Drake (mainnet arc)

The People’s Perp DEX on @monad | Powered by a Fully-Onchain CLOB

[Drake (mainnet arc) @DrakeExchange]

Drake mainnet is live.

Our unique hybrid liquidity model bringing vAMM & CLOB together offers you the best execution price possible.

https://t.co/SR3ju3ukvZ

[Drake (mainnet arc) @DrakeExchange]

@puresoul0109 Nothing matters without our loved ones, take great care of them, and yourself Puresoul 💙

[Drake (mainnet arc) @DrakeExchange]

Drake emphasizes organic reward mechanisms, meaning that the vAMM accrues yield through fees and trader losses. No emissions, no fake yield.

We maintain a fair and meaningful economic environment for users by ensuring that this high USDC based yield mechanism distributes value to liquidity providers, keeping liquidity competitive on Drake Exchange.

Drake and bake.

[Drake (mainnet arc) @DrakeExchange]

Today is a good day to be early, and be ahead of everyone: https://t.co/8ER6rp8uu9

[Drake (mainnet arc) @DrakeExchange]

Drake exchange is a perpetual DEX natively built on Monad with a hybrid liquidity design that offers 400ms execution for your trades.

[Drake (mainnet arc) @DrakeExchange]

This structure allows trades to executed quickly, with accuracy, and at the best possible price.

The CLOB allows significantly reduced slippage by aggregating limit orders for deep liquidity and tight bid-ask spreads.

While the vAMM offers an always-on liquidity source, competing with the orders on the CLOB and catching flows from large orders or long tail assets.

[Drake (mainnet arc) @DrakeExchange]

@ErglS2 Big waves.

[Drake (mainnet arc) @DrakeExchange]

Read more about our hybrid liquidity design right here: https://t.co/fXFahII5Hz

[Drake (mainnet arc) @DrakeExchange]

CLOB + vAMM = Optimal execution.

This symbiotic relationship is held together by the Sequential Routing system, enabling Drake to provide the best possible execution for trades within 300 milliseconds.

Drake and Bake.

[Drake (mainnet arc) @DrakeExchange]

$120M in cumulative volume sounds great, but we can’t help but wonder what it would feel like to reach $1bn.

[Drake (mainnet arc) @DrakeExchange]

The Drake team have been burning the midnight oil to drastically improve the experience for our users.

We have been carefully reading every feedback since day 1, and kept iterating over what the users wanted to see implemented.

We hope the next improvements will please you.

[Larry Smoove @LawrenceSmoove]

September was a big month for us. Drake launched publicly on Sep 7, and we kept shipping the whole way through.

What's new on Drake:

- Chart lines: your entry, liquidation price, TP/SL and resting limits sit right on the chart, so you can see where you'd get stopped or liquidated at a glance
- One-transaction TP/SL edits: change your TP or SL from the positions table without having to cancel and re-place
- Fill now: if price moves away from your resting limit, fill the rest of it at market in one transaction, from the orders table or the limit line on the chart
- PnL breakdown: every position splits into trading PnL, funding and borrowing, so you know what's moving the number
- Clear rejections: order history now shows why an order was rejected
- HYPE-AUSD: live since Sep 17, up to 5x
- Total OI and OI skew on the trade page, so you can see how a market is positioned before you trade
- Fees up front when you close: the close dialog shows funding and borrowing already deducted
- A monthly MON pool for traders and referrers, with its own MON and Points pages
- A rebuilt referral page
- Custom PnL cards, plus leaderboard sorting and time ranges

[Drake (mainnet arc) @DrakeExchange]

@ErglS2 💙

[Drake (mainnet arc) @DrakeExchange]

@Alexey_pog 💙

[Drake (mainnet arc) @DrakeExchange]

@Alexey_pog @monad 💙

[Drake (mainnet arc) @DrakeExchange]

@frankyStarky https://t.co/Y7mTLULjvc

[Drake (mainnet arc) @DrakeExchange]

Drake’s hybrid liquidity design structure, with the vAMM (DLP) as a key component, optimizes the liquidity on Drake and keeps it competitive and efficient.

Read more below.

[Drake (mainnet arc) @DrakeExchange]

Drake mainnet is live.

Your bloodline waited centuries to see a trader like you, get in the order-book.

Stack bids, slap asks: https://t.co/8ER6rp8uu9

[Drake (mainnet arc) @DrakeExchange]

Apply here:

https://t.co/4Xz2hRtAsj

[Drake (mainnet arc) @DrakeExchange]

Drake Affiliate Program is live.

Earn on every trade you bring:

- 20% direct commission
- 5% second-level override

Monthly payout:

- Base: $25k (2nd-level $5k)
- Tier 1: $100k (2nd-level $20k)
- Tier 2: $250k (2nd-level $50k)
- VIP: $500k+ negotiated on volume

Apply below.

[Drake (mainnet arc) @DrakeExchange]

Over $30M in volume generated since Drake released the mainnet.

Stack bids slap asks.

[Drake (mainnet arc) @DrakeExchange]

@puresoul0109 ?