Hundreds of millions of dollars have been processed through the Nomina Trading Terminal
Funding rate arbitrage was just the first of many specialized strategies we will offer to traders
As the onchain economy grows, so will Nomina
$22,000,000,000,000 is managed by OEMS platforms
But today, there is no onchain equivalent
We are building the world's first permissionless OEMS to unify trades across the entire onchain economy
https://t.co/VzFdYJw0iv
Now live on Nomina: TradeXYZ
Equity arbitrage opportunities are now available between @Lighter_xyz and @tradexyz.
HIP-3 markets are just beginning, but TradeXYZ has already driven over $8,600,000,000 in volume.
Let us know which HIP-3 market you want us to integrate next ↓
It's now been 9 years that I've been a founder in the crypto space.
Roughly 10 months ago I think everything changed.
@HyperliquidX broke the collective hallucination this industry was living in. This breakdown is showing itself in slow motion in one extremely simple way: the current altcoin market conditions.
What does an industry do when nearly every single top altcoin makes absolutely marginal revenue in relation to their multi-billion dollar valuations, and then 1 single project comes along and shows it all was a facade?
I think the first thing it did was denial.
People had significant capital invested in projects that generated no value. We were all living in this distorted reality where somehow something can be worth billions, yet it is hard to precisely describe the value it brings to the world.
Therefore there was significant financial incentive from millions of altcoin holders worldwide to propagandize their existing bags, and they did exactly that.
However, you can delay the market becoming rational but you cannot forever avoid the arrival of market participants capitalizing off mispriced assets.
We are seeing this play out in slow motion right now. We have had almost a full decade of convincing ourselves that these networks are somehow different, and don't need to actually generate quantifiable financial returns downstream of their operations.
At this point I can say the following with complete confidence: it is inevitable that crypto projects with poor economics that generate little revenue will die. It does not matter how strong their community is.
All of this happened while I found myself as a founder of a network that specifically had failed to generate sizable revenue. That project was called Omni Network.
I've always worked on interoperability, chain abstraction, whatever you want to call it. It's just been clear to me since 2017, since the founding of my first company and my final year at Harvard that it's too difficult for people to actually work across the onchain financial system.
Omni was an attempt to fix this. Transparently, it mostly failed.
We had a lot of projects build on us during testnet (later we realized this was not because of the product, but because people thought we were good at marketing and wanted to get amplified) and as we had launched mainnet it was grueling trying to convert projects to mainnet deployments.
So in May of 2025 I found myself as the cofounder of a project that simply can be described in many ways as the opposite of @HyperliquidX. Little usage, little revenue and no PMF.
Seeing the amount of revenue that Hyperliquid was able to generate as a blockchain made it very clear the standard had been elevated and the project needed to achieve PMF or it would die.
Downstream, I stopped behaving like a more traditional crypto founder that writes posts optimized for crypto twitter and tries to generate hype around his project to incentivize other builders to launch on his platform.
Instead, I worked in a more traditional non-crypto founder way and defined a hyper specific customer segment and talked to hundreds of people that fit that mold. Specifically people who have a net worth of $400k - $2m and make multiple onchain transactions per day.
This started in May of 2025, and it took about 4 months for us to clearly understand the problems that segment was experiencing and deliver the first version of our product that had a clear path to substantial revenue.
This is when we officially pivoted to Nomina publicly.
It's been 6 months now and I think the traction we have built has definitively proven the hypothesis: that this customer segment is willing to pay substantial amounts of money not only for superior onchain execution, but simply for it not being a huge pain.
Onchain markets are still incredibly immature, and if you're coming from traditional finance trading these markets feels absolutely primitive.
Many people currently think of Nomina as a trading terminal, but the goal really was to prove out the hypothesis that people would be willing to pay for simplified execution of trades across multiple platforms.
Moving forward, less of our work is going to be on the terminal as that was primarily a way to validate this hypothesis.
What people primarily care about is the core engine that abstracts away all the nuances of each venue. They just want to talk to one system and place their transactions.
We're going to be expanding our work and launching products on top of the core engine we have built, and as time progresses the unified API will be available for early build partners to launch their own businesses.
Altcoin markets will continue to get pulverized. Almost every single project in this industry has absolutely hollow economics.
However, if you look carefully there are a few projects out there right now that are actually making incredible progress despite the market conditions and will be the key winners over the next bull cycle.
Today we are publishing the new whitepaper for the Nomina Network and the corresponding $NOM token.
We processed over $350,000,000 in volume during our private beta stage, and this whitepaper outlines the future roadmap you can expect as the network scales.
Link below ⬇️
Refining strategies requires reviewing complete execution history. Nomina maintains full records of every position opened, every outcome recorded. Analyze, improve, repeat.
Funding arb profitability depends on exit timing. Nomina calculates breakeven based on current PnL, projected close fees, and live funding spreads. Know when the strategy pays before closing. Trade smarter, not harder.
High-level strategies require high-level risk management. Nomina monitors orphaned legs in real time and auto-closes within seconds. Built for traders who can't watch positions 24/7. Trade safer with Nomina.
Advanced strategies were built for institutional desks with dedicated ops teams. Nomina handles the execution complexity, risk monitoring, and data aggregation. High-level trading, direct access.
Delta-neutral funding rate arbitrage is one of the most underrated (and profitable) opportunities right now
Since the Perp DEX meta has taken shape over the last couple of months I’ve been consistently profiting from taking advantage of these inefficiencies
I recently got exclusive access (closed beta) from @Nomina to their platform and it completely automates funding rate arb deployment and strategy management, the edge you get over manual deployment is massive
Nomina can be used for one-click deployment of delta-neutral funding rate arbitrage strategies. Currently it supports @HyperliquidX , @Lighter_xyz , @extendedapp & @tradexyz (I expect many more to come)
Some valuable features:
-Implemented opportunity dashboard showing a live list of current funding rate opportunities with analytics (APR x Max Leverage, Price spread, historical APRs)
-One-click deployment through market or one-sided limit orders (incl. additional configuration like slippage, SL/TP management for liquidation protection etc.)
-Position management and analytics (est. close PnL, breakeven time, duration)
-TG bot with position alerts
My favourite feature:
-Auto-close orphaned legs: You can set limit orders on both sides and as soon as one hits the other one will close through a market order, this way you always protect your delta-neutral position without having to worry about one-sided token exposure.
My wishes for future features:
-Automated strategy deployer (automatically deploy strategies to the highest yield pair if a certain custom APR or configuration is reached)
-Pre-deployment analytics estimates (breakeven time, expected opportunity window time based on previous arbitrage of the same pair)
The Perp DEX space is continuously getting more crowded, a trend that will continue and possibly accelerate in 2026. This leaves more room for market inefficiencies and mispricings. Different funding rates and price spreads can now easily be used to generate high yields without manual deployment and management through Nomina. I expect this platform to play a large role in the current Perp DEX meta, which is showing no sign of slowing down anytime soon.
One of the biggest asks from our testers is visibility into how Nomina helps them earn points.
Ahead of more DEX integrations, we're building features that show:
- estimated points before deploying strategies
- points earned post-execution
- PnL that includes points value
We're making the most complex trading strategies accessible to any user determined to execute at the highest level.
Not reserved for institutions. Not out of reach. Just powerful tools for those ready to scale, and scale quickly.
That's our endgame.
i recently got early access to @Nomina
it's a platform designed for funding arbitrage supporting @HyperliquidX, @tradexyz, @Lighter_xyz and @extendedapp
as you can see it displays the best arbitrage opportunities in real time and from what i know features like auto switching pairs and other custom rules are coming
Timing is everything in funding rate arbitrage.
That’s why every open strategy on Nomina includes an estimated time to breakeven based on:
• your current PnL
• projected close fees
• live funding rate spreads
This year, we set out to empower the first movers driving today's rapidly evolving onchain economy.
We’re grateful to everyone building with us, and we'll keep forging a future where every user has the tools to scale modern financial systems.
Much more to come in 2026.