goat
146 posts








Pokémon card perps are heating up, and we keep getting asked how Parquet compares to Pokeliquid. Same chain (Solana), same USDC, similar engine. The real differences are in the params, and they matter way more than the headline fee. (All figures below are pulled directly from onchain programs and respective protocol documentation) Complete breakdown 🔽 Fees: • Parquet - 0.05%-0.1%/side on notional • Pokeliquid - 0.5%/side on collateral At the highest Parquet rate, they cross at exactly 5x leverage. Below 5x we're cheaper, above 5x they are, at 5x it's a tie. (Anyone quoting a 2x gap is mixing oneway vs roundtrip.) Trading fees are the small number. The one that actually drains your account is funding - the cost to HOLD. And cards skew hard: everyone longs the hot one. That's where the two models split. Pokeliquid funding is one-sided and uncapped. On a crowded card the long side can pay 10%+ a day. Parquet caps funding at 300% APR (~0.82%/day), and the contrarian side gets paid. Hold a hot card 7 days at 5x: ~$74 on Parquet vs ~$900 on Pokeliquid. Then the part nobody mentions until their card moons: Pokeliquid caps profit at 300% per position. A card that 10x's pays you… 4x. Parquet has no profit cap. The entire move is yours. Pokeliquid also has a higher MMR, liquidating at 2% margin vs. Parquet's 1%. This means at 25x leverage a position on Pokeliquid would be liquidated on a 2.5% drop (while the identical position on Parquet wouldn't be liquidated until a 3% drop or more). Lower MMR means more breathing room - on Parquet, you survive the wick. The Parquet Exchange offers up to 50x leverage on cards while Pokeliquid offer 25x max. Pokeliquid is Pokemon only (~90 markets). Parquet runs 231 cards across Pokemon, Magic, YuGiOh and One Piece (raw, sealed and PSA10) - plus equities, commodities, and forex, with stocks trading 24/7 including nights and weekends. On the Parquet Exchange, you can trade anything, anywhere, anytime. Both venues run near identical plumbing (LP pool, insurance fund, onchain FIFIO payout queue, keeper liqs), though Parquet is the only one of the two which adds an ADL tail-backstop that bounds the worst case in an extreme one-sided move. Both venues mark off multiple correlated sources. While Pokeliquid marks off two, Parquet medians multiple feeds, cross checks them and shock clamps any single bad print (with an autopause if any one goes stale). On illiquid cards, one bad print is a liquidation - we don't let only one or two sources decide. Honest scorecard? Where they win: Cheaper per trade between 5-25x leverage Where we win: holding cost (funding cap + paid to fade), full upside (no profit cap), tougher oracle, real staking yield, 4 games + stocks/crypto, 50x, later liquidations. Scalping a card at 20x for 30 seconds? Fees matter, go cheap. Actually holding a leveraged TCG position and want your upside when they rip? That's us. See you on the trading floor. parquet.exchange


@parqxchange yeah and at pokeliquid is .5% of collateral lol.








@goatf3q @parqxchange u r comparing 50x to 25x retard bigger position means bigger fees. are u doing a bit is this genuine 💀




















