Bearmii
1.5K posts


arbitrum generates $8m yearly while $800m in sequencer MEV flows to validators. BOLD upgrade ships march 2026 and captures 40-60% of that MEV for the protocol. one upgrade turns a $3.2b treasury governance token into something with $50-80m real revenue. 4 weeks to find out if L2 tokenomics can actually work
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The future of trading is being written by Pacifica
@pacifica_fi is a trading platform built for speed, intelligence, and an uncompromising user experience.
Launched in January 2025, it was founded by a team of industry veterans with backgrounds at Binance, FTX, Coinbase, Jane Street, OpenAI, DeepMind, and other leading institutions in tech and finance.
At its core, Pacifica is a reimagining of what trading should feel like, fast, intuitive, and deeply intelligent. It’s not just another exchange; it’s a platform built from the ground up to deliver best-in-class execution, infrastructure, and smart automation through cutting-edge AI tools.
From intelligent trade suggestions to streamlined automation, Pacifica empowers users with tools that make trading more strategic, less stressful, and fundamentally smarter, all within a clean, seamless interface designed for both beginners and professionals.
The team moved at an exceptional pace: the testnet launched just three months after development began, and the mainnet followed at six months, a testament to the team’s technical focus and execution capabilities.
Importantly, Pacifica is fully self-funded. The platform raised no external capital, giving it the freedom to stay aligned with its users, not investors and ensuring that all value created flows directly back to the community.
Pacifica I t’s setting a new standard for what a trading platform can be, powerful, intelligent, and truly user-first.

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@rodionadov @pacifica_fi @pacifica_intern @_guynemer @ConstanceWaing app.pacifica.fi/?referral=bear…
Codes if you want in.
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Spent the weekend building a Pacifica dashboard on Dune because the numbers demanded it.
$114M Open Interest. 21k users. Nearly $10B in volume last week alone.
Most protocols at this stage are figuring out how to fake traction. @pacifica_fi is preparing their backend to scale from 20k to 100k users because organic growth is outpacing infrastructure.
The team ships features in hours, not quarters. Community feedback from Monday becomes live code by Friday. That execution speed is what separates signal from noise in this market.
Tomorrow they're deploying the most requested feature to mainnet. No hype cycles. No countdowns. Just constant building.
Been digging through on-chain data and watching how real users behave versus farmers. The retention metrics tell you everything about product-market fit. People are staying because the platform works, not because they're chasing points.
If you're learning analytics in web3, this is worth studying. Real organic growth in perpetual DEXs is rare. Watching it happen in real-time is even rarer.
Dashboard below. All the data is there.

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Pacifica Weekly Points Distributed! 🔥
This week’s @pacifica_fi points are out! You can check yours on the portfolio page.
I made just one small trade with a bit of profit, and boom, got 5 points.
Competition will get tougher as more users join, but right now it still feels early. If you’re exploring a new perp DEX, Pacifica is worth a try.
It’s live on Solana, so SOL maxis might like it here.
✅ Trade on Pacifica: app.pacifica.fi/?referral=pran…
Already trading? How many points did you get this week?

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Thrilled to announce our partnership with the powerhouse InfoFi platform, @cookiedotfun! 🍪🌊
Welcome to all Snappers! You now have a new home for perpetuals on Pacifica.
Start exploring: cookie.fun/tokens/pacifica
Enjoy special perks when you trade, and track your social and trading footprint on our platform's activity.

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@0xasrequired @0xdoola @liminalmoney @unitxyz @kinetiq_xyz @felixprotocol @prjx_hl Is there anything specific about the tech that makes you say that? It feels like it was built to farm airdrop farmers and pay kols.
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@0xdoola @liminalmoney @unitxyz @kinetiq_xyz @felixprotocol is in the same league imo and no one understands what a monster @prjx_hl is turning into
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Aside from @liminalmoney, @unitxyz and maybe @kinetiq_xyz , i think all HyperEVM projects' tokens go to 0 slowly when they TGE.
We need more 0->1 dapps worthy of championing , enough of the same old defi slop apps we've been using for years but just repackaged.
The most recent 0->1 i can see is @ventuals , being able to trade PreIPO/Private companies before they go public was only reserved to accredited investors and high deal flow participants, now accessible to the masses.
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@pacifica_fi @pacifica_fi
pacifica codes for those in need:
A3S7EZ7Q3SB3J8CA
N4XEQXQS5N1Q0NHM
QEMDFD617JBHNDBW
EN84JYA8EAXVK88S
GNHVS7YE2GXCN0HX
KD723QQ8M2RM8XPY
HSVC6RDGE1D3NZPP
PFX0YYCENE87RVMG
0QFD3F7VMQ64BGTW
VXZRFQ9E8XE90W30
MG87W6R93K97J7CE
WDRW77WFRMWBE96Y
Msg 4 more
Indonesia

@pacifica_fi @pacifica_fi
pacifica codes for those in need:
A3S7EZ7Q3SB3J8CA
N4XEQXQS5N1Q0NHM
QEMDFD617JBHNDBW
EN84JYA8EAXVK88S
GNHVS7YE2GXCN0HX
KD723QQ8M2RM8XPY
HSVC6RDGE1D3NZPP
PFX0YYCENE87RVMG
0QFD3F7VMQ64BGTW
VXZRFQ9E8XE90W30
MG87W6R93K97J7CE
WDRW77WFRMWBE96Y
Msg 4 more
Indonesia

@pacifica_fi @pacifica_fi
pacifica codes for those in need:
A3S7EZ7Q3SB3J8CA
N4XEQXQS5N1Q0NHM
QEMDFD617JBHNDBW
EN84JYA8EAXVK88S
GNHVS7YE2GXCN0HX
KD723QQ8M2RM8XPY
HSVC6RDGE1D3NZPP
PFX0YYCENE87RVMG
0QFD3F7VMQ64BGTW
VXZRFQ9E8XE90W30
MG87W6R93K97J7CE
WDRW77WFRMWBE96Y
Msg 4 more
Indonesia

Starting soon!! discord.gg/pacifica
Pacifica@pacifica_fi
We’re hosting a community town hall soon and want to hear directly from you! 📅Date: Wednesday, Oct 8th ⏲️10 AM EST / 10 PM HKT / 2 PM UTC 📍Location: discord.gg/pacifica Format: → 10 mins: Product updates → 10 mins: Open floor for community to share thoughts, ideas, and feedback → 10 mins: Q&A with the team This isn’t a formal AMA, just a chill session to connect, hear what you’re thinking, and chat as a community. Come through and say hi!
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@pacifica_fi
pacifica codes for those in need:
A3S7EZ7Q3SB3J8CA
N4XEQXQS5N1Q0NHM
QEMDFD617JBHNDBW
EN84JYA8EAXVK88S
GNHVS7YE2GXCN0HX
KD723QQ8M2RM8XPY
HSVC6RDGE1D3NZPP
PFX0YYCENE87RVMG
0QFD3F7VMQ64BGTW
VXZRFQ9E8XE90W30
MG87W6R93K97J7CE
WDRW77WFRMWBE96Y
Msg 4 more
Indonesia

@CallumOnCrypto @extendedapp @pacifica_fi @pacifica_fi pacifica codes for those in need:
A3S7EZ7Q3SB3J8CA
N4XEQXQS5N1Q0NHM
QEMDFD617JBHNDBW
EN84JYA8EAXVK88S
GNHVS7YE2GXCN0HX
KD723QQ8M2RM8XPY
HSVC6RDGE1D3NZPP
PFX0YYCENE87RVMG
0QFD3F7VMQ64BGTW
VXZRFQ9E8XE90W30
MG87W6R93K97J7CE
WDRW77WFRMWBE96Y
YWVQ42P1H1YN4GW8
Msg 4 more
Indonesia

2 early Perp DEX's that I think have outsized airdrop potential, and I'm farming hard:
Reminder:
I called @extendedapp at 300 users
And @pacifica_fi at 400 users
These 2 new projects have similar qualities - I've spoken to both teams, and I'm very bullish.
The first project is @hibachi_xyz
Hibachi is a Privacy-focused Perps DEX - something we have seen become more important with famous examples such as James Wynn having 9-figure positions being hunted down due to transactions being public.
The team is about 15-20 members in size, and have experience from Meta, Google, Citadel etc.
A good comparison could be Paradex, although Hibachi is much smaller, still in early 'points' stage - allowing us to capitalise and gain a large share before the project others catch on to the opportunity.
I can't share all the details, but after talking to the team I am very excited about Hibachi's roadmap, with some major announcements coming up in the next week or two - personally I'm pushing some decent trading volume before then.
Some key highlights:
>Raised $5 million in Funding
>Vault coming very soon
>Only $40m daily volume (for now...)
>Top user has just $55m volume
>Desktop & Mobile versions available
>Trade on the Base chain, possibly allowing a 2-in-1 airdrop of the upcoming Coinbase token
Currently points aren't being updated as we change from pre-season to season 1, and we have seen volumes dip, but I imagine there will be retroactive points for users trading now - this is usually the best time to push volume imo.
Start here:
hibachi.xyz/r/callum
-----
The second project is @variational_io
Variational is a Perps DEX that has great potential to soon be one of the top contenders. They have a great user-experience, and are heavily community-focused, which historically has lead to very successful Perp DEX's (Hyperliquid & Lighter etc).
They have some really good innovation, such as the loss-refund system. This sort of USP is a great sign for the future trajectory of the project in my opinion.
Here are some of the key details about Variational:
>Raised $11.5 million (including Coinbase Ventures)
>Zero fees
>'Community-First Platform'
>50% of tokens for airdrops
>Innovative refund system - Based on Volume you have a chance to have your losses refunded! (A great USP)
>Only 3 users have more than $100m volume
>Get into the top-100 with only $5m volume!
>Good liquidity across hundreds of tokens
There is currently no announced 'points programme' but this is a good thing:
Many people are lazy and won't start trading/farming here until points are announced (when it'll likely be 10X harder) - that's out advantage to trading now!
Personally I'm super bullish and Variational is now one of my top priorities to use for trading, and for farming potentially huge rewards at the same time!
Variational is Invite-only (great for early users to push volume before the flood-gates open!)
I've managed to secure 50 invites, FCFS below:
> omni.variational.io/?ref=OMNICALLUM
> Or use the code OMNICALLUM on the website (found in the bio of @variational_io)
Final thoughts
If you trade on these and give up because "Hyperliquid is better" then you're completely missing the point.
The reason that we are early is because these products are still growing, if they were already as good as Hyperliquid then there would be no early advantage.
Lower TVL, lower Open Interest, Worse Spreads etc are all expected, the trade-off for using a platform that is still in early development is that it is undiluted.
We are able to gain a huge amount of 'points' now compared to users who join later when the project is much more developed.
- E.g. when I started farming extended, I got around 8,000 points per million volume.
- Currently users get around 300-400 points per million in volume.
- Clearly you can see the advantage of being early.
- Extended was a worse (not bad) platform when I started using it, but because of the conviction I had, I pushed volume, burnt fees on making volume, and now have a great amount of points.
Currently I think Variational and Hibachi are both in this sweet-spot where we can see the potential of each project, yet they are still early where we can trade and make up a significant amount of the total volume ourselves (gaining huge points when they are likely retroactively distributed)
If any of the codes run out - hit me up, I should be able to source more for you.
(My variational code has more benefits to you than regular invites - more info coming soon👀)

English

@pacifica_fi @pacifica_fi pacifica codes for those in need:
A3S7EZ7Q3SB3J8CA
N4XEQXQS5N1Q0NHM
QEMDFD617JBHNDBW
EN84JYA8EAXVK88S
GNHVS7YE2GXCN0HX
KD723QQ8M2RM8XPY
HSVC6RDGE1D3NZPP
PFX0YYCENE87RVMG
0QFD3F7VMQ64BGTW
VXZRFQ9E8XE90W30
MG87W6R93K97J7CE
WDRW77WFRMWBE96Y
YWVQ42P1H1YN4GW8
Msg 4 more
Indonesia

📢Pacifica Trading Competition📢
We're changing things up this week by introducing a new, more dynamic scoring system that rewards consistent performance across three key areas.
Tens of thousands of points are up for grabs, stay tuned for more details 😉
Start: Tuesday, 7th of October 2025 at 14:00 UTC
For further details, please join our discord at discord.gg/pacifica
Best of luck to everybody. Happy trading!

English

@pacifica_fi pacifica codes for those in need:
A3S7EZ7Q3SB3J8CA
N4XEQXQS5N1Q0NHM
QEMDFD617JBHNDBW
EN84JYA8EAXVK88S
GNHVS7YE2GXCN0HX
KD723QQ8M2RM8XPY
HSVC6RDGE1D3NZPP
PFX0YYCENE87RVMG
0QFD3F7VMQ64BGTW
VXZRFQ9E8XE90W30
MG87W6R93K97J7CE
WDRW77WFRMWBE96Y
YWVQ42P1H1YN4GW8
Msg 4 more
Indonesia

@MingoAirdrop @tradexyz Any idea if we can run up to 5m now and get in or was it a snap shot?
English

So we know that Unit was testing S&P500 and Nasdaq perps for a few months
Apparently @tradexyz is the platform on which we will be able to trade stocks
If you have at least $5M volume on Hyperliquid, you can join the waitlist:
trade.xyz/?ref=C0KEU27DV
(I had to rewrite the tweet properly, I tweeted too fast)
English

Some Pacifica codes @pacifica_fi
GL
A3S7EZ7Q3SB3J8CA
N4XEQXQS5N1Q0NHM
EN84JYA8EAXVK88S
Indonesia

Trade perps on @lighter_xyz! Join me with my referral code 🚀
3 codes
app.lighter.xyz/trade/ETH?refe…
English

@AlucardTrades @Lighter_xyz @saliencexbt @Rijk__ How do these books work? Aren’t points tied to a wallet? How do they transfer
English

Allright boyz.
There is two different OTC books for @Lighter_xyz points.
One of them created by OG @saliencexbt offers cheaper points at the ask book.
Other one is created by @Rijk__ and working escrow for the last 2 months.
There is arb between these books since manual execution of OTC deals and visibility is a problem for these point deals.
If you are a buyer go @saliencexbt book for cheaper points.
If you are a seller go @Rijk__ book for premium.
Close this arb so otc market can become even more efficient, as market participants we always want to find best executions, so there you go!
For the visibility!
@hansolar21
@satoshiheist
@samyamtrading
@mattbcapital
@onchainmonk
@izebel_eth


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If Avantis token is at $2B FDV I don't see why @extendedapp would launch under $1B FDV
Grab those points
🔗app.extended.exchange/join/MINGO
Extended has similar volume/OI than Avantis pre-TGE
Considering the current hype around perps, you can easily do delta neutral with multiple projects to earn cheap points

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