ⓧ BOOMTOWN 🛞 X1

🚀 Launch a token in a few clicks for free on X1.
⚡ Token mint for $BOOM - Coming soon!
🤖 Join the community:

[ⓧ BOOMTOWN 🛞 X1 @BOOMTOWNmeme]

We have 3 main goals for our protocol:

1. Bring awareness & adoption to #X1 & $XEN

2. Make it as fast, cheap & easy as possible for community leaders to create their own tokens

3. Ensure that token holders participate in the financial upside via revenue sharing and buy & burn

[Mark Bardi @MarkBardi]

The name "SHRED" stuck with us because it captures something fundamental about performance.

Achieving maximum output by cutting away the unessential.

When you shred, you're not adding complexity.

You're removing it.

What remains is pure capability.

Mastery that looks effortless because there's no wasted motion.

This matched exactly what we wanted to build.

DeFi yields are buried under layers of complexity, risk and opaque mechanics.

Most products add more features to justify their existence.

We wanted to do the opposite.

SHRED means cutting through all that noise.

One click deposit. One clean 15% APY. Real stablecoins.

Nothing hidden.
Nothing extra.
Nothing you don't absolutely need.

The best products feel obvious in hindsight.

They remove friction rather than add features.

That's SHRED.

High performance through ruthless simplicity.

[Mark Bardi @MarkBardi]

You've probably heard "delta-neutral" thrown around in DeFi circles on CT.

Maybe you nodded along, pretending it all made sense.

But let's be honest...

Most people don't actually understand what it means or why it matters.

Here's the thing...

There's a reason hedge funds and family offices have used delta-neutral strategies for decades.

They capture volatility and generate consistent returns without betting on price direction.

It's how professionals extract yield from markets while sleeping soundly at night.

So what is delta-neutral exactly?

Delta measures how much an asset's price moves relative to the underlying market.

When you're "delta-neutral," your long and short positions cancel each other out.

You have zero net exposure to price movements.

Here's a simple example:

You loop wstETH on Aave to go long, then short ETH perpetuals on Hyperliquid.

ETH pumps 20%? Your long gains offset your short losses.

ETH dumps 20%? Same thing, reversed. Either way, you're protected.

But if you're market-neutral, where does the yield come from?

From funding rates.

Perpetual futures contracts pay funding rates every 8 hours.

When markets are bullish, longs pay shorts (which is the case most of the time).

When bearish, shorts pay longs.

By maintaining a delta-neutral position, you collect these payments regardless of price action.

The beauty? This yield is real.

It's not token emissions.

It's not ponzinomics.

It's actual revenue paid by traders on the other side of your position.

Why does this matter for @SHREDfi?

Most DeFi protocols promise high yields but expose users to massive volatility or unsustainable incentives.

Variable yields swing wildly.
Synthetic stablecoins carry depeg risk.
Algorithmic models collapse under pressure.

SHRED takes a different approach.

We productized the same delta-neutral arbitrage strategies that institutional players use.

We built professional-grade infrastructure, wrapped it in simple UX, and made it accessible to everyone.

Our target? A fixed 15% APY on real USDC and USDT deposits.

Not synthetic assets.
Not algorithmic gambling.
Real stablecoins backed by USD, earning real yield.

Why Hyperliquid?

Because it's the most successful perps DEX of this cycle with the best long-term growth prospects.

Hyperliquid consistently delivers the deepest liquidity, tightest spreads and most reliable funding rates.

Its open interest has exploded, creating exactly the kind of market conditions where delta-neutral strategies thrive.

When funding rates are positive and consistent, our arbitrage engine captures that spread efficiently.

When they fluctuate, our buffer fund smooths the volatility.

When they go negative for extended periods, we have risk management protocols and alternative strategies ready.

This is why we chose to build on Hyperliquid.

The infrastructure matters.
The liquidity matters.
The execution quality matters.

SHRED isn't gambling on whether ETH goes up or down.

We're not betting on narratives or hoping fundamentals play out.

We're systematically extracting yield from market inefficiencies using time-tested strategies that have worked for institutions for decades.

Delta-neutral isn't sexy.

It's not going to 100x overnight.

But it's how you preserve capital while generating consistent returns.

It's how professionals allocate large sums without losing sleep.

And now, with SHRED, it's how anyone can earn 15% APY on their stablecoins (USDC & USDT) without the complexity, risk or volatility of typical DeFi.

That's the power of delta-neutral.

Check us out at: https://t.co/4VubIhCn9h

[Mark Bardi @MarkBardi]

What our product does?
@SHREDfi is a high-yield stablecoin savings protocol on Hyperliquid. You deposit USDC or USDT, earn 15% APY, and can withdraw anytime. We handle all the complexity behind the scenes using professional arbitrage strategies.

Who it's meant for?
- DeFi-native stablecoin holders who want higher yields than other DeFi products (7-10%).

- Digital asset institutional allocators (family offices, hedge funds) seeking low risk, scalable yield.

- Web3 retail users who want ultra simple UX without algorithmic stablecoin risk.

Why you should care?
Your stablecoins are either sitting idle or earning low yields while inflation and debasement eats your purchasing power. SHRED delivers 15% APY, enough to actually beat inflation and grow wealth, without requiring you to become a DeFi expert or active trader.

How it's different/better?
vs. Ethena:

- Fixed 15% vs. variable 7-10%
- Real USDC/USDT vs. synthetic USDe
- Simpler UX

vs. Morpho:

- Fixed APY vs. variable rates that fluctuate w/ supply/demand
- Set-and-forget simplicity vs. monitoring utilization rates & yield changes
- Professional strategy execution vs. passive lending

vs. Pendle:

- No maturities or rollovers
- Higher sustained yield
- No technical complexity

vs. Traditional savings:

- 15% vs. 0.5%
- Global access, 24/7
- No bank middlemen

What's our core edge?
We productized institutional arbitrage strategies (normally requiring millions in capital, trading infrastructure & expertise) into a one-click savings protocol for anyone, anywhere, anytime.

Onchain/offchain proof?

Onchain:
- Live dashboards showing TVL, buffer fund size, collateralization ratio
- Real-time yield accrual visible in wallet
- Proof of reserves via over-collateralized vaults

Offchain:
- Mars Protocol team track record: 0 hacks, 0 bad debt across 3+ years building DeFi primitives
- Transparent strategy documentation explaining low leverage, delta-neutral mechanics
- Third-party audits published publicly (when available)

Coming soon.

[SHRED @SHREDfi]

We're a brand new project on Hyperliquid.

Want the chance earn some $ while learning about us & sharing w/ frens?

We've partnered w/ Zealy to host a quest that will run for the entire month.

This is the first digital proof that you were early 👇

https://t.co/lEaSubH3XB

[BONZ @Thebonez28Bone]

Just think what OpXen will do, when everything goes parabolic ????? 🤯🤯🤯

[Mark Bardi @MarkBardi]

@Backpack Wen support for X1/XNT?

It's coming soon.

We want you 🫵@Backpack

[Mark Bardi @MarkBardi]

Community matters most has become a cliche in the web3 industry.

It became that way because it's true. Most projects say it, but definitely don't live by it.

Everything we do as founders & builders should revolve around making our users richer, wiser, happier and lives easier.

[toly 🇺🇸 @toly]

🔥🔥🔥

[Escape | Web3 Dev Agency @escapeweb3]

$opXEN is taking no prisoners.

- Low supply
- 1 AMP (i.e. low inflation)
- Most mint finished in next 30 days
- XEN whales hold most of supply (not selling)
- Growing adoption due to burn parties starting soon

Price is up only 🔥

[Mike Bardi @MikeBardi]

Why is #opXEN pumping? #XEN

[cryptobruhhh - X1 @moreworldpeace]

$opXEN is the number #1 traded token on @Optimism

[DCA🛞XEN @robwood93053970]

This is why !!! #x1 #opxen

[ⓧ BOOMTOWN 🛞 X1 @BOOMTOWNmeme]

opXEN is on FIRE 🔥

Low total supply, AMP 1, nearly all staked, no sellers.

You probably don't have enough.

[Mike Bardi @MikeBardi]

Who else is front running the future success of #X1? #XEN

[Mark Bardi @MarkBardi]

Congrats on #X1 launch Xenians. Well deserved. Fortune favors the patient.

[Raajeev Anand | Crypto × AI @raajeevanand]

#X1 about to launch $XEN

Soon, you will see @Backpack Wallet with full support.

[Mike Bardi @MikeBardi]

BREAKING! #X1 less than 2 weeks? #XEN

[SHRED @SHREDfi]

Docs are up. Dive in.

https://t.co/7p2TxJNxRc

[XDEX @xdex_xyz]

Composability Over Control: Why XDEX on X1 Is the Next Evolution in On-Chain Markets

Hyperliquid’s vertically integrated design—native oracles, internal matching engine, and gasless execution—challenges both centralized exchanges and congested L1s. But its strength is also its limit: a walled system, optimized for speed, but closed to the possibilities of modular innovation.

XDEX on X1 is not optimizing for raw execution at the cost of composability. We’re building on X1, a next-gen Solana fork designed specifically to support scalable, real-time financial primitives. Our roadmap embraces a layered, flexible approach:
•Perps with isolated markets and efficient margin
•MagicBlock-native prediction markets with autonomous resolution
•Trading incentives, gamified with NFTs and leaderboard staking
•A fully integrated launchpad for tokens, perps, and prediction assets

Where Hyperliquid builds vertically to eliminate friction, XDEX on #X1 builds horizontally, creating interoperable market layers across assets, communities, and time horizons.

⸻

Why X1

X1 was chosen for a simple reason: control without compromise.

While Solana is powerful, it’s congested during peak traffic, controlled by upstream upgrade cycles, and cluttered with generalized apps. X1 strips that down—keeping the core speed, parallelism, and runtime architecture, while optimizing for native market infrastructure.
•No NFT mint spam slowing down perps
•No shared compute budget conflicts
•Full-stack control of validator priorities, oracle feeds, and fee routing

This gives XDEX the ability to deploy, govern, and upgrade financial markets without upstream dependency.

⸻

Prediction Markets Are Not a Feature—They’re a Foundation

MagicBlock on X1 lets us embed autonomous prediction markets directly into the trading layer:
•Bet on price outcomes: “Will $DGN > $0.01 by Friday?”
•Bet on events: “Will $XNT mainnet launch this month?”
•Create custom pools that pay out in $XDEX, NFTs, or token burns

These aren’t side products—they’re core financial instruments, woven into the same interface as perps, spots, and staking. MagicBlock turns the #XDEX experience into a fluid market playground, not just a swap venue.

⸻

XDEX on X1: A Modular, Composable Derivatives Stack

Unlike Hyperliquid, which optimizes for isolation and execution, XDEX is building:
•A perpetual engine composable with token launch events, trading incentives, and governance
•A prediction layer that interacts natively with on-chain oracles and off-chain signals
•A self-custodial UX that favors wallets and NFTs over siloed accounts
•A custom blockchain (X1) that supports our roadmap without compromise

Every protocol on XDEX is permissionless by design, and programmable through MagicBlock’s VM, opening up a wave of community-created markets and incentive structures.

⸻

Conclusion

Hyperliquid is fast, sealed, and elegant. But it’s also limited.

XDEX on X1 offers something different: an open, extensible derivatives layer where perps, predictions, and programmable incentives converge into a single trading frontier.

The next evolution in DeFi won’t be won by who executes fastest.
It will be won by who builds the most expressive market infrastructure.

That’s what we’re doing on X1.
That’s XDEX.

[ⓧ XEN Crypto | News & Updates 🛞 X1 @Xencryptoio]

$XEN minters keep Ethereum alive on the weekends