ReKt ⭕ EnGineer

Mastering yourself is the true power - Onchain Engineer!

[ReKt ⭕ EnGineer @engralt98]

@OrderlyNetwork gOrder

[ReKt ⭕ EnGineer @engralt98]

@HeyDrops @Hertzflow_xyz Organic trading ser

[ReKt ⭕ EnGineer @engralt98]

@Hertzflow_xyz Bullish with Hertzflow

[ReKt ⭕ EnGineer @engralt98]

🧵 @Hertzflow_xyz Deferred Price Impact: A smarter approach to execution!

Most traders focus on entry price but #HertzFlow takes a different approach.

Better execution mechanics. Smarter liquidity alignment.

1️⃣ How does it work?

Step 1 - Open a position
• HertzFlow uses the oracle mark price for entry, with no immediate price impact charge.

Step 2 - Imbalance changes
• When traders open and close positions, the long/short balance changes. Price impact can evolve in either direction during your position.

Step 3 - Close the position
• HertzFlow calculates the net price impact from entry to exit and settles it as part of the final position accounting.

2️⃣ What are the main benefits?

1. No Upfront price

You don't pay the price-impact fee when opening a position. The net impact is calculated at closure, rather than charging an upfront estimate.

2. Benefit when liquidity rebalances

If other traders' activity reduces the pool imbalance while your position is open, your net price impact can improve. You may even receive a rebate.

3. Capped effective price impact

HertzFlow caps the effective price impact at 50 basis points (0.5%). Any amount above the cap is collected at settlement and returned to a claimable balance, which you can reclaim.

4. Incentive to balance liquidity

Positions that reduce the pool's long/short imbalance can receive a positive price impact - a rebate that rewards trades helping rebalance liquidity.

3️⃣ Simple Example

Imagine you open a $10k long position when longs dominate the pool.

📥 At entry
Longs dominate
No upfront price-impact fee

📊 During the trade
Shorts catch up
Pool becomes more balanced

🆑 At closure
Potential price-impact rebate because your exit helps reduce the imbalance, you may receive a rebate instead of paying price impact.

[ReKt ⭕ EnGineer @engralt98]

@cryptolala Lovely ty 💜

[ReKt ⭕ EnGineer @engralt98]

@Abu_Cartel Last year LoL

[ReKt ⭕ EnGineer @engralt98]

@OrderlyNetwork 👀

[ReKt ⭕ EnGineer @engralt98]

@HeyDrops @arcus_xyz It'll not cook imo

[ReKt ⭕ EnGineer @engralt98]

@onchainmonk 72 huge

[ReKt ⭕ EnGineer @engralt98]

@OrderlyNetwork Frr 😹😹

[ReKt ⭕ EnGineer @engralt98]

@pp_privatejet_2 🪪 Engrrrr98

#PPHALLOWEENPARTY

[ReKt ⭕ EnGineer @engralt98]

@Hertzflow_xyz @BNBCHAIN Cooking

[ReKt ⭕ EnGineer @engralt98]

@CryptoTeluguO 69k

[ReKt ⭕ EnGineer @engralt98]

@BinancePk Awesome

[ReKt ⭕ EnGineer @engralt98]

@OrderlyNetwork Vaults cooking 🔥

[Orderly @OrderlyNetwork]

Smaug's hoard just keeps growing

Managed by Vovega, this community-run quantitative trading vault just hit a new all-time high in PnL

33.60% 30d APY 🔥

[ReKt ⭕ EnGineer @engralt98]

@HeyDrops Rich stuff

[ReKt ⭕ EnGineer @engralt98]

@Abu_Cartel On point