kabir
882 posts
@ethtwit
growth lead @PhoenixTrade || @Ellipsis_Labs
Today we're shipping screen-aware dictation. First, we built a speedy speech-to-text (very fast, ~450ms). But, many products do this! So we went further. Now dictate using your screen as context. In Claude Code, it writes the prompt. In G-Mail, it replies in your voice. Demo:
The next major feature upgrade to @PhoenixTrade will finally leverage @solana DeFi's greatest asset: spot liquidity. Traders will soon be able to post SOL and other tokens as collateral for their positions. A few caveats before I dive in: - I hate announcing things before they ship. Talk is cheap, and execution is hard. And nobody cares that the execution is hard. - Phoenix is not the fully on-chain perps venue to have spot collateral. This was one of the best features offered by Drift and Mango. As with everything we build, Phoenix's approach will never be a blind copy-paste of our predecessors. I'm excited about this feature for many reasons. 1. Solana users with SOL and other tokens but no USDC no longer need to sell their assets to deposit and trade on Phoenix. 2. Users and vaults who want to run long spot, short perp basis strategies no longer need to think about manually rebalancing. 3. Sophisticated users who trade both spot and perps can keep their capital on Phoenix and simultaneously trade spot while margining their perps positions. I'll write more about this in a future post. I think it's one of the coolest things that no other perps platform can do. And it is only possible because Phoenix is fully on-chain. There are 2 questions I get asked often that I often find challenging to answer: 1. Why does it matter that Phoenix is fully on-chain? 2. Why should I trade on Phoenix over [X]? Here is my definitive answer. Being on-chain gives Phoenix access to Solana's capital, users, and liquidity in a way no off-chain venue can. Most people think that Phoenix is the exchange and Solana is the infrastructure platform, but they have that backwards. Solana is a programmable exchange, and Phoenix is infrastructure that taps into everything Solana offers. You shouldn't trade on Phoenix; you should trade on Solana, because Solana will be the decentralized protocol that houses the world's financial assets. Phoenix is simply the best window into that on-chain future. This is how the composability thesis will finally play out, a couple of years late.
Hey we looked into this. You’re right that fees are a tiny bit lower than Meteora’s (7bps vs 15ish) but you will get absolutely killed on slippage with any size buying this token on HL. This post is extremely misleading and no whale should seriously be buying spot on HL for this or any other token for that matter. If you see this and you are buying $10k+, you will end up paying 2-2.5% slippage on HL vs 0.4-0.6% on Solana.
Sunrise has listed $SKHY on @Solana. SK Hynix is the leading supplier of the HBM behind AI compute. Today is its first US listing. Issued by @Backpack Securities, $SKHY brings a tokenized SK Hynix share onchain. Sunrise makes it tradable across Solana wallets and app, 24/7.
Mark Zuckerberg reveals he's feeding his cows beer and macadamia nuts “On the ranch, one of my projects is I'm trying to create the highest quality beef in the world” “It's very low stakes, I’m not selling it but I'm very into the genetics of the cattle. We're trying to figure out how do you make it so that you basically can deliver the highest density diet to them” “We started growing macadamia trees because that kind of nut is extremely dense and they will eat a lot so they will put on weight and become fat quicker and become delicious” “The macadamia nuts have a lot of oil so you need to actually roast that. So now we need to design this whole process to roast the nuts so that way you can give them to the cows” “You want them to eat more. So then it's like how do you get them to eat more? Well it turns out alcohol is great for that because alcohol induces appetite” “That's actually why very high-end beef, they're fed beer. But okay, what's the right balance of beer versus water? I don't know. Let's let them choose. They get either as much cold beer as they want or as much room temperature water” “So now we're brewing all this beer and we're putting it out”
well it seems like our agentic trade and bullish thesis on solana:So11111111111111111111111111111111111111112, ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2, and $HOOD and max shorting @coinbase has played out flawlessly thank you @clawpumptech for helping me execute this trade flawlessly on phoenix!
We've reset 5-hour and weekly rate limits for all users.
