Paraclr

Liquidations, auctioned. A perps clearinghouse on @Monad: per-block auctions, 8 conflict-free lanes and a live solvency proof.

[Paraclr @Paraclr]

Liquidation shouldn't be a gas race.

Paraclr turns it into a per-block Dutch auction, in 8 parallel lanes on @monad.

Measured on testnet: 28% less taken from traders. 0 vs 49 cross-lane dependencies.

Our Monad Metropolis entry: https://t.co/vZ4LKG2Rss👇

@0x_eunice @spicytaco

[Paraclr @Paraclr]

Submissions closed, and people are already trying Paraclr. 👀

New wallets trading on @monad testnet, and 3 market crashes in the Arena we didn't run ourselves.

Liquidations, auctioned by the block.

Your turn: https://t.co/59SWy1ExPZ

. @0x_eunice @spicytaco @d3t3 @typedarray

[Paraclr @Paraclr]

880 builders, and we're proud to be one of them.

Paraclr: liquidations, auctioned by the block. 🟣

[Eunice | Monad Foundation @0x_eunice]

880 project submissions to Metropolis, highly auspicious!

https://t.co/2zAm2dpkWc

[Paraclr @Paraclr]

@0x_eunice Proud to be 1 of 880. Fair liquidations, built for Monad.

[Paraclr @Paraclr]

Submitted to Monad Metropolis. ✅

Paraclr: perps where liquidation is a per-block auction, not a gas race.

Live on @monad testnet, 8 parallel lanes, every number measured.

Now we keep building. Crash it yourself: https://t.co/59SWy1E00r

[Paraclr @Paraclr]

@symplyKen @monad @0x_eunice @spicytaco @pareen @monad_dev Appreciate

[Paraclr @Paraclr]

Liquidation shouldn't be a gas race.

Paraclr turns it into a per-block Dutch auction, in 8 parallel lanes on @monad.

Measured on testnet: 28% less taken from traders. 0 vs 49 cross-lane dependencies.

Our Monad Metropolis entry: https://t.co/vZ4LKG2Rss👇

@0x_eunice @spicytaco

[MrNetwork @encrypt_wizard]

I've watched too many traders get liquidated by a gas race they never had a chance to win.

The fastest bot lands first, takes a fixed penalty, and the trader pays it no matter what the market would actually have charged.

So at @NetLayerLabs we built Paraclr, where liquidation is a per-block Dutch auction instead of a race.

The discount starts at zero and rises every block, and whatever the auction doesn't need goes back to the trader.

Every account lives in one of 8 lanes with its own storage, so a crash in one lane never touches another, exactly what @monad's parallel execution rewards.

We measured it on Monad testnet: 28% less taken from traders, and 0 vs 49 cross-lane dependencies against a shared-state build.

It's live now, so go crash the market yourself and tell me what breaks. 👇

. @monad_dev @pareen @0x_eunice @spicytaco

[Paraclr @Paraclr]

@FaithMma @monad @0x_eunice @spicytaco @pareen @monad_dev Thank you, Faith

[Paraclr @Paraclr]

@jennyoliver57 @monad @0x_eunice @spicytaco @pareen @monad_dev Thanks

[Paraclr @Paraclr]

@xynetech @monad @0x_eunice @spicytaco @pareen @monad_dev Appreciate you

[Paraclr @Paraclr]

@Datweb3guy @monad @keoneHD @harpaljadeja @pareen @0x_eunice @libraticlex coming soon...

[Paraclr @Paraclr]

Onchain trading is one side of Monad's barbell. Its weak spot: liquidation is a gas race, and the trader pays.

Paraclr turns it into a per-block Dutch auction on @monad.

On testnet:
• 28% less taken from traders
• 0 vs 49 cross-lane conflicts

Coming soon. @keoneHD

[The Rollup @therollupco]

FULL CONVERSATION: The Monad Institutional & Onchain Trading Barbell Thesis Is In Full Swing

@keoneHD @keoneHD @robbieklages

Timestamps:
00:00 Intro
01:30 Monad Needs Both Sides Of The Barbell
03:45 Keone Refused To Cut Corners From Day One
05:23 Privacy And Composability Cannot Coexist Yet
06:07 Speed Is Everything Lesson From Mainnet

[Paraclr @Paraclr]

@crypt_charles @monad @keoneHD @harpaljadeja @pareen @0x_eunice @libraticlex always

[Paraclr @Paraclr]

@monad 👀

[Paraclr @Paraclr]

Closed a SOL long on Paraclr. +6.8%, bag secured, touching grass.

Every closed position now gets a card like this: entry, exit, PnL, and the meme it deserves. Share it or keep it.

Monad testnet, test funds. Mechanism is real.

[Paraclr @Paraclr]

Every auction needs someone on the other side when the market is falling hardest.

On Paraclr each of the 8 lanes has its own backstop pool.

It takes underwater accounts at a known discount and inherits the risk.

No APY promises, just the discount it earns.

[Paraclr @Paraclr]

@monad Keeping the address while upgrading the keys is the right call. Positions, margin and history all live at an address. Nobody wants to migrate that.

[Paraclr @Paraclr]

@encrypt_wizard @monad @monad_dev @0x_eunice @monad_eco stay tuned on whats coming

[Paraclr @Paraclr]

Most perps liquidate you "first bot wins": a fixed fee, decided by who pays the most gas.

We're building it differently: a per-block auction, where you keep the equity the taker isn't paid.

Paraclr. Fair liquidations, cleared every block. Soon on @Monad.

[Paraclr @Paraclr]

@cryptolife_only @monad @monad_dev yes

[Paraclr @Paraclr]

Liquidations on most perps are a race: the fastest bot wins, and the trader pays a fixed penalty either way.

Paraclr prices them with the block clock instead.

A Dutch auction per account, and the trader keeps whatever equity the taker isn't paid.

Built for @Monad.