Syed

[Xoheb⚡️ @XohebS]

Let's set the record straight on Flash.

There's been a lot of noise about why we're exploring an acquisition and are willing to wind down a revenue positive business, and some of it has turned into claims that we didn't know what we were doing. That's simply not true, and the numbers back us up.

We did $22B+ in volume and ~$6M in pure revenue without raising a single dollar. We put up $500K of our own money to start, right after the FTX crash, when it felt like the stupidest possible time to build an exchange.

Here's what we actually built:

We were the first exchange to bootstrap from an NFT raise, and were able to reward an equivalent amount of money in yield to the NFT holders within a year.

First and only protocol to offer a fully onchain points program gamified using program-upgradable evolving NFTs.

First onchain perps protocol on Solana to offer forex and commodity perps with up to 100x leverage.

First Solana perps protocol with a fully diluted token, with over 80% of tokens going straight to the community. We launched with zero external liquidity and seeded the FAF LP pool with ~$250K of our own money.

First exchange to offer up to 500x leverage on Solana.

First Solana perps protocol to transition to the ownership token standard with a 50% share in revenue rewarded to stakers.

First onchain perps exchange to offer equity perps, with @RemoraMarkets. Not synthetic gimmicks. Real backing, with the multi-token pool supporting spot swaps on the said equity tokens too. That alone did $150M+ in volume and generated over ~$1M in fees.

The only exchange live today where LPs get their yield in explicit notional USDC paid out in real time (people love that)

The first and only Solana perps exchange to push SVM scalability with @magicblock ephemeral rollup tech. Lowest latencies, zero transaction costs, a design we built from the ground up.

We took an exploit, limited the damage to ~$100K, concluded on the RCA and reached out to the team following responsible disclosure and came back live with all operations in under 24 hours having filled the hole to cover every single cent. Every user made whole. No excuses, no delays.

Followed up by building a systematic hardening system that stops a major exploit before it ever happens

Four years. No VC. Our own money, through the worst moment in crypto history. $22B in volume.

Call that whatever you want. We call it building the furniture of finance, fully composable onchain.

[Syed @Frost_8bit]

GTA VI 📈 . DYOR ! NFA!!!

[Jupiter @JupiterExchange]

🚨 BREAKING: $TTWO is now on Jupiter.

Take-Two tokenized stock is live on Solana today. 1:1 backed, redeemable, tradeable around the clock.

The GTA VI publisher, months before launch.

Made possible by @sunrise

[Syed @Frost_8bit]

@anza_xyz Let’s see how it goes https://t.co/2MRppBL3iJ

[Syed @Frost_8bit]

👀 Done

[Xoheb⚡️ @XohebS]

Have a solid submission coming up by @Frost_8bit

[Raashid @overage6051]

This tested us like never before.

Late evening, while most of us were with family, some at hospitals with loved ones even!

An unauthorised withdrawal hit us.

In minutes, the Flash team dropped everything. We paused the entire protocol almost immediately. No hesitation. Back at our desks, digging through the exploit, tracing every detail, and locking it down.

We worked through the night until 7-8am. No sleep. No breaks. Just pure focus to protect every single user.

Proud to say under 24hr:
✅ Trading was back live
✅ The lost funds were fully covered by the team
✅ Deposits & withdrawals resumed
✅ Systems hardened with the fix deployed

This wasn’t just code. This was everyone on the team choosing the community over everything else. The Flash team showed up when it mattered most.

Super honoured to build Flash with @XohebS @Mabrehan @allinbitcoin_ @AlchemizeOne @MightieMags @Crypt0Panda @Frost_8bit @m_a_zeeshan and the @magicblock team

We built Flash for transparent, fast, reliable perps on Solana, and yesterday proved we’ll always put safety and users first, no matter the personal cost.

Huge thanks to every beast who stayed calm and trusted us. We’re stronger because of you.

Welcome back. Let’s trade.

[Syed @Frost_8bit]

Huge!

[Jacob Creech @jacobvcreech]

4.2 release schedule is now available: https://t.co/UFwEKN3jUK

Features staged for activation in August:
- 200ms slot times
- Larger transactions
- Rent reduction

[Jacob Creech @jacobvcreech]

4.2 release schedule is now available: https://t.co/UFwEKN3jUK

Features staged for activation in August:
- 200ms slot times
- Larger transactions
- Rent reduction

[Flash.Trade | Perps on Solana @FlashTrade]

After a year of relentless chewing glass, Flash Trade V2 is finally live and sets a new benchmark for perps on @Solana

Flash Trade V2 brings a bunch of new features and tech achievements to the table that improves the UX for all traders.

Lets go over a few of them👇

[Syed @Frost_8bit]

@FlashTrade Flash ⚡️⚡️

[Flash.Trade | Perps on Solana @FlashTrade]

Flash Trade V2 is LIVE ⚡️

- sub 50ms execution
- 500x leverage
- 100+ assets
- fees as low as 2 bps
- one click trading

out of beta & unleashed
trade now → link in bio

[Xoheb⚡️ @XohebS]

New beginnings for @FlashTrade as we use @magicblock Ephemeral VM to supercharge all interactions with sub 50ms execution. This changes how users trade, mint/redeem FLP liquidity, stake/unstake FAF, and claim rewards.

[Anas ⚡️ @allinbitcoin_]

There is an incentivization program that's directly pushing all the open interest and volumes for the $SPCX perps.

@FlashTrade wont qualify for it bcz it's moving to a co-processor model which won't contribute to higher burning of Solana and we did bcz it was effecting our profitability and user experience at large.

[Syed @Frost_8bit]

@FlashTrade 🔥

[toly 🇺🇸 @toly]

🦾🦾🦾

[FOMO Magazine @fomo_magazine]

🗓️ APRIL: FLASH TRADE ⚡️

@flashtrade THE DUBAI EDITION 🇦🇪

GIVEAWAY: FLASH TRADE BEAST NFT ( 10 SOL ) 😱

Details below 👇

[Syed @Frost_8bit]

@magFOMO @flashtrade @AashrithBulusu1