balac

alpha sigma degenerate and a bit of a shit eater

[r @ruslan55x]

Promising new Perp DEX

Today I want to talk about @risextrade. The project launched literally a month ago, and the current metrics are:
- $2.7M TVL
- $500M cumulative volume
- $2.4M open interest
- 2,500 traders

Backed by: @VitalikButerin + @StaniKulechov + @galaxyhq + @coinbase

Building on their own L2 chain - @risechain, which just launched their native stablecoin - $USDR, 100% backed by US Treasury bills

Already features include:
- AutoYield on collateral
- Portfolio margin
- Fully onchain orderbook perpetuals with CEX like speed + DeFi composability

Currently invite only

DM me - will provide invites to everyone!

[balac @captd0pe3]

@ruslan55x 🤭

[balac @captd0pe3]

🌊🌊

[r @ruslan55x]

Next @HyperliquidX?

Many people say "No second best" and I’m not saying anyone will replace it. But some projects clearly have similar vibes

Today I want to mention @pacifica_fi again, and why it reminds me of HL:

Most noticeable:
- No VC
- Strong team background (@ConstanceWaing previously worked at FTX)

FTX was basically a pioneer that @chameleon_jeff looked up to when building Hyperliquid

But personally, what I also notice is the silent building. Team keeps shipping strong updates (AI Agent, Unified Margin, Vaults added today)

I found HL back in October 2023, almost at the earliest stage and it was the same pattern: update after update, perfectly aligned with what the market needed at the time, but without much hype until a certain point

Now it feels very similar with Pacifica

Also mentioned in the docs that the team eventually plans to build their own blockchain which is something HL did as well

Let’s watch!

Use my referral link and get a +5% point boost: https://t.co/tvhsecNYrI

Image by @NBA__trey

[balac @captd0pe3]

@ruslan55x @01Exchange love it!

[balac @captd0pe3]

@ruslan55x @01Exchange @terminaltrading 01 🔝

[balac @captd0pe3]

@ruslan55x @01Exchange im farming 01 as well

[balac @captd0pe3]

@ruslan55x @pacifica_fi @01Exchange 🌊

[balac @captd0pe3]

@ruslan55x @Dreamcash @HyperliquidX @Lighter_xyz @Backpack gDreamcash

[balac @captd0pe3]

@ruslan55x @Dreamcash Hyperliquid

[balac @captd0pe3]

@ruslan55x @HyperliquidX @Dreamcash one of the best dapp on hl

[balac @captd0pe3]

@ruslan55x @Bulletxyz @Tristan0x @Louround_ gBullet

[balac @captd0pe3]

@ruslan55x @pacifica_fi gPacifica 🌊

[balac @captd0pe3]

@ruslan55x @pacifica_fi 🌊🌊

[balac @captd0pe3]

@ruslan55x @pacifica_fi gPacifica

[balac @captd0pe3]

@ruslan55x @pacifica_fi 🌊

[balac @captd0pe3]

@ruslan55x @pacifica_fi 🌊🌊

[balac @captd0pe3]

@ruslan55x @pacifica_fi 🌊🌊

[balac @captd0pe3]

@ruslan55x @pacifica_fi 🌊🌊

[balac @captd0pe3]

@ruslan55x @pacifica_fi @Polymarket 🌊🌊

[balac @captd0pe3]

@ruslan55x @pacifica_fi @Polymarket 🌊🌊