NPC
1.8K posts
NPC
@Npc100x
absolute memecoiner and degenerate | daily rekting jeets | 0 or 100x | Founder @CultofNpc
Mars Katılım Kasım 2023
533 Takip Edilen3.9K Takipçiler
@0x_MrFive No no, definitely not me. Credit has to go to HL. I don't even run a perp dex project. I just sh!t post. 🤷♂️🙏
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Whoa, now everyone wants to be Perp Dex.
More players will grow the market size faster. Rising tide lifts all boats.
Long term, the best builders win. DYOR.
Perp Dex era!
CZ 🔶 BNB@cz_binance
Given recent events, I think now might be a good time for someone to launch a dark pool perp DEX. I have always been puzzled with the fact that everyone can see your orders in real-time on a DEX. The problem is worse on a perp DEX where there are liquidations. Even with a CEX order book, where orders aren't linked to a specific individual, if you're looking to purchase $1 billion worth of a coin, you generally wouldn't want others to notice your order until it's completed. Otherwise, people might try to buy before you, effectively front-running you. In the case of a DEX, this can lead to MEV attacks. This results in increased slippage, worse prices, and higher costs for you. For this reason, the large traders in TradFi use dark pools, which are often 10 times bigger than the “lit pools" (ie, normal orderbooks). For perps (or futures), it is even more important to not let others know/see your orders. If others can see your liquidation point, they could try to push the market to liquidate you. Even if you got a billion dollars, others can gang up on you. This was possibly what we have seen recently. The counter argument I have seen is that being more transparent allows market makers to absorb your large orders. This is possibly true. I won’t get into an argument on which is right or wrong. Different traders may prefer different types of markets. Now might be a good opportunity for someone to launch an on-chain dark pool style DEX + perps, either by not showing the orderbook, or even better not showing deposits into smart contracts at all, or until much later. This should be doable with ZK or similar encryptions. Just a Sunday idea. If you are building such a project, feel free to reach me on @cz_binance" target="_blank" rel="nofollow noopener">reachme.io/@cz_binance
. No guarantees I will invest, or even reply. 🙏 English
@Asmongold I’m so sorry for your loss. Losing a parent is one of the hardest things to go through, and my heart goes out to you.
Stay strong your father will always be with you in spirit.
Buy some #Crypto be more degen!
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A few days ago my father passed away.
It's difficult for me to even find the words for the emptiness it leaves me with, he was my last family member in the state and I was there with him until the end.
I will endure, but I don't think I'll ever be the same
I love you, Pa
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Even Siri would agree this is better than the iPhone 17.
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Who else ignores lunch to watch candles?
#WLFI wants to go till the moon to close the pump on Friday
#CryptoCommunity $SOL #Binance #SolOnChain
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$DOGE takes a -5% dip just hours after #ETF inflows 🐕📉
Classic case of 'buy the rumor, sell the news'
Whales stacking, retailers shaking.
Volatility is the name of the game in #memecoins.
#Dogecoin #Binance #Cryptotrading #xtrends
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