time

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I’ve sat here for the last sixth months and watched KOLs all talk about @bulktrade as if it was actually a live product. They include it on perp DEX ranking charts as if it’s a live product. They all speak the same way. No one talks about a thing as if it exists before it does - much less ranks it for six months. It’s either mass hysteria or coordinated marketing…because not a single dollar has yet been traded on this service… because the service is not live. Other protocols that are in test net or still being developed people talk about as such. But not Bulk. And people wonder why there is no trust in this space any more. Companies do this to themselves because they just don’t know any better. Founders/devs - categorically - are the worst marketers. Same with inventors / engineers in the physical product world. Different skillset. Disclaimer: It may seem that I have a bias as I’ve been in several public arguments with one of the founders, who I find to be an absolute asshat. However I’m reserving my judgment on the exchange until it can actually be used. I won’t let a personal beef stop me from performing a fair evaluation. Plus, everyone who has met him in person says he’s a really nice guy - not the asshat he comes across as online. Fun fact: many people think I’m an asshat as well.

Today we introduce RISEx Passport. A public reputation layer for every trader on @risextrade, read straight from the chain. Any wallet. Its real score, PnL, win rate, and the positions it holds right now. Performance stops being a claim. It becomes a fact you look up.

how to reduce the pain if your favorite perp DEX dies before TGE or launches a shit token? trade delta-neutral across multiple DEXs pros: • almost zero PNL risk • pay only fees + spreads • hold positions longer → many DEXes give better points for this • can earn from funding and spreads • simultaneously trading on 2 perp DEXs at once cons: • harder to push massive volume • need to open and close positions at the same time on both sides • can lose on funding/spreads if you mess up • not the move if you’re a pro chasing high ROI best perps for long-hold rewards right now: @nadoHQ @variational_io @OndoPerps @extendedapp we really have to focus on optimization now, since so many projects just fail to make it to the finish line

Short guide from @nadoHQ on how to reduce airdrop farmers: - Cut point supply by 3x in Season 2. - Airdrop farmers run the numbers and realize point farming is no longer profitable → they fade the perp DEX. - Perp DEX OI drops by 2x. - As a result, new point distribution now rewards not only volume, but also holding positions. With $3M volume on RWA assets while holding positions for several days, I earned 814 points this week. Keep fading, CT. Thanks for clearing out the competition - I'll hit my 30k points target even faster this way. Don't forget: Nado's 2nd trading competition starts June 15 with a $100k prize pool.

Introducing Desk Trader Agent on tread.fi! We have the most advanced execution algorithmic trading engine in the market. Many of you don't know what that means. That's why we are excited to introduce our first agent: Desk Trader Tell him any trade you envision and he will not only give you feedback, but set up and execute the trades using every advanced trading feature available on tread.fi > VWAP/TWAP algo orders > Multi-order basket trades > Conditional scheduled orders (TP/SL) > Chained multi-step orders

Update for anyone trading on @OndoPerps Ondo Perps is now applying a 20% fee discount for traders who signed up through my referral — this applies retroactively to past sign-ups and to any new ones going forward. If you're already using my link, the discount will be applied automatically to your fees. No action needed on your end. If you haven't signed up yet and want the reduced fee structure, the referral link below in the comments. Happy to answer questions about how the fee discount works or about trading on Ondo Perps generally. You can check the below post on how to get started.

I need to rebut a common misconception here: @HyperliquidX's hands are NOT tied by @chainalysis, @trmlabs or @elliptic I have spoken to several compliance firms and they all said that they do not provide ban lists to their clients -- they merely provide factual tags like "wallet interacted with HTX" They have all said that which wallets Hyperliquid bans is solely at the discretion of Hyperliquid Hyperliquid's hands are also not tied by the law. The sanctions against @HTX_Global are issued by the UK and applies to UK VASPs. Hyperliquid is Singapore based and the UK has no jurisdiction over Hyperliquid, let alone every wallet that has had the misfortune of unwittingly touching HTX after may 26th Even if hypothetically, the law did apply to them, there is recourse to resolve it > @opensea unbanned all of my wallets > @Lighter_xyz, @extendedapp, @variational_io, @hibachi_xyz and many more have not banned these same wallets because a couple of low 4 figs txns 1-3 days with a top 10 CEX post sanction, while most people were unaware, do not mean that an otherwise completely healthy wallet with rich onchain history is suddenly "high risk" > @megaeth are withholding my flux MEGA staking rewards, but at least they provide the option to KYC to claim them A transparent and functioning review/appeal process does not put Hyperliquid in legal jeopardy. If it did, Opensea wouldn't have unbanned my wallets within hours The ban is an overreaction to an already overreaching law by interpreting it to the absolute extreme and has trivialised actual risk analysis, as per @zachxbt and @tayvano_ Anyone arguing along the lines of "why would hyperliquid risk an empire for one person" would burn the world down if it was their wallets that were banned In time, it will be those people's wallets because under this ridiculous interpretation of the sanction, any wallet that ever comes into contact with a wallet that came into contact with HTX will be banned and we're already seeing this: Today, @Duldul_Capital from @get_truenorth was banned from HL because he lent some funds to a friend and that friend's wallet turned out to have interacted with HTX On November 30th 2024, @chameleon_jeff wrote: "Finance is humanity's greatest invention. It is the only effective way to coordinate human effort across time and space. Yet, the legacy financial system contradicts its underlying goal of empowering individuals: - it is opaque and centralized - it is owned and operated by privileged insiders - it doesn't embrace technological innovation to better serve users Hyperliquid is the evolution of finance. And Hyperliquid has not succeeded until it houses all of finance. If you're reading this now, you're still early. The new financial system welcomes you with open arms." Does this draconian ban empower individuals? Is Hyperliquid's Discord support process anything other than opaque and centralized? Is this new financial system welcoming users (who have dedicated their lives to it) with open arms? If you are a .hl and what I, @Duldul_Capital, @0xdavyjones and thousands of others without a voice are going through doesn't matter to you, then neither does the hyperliquid ethos summum ius, summa iniuria

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$1 per 1k volume on @OndoPerps via @tread_fi the rewards completely exceeded my expectations first week $100k pool already distributed this week it’s $125k my stats • 170k volume • fees: $40 • PNL: ~$30 • reward $229 • net profit $159 volume weighs heavier than OI, but OI still matters my setup and their shares: • 80% Treadfi MM bots on stable pairs Mid, +1/+3 spread, normal participation rate, neutral DGrid, +3 spread, normal participation rate • 10% DN bot with XYZ • 10% manual DN positions between Ondo and Nado entry is still invite-only code for 5% fee discount app.ondoperps.xyz/?ref=VOE1ZX TreadFi -app.tread.fi/referral/7WG1V…