Dragons 🐉, next airdrop phase has begun, rewards from @Arbitrum STIP to $HLP are BOOSTED 🟢
$HMX and $HLP holders are now eligible for:
🔸 HMX's revenue paid in $USDC
🔸 $HMX rewards from STIP
If you've claimed already, you're welcome to once more 🎁:
https://t.co/IJVohwyXIW
Dragons 🐉, @HMXorg's upcoming feature will soon enable us to list perpetual contracts of mid to lower cap tokens without compromising any securities to $HLP 🛡
That being said, which top assets are you most excited about trading at $HMX? 👀
Comment below! 👇
Dragons 🐉, the weekly distribution of #realyield is in! 📥
🪙 $HLP: 34.47% APY
🔹9.49% APR in $USDC
🔹8.51% APR from $GM (BTC & ETH)
🔹7.83% APR in $ARB (STIP)
🔹3.77% APR in $esHMX
🪙 $HMX / $esHMX: 58.07% APY
🔹8.77% APR in $USDC
🔹37.04% APR in $esHMX
🪙 $TLC: 14,000 $esHMX ($100K) distributed to T2E program participants
Earn now 🔽:
https://t.co/y29Ygls1DM
Steak Panel: Perpetuals
Don't miss our Twitter Space this Friday with:
• @muxprotocol
• @HMXorg
• @vertex_protocol
• @HyperliquidX
We'll discover what these protocols are planning and who might become the sector leader among them.
Set your reminder in the Tweet below👇
Big s/o to @HMXorg for sponsoring our Free Trading Congress #5🎉
$HMX - @arbitrum DEX, offers cross-margin, multi-asset collateral support, up to 1000x leverage on 3 assets📈
$HMX traders enjoy UI/UX of a CEX while benefiting from decentralization 🛡
Trade on https://t.co/MlhCeYnCyw
While @HMXorg is a DEX, it offers a user experience that rivals CEXes and more!
🔸 Multi-asset collateral
🔸 Cross margin
🔸 Self-custody
🔸 Live trade-to-earn program (~$110K weekly)
🔸 Low fees
🔸 On-chart trading
🔸 API Integration
It's time to take your trades on-chain, dragons! 🐉
Trade limitless 📈:
https://t.co/iwn74OFU2C
Numerous exploits have exposed the vulnerability of on-chain perpetual DEXes to market manipulation 🦹🏻
At @HMXorg, the security of users' funds is our utmost priority. To safeguard $HLP depositors against such events, we have implemented multiple mechanisms:
1️⃣ Adaptive Pricing: Our Adaptive Pricing mechanism adjusts the oracle price by applying a premium or discount based on the resulting skew between the long and short open interest of the asset after a transaction is executed. This means that attempting to build a large position in one direction at HMX will incur a discount/premium, significantly increasing the cost of any potential exploit and making it unprofitable for the malicious actor.
2️⃣ Auto Deleverage (ADL): Each trading position has an in-profit price target, at which point the position is automatically closed for users. This serves to limit downside risks for LPs (liquidity providers). The ADL price is determined by the initial margin requirement and is specifically set to strike a balance between risk for LPs and attractiveness for traders.
3️⃣ Open Interest Limit: Each market has its own open interest limit, separately defined for the short and long sides. This limit determines the maximum ongoing open interest that each asset can have on either side. When this limit is reached, new open interest positions are no longer permitted.
Next week, @HMXorg will be introducing a new feature to further enhance our protection against price manipulation exploits. With this upcoming feature, HMX will be able to list a wider range of small to mid-cap crypto assets without compromising fund security 🛡
Stay tuned, Dragons! 🐉
The $ARB rewards from @Arbitrum STIP to $HLP are now LIVE 🟢
If have deposits in $HLP, you will now earn:
🔸 GMX's revenue (from $BTC & $ETH GM pools)
🔸 HMX's revenue paid in $USDC
🔸 $esHMX emission rewards
🔸 $ARB rewards from STIP
Claim here 🎁:
https://t.co/rKB9ow39bi