KIΣƬ

Trading Ξ & ₿

[Paradex @paradex]

https://t.co/w6sgEnr4Vb

[Paradex Foundation @ParadexFNDN]

https://t.co/HtsyGUHkeJ

[Paradex @paradex]

May I take your order please?

[KIΣƬ @SWOUP_]

@fumanchu6666 Geegees

[KIΣƬ @SWOUP_]

@fiddybps1 @DeribitExchange GAT DAMNNNN

[KIΣƬ @SWOUP_]

@fiddybps1 @irregbliskitten LETS

FKIN

GOOO

[fiddy.dime - priv/acc 🦡 @fiddybps1]

HL Vaults were Copy Trading 2.0. Paradex Vaults are the future of On-Chain Investment Management.

We’ve built v3 for Crypto Vaults, taking what Ribbon (v1) and HL (v2) started and evolving it into something far more powerful:

1. Spot, Perps and Options in a Single Vault
Previous vault versions were limited to single-assets and strategies. A Paradex vault can seamlessly combine spot, perpetual futures (perps), and options strategies in one vault, allowing users to diversify exposure without needing to manage separate vaults or accounts. This also means Paradex Vaults can accept multiple collateral types, such as BTC and ETH, in addition to USDC.
Adding spot and options to vaults unlocks an entirely new design space for yield generation—something we’ve not yet seen in DeFi.

2. Super Capital Efficient (Portfolio Margin)
Paradex is the first on-chain DEX to offer portfolio margin. This means that offsetting positions (long BTC, short perp), will require significantly less margin which means users can trade larger sizes with less capital.
This is a game-changer for Defi, unlocking MAX leverage across complex portfolios.

3. Vault LP tokens can be used as Collateral!
Every vault depositor receives an LP token for their share in the vault. What’s notable here is that the Protocol will launch a delta-neutral vault (long spot, short perp). The LP token from this specific vault will be granted synthetic dollar/collateral status —a form of native yield.
This means that users can use this synthetic dollar to deposit into other vaults or as collateral fro trading on the platform!!!💥💥. This essentially makes Paradex Vaults an on-chain version of Ethena where the LP token (sUSDE equivalent) can be utilized within the platform to compound yield and further trade without needing to move your assets off-platform.

4. Order Privacy (No Front-Running):
Paradex’s order-book is off-chain which means that Vault and Account orders are protected from front-running. This is pretty big improvement as front-running has been a significant pain point for vault operators, including notable names like
who previously closed vaults in part, due to front-running.

5. No Market Dumping on Withdrawals (Efficient Withdrawals)
We’ve built a withdrawal mechanism that ensures your positions aren’t market-dumped on withdrawal requests. Instead, withdrawals are processed through a temporary auxiliary account, letting users control the pace of an exit. This has two main benefits:

1) reduced slippage + more control for the user
2) slippage is not unfairly shared by other vault market participants

6. Configurable Fee Share:
This is one of the smaller improvements, but Paradex Vault owners can configure fee shares from 0-30%
-----------------

Roadmap:
Phase 1: Perps Only – launching in Sep
Phase 2: Options with Portfolio Margin – Nov/Dec
Phase 3: Spot with Multi-Collateral and Auto-Borrow/Lend – Dec/Jan

[KIΣƬ @SWOUP_]

@Kasperbit Only drinks

[KIΣƬ @SWOUP_]

@IamNomad think now they implemented so that man can also make the first move. That is, if you match lol

[KIΣƬ @SWOUP_]

@Kasperbit heel mooi

[KIΣƬ @SWOUP_]

@fiddybps1

[Paradex @paradex]

Paradex has landed in Tokyo! 🇯🇵

Thank you, frens, for hosting us @PythNetwork at Pyth Dev Demos today.💜

Tomorrow we'll be throwing our drinks at @groove_on_x. Make sure you sign up, some exclusive swag is there to be earned. 😏

🔗Sign up here: https://t.co/FvQCiEQNxc

[Paradex @paradex]

GM, Japanese frens! 🇯🇵

Paradex is throwing our first-ever Tokyo event on July 30!

Why pull up? We're doing something mega exclusive... 🥁

We're dishing out one-time exclusive OATs for event homies, plus dropping some slick limited edition Paradex swag. Oh, and we're also raffling a few of those rare @shizocollective NFTs.

Sign up here: https://t.co/tCh2KpfwIA

Be there or get rekt!

[Nonc3.dime @noncesensicalll]

https://t.co/3xFLIT66DN

[fiddy.dime - priv/acc 🦡 @fiddybps1]

A few weeks ago, several community members complained that the funding rate for several altcoins on @paradex was too high and too volatile, eating into user PnL and making it difficult to keep a position open.

Turns out that the community, as always, was right 😊

The chart below clearly shows that the Paradex rate was significantly higher and more volatile than the top tier CEXs

The good news is that since then we’ve applied two fixes that stabilize the rate and makes Paradex rates more in-line with the market even when there isn't much liquidity.

One of the most gratifying experiences as a builder ⚒ is when you are able to solve problems for the community and delight them along the way ❤️🙇

P.S. For the more technically inclined, the two fixes are in the thread below 👇

[KIΣƬ @SWOUP_]

@Kasperbit No

[KIΣƬ @SWOUP_]

@Kasperbit Take a measure bro

[KIΣƬ @SWOUP_]

@HedgeUX 🐐

[KIΣƬ @SWOUP_]

@Kasperbit send me your seed phrase first :3

[KIΣƬ @SWOUP_]

@Kasperbit Am I autistic enough you recon?