Denaria Liquidity Framework
A few days ago, we deployed additional liquidity to the BTC/USD market, improving slippage and the overall trading experience for users.
Denaria introduces an innovative way to manage liquidity in perpetual markets by allowing leverage for liquidity providers.
In practice, just as traders can open leveraged positions, liquidity providers on Denaria can also apply leverage to their liquidity.
This creates a major advantage in terms of capital efficiency and reduced slippage for traders, something most other perpetual DEXs cannot achieve because of their design.
Before this latest liquidity deployment, we had already surpassed $1M in trading volume with only $100K in TVL.
Slippage, now tracked on our @Dune dashboard, has consistently remained low, with an average of 0.0010.
Denaria dynAMM is live on @LineaBuild, bringing fully onchain, transparent perpetual trading to everyone.
Together, we rise.
Just unlocked my Gas ID via ETHGas 🪪
I'm a Hero Jack with 5.3481 ETH spent on gas since Beacon Chain - now fueling my climb to the Gasless Future and earned 3500 Beans already.
Reveal yours at https://t.co/3Hbe4vOSHf
Summoning my favourite protocols @Uniswap, @aave, @opensea to join the movement!
ETHGas is introducing the Open Gas Initiative, eliminating gas fees from the end-user experience
Learn more: https://t.co/IaCRC5PJsY
https://t.co/LRMocoHb5b
Introducing the Open Gas Initiative - a way for protocols to subsidize gas for users, zero-code, for a seamless, frictionless onchain experience.
With OG cohort: @eigencloud, @ether_fi, @pendle_fi, @Velvet_Capital.
👇
ETHGas is introducing the Open Gas Initiative, letting protocols incentivize their users to grow onchain adoption while ending gas fees anxiety for good.
[TAG PROTOCOLS WHO SHOULD JOIN]… are you in? 👀
Join Open Gas: https://t.co/IaCRC5PbDq
https://t.co/LRMocoGDfD
Introducing the Open Gas Initiative - a way for protocols to subsidize gas for users, zero-code, for a seamless, frictionless onchain experience.
With OG cohort: @eigencloud, @ether_fi, @pendle_fi, @Velvet_Capital.
👇
No more gas drama—let's build a better future!⛽️🚫
I'm collecting beans to help Gassy Jack's Gasless Future mission. Share the quest, earn rewards, and join the community climb 🧗
https://t.co/OOiP1uAd5J
https://t.co/OOiP1uAd5J
Another confirmation that earning points got harder this week. In my experiment series, I tested a lazy strategy and measured the potential APR on stables. Take a look at the screenshot: this week results.
– Last week: 0.043 points
– This week: 0.023 points
That's a 47% drop in efficiency
Another 9 experiments from Week 4!
TL;DR
– You can still farm 100-200% APR with the lazy strategy
– Picking a riskier market matters
– Balanced-odds markets matter
– Staying close to the mid-market price matters
– Point distribution is linear
– Mindlessly pushing volume is unprofitable
From what I’ve seen in others' results, taking on more risk tends to pay off ( "Trading your opinion is always the right move" – @ForrestOLAB )
@kartashovio 3. And about the -10% or -20% in the script — feels way too much. For example, on Satoshi the current top buy order is 95.7. Wouldn’t it be easier to put 95.6? Because -10% would be 86, which is way worse in terms of points.
@kartashovio 2. Any idea how they track how long orders are held? Like, if I place a buy order at the top price and it gets filled an hour later — does the timer reset, or keep going if I then list those shares for sale or add more cash to buy?
@kartashovio Cool, thanks. Got a few questions for you:
1. Do shares that are already placed for sale count toward the total volume? Logically they should, right?