trent crandall
691 posts

trent crandall
@bwr_intern
https://t.co/0h9HDnyny6 data / ops / research

side note - the perp DEX sector has been clobbered if the HYPE valuation surprises to the upside, expect a rerating of the rest of the sector. if not immediately, then once once alt season really gets going


Thinking back, it's pretty crazy what we've managed to build in the last 3-4 months: - Rust native CLOB and atomic matching engine that is fully ZK verifiable - New cross margin engine allowing us to list hundreds of assets and offer much higher leverage safely (think 100x) - Multi-asset collateral that allows users to deposit most major assets (not just USDC) - Lending protocol to power multi-asset and provide yield opportunities - Robust liquidation engine for both spot and perps - Realtime historical event indexing - REST/WS APIs (adios jsonrpc) and Typescript SDK (+ Rust and Python soon) - Backend infra (price oracle and funding cranks, faucet etc) - Sequencer runtime that can execute txs in sub 50ms (thanks to @sovereign_labs) - First of its kind Solana Data Availability protocol (yet to be announced!) - Sexy new trading UI designs and frontend rewritten in Next.js - Embedded wallet integration with social login and frictionless signing UX thanks to @privy_io Final things left to do until testnet goes live are: - Insurance fund - Auto de-leverage system (better than socialized loss and keeps the platform safu in black swan situations) - Continue fleshing out comprehensive unit and integration tests - Lots of DevOps (monitoring, alerting, focus on chain reliability and uptime) It's all coming together quickly 🚢




















