligning incentives. In this thread, we will describe the structure of the token, broader vision, and roadmap of use cases.

🚨 Lighter AMA Recap 🚨 I listened closely to the latest AMA with @vnovakovski and this one went deep, covering TOKENOMICS product, tokenomics, regulation, UX, and the long-term vision. Here’s a clean breakdown of the most important takeaways and why they matter. Summary: @Lighter_xyz is positioning itself as the onchain market layer where DeFi, TradFi, and real users actually converge. 1⃣ Verifiable execution by design -Order matching, liquidations, and state transitions are enforced by ZK circuits -No unfair sequencing, no hidden execution risk -Trust is replaced by cryptographic guarantees 2⃣ Composability over rebuilding DeFi -Lighter composes with Ethereum instead of recreating DeFi -ETH, stablecoins, and DeFi collateral from Aave or Morpho can be used -Capital efficiency improves without fragmenting liquidity 3⃣ Why the L2 exists -Built for extreme performance use cases like perps, spot, options, and new asset classes -Everything that does not need high TPS can remain on Ethereum -Lighter is an execution layer, not a walled ecosystem 4⃣ A business model that already works -Retail trades with zero fees permanently -Market makers and HFTs pay tiered fees based on latency -Fees have been live since October and exceeded expectations -Volume did not drop after fees were introduced 5⃣ Mobile is a core strategy -Native mobile app built by the core team, not a wrapper -Two modes 1. Pro mode for active traders 2. Light mode for onboarding new users -Goal is seamless on-ramp, off-ramp, and fast first trade 6⃣ TradFi and regulation as an opportunity -Active conversations with regulators, exchanges, hedge funds, and Robinhood -Focus on verifiability, ZK, and sensible standards -The discussion has shifted from rejection to design -Tokenized stocks are an early bridge 7⃣ Tokenomics, alignment, and TGE -50% of total supply allocated to the community -A substantial portion reserved for Seasons 1 and 2 -No dual structure where equity captures value and the token does not -The token is the primary vehicle for value accrual and ecosystem expansion -The TGE is tied to product readiness, not an arbitrary date 8⃣ Points, sybil filtering, and fairness -Points are designed for long-term alignment, not empty farming -Sybil activity was filtered using data science and clustering -Appeals process is live and transparent -Goal is to turn real traders into long-term stakeholders 9⃣ Beyond crypto markets -Perps already extend into FX and equities -Long-term vision includes rates, commodities, and treasuries -Expect more volume to move from CeFi to DeFi -Derivatives become the bridge for global markets moving onchain 🔟 The big picture -Product quality comes before incentives -UX, verifiability, and composability drive adoption -Revenue is real, alignment is structural, and the market is massive Bullish. 🚀

Think you can beat this on @TradingView? tradingview.com/my-space-missi…

I'm Grid Architect from Technoid Orbit. Check yours on @TradingView tradingview.com/my-space-missi…

Assets added to the roadmap today: Lighter (LIGHTER) coinbase.com/blog/increasin…

Lots of people misunderstanding the Jupiter-Kamino fights and portraying in incorrect ways. I'll explain the crux of both issues. 1. The false advertising of Jupiter. When you go to a bank, you give your stocks or land documents as collateral and borrow against it. Nobody can borrow or use these stocks that you deposited. This is risk isolation, where your collateral is guaranteed to be safe and untouched. Now coming to the issue, there are two ways to implement borrow-lend. First is pools, like most crypto protocols including Aave, Kamino or any of the other ones. The concept is simple. You have allowed collaterals and allowed deposits. Users can deposit the assets qualified as collateral and borrow the assets that are allowed to be borrowable against that collateral. The ways to manage risk here are keeping different risk profile assets in different markets that are isolated. But this fragments liquidity. So you have vaults on top that takes in depositor assets separately and supply to these markets to ensure there's sufficient liquidity for borrowers keeping the rates in line. The second implementation is that of loopscale which is like a bank, where funds are collected from depositors in genesis vaults looking for yield. Then these vaults/bank lends them against varied forms of collateral put up by the borrowers. Risk here is truly isolated for the borrowers. Their collateral is not rehypothecated. The risk exists for vault depositors. There is also a second option where lenders can directly lend to specific pairs, in which case they know exactly where their deposits are going and against which collateral. I love this option tbh, but very few users in crypto actually understand and can manage risk. Now the main issue here is that Jupiter works like the first, but advertised like the second. Risk is not isolated like that of loopscale, but advertised so. Can a user not decipher it considering there is yield on the collateral they supplied? They can, but most users are dumb by default and it is the job of the protocol to not advertise falsely claiming risk superiority when it is clearly not. If done in a trad world, this is a major regulatory action, but in crypto, again brushed off as nothing because not many even understand except the labels which are printed out, "low risk". 2. Blocking of refinancing option by Kamino I'd say this is a business decision by Kamino to not make it easy for a competitor to vampire their userbase with misleading claims, or otherwise. Is it fair? Maybe not. If users love Jupiter lend so much, they can always withdraw and move over. I don't love Jup lend so much that I'd switch from Kamino to Jup lend fully, because nobody on Solana has as much risk averseness as Kamino imo and I believe my assets will be safe there for long term. AND as a major borrower of stables, Jupiter can't offer me the rates that Kamino can. I still have a lot in Jup lend because I borrow against INF which Kamino doesn't have. But coming from Jupiter a couple weeks after trying to bully @Titan_Exchange not to use their API, this sounds majorly hypocritical. Just like how Jupiter doesn't like others trying to eat their pie, Kamino wouldn't like it either. First open source your products, stop trying to do everything while your previous things are not yet fully cooked. Being an everything app is nice in theory but compounds the risk of something going wrong in everything. I'd still cheer for Jupiter because they are the protocol that was my go-to for several years and has a ton of cracked devs that are my faves on Solana.

I use fluid a lot on Ethereum, but a lot of this is crap tbh. - the vesting details, season end dates, everything is mentioned transparently on the UI. I haven't seen any other protocol ever mentioning the dates for season ends and vesting details long before it ends. - Protocols need to generate revenue as well. Trading bots and apps charge 1% per tx, is that fair? It depends on whether the user feels justified in what he is getting. Users just see 3 things, deposit & borrow APYs, range of assets and security of the protocol. If fluid wants to beat them on these, they are welcome to do so. Stop crying about protocols making revenues. - We are calling BD bullying now?!?! If Orca is Kamino's partner, they would obviously be lobbying for getting liquidity on there. Provide enough value to the small teams to keep them on Meteora if you can. What is this crying on the tl? - Anyone can always leave the platform by paying out their loans 👍🏻 - I don't know about shitting on competitors, but if that competitor is marginfi by any chance, I'm going to buy lunch to all Kamino team. - remaining things are genuinely random so I am not even going to comment on these. What I do know is this - if I have to trust somewhere to leave my capital somewhere for a few months without looking, there are ONLY 2 places in the whole of defi that I'd be confident in doing so - Aave and Kamino. Anywhere else, I'm always checking at least every alternate day to ensure it is still there. And that includes Fluid.

Who is Fuego? I am Fuego You are Fuego We are Fuego 🕯️

@0xjune_ @01Exchange Me, please

Who needs an invite code for @01Exchange ???

@JulesXBT how is the beta code doing? share some codes 😛

Everyone wants a Beta Code, but nobody is asking how the Beta Code is doing

@AlucardTrades please send invite once it's public , will do some volume xD

There is a new chain backed by Peter Thiel and flagship protocol is perp dex. Mainnet soon. Team has known cats and names zeros and ones in it. Love to see it.

Buying more $MET. The @MeteoraAG team keeps building while others fade — constant innovation on Solana. At these levels it feels criminally undervalued. Feels like one of those plays you’ll wish you didn’t fade.

Goose DAO x PMX x Meteora We just deployed over half a million in liquidity across 12 new prediction markets on @pmx_trade, powered by the @MeteoraAG Liquidity Layer ⚡️ With PMX's latest updates, LPs enjoy better capital efficiency while traders gain an edge through faster execution and deeper market depth. Introducing Goose Prediction Markets — designed for profitability and precision.

@TraderMagus We all have days when someone’s words cut deeper than they should. You do matter. The world’s better with you in it.

Just got a lecture on how I contribute nothing to society from one of the only people in the world who's opinion I care about I know its not true but I could use some positivity right now It's lame af to ask but if you feel like I have ever helped someway drop a comment/meme