dima | N1

Cofounder and CEO of @N1Chain

[dima | N1 @dima_null]

https://t.co/XYYIb6sqkY

[dima | N1 @dima_null]

Has anyone done user churn analysis on Hyperliquid vs Lighter to see how big of an impact 0 fees have?

[david @davidfucius]

We're beginning to open up conversations for early access to closed alpha for Prime.

Get in touch today to learn more!

https://t.co/hjpm3kKEb9

[dima | N1 @dima_null]

are @catalystapp and @GTE_XYZ offering the same product?

[dima | N1 @dima_null]

Looking for someone to help with trader relations.

If you are or know someone who:
- Has high integrity
- Has extensive trading experience and knows perps inside and out
- Is passionate about product
- Connects easily with people

Reach out!

[dima | N1 @dima_null]

Startups are hard. Exchanges are hard. Over the past few years, I've watched many talented teams shut down and friends walk away from years of work. It's difficult to see, especially knowing how much everyone in this space puts into it.

Paradoxically, the opportunity has never been greater, yet the competition has never been fiercer. We're more excited than ever about the next chapter of N1 and N1 Prime, and everything we're working toward.

But in the meantime, we wanted to make a small gesture for those affected by recent closures. If you're looking for a new place to trade, my DMs are open.

[N1 @N1Chain]

Looking for a new perp venue?

If your previous platform recently shut down, get a 10% N1 Points boost for your first two weeks of trading.

Trade on web, iOS + Android.
https://t.co/YEgJRsr0UU

[N1 @N1Chain]

Looking for a new perp venue?

If your previous platform recently shut down, get a 10% N1 Points boost for your first two weeks of trading.

Trade on web, iOS + Android.
https://t.co/YEgJRsr0UU

[dima | N1 @dima_null]

People are dancing on mathematicians’ graves way too much. They’re among the few people who will actually be able to understand and verify AI-generated proofs.

If humanity decides to go on autopilot and blindly trust AI, we’re all far more fucked than Terence Tao

pic unrelated

[david @davidfucius]

There are few pivotal moments in the history of the product of “the market” that really changed things up (introduction of leverage and margin, novel matching mechanisms, funding, etc).

And i strongly believe that prime will be the next step wise structural change to the way markets work.

[dima | N1 @dima_null]

All of our videos are made in house btw.

[and we dont have a designer on our team either]

[N1 @N1Chain]

Introducing N1 Prime.

Liquidity across exchanges, connected through N1.
Deeper books. More size. Tighter prices.

Launching soon.

[dima | N1 @dima_null]

just a note: N1 Prime is not an aggregator it's an exchange with built in Prime brokerage. unlike aggregators that route your trades elsewhere, N1 keeps execution on its own markets while makers reuse collateral and hedge across venues to supply liquidity here.

[hariesh.ink @krishhariesh]

@N1Chain That’s great !!! Is it different from aggregator !?

[N1 @N1Chain]

Introducing N1 Prime.

Liquidity across exchanges, connected through N1.
Deeper books. More size. Tighter prices.

Launching soon.

[dima | N1 @dima_null]

buybacks seem to only make sense if a substantial % of your token holders are users, because they can help onboard more users. If that’s not the case, it’s essentially a waste of money.

and imo, that explains why different “buyback tokens” perform so differently from each other.

[dima | N1 @dima_null]

Over time, I’ve realized that focusing too much on competition can be detrimental. If you base your strategy on what someone else is doing, you often inherit the flaws in their approach too, even when you’re trying to improve on it.

It’s like trying to outrace someone to a destination without realizing it was the wrong destination to begin with.

[dima | N1 @dima_null]

@CristianCatlan @N1Chain https://t.co/Mb9nXspxVN :)

[dima | N1 @dima_null]

Ostium's margins breakdown says a lot about the economics behind perp dexes.

You can generate billions in volume and still keep very little in the end. That also explains the constant fundraising, even among exchanges with high eight figures in "profit"

Only a few exchanges in the world can sustain both deep liquidity and good margins.

I don't think we get another leading exchange w/o changing the economics of liquidity

[dima | N1 @dima_null]

@cantinasecurity Sick!

[dima | N1 @dima_null]

Small visualization:

[dima | N1 @dima_null]

https://t.co/Vt58S9ehCn

[dima | N1 @dima_null]

@tenkoghost1 @N1Chain The more interesting trade is going long a card and short the index to get market-agnostic exposure

[dima | N1 @dima_null]

https://t.co/Vt58S9ehCn

[dima | N1 @dima_null]

@lokpray The better question is whether we’re getting 4 new hedge funds out of it

[dima | N1 @dima_null]

4 people working on alignment at OAI left today.