𝗗𝗿𝗮𝗸𝗲 𝘅 𝗠𝗼𝗻𝗮𝗱
@DrakeExchange is a fully on chain perpetual DEX on 𝗠𝗼𝗻𝗮𝗱, combining the seamless experience of CEX with advanced trading features, limit order book execution, and backstop AMM liquidity putting the CEX in perpetual DEX.
Built by ex HFT and DeFi engineers, Drake pairs a full on chain order book with on chain matching, routing and AMM backstop for deeper liquidity and fast listings.
Key features: up to 50x leverage on ETH/BTC, funding rate earn vault for delta neutral USDC yield, cross & isolated margin, self custody and gas free trading.
Competitive edge: Chainlink low latency oracles, rigorous risk management, efficient liquidity utilization, easy onboarding and 100% on chain transparency.
Risk control: Auto Deleveraging (ADL) reduces extreme exposure by prioritizing closure of large/profitable positions during prolonged imbalances, ADL actions are logged in order history.
Accolades: Monad Madness NYC 2024 Finalist and 1st place Trading Track, Base Onchain Summer Buildathon 2024.
@monad@billmondays@mikeinweb@berzan@0xunahh@thisisfin_@be_kindplss@0xbobaa @Erkinovski
Curve Finance is coming to @monad on day 1 of mainnet
@CurveFinance is one of the biggest DeFi protocols in the world; a liquidity engine that’s been running for years, trusted across every major chain.
So, what is Curve?
Curve is a decentralized exchange built mainly for swapping “like-assets”, things like stablecoins, liquid staking tokens (LSTs), or wrapped tokens.
It uses a special AMM design to keep swaps cheap, slippage low, and liquidity deep.
On top of that, it runs on the famous veCRV system that keeps liquidity sticky and coordinated long term.
The numbers today:
• $2.58B locked in Curve
• $266B+ total trading volume over time
• $1.88B token FDV
Why this matters for Monad:
• Stable liquidity from day one: Better prices and tighter spreads on stables and LSTs
• Instant integrations: Perps, lending markets, and routers can plug into Curve immediately
• Trusted home for LPs: Funds and whales already know how to deploy size into Curve pools
• Better trading UX: Curve’s AMM and Monad’s speed means faster, smoother swaps with less slippage
This is the start of a massive momentum as regards DeFi on Monad, because wherever Curve shows up, the rest of DeFi usually follows.
@mikeinweb@be_kindplss@joydxofficial@erdincsekerim @Erkinovski @berzan@1stBenjaNAD