@crispheaney wdyt about humidify working on the validator side of things ? How could the validator optimal decision interfer with the MM validating updates optimal decisions ?
You're currently getting paid 16% PER DAY to be long $ORCA on Binance. 6% per day on Phemex. $xORCA is at 25% discount vs 7d redeem value, ie 3.1% per day.
Someone looks in distress. I saw the upbit hack a few days ago but if someone has a narrative I'm curious !
I'm competting onchain on SOL with an arber on a very small market. He saw that I'm here and started being more aggressive, reducing the size of the cake we could share. How to send a message saying I'm friendly and we can deescalate haha
@chameleon_jeff When there is no liquidity at all ( or no insurance fund to cover bad debt?) then ADL is triggered. Basically the HLP was too small for absorbing the liquidations. I might be wrong and will be happy to be corrected.
This thread helped
https://t.co/NI18bQCIen
1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell โAuto-Deleveragingโ means, hereโs a quick and dirty primer.
What is ADL? How does it work? And why does it exist?
@chameleon_jeff Answering my question hopefully it helps feel free to correct : ADL is the very last layer before insolvency and is needed for Every platform. Bad debt can be created when there is liquidity in the order book, just not at the price of liquidation of the user to liq.
Tokenized equities on @Solana
xStocks are bringing Nvidia, Tesla, Circle, Strategy (MSTR), and SPY onchain, revolutionizing internet capital markets for everyone, everywhere; faster and fairer than the traditional systems
Raydium is the hub for tokenized equities on Solana
Im looking to share a private grpc endpoint with an individual or a team to mitigate costs, anyone interested ? My data consumption is small but I need a latency performant data source. Let me know fam
$FTRX