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MegaETH is the only place where it made sense for us to run @telisxyz
For the last 8 months we've been working on a novel solution to enable cross-chain money-movement through Balance sheet management and delta neutral hedging.
We set up a basic quant_model, began testing and the biggest problem we faced was
bw the time we sent out a hedge trade, and the time we got the confirmation for it, prices moved and our system got vulnerable, this also made our cross-chain transactions speed slow.
Even after optimizations Hyperliquid api took 900ms total (tx send + fill + receive confirmation).
and it took us less than 100ms to do it on @wcm_inc on the first try with no optimizations, At that very movement @megaeth became home for Telis
Remilio
MegaETH@megaeth
Deployment detected for @telisxyz Where users can make money bridging. Telis manages treasuries across venues, netting settlements instead of moving assets, generating yield on idle capital When a trade is net-positive for the system, users get paid the upside
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