goat

146 posts

goat

goat

@goatf3q

Katılım Mart 2026
21 Takip Edilen46 Takipçiler
parq
parq@parqxchange·
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
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goat
goat@goatf3q·
@parqxchange also collateral is capped at a 100$ 😂
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goat
goat@goatf3q·
@parqxchange also your pools that move greater than 10% ~ a day get paused at 50x that’s a 5x minus fees and your position gets eaten at 25% a day you also have a profit cap in the sense that you can only profit 4-5x you just don’t say it 🥀
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goat
goat@goatf3q·
@parqxchange bro wrote up an entire essay & its larp 😭
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goat
goat@goatf3q·
@parqxchange why is someone paying 25% of their collateral a day if you’re saying pokeliquid is more in funding there’s would be capped at 10% of collateral lol
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goat
goat@goatf3q·
.0224% funding / hour on a 5k position with 100$ at 50x = 25% ~ of your collateral getting eaten everyday would be 10% at pokeliquid pretty absurd they’ve spent the whole day fudding a competitor instead of trying to build out their own product 😂
goat tweet media
parq@parqxchange

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

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Trench Divin
Trench Divin@0xsleepytime·
@goatf3q @parqxchange hey man no hard feelings i genuinely hope u continue to find and suggest ui/ux improvements bcs they always implement them fast and it helps the platform and mybags get bigger
GIF
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parq
parq@parqxchange·
Correct! Pokeliquid doesnt offer 50x leverage, so let's look at an example based on their offering. if you open a $1000 trade at 3x leverage on parquet, your fees would be $3 (0.1% x 3000) if you open a $1000 trade at 3x leverage on pokeliquid, your fees would be $5 (0.5% x 1000) At low leverage, this competitor is more expensive by 67%.
goat@goatf3q

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

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goat
goat@goatf3q·
@0xsleepytime @parqxchange I find it hilarious that you’re so bullish on this & so bearish on pokeliquid & you’ve never used either btw those visual bugs were live for almost 30d before the devs fixed and the “fork” as your dev called it, has had candlestick charts since day 1 😭
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Trench Divin
Trench Divin@0xsleepytime·
@goatf3q @parqxchange ive never heard "devs are fixing bugs and improving the platform" presented as a negative before. unironically bullish fud 😭
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goat
goat@goatf3q·
@0xsleepytime @parqxchange Bro are you actually stupid? Have you ever used this platform — our charts look the exact same minus the dots They just fixed this today lmfao Same thing with the Pokemon cards, they just made them all line charts cause this is what they looked like yesterday 🤣🤣
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Trench Divin
Trench Divin@0xsleepytime·
@goatf3q @parqxchange this is the aapl chart pulled up right now but nice try lol spreading fake ss is not gonna save ur bags
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Trench Divin
Trench Divin@0xsleepytime·
@goatf3q @parqxchange we were having a convo abt fees and u just abandoned it and start rambling abt fork vs not fork when i showed u the math lmfao. incredible iq on display here
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goat
goat@goatf3q·
@0xsleepytime @parqxchange ??? dude you said you’re impartial and I had to verify, you are clearly not 😂 who is longing illiquid pokemon cards with no OI at 5x or lower, its a moot argument
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goat
goat@goatf3q·
@0xsleepytime @parqxchange public SDK =\= open source code lol😂😂 and that doesn’t mean the frontend was available, which is what they’re saying was forked LMAO plus you can go verify pokeliquids code right now, completely different 😭😭
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goat
goat@goatf3q·
@0xsleepytime @parqxchange cause you said you’re impartial & I know you’re not, you’re a bag holder of parq obviously & this response confirms it you don’t care about the truth, you want & need to believe pokeliquid is a fork 😂
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Trench Divin
Trench Divin@0xsleepytime·
@goatf3q @parqxchange also why r u moving the goalpost thought we were talking abt fees and how u dont understand size vs collateral 😹
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Trench Divin
Trench Divin@0xsleepytime·
@goatf3q @parqxchange i am genuinely impartial here is the math. trading on pokeliquid is more expensive over 5x, cheaper between 5x-25x leverage, and then at higher leverage nonexistent bcs they have a 25x max. and also a 300% profit cap lol have fun
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goat
goat@goatf3q·
@0xsleepytime @parqxchange legend your dev is on the TL starting shit with other coins for no reason & then stealing their idea 2 days afterwards 😂 (also pokeliquid dropped a video oft heir their platform before parq even existed btw)
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pokeliquid
pokeliquid@pokeliq·
at pokeliquid we are focused on 1 thing & 1 thing only: delivering the best possible experience to our users to trade perpetuals on pokemon cards. that is our overarching goal & our driving focus. dont take your eye off the ball folks. go long
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Trench Divin
Trench Divin@0xsleepytime·
@goatf3q @parqxchange bcs thats 25x lev if u did it at low lev it would be cheaper and if u did it at high lev, wait u cant 😹 do u genuinely not understand fees being on size vs collateral man come on
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goat
goat@goatf3q·
@David43947132 @parqxchange dude go try the same 25x long on both sites 😂😂😂 just try it with 10 bucks & you’ll see im right
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Crypto Degen 333
Crypto Degen 333@David43947132·
@goatf3q @parqxchange Bro ur a lil to invested in proving yourself right. Your either a paid fudder or a narcissist that knows it all.
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