Guard

OK I'm redoing the substack. This time I'll write it a bit like I would write a textbook on strategy and operations. (except I'll be less obsessive about finding the right references every time since it's just a substack and very much "take it or leave it" kind of advice)

Now available to trade: $CL (WTI Crude Oil) with up to 5x leverage app.extended.exchange/perp/CL-USD

Pre-launch perps are emerging as one of crypto’s most important innovations. DEXs that can efficiently offer trading on pre-launch tokens will prove their edge, it’s quickly becoming a core user demand. Maintaining strong liquidity here has been a real challenge for exchanges, so let’s see how they’re keeping up 👀 Currently listed on @extendedapp, @lighter_xyz and @aster_DEX. Let’s take a look at $EDGE pre-launch perps and how liquidity stacks up across leading perp DEXs. As expected, Extended leads by a wide margin with ~$130K each side within ±1% of the mid price. Lighter follows with only ~$30K each side, while Aster trails with ~$5.5K ask and ~$22K bid liquidity Not surprising for Extended power users, but for everyone else, this is your signal on where the real liquidity is.

@functi0nZer0 @uncledoomer it covers the roids

@uncledoomer I am 37 years old and still unapologetically wear the Black Vanilla roll-on daily

how did this stuff have such an insane grip on high school locker rooms in the early 2000s

I've seen so many good tweets reposted from yv today, but this one is maybe the best

@cobie @vikktorrrre that's your name now, came with the deal

@vikktorrrre Why is my name coinbase

who made crypto twitter more popular?

@13yroldwithcc we must shitpost more

CT is getting smaller. I don't like it : (

Hyperextended

@wassielawyer @writeclimbrun this, unironically, can work really well

The MMT intern just told me that Extended markets and trading are ready for testing. Who trades / farms @extendedapp ?

Now available to trade: $EDGE with up to 3x leverage app.extended.exchange/perp/EDGE-USD Please note that $EDGE is a pre-launch token. Mark and Index prices are derived from exponentially weighted averages of order book prices rather than external markets.

@inversebrah The real question is wtf happened in Costa Rica since 2022??

discuss

the green logo thesis

@0xtorpid @haofuwei Maritime law? No we're very much still doing it, The Hague-Visby rules are very much alive etc etc. I even had to do a case on some maritime law in London once!

@haofuwei @PoorGuard return to maritime (wait did we ever leave?)

Gotta love maritime law. You can tell it’s just glorified pirates code

@EvgenyGaevoy @functi0nZer0 we should hang out more

@PoorGuard @functi0nZer0 Anti terrorism laws are the most common way for state to do whatever it wants with its citizens, study Russia

(as anyone who has been terrified of being the most senior person at high table at Oxford can rattle off by heart)

Benedictus benedicat per Jesum Christum Dominum nostrum

@_via_getty_ OH NO

oh no

@EvgenyGaevoy @functi0nZer0 can't believe Evgeny knows the human rights issues around the Terrorism Act 2006 better than a guy who literally did a law degree

@functi0nZer0 thats until you actually define what a "terror suspect" is and whether reposting some bs on twitter can land you in 14 day lockup without access to lawyer etc

Was trying to write up something about how insane it is to me that Extended is being valued pre-market at only ~$200m, but I figure anyone who pays attention to my posts doesn’t need more convincing. Anyway, here’s this. eToro integration very soon. app.extended.exchange/join/BLUR