
Aphelion
35 posts

Aphelion
@AphelionTrading
OG Market Maker in Solana ecosystem. Specialised in onchain liquidity and DEX advisory | Head @RealSpaceMonkey
space Katılım Nisan 2024
11 Takip Edilen960 Takipçiler
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Welcome to Aphelion Trading!
We’re an OG Solana-native market-making firm founded by Adam @realspacemonkey on a mission to accelerate decentralised trading and DeFi. The ethos of crypto is in our DNA.
apheliontrading.com
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We are hiring a rust developer and a trader. If you're interested or just want to chat about DeFi and its future on Solana, please DM or come meet us at our event with Bullet.
luma.com/s7e814gq
Space Monkey@RealSpaceMonkey
This is a long post about the rise of "prop AMMs", the history behind them and their advantages/disadvantages. This post will be different than my usual style of trying to be concise and is more of a story since it was meant to be for a DeFi Day talk like I did in the past 2 years. Unfortunately, this year I was asked to provide my ID/KYC (not the fault of the organisers) to be able to speak which I'd rather not do.
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If you are interested in Solana DeFi and Bullet L2, come hang out with us!
Bullet@Bulletxyz
The event to end off the year. December 11th. Trading Lounge at @SolanaConf, co-hosted with @AphelionTrading. Sign up now, link below 👇
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We are headed to @SolanaConf in Dec 11-13 where our side event with @AphelionTrading will be held.
If you want to know what's in the secret menu, you got to head down to our event and find out 😁
luma.com/s7e814gq
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Props Where Props Are Due
I am a hands-on explorer. When I review various protocols, I get in there, test, use, attempt to find every positive as well as every negative.
A couple months ago a certain team reached out to me. They wanted my feedback as a large trader on what they could do to improve, as they are working furiously on some updates. I agreed to dive in and give them feedback.
After my big public liquidation, what most people didn’t know was that I’d been testing multiple perp DEXs simultaneously with much smaller sizes to get hands on experience - not just for myself - but for my audience who asks me daily "what about ____ protocol?"
One by one, the dominoes fell. Every single position across every DEX got liquidated.
Except one.
@DriftProtocol
At first, I actually thought I’d broken their liquidation engine. Price had blown right past my liquidation price - yet somehow, my position stayed alive. I was convinced it was a bug.
Turns out it wasn’t.
Drift’s guardrails - the ones they quietly mention in their docs - actually worked.
They throttle liquidations during violent wicks, use oracle-based pricing instead of thin-book marks, and can even temporarily pause liquidations when volatility or oracle data goes off the rails. In other words, they built a system that recognizes when the market’s lost its mind - and gives traders a fighting chance instead of an instant execution.
I know many of you are new to following me so as a reminder: my voice is never for sale. I never sponsor anything and refuse to talk about anything positively or negatively in exchange for financial gain.
In a space where “robust risk management” usually means “we’ll pray the oracle holds,” Drift engineered something real. They deserve acknowledgment for that.
Respect.
🫡 From the depths —
The White Whale 🐋

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Hey guys,
I can't comment on the forum, so I will leave some input on the strategy of building the most efficient on-chain liquidity for BIO on Solana.
Expansion to a new chain consists of two steps:
1) Selecting a custody bridge that will allow minting/redeeming a 1:1 derivative of a native BIO token. Here you can explore deBridge's custody solution called dePort: app.debridge.finance/deport
2) Bootstrapping on-chain liquidity. This stage normally consists of two steps
a) Create a static liquidity pool — classic AMM that doesn't require active liquidity management. You can use @MeteoraAG dynamic pool (app.meteora.ag/pools/create) or @RaydiumProtocol (raydium.io/liquidity/crea…). Choosing Meteora will likely get your DAO exposure on their upcoming airdrop.
b) Manage concentrated liquidity to make spreads on-chain tight. For this one, @AphelionTrading is likely the best partner. With a small bit of capital, they can set up very efficient concentrated on-chain liquidity.
Once the token becomes liquid on Solana, it will automatically become available for instant cross-chain trading in deBridge main app (app.debridge.finance), so users will be able to buy it in seconds using any asset on any other chain.
Let me know if you have any questions.
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The king is here!
BTC is the undisputed king of crypto. @Coinbase is the most trusted name in the industry. Aphelion is the OG Solana market maker. Together, we’re bringing BTC trading on chain with the tightest spreads and capital efficiency that can only come from a CLOB.


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$GOAT Perps are NOW live on Zeta!
Come hear the gospel...and enjoy 50% OFF fees until Nov 11 🐐
Powered by @PythNetwork @AphelionTrading @wintermute_t
GIF
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2/ Breakpoint rewind 🎬
@SolanaConf vibes were immaculate ✨ Met partners and power users IRL, joined the Pyth Flash Event w/ @PythNetwork and Traders Tavern w/ @AphelionTrading, dropped some serious Zeta merch…
And last but not least, @Tristan0x revealed Zeta X demo and @bulletxyz on stage
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$EIGEN perps just dropped! 💥
Trade both sides of the restaking wave, powered by @PythNetwork @AphelionTrading 💜
50% off fees until Oct 12, make it count.
Long vs short, what’s your call?

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