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dango🍡
8.3K posts

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My favorite piece of code in @dango's upcoming perp DEX is how we incorporate dimensional analysis in the Rust type system.
A challenge in programming complex financial apps is sometimes you lose track of what a number mean. Does this "123.456" mean 123.456 USD or 123.456 USDC (too very different things)? If it's USDC, is it the human unit or the base unit (1e-6 USDC)?
In this code snippet, we encapsulate the three dimensions: asset quantity, dollar value, and time duration, in the Number type itself as a zero-cost abstraction. The Rust compiler ensure at compile time that a function always takes in and outputs exactly the right thing it's intended to.

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Who said points programs can't be fun?
Not us.
dango🍡@dango
Intern snuck out some alpha 👀 No one tell @larry0x
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Looking to add @dango in my list…👀🍡
Nemo@nopzty
My Perp DEX Farming Tier List 2026 🏆 ; Heavy weight: - @HyperliquidX - @Aster_DEX - @extendedapp Good one: - @tradexyz - @pacifica_fi - @edgeX_exchange - @OstiumLabs - @Backpack - @variational_io - @hyenatrade - @Lighter_xyz Underrate: - @hibachi_xyz - @etherealdex - @nadoHQ - @Dreamcash - @tread_fi - @DecibelTrade Indifferent: - @01Exchange - @BullpenFi - @BasedOneX - @grvt_io - @paradex What do you think? Let's discuss.👇🏻👀 มีใครฟาร์มตัวไหนอยู่บ้าง?
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Why Perp Traders Should Pay Attention to RWA Markets 🧵
Most perp traders are only focused on, $BTC, $ETH, memes, and volatility. I myself holds significant amount of $BTC and $HYPE. While this is great, the next wave of real liquidity won’t entirely come from there alone.
I believe it’ll be coming from RWA and here’s why this matters more than you think:
1. New Collateral = More Leverage
RWA introduces real yield-backed collateral (T-bills, credit, Gold $XAU, Stocks; $NVDA, $MSTR, etc).
This changes the game:
→ More stable collateral
→ Higher confidence in leverage
→ Bigger position sizing from serious players
And perp markets thrive on this.
2. Institutional Liquidity Is Entering Through RWA
Institutions are not just aping memes, they’re entering via:
→ Tokenized treasuries
→ Private credit
→ Real yield products
That liquidity doesn’t stay isolated. It eventually flows into, trading, hedging, and perps.
3. RWA Unlocks New Perp Markets
Right now, perps are mostly Crypto-native assets, but imagine this shift:
→ Tokenized bonds with perps
→ Real estate indices with leverage
→ Yield-bearing assets traded 24/7
The first Perp DEX to unlock this win big.
4. Real Yield Changes Trader Behavior
Most current perp volume is driven by:
→ speculation
→ narratives
→ short-term volatility
RWA could introduce:
→ predictable yield
→ carry trades
→ structured strategies
This brings smarter, stickier liquidity.
5. The Next Meta Isn’t Just Faster DEXs but Better Assets
We’ve seen evolution:
AMMs → Orderbooks → High-performance Perp DEXs
Next phase = Asset expansion.
The platforms that integrate RWA early:
→ attract deeper liquidity
→ onboard institutions
→ dominate long-term volume
6. Early Signal Most Are Ignoring
Top Perp DEXs are already:
→ exploring new collateral types
→ preparing for institutional flow
→ optimizing for capital efficiency
RWA isn’t separate from perps. It’s the next layer of growth and perp traders who only watch charts will be late.
And the real edge now is understanding where the next liquidity wave is forming, and I think RWA is that wave.

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