V2 is cooking 🛥️
Back to back days with $3M volume
Back to back days with 15,000 trades
Back to back days with $500k open interest
But we want more…
Faster 🏎️
Cardano is getting new trading instruments that could bring fresh capital into the ecosystem 👀
Using @strikeperps you can now trade $NVDA with up to 20x leverage.
On @AscendPerps testnet you can trade $NVDA and $TSLA price probabilities
This is financial infrastructure that brings global markets to us.
The more markets Cardano can support, the bigger the overall addressable market becomes.
TRADE EVERYTHING, on Cardano 🔥
I stopped using CEXs for perps.
No more "not your keys." No KYC. No withdrawal games.
And I STILL get <1s execution + up to 40x — fully on-chain.
It's Strike Finance, on Cardano. A thread on why it's different 🧵👇
@strikeperps And unprecedented revenue share model.
100% of revenue going to stakers. Almost all tokens in circulation.
And the team stakes like everyone else to earn from the platform.
With $STRIKE everyone is in the same boat.
And the boat is a yacht!
Strike is a success story for Cardano and we need more of those.
It isn't a coincidence that the price of $strike has gone parabolic.
They have been working hard to improve, grow and scale every single day for over a year now.
They are consistent, professional and focused.
Pair that with the fact that they built something people are actually using, that there is demand for - today - and you have a massive winner.
$STRIKE update:
The flight to escape the bear market flood continues. $STRIKE has held up valiantly here, backed by strong revenues and increasingly active trade volume.
This is what I see when I look at the charts lol. Thanks to $STRIKE, I've protected a significant portion of my portfolio from downside risk.
Anyway, if it mimics the first ascent a year ago, $STRIKE goes to 25 $ADA. This is probably going to be because of $ADA going to 15c, and the Cardanzo and Solana communities rotating into $STRIKE to protect themselves from the continued bear.
The Cardano ecosystem has been going through hard times lately, but the builders are still building. A lot of you have been asking us to add $STRIKE from @strikeperps.
Should we add $STRIKE to UEX with:
→ Buy with PayPal, Zelle, or credit card
→ Savings Rewards at 3.5% APY
→ Loans up to 90% of portfolio value
Drop your answer in the comments ⬇️⬇️⬇️
$STRIKE is breaking out once again.
New buyers are finally waking up to Strike.
Supply shock hasn't even started yet.
How many more times are you going to convince yourself not to buy? 👀
10 ADA next.
Screenshot taken from @BendingData
🚨 Official Notice 🚨
Today we publicly announce we’re submitting a Cardano treasury withdrawal proposal to supply 7.5M ADA to our protocol.
The term is one year and the proposed full amount plus all yield will be returned to treasury.
Overview: 🛥️ https://t.co/pLGdqEHiRs
🚨 BREAKING: $STRIKE token becomes 2nd largest token on Cardano by market cap as protocol activity soars, now only trailing NIGHT.
STRIKE needs to ~18x to become Cardano’s largest token.
Current price: 5.65 ADA
Current USD market cap: $30M
USD ath: $50M
Unicorn or bust.
Can’t speak for the the rest of the industry, but we’re in one of the best places as a protocol and community to take over and dominate the industry over the next couple of years.
We have a product with huge stickiness that’s getting better each day, multiple growth avenues, making a ton of profit for holders and liquidity providers, backed by our team which (hopefully) has proven to be one of the most competent in the world.
Team has been extremely responsible financially, holding reserves in USD, taking modest salaries, and now sitting on a DAO with the community worth 25M ADA.
Markets have been tough and they could get tougher. But we’ve positioned ourselves beautifully to keep building for years to come and remain aggressive.
Higher.
Cardano has entered its post-subsidy phase.
It will be challenging; many will exit, but I believe it's the only way forward.
We can't continue subsidizing businesses with Treasury funds that lack a sustainable business model.
Relying on broad funding aka subsidizing every idea has failed; instead, we should focus on supporting builders who operate profitably or are clearly on the path to PMF.