Fermi Trade

Low Latency Perps DEX on @Solana.

Built by @fermilabs

[Fermi Trade @FermiTrade]

Let's gooo!

[Fermi Labs @FermiLabs]

Today, we're releasing the Fermi Trade SDK.

Programmatic Access to Solana's fastest perps DEX is now open.

To access it, simply generate an API key on the frontend with your approved wallet.

More info and latency benchmarks below 👇

[Fermi Trade @FermiTrade]

Link: https://t.co/45jJJIkBNb

[Fermi Trade @FermiTrade]

We've had a lot of questions on how @fermitrade enforces deterministic ordering on Solana.

Today we're releasing the full technical documentation, covering the design and working.

Dive in, or drop the link into your favourite LLM and ask away! (Link below)

[Seldon @yettisheep4]

Phoenix (cancel prior) vs Fermi (FCFS) is Solana's very own version of the Hype (cancel prior) vs LIT (FCFS) microstructure rivalry.

[Perps @perps]

New perps? 👀

[Fermi Labs @FermiLabs]

After 15 days of invite-only beta of @fermitrade, here are some stats.

Orderbook perps SZN is here on solana.

[Fermi Trade @FermiTrade]

👀 hello world

[Seldon @yettisheep4]

@MaxResnick But they were all of them deceived, for another Ring was made.

@FermiTrade doing ~200K transactions on mainnet daily.

[Dorax ⚛️ @dktrpo]

This tweet highlights a key difference in philosophy between @PhoenixTrade and @FermiTrade . We absolutely think FCFS is the optimal market structure.

1. Validator revenue gained via reordering is a net social loss. Happy to see it reduce.

2. Not incompatible with MCP if you add a separate sequencing layer.

3. It is enforceable- we developed POSq protocol to do just that.

[Seldon @yettisheep4]

@FermiTrade is the lowest latency perps DEX on solana. 2ms state updates. thats not a typo.

waitlist: https://t.co/qCjHx1T1Nq

[Fermi Trade @FermiTrade]

Fermi Trade v1 is here.
Fully onchain execution. Guaranteed FIFO transaction ordering. Tradfi grade microstructure. <2ms optimistic finality. It’s all possible.

Invite-only Mainnet rolling out this week.

[Fermi Labs @FermiLabs]

https://t.co/iGRXWSmV3I

[Fermi Trade @FermiTrade]

@FermiLabs @equilibrium_co @BigBrainVC GOATED 🔥🔥🔥