DerivaDEX @DDX_Official Twitter profile

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DerivaDEX

@DDX_Official

3 years

Cambrian is coming. DerivaDEX's first public testnet and trading competition.

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DerivaDEX

@DDX_Official

4 years

We're finally ready to reveal DerivaDEX, a derivatives DEX rivaling the performance and UX of centralized exchanges while letting traders keep control. Learn about our team, our DDX token, and our strategic investors - then sign up for early access! 🔥🔥

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DerivaDEX

@DDX_Official

4 years

We’re excited to announce the details around our upcoming insurance mining program. This is a new standard for exchanges: total transparency, community control.

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DerivaDEX

@DDX_Official

3 years

Did you know? Perpetual futures were proposed in 1992 by economists, but only implemented in 2016-- for cryptocurrencies. Now, these unique derivatives are crypto's most popular product by volume. 🎇

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DerivaDEX

@DDX_Official

1 year

new testnet tokens are being sent today. if you haven’t tested the exchange but would like to, make sure you’re registered!

DerivaDEX

@DDX_Official

1 year

you can check it out here:

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DerivaDEX

@DDX_Official

4 years

DerivaDEX is using the Diamond Standard for managing our smart contracts. The Diamond Standard is a pattern for upgradeability that overcomes existing limitations around storage and contract size, and provides exceptional modularity.

The Diamond Standard: A new paradigm for upgradeability

DerivaDEX implements the Diamond Standard for our smart contracts, solving Solidity’s upgradeability problems

medium.com

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DerivaDEX

@DDX_Official

3 years

We kicked off DerivaDEX's first (private) competition today. Next up: onboarding more users and sharing documentation. Want to be the first to know? Join us on Discord --> !

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DerivaDEX

@DDX_Official

3 years

Spending $300 on a transaction? With DerivaDEX, you'll pay ETH gas only for deposits and withdrawals. Trading fees won't fluctuate with network congestion.

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DerivaDEX

@DDX_Official

4 years

Happy Friday. DerivaDEX insurance mining is live.

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DerivaDEX

@DDX_Official

11 months

all nodes have now joined the network and are operating normally.

DerivaDEX

@DDX_Official

11 months

Update regarding Proposal 10: Deploy DerivaDEX Pilot to Mainnet. Node 0 for the DerivaDEX protocol is online, and has processed 163 epochs. Over the next few days the remaining operator nodes will be coming online and mainnet testing will continue.

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DerivaDEX

@DDX_Official

3 years

DerivaDEX combines the security of a decentralized exchange with the performance and usability of centralized exchanges. How?

Introduction to DerivaDEX Architecture

This article explains the DerivaDEX architecture at a high level. Learn about the DerivaDEX operator network and lifecycle of an order.

medium.com

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DerivaDEX

@DDX_Official

4 years

Launch announcement --> Token economics --> Discord -->

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DerivaDEX

@DDX_Official

4 years

Who funds the insurance funds? These funds can be worth hundreds of millions of dollars, and they are critical for leveraged trading.

What is an insurance fund?

Introducing DerivaDEX

medium.com

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DerivaDEX

@DDX_Official

3 years

Quick Q1 update from the team at @DEXLabs1 . Check out what's next, and apply for early testing opportunities!

Testnet and Beyond

Hello to the DerivaDEX community & DerivaDAO!

medium.com

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DerivaDEX

@DDX_Official

3 years

UPDATE: Cambrian testnet is public --> The trading competition will begin NEXT WEEK, so plenty of time to register and hit the ground running! See Discord for in-depth update, DerivaDEX🤝 testnet traders.

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DerivaDEX

@DDX_Official

3 years

Trouble trading this morning? DerivaDEX is bringing an open order book. Transparent liquidations. Community-controlled insurance fund. Fully verifiable transaction histories. It's time to grow beyond the walled gardens.

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DerivaDEX

@DDX_Official

3 years

The DerivaDAO governs all parts of DerivaDEX protocol, from Day 1.

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DerivaDEX

@DDX_Official

3 years

We're live.

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DerivaDEX

@DDX_Official

4 years

Today, our first community-driven proposal to the DerivaDAO (DIP-7) has been executed.

The DerivaDAO’s first proposal has passed

Today, DIP-7 Lift the governance cliff allowing for token transferability was passed. This proposal enables DDX, the governance token of…

medium.com

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DerivaDEX

@DDX_Official

3 years

Decentralized derivatives will see new levels of adoption in 2022. What do you think will kick-start this? We're looking at: - improved performance, competitive with centralized exchanges - new governance and revenue models - de-fi native composable derivatives

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DerivaDEX

@DDX_Official

3 years

What sets DerivaDEX apart? DAO-run from day 1, the DerivaDAO controls the entire exchange. All changes must go through governance. Unlike most DAOs, there never have been and never will be admin keys of any kind. Read more-->

DerivaDEX Governance

DerivaDEX is a next-generation decentralized derivatives exchange that unites the performance of a centralized exchange with the security…

medium.com

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DerivaDEX

@DDX_Official

4 years

What is "insurance mining"? Where is DeFi going next? Where do order books fit in for the future of DEXes? Tune in for this and more with @apalepu23 and our guests @hosseeb , @niraj , and @cmsholdings

DerivaDEX Roundtable #1: insurance mining & DeFi in 2020

Aditya Palepu, co-founder of DerivaDEX leads a discussion with investors Haseeb Qureshi, Dan Matuszewski, and Niraj Pant. Topics covered include participant'...

www.youtube.com

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DerivaDEX

@DDX_Official

2 years

The #derivaDEXtestnet is open and the trading competition has started! 💫

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DerivaDEX

@DDX_Official

3 years

Wonder how DerivaDEX compares to ZK rollups or optimistic rollups? -->

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DerivaDEX

@DDX_Official

3 years

Now, $DDX custody support from @CoinbaseInsto !

Coinbase Institutional 🛡️

@CoinbaseInsto

3 years

Coinbase Custody now supports $DDX and $TRB. Details here →

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DerivaDEX

@DDX_Official

3 years

Update on last weeks trading competition, recent custody listings for $DDX, and what's next!

DerivaDEX Development Update:

A successful first trading competition!

medium.com

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DerivaDEX

@DDX_Official

3 years

"What L2 is DerivaDEX going to use?" <-- we get this question a lot. DerivaDEX uses a custom-built L2 that's optimized for the exchange: efficient, secure, and designed uniquely for DerivaDEX.

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DerivaDEX

@DDX_Official

2 years

It's what you've been waiting for! TL;DR? - Competition March 15- April 14 - Register here: - Spaces event on Thursday: - More instructions coming soon!

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DerivaDEX

@DDX_Official

3 years

Love #Rust ? Come join @DEXLabs1 and build cutting-edge tech with a fully distributed, global team. #cryptojobs #fintech #DeFi

Rust Engineer at DEX Labs

About us DEX Labs is a tech start-up building cutting-edge, decentralized exchange infrastructure for the cryptocurrency markets. Our goal is to develop creative solutions for the problems decentra...

dex-labs.breezy.hr

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DerivaDEX

@DDX_Official

3 years

How does DerivaDEX compare? Learn about the DerivaDEX operator network, and see how the exchange maximizes for security AND performance. 👇👇👇

Introduction to DerivaDEX Architecture

This article explains the DerivaDEX architecture at a high level. Learn about the DerivaDEX operator network and lifecycle of an order.

medium.com

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DerivaDEX

@DDX_Official

3 years

On DerivaDEX, the DerivaDAO determines product listings, leverage limits, and other exchange parameters: key elements of the risk and business models for exchanges. How will centralized exchanges compete?

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DerivaDEX

@DDX_Official

3 years

From today's @matt_levine : "Robinhood Markets Inc. collects more payment for order flow for crypto orders than it does for stock orders." On DerivaDEX, order flow is encrypted. Operators do *not* have privileged access to order flow. What will this mean for traders? 1/n

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DerivaDEX

@DDX_Official

3 years

Should @Bancor include DDX? More info here:

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DerivaDEX

@DDX_Official

3 years

DDX proposal active for @Bancor --

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DerivaDEX

@DDX_Official

3 years

What's next for DerivaDEX? The next development milestone will be a public testnet trading competition. Stay tuned for more info, here and on the Discord!

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DerivaDEX

@DDX_Official

3 years

👋 Thanks for the follows, crypto twitter! Next stop, 60,000? 😉

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DerivaDEX

@DDX_Official

3 years

First-look testing is underway, and surfacing awesome feedback. Thanks to all who signed up and have participated so far! 🧑‍🔬🧪 Want to be notified in case there's a cancellation / extra appointment? --> sign up for the Discord!

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DerivaDEX

@DDX_Official

3 years

DerivaDEX is built with next-generation infrastructure, including a decentralized back-end and speed on par with centralized exchanges. Ready for 2022 and beyond 🔥🔥🔥

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DerivaDEX

@DDX_Official

3 years

🔥June development update 🚧--> This update includes - gas benchmarking results - review of First-Look testing - upcoming roadmap milestones

June 2021 Development Recap

Results from the ongoing First Look testing sessions, gas benchmarking, and more!

medium.com

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DerivaDEX

@DDX_Official

3 years

Now supported by Gemini Custody!

Gemini

@Gemini

3 years

1/3 We now support a new set of #DeFi , infrastructure, and data management tokens! Alchemix $ALCX, Ankr Network $ANKR, Fantom $FTM, Mirror Protocol $MIR, API3 #API3 , and DerivaDAO $DDX are now supported for deposits and custody on Gemini⬇️

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DerivaDEX

@DDX_Official

3 years

Excited to be included in this comparison of #DeFi derivative protocols from @MarcinPress . What other categories would you like to see these exchanges compared across?

Marcin Pawel

@MarcinPress

3 years

I’ve made a #decentralized derivatives protocols comparison table which I am hoping to become a useful community resource: It was created with help from the community & team members of @InjectiveLabs @vegaprotocol @ProjectSerum @DDX_Official @demexchange

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DerivaDEX

@DDX_Official

3 years

Great thread from @FabiusMercurius on the risks of providing liquidity in an AMM (automated market maker) system. DerivaDEX's central-limit order book means market-makers can concentrate liquidity where it's most needed. Less risk for market makers, better liquidity for traders.

Ming Zhao

@FabiusMercurius

3 years

TLDR: Yield farming on an AMM doesn't actually pay a "yield." It pays an options premium resembling somewhere between a covered call strategy and a short straddle strategy. It's not passive income. It's not guaranteed profit. Know your risks before you trade.

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DerivaDEX

@DDX_Official

3 years

What is DerivaDEX? - DAO run from day 1 - Central-limit order book (no AMMs) - Decentralized matching infra with a custom-built L2

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DerivaDEX

@DDX_Official

3 years

Slow price feeds are not just annoying 😡 -- they can be dangerous and expensive, especially for perp swaps. Here’s why:

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DerivaDEX

@DDX_Official

3 years

Perpetual swaps, crypto's most popular product, have been the domain of centralized exchanges. That's going to change.

Jack Purdy

@jpurd17

3 years

Perpetual swaps are by far the most widely traded instrument in crypto. While they're in the early days in DeFi, there exists a huge discrepancy in valuations between spot/derivative exchanges Have to imagine this gap will narrow if not flippen in the coming future🔁

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DerivaDEX

@DDX_Official

3 years

Only a successful DerivaDAO vote can add the exchange to mainnet. This means that when the exchange is live, the DAO starts off in control of the *entire* exchange, not just certain features.

Makato ≽ܫ≼

@ExMakato

3 years

@JoojoNhyira @Crypto_McKenna @DDX_Official

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DerivaDEX

@DDX_Official

2 years

Competition Session 3 has started! Get started at Liquidated in a previous session? You get a new life! 👼 All registered traders have 100K USDC to deposit for the session.

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DerivaDEX

@DDX_Official

9 months

🔬Go deep with the DerivaDEX Explorer: Follow individual transactions, traders, epochs, and trading products. 🌍Zoom out with DerivaDEX Stats: See a selection of current aggregates, exchange balance sheet, and operator network status.

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DerivaDEX

@DDX_Official

3 years

Update: Snapshot voting is live for a proposal to add DDX to @Bancor

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DerivaDEX

@DDX_Official

3 years

What are we currently testing? - market AND limit orders - ETH-PERP - high-performance trader API - real-time price feed + swift liquidations What's up next? - multiple trading products (BTC-PERP + ? ) - advanced order types (reduce / post only) - ??? What would you like to see?

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DerivaDEX

@DDX_Official

1 year

Testnet here -->

DerivaDEX | Exchange

The next generation of crypto derivatives.

testnet.derivadex.io

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DerivaDEX

@DDX_Official

3 years

🚰 the DerivaDEX testnet faucet is live! 🚰 1. tweet your address with #DerivaDEXtestnet 2. get Kovan ETH ( #keth -requests in DerivaDEX discord!) 3. visit and make a deposit!

Cambrian Testnet Update

TL;DR: Check out Cambrian if you haven’t yet, the new DerivaDEX testnet faucet makes testing easier than ever!

medium.com

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DerivaDEX

@DDX_Official

4 years

Waiting for the DIP? DerivaDEX Improvement Proposals & governance forum are now live -->

DerivaDAO Forum & DIPs

The DerivaDEX protocol is governed by DAO from day one. Today, the governance forum and DIP repo are live!

medium.com

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DerivaDEX

@DDX_Official

3 years

DerivaDEX unites 🚀 performance and 🔒 security, as a derivatives exchange with a decentralized matching engine.

Introduction to DerivaDEX Architecture

This article explains the DerivaDEX architecture at a high level. Learn about the DerivaDEX operator network and lifecycle of an order.

medium.com

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DerivaDEX

@DDX_Official

2 years

Transparency🪟 + verifiability ✅ On DerivaDEX, the entire state of the exchange can be monitored in real-time & verified on-chain each checkpoint. There's also a stats page ()!

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DerivaDEX

@DDX_Official

3 years

The DerivaDAO sets maker/taker fees, determines which markets are listed, and sets other exchange and market parameters via "contract specifications". Traders=stakeholders. Learn more-->

DerivaDEX Governance

DerivaDEX is a next-generation decentralized derivatives exchange that unites the performance of a centralized exchange with the security…

medium.com

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DerivaDEX

@DDX_Official

3 years

is up, and the @DerivaDEXfaucet is flowing. Happy Wednesday!

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DerivaDEX

@DDX_Official

3 years

Wondering what this means for your trades? 👇Negative = the perp is priced LOWER than the underlying. Shorts pay longs. 👆Positive = the perp is priced HIGHER than the underlying. Longs pay shorts.

THE CMS

@cmsholdings

3 years

Neg financing come on what are we doing here

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DerivaDEX

@DDX_Official

3 years

Everything that happens on DerivaDEX is visible to the Auditor, a key part of the Trader API. Come check out #api -onboarding in the Discord to get set up today!

Aditya Palepu

@apalepu23

3 years

Liquidation data (and all data for that matter) should be public, accessible, efficient, and verifiable by end-users of the exchange. Stoked for the level of transparency @DDX_Official is bringing into the exchange fold

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DerivaDEX

@DDX_Official

2 years

Deposits are on-chain. Withdrawals are on-chain. Matching, execution, and all balances are streamed to all traders, and verified on-chain via checkpointing. There are no admin keys. There is no gray area. DEX transparency is a necessity, not a nice-to-have.

DerivaDEX

@DDX_Official

2 years

A real DEX has total transparency into - balances - trades - withdrawals/deposits Transparency = security.

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DerivaDEX

@DDX_Official

3 years

Crypto markets can be wild, but nothing's more extreme than testnet! Why are testnet deployments so useful? - exogenous human chaos ✅ - regular extreme price movements ✅ - develop operational expertise prior to mainnet ✅ Be a part of the beginning!

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DerivaDEX

@DDX_Official

3 years

Let's learn about perpetual swaps! Here are some good resources for learning about this unique derivative that has been called "crypto's killer product"

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DerivaDEX

@DDX_Official

3 years

In coming weeks, @DEXLabs1 founder @apalepu23 will be sharing super-readable guides to simple crypto concepts. A good follow for the crypto-curious friend!

DEX Labs

@DEXLabs1

3 years

Founder and CEO of @DEXLabs1 ---> follow @apalepu23 down the crypto 🐇 🕳️ with this excellent series. (ps-- we're hiring!)

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DerivaDEX

@DDX_Official

3 years

Cross-margin or Isolated margin? What's the difference, which is better, and how can you tell which is which? [THREAD 👇]

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DerivaDEX

@DDX_Official

2 years

Security models are as strong as their weakest link. ⛓️ DerivaDEX combines Ethereum's security for consensus and governance with the speed of an off-chain network for matching and execution. Fast, secure, and coming soon!

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DerivaDEX

@DDX_Official

3 years

More than 1.3mm gUSD currently staked in DerivaDEX Insurance Mining.

Gemini Dollar Surpasses $100M Market Cap as DeFi Soars | Gemini

The Gemini dollar is increasingly used across the DeFi ecosystem, and serves as a bridge between centralized finance and this new financial frontier.

www.gemini.com

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DerivaDEX

@DDX_Official

3 years

Crypto is volatile, making speed and instant finality critical for derivatives exchanges. Read about how DerivaDEX makes this a reality -> (Prefer to learn by doing? stay tuned for the upcoming public testnet!)

Introduction to DerivaDEX Architecture

This article explains the DerivaDEX architecture at a high level. Learn about the DerivaDEX operator network and lifecycle of an order.

medium.com

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DerivaDEX

@DDX_Official

4 years

First DIP is in. vote--> discuss-->

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DerivaDEX

@DDX_Official

3 years

🚨Insurance mining continues! This proposal is queued and will execute in approximately 3 days. ⛏️ ⛏️ ⛏️ PS --> what is insurance mining?

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DerivaDEX

@DDX_Official

3 years

Insurance funds are key to crypto derivatives products, and protect traders in volatile markets. Learn more about how they're financed (and who pays)-->

What is an insurance fund?

Introducing DerivaDEX

medium.com

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DerivaDEX

@DDX_Official

4 years

Do you know the hidden cost of leverage? As traders, we have looked high and low for detailed explanations for liquidation and bankruptcy pricing. We couldn't find it, so we made one ourselves.

Liquidation and bankruptcy prices: under the hood

Liquidation and bankruptcy prices must be well understood when participating in the highly-leveraged and volatile cryptocurrency perpetual…

medium.com

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DerivaDEX

@DDX_Official

3 years

First public testnet and trading competition. Live now.

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DerivaDEX

@DDX_Official

3 years

Tired of trading? Build tools instead! @DEXLabs1 is hiring rust engineers! 🦀🦀🦀

THE CMS

@cmsholdings

3 years

My trading days are numbered

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DerivaDEX

@DDX_Official

3 years

What do you think we'd see on a version of this chart that includes volume for DEXes using L2s?

mhonkasalo

@mhonkasalo

3 years

Uniswap market share has increased to 80% (& 67% of 1inch) among Ethereum DEXs.

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DerivaDEX

@DDX_Official

2 years

DerivaDEX has a completely transparent orderbook and execution flow. Everyone has access to the same data, at the same time: exchange operator nodes, liquidity providers, traders, and the DAO.

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DerivaDEX

@DDX_Official

3 years

What makes a DEX a DEX? 1. Self-custody 2. Decentralized matching. 3. governance. DerivaDEX will be launching with all 3. Get ready -- next trading competition coming soon:

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DerivaDEX

@DDX_Official

3 years

Who needs punctuation when you can see the future? We're excited too!

THE CMS

@cmsholdings

3 years

I say this constantly when asked about what I’m most excited about but on chain derivs futures/perps and then options are going to be sizeable and we’ll see a top 5 exchange be a decentralized on by volume for just derivs

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DerivaDEX

@DDX_Official

3 years

yes.

Cole Kennelly

@ColeGotTweets

3 years

2022 is the year DeFi derivatives cross the chasm. UX will soon be better than CeFi derivatives.

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DerivaDEX

@DDX_Official

4 years

Hello from our last team synch! The team is growing, we have two new faces: @thulynnn and Adam!

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DerivaDEX

@DDX_Official

2 years

How can DerivaDEX keep Ethereum as an L1, but still offer true decentralization and a TPS that competes with FTX and Binance?

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DerivaDEX

@DDX_Official

3 years

Coming soon ⌚️ --> an introduction to the DerivaDEX exchange architecture, as designed by @DEXLabs1 . What do you most want to learn about the DerivaDEX system design?

How does matching occur

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Front-running mitigation

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Security details

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Other (leave comment!)

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DerivaDEX

@DDX_Official

3 years

Hybrid systems can be incredibly performant, but they can't sacrifice resilience. Learn about DerivaDEX's backend operator network-- and why an AWS outage won't halt trading.

Why Hardware Matters

TL;DR — An often under-explored aspect of DeFi is the resilience of hardware operators. When these operators go down, as occurred recently…

medium.com

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DerivaDEX

@DDX_Official

4 years

Coming Monday! DerivaDEX cofounder @apalepu23 , @hosseeb , @niraj and Dan from @cmsholdings talk AMMs vs open order books, DeFi investment thesis, and our *upcoming* insurance mining program. Sign up --> and stay tuned!

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DerivaDEX

@DDX_Official

3 years

Happy Friday! We're still registering a limited number of users for AMOEBA, kicking off next week. (PS-- even if you don't have a registration link, you'll be able to follow along with competition chatter in the Discord next week!)

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DerivaDEX

@DDX_Official

3 years

Remember, many tools you relied on this cycle were built during the last 🐻. Take a break from staring at charts, sign up to be an alpha tester-- the future looks bright!

First Look

Sign up for DerivaDEX First Look interviews and testnet opportunities!

derivadex.typeform.com

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DerivaDEX

@DDX_Official

2 years

What makes DerivaDEX unique? - 0 gas fees for trading transactions - security of Ethereum, with the speed and cost of centralized exchanges - CLOB in a world of AMMs Stay tuned for the next testnet trading session 👀

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DerivaDEX

@DDX_Official

3 years

Are you registered for Cambrian, DerivaDEX's first public testnet and trading competition? The competition will kick off soon, so make sure you're signed up today!

Cambrian

Register for the Cambrian Testnet Trading Competition!

derivadex.typeform.com

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DerivaDEX

@DDX_Official

3 years

Update: proposal ✅ to increase DDX liquidity 🌊 on @bancor passed with 100% for.

DerivaDEX

@DDX_Official

3 years

DDX proposal active for @Bancor --

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DerivaDEX

@DDX_Official

3 years

ICYMI: DerivaDEX initial gas benchmarks for deposits and withdrawals are in: (Note, there is no per-trade gas fee 😎)

June 2021 Development Recap

Results from the ongoing First Look testing sessions, gas benchmarking, and more!

medium.com

DerivaDEX

@DDX_Official

3 years

DEX users, what's moving the needle for you today?

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DerivaDEX

@DDX_Official

3 years

DerivaDEX public testnet is at A "testnet" allows developers and users to build and test applications safely. To use a testnet app with metamask, select "Kovan" from the network dropdown. You'll also need a little kovan Eth (ask for this in the Discord)

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DerivaDEX

@DDX_Official

3 years

The "insurance fund" isn't just for extraordinary situations, it is a key feature for crypto derivatives.

What is an insurance fund?

Introducing DerivaDEX

medium.com

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DerivaDEX

@DDX_Official

4 years

Perpetual swaps are the most popular product in crypto. The funding rate fees that power them are a function of the notional position size (regardless of leverage), so can have a significant impact on highly-leveraged traders.

What is the funding rate for perpetual swaps?

The funding rate is the secret sauce behind perpetual swap contracts, crypto’s most popular trading product. But what is it? How does it…

medium.com

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DerivaDEX

@DDX_Official

4 years

We're building a decentralized and performant open-orderbook exchange. If thats something you want to see in the world, join us! -->

Join the DerivaDEX Discord Server!

DerivaDEX community: Home for support, discussion, and Q+A about the DerivaDEX protocol. | 1669 members

discord.com

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DerivaDEX

@DDX_Official

3 years

What happens to trading fees in DerivaDEX? *ALL* USD fees initially accrue to the insurance fund. The DerivaDAO controls this parameter.

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DerivaDEX

@DDX_Official

2 years

DerivaDEX is a trader-focused exchange. This means: - Central-limit order book with lightning-fast trade execution - Fair and sustainable trade mining - No frontrunning-- not by miners, and not by exchange operators. Check it out today

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DerivaDEX

@DDX_Official

3 years

Our discord community is growing. Join us for access to alpha testing, support, and other opportunities.

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DerivaDEX

@DDX_Official

2 years

Data transparency will be a new paradigm for derivatives, and DerivaDEX is leading the way. Take a look at some early data from trading competition Session 2 (and sign up for Session 3 if you're not already!)

Data on DerivaDEX

Data for traders, Data for the DAO!

medium.com

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DerivaDEX

@DDX_Official

3 years

Happy $BTC ATH! If you're trading with leverage, make sure you understand how the funding rate in a highly bullish market affects your bottom line. Happy trading! h/t @apalepu23

What is the funding rate for perpetual swaps?

The funding rate is the secret sauce behind perpetual swap contracts, crypto’s most popular trading product. But what is it? How does it…

medium.com

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DerivaDEX

@DDX_Official

3 years

Update ✅: The proposal to extend insurance mining has been executed. Want to get a heads-up for all governance actions? Make sure you're in the Discord!

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DerivaDEX

@DDX_Official

3 years

DerivaDEX addresses liquidation speed with a real-time price feed and a sound insurance fund strategy to protect traders. Perp swaps are coming to DEX-land!

Will Sheehan

@wilburforce_

3 years

@snarkyzk @compoundfinance @MakerDAO @AaveAave liquidations have to be very fast -> high mnt margin which is bad for traders gas wise ~5-10x more expensive than spot trading so scaling is a must have not a good to have here

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