When your 10x long BTC/USD prints AND your shitcoin collateral Pumps:
RAVE’s quanto perpetuals are designed so that you can trade perps using altcoins directly as collateral and PnL in the hottest markets like BTC/USD and ETH/USD
that means:
✅PnL is settled in altcoin units, not USD. Win or lose, you receive (or lose) more units of your collateral token, letting you stack more if both pump.
✅PnL is based on the market you trade, not your collateral’s price. Your chosen market (e.g., BTC/USD) dictates PnL in altcoin units—if BTC pumps x%, you get x% more altcoins. No liquidations from collateral price swings.
This is huge 👏
Excited to see @Starknet, an ETH L2, now supports both Ethereum and Bitcoin!
Bitcoin DeFi is continuing to capture mindshare and adoption🚀
They're also establishing a Bitcoin Strategic Reserve for the protocol which further cements Bitcoin as a reserve asset!
#Bitcoin
For bullish scenario I'd want to see a reclaim of $86,200
Until then would still have to consider bearish scenario as more likely of the two but good to have levels marked out so ready for anything.