elsitoo

DeFi research | perp DEXs, airdrops, yields & onchain opportunities

[elsitoo @elsitoooo]

@premsharmaonly @arcus_xyz there you go https://t.co/q2Thwiiwv5

[elsitoo @elsitoooo]

How I'm farming Arcus points with SPY while maximizing volume, optimizing margin, and taking advantage of RWA and after-hours boosts. https://t.co/IoW8e5obtH

[elsitoo @elsitoooo]

9.30 points on @arcus_xyz this week, great costs so far.

• $129.2k SPY volume
• $63.5k after-hours volume (49.2%)
• ~$7.1k OI
• $3.28 in trading fees

Now sitting at 41.14 points with just $14.70 in total fees. That's around $0.36 per point since I started.
Pretty happy with how efficient this SPY farming strategy has been so far. Wonder if anyone's managing to get their costs even lower.

arcus: https://t.co/JiY3fhAiuV

[elsitoo @elsitoooo]

@Absoluto92 @extendedapp Are you going to stake a portion or full dump at TGE?

[elsitoo @elsitoooo]

A few things worth knowing before claiming your $XTEN airdrop on @extendedapp.

You can send your entire allocation to another Extended account, but be careful, you only get ONE chance to choose the receiving account. Both accounts also need to pass the eligibility checks.

Also, you don't have to accept the terms today, but there's a catch.
Sign before TGE and you'll receive your tokens before trading starts. Sign afterwards and you'll get them on a rolling basis instead.

The deadline is December 31. Anything left unclaimed goes straight to the Ecosystem Fund.

[Extended @extendedapp]

The XTEN allocation checker and T&Cs are now live.

Eligible Xpoints holders can sign the Terms in the Extended app to see their XTEN allocation.

Signing window: 11 November 2026 to 31 December 2026, 23:59 UTC.

Starknet accounts must nominate a self-custodial EVM wallet with an active Extended account to receive XTEN. The TGE date will be announced separately.

Sign only in the Extended app: https://t.co/riPx2R5PKQ

[elsitoo @elsitoooo]

@linenmito @variational_io Do you use 2 account to hedge your positions or do you hedge on other venues?

[elsitoo @elsitoooo]

@x256xx These prices are good enough to start building a position

[elsitoo @elsitoooo]

I might be in the minority here, but I actually think launching $XTEN right now could be one of the best moves.

Everyone wants TGE when the market is pumping, but think about it. Sentiment is already terrible, alts have been getting destroyed and plenty of farmers are just waiting to dump their airdrops.
Why not get all that selling pressure out of the way while crypto is potentially finding a local bottom?

Imagine $XTEN absorbing that initial sell pressure just as the broader market starts recovering.
Add buybacks, potential new partnerships, listings and actual trading demand, and you could have a pretty decent setup for a sustained recovery instead of the usual post-TGE bleed.

I'm getting tired of the idea that launching into a bearish market is automatically a disaster.

[elsitoo @elsitoooo]

23.6 points on @risextrade this week. Pretty happy with the results tbh.

• $208k volume
• ~$10.5k OI
• ~ $8.8k volume per point

All delta-neutral, hedging BTC and ETH against Variational and taking advantage of funding/spread differences whenever possible.
How are my numbers? What are yours?

https://t.co/R5yKvfH800

[elsitoo @elsitoooo]

ARCUS HACKED FOR $2.2M

Pretty much one of the worst headlines a perp DEX can have.

Apparently someone exploited a subaccount accounting bug and managed to withdraw $2.23M. Another $3M was blocked by the bridge limits.

At least @arcus_xyz says they've covered the entire loss from their own treasury and no user balances were affected. Still, $2.2M is no joke. Imagine Variational taking that kind of hit to its treasury.

I'll keep using it for now and I still like its long-term potential, but they seriously can't afford another fuckup like this.

Anyone reconsidering farming Arcus after this, or are you staying?

Full report: https://t.co/9vdrwVv45Z

[elsitoo @elsitoooo]

RISEx just launched its Perpkin Spice Season trading competition.

The first competition since Ignite Season.

$50K guaranteed prize pool + mystery reward if total volume hits $1B.

Runs Nov 10 – Dec 8 (4 weeks).

Rewards are split based on:

- 33.3% trading volume
- 33.3% time-weighted OI
- 33.3% positive PnL

Minimum $100K volume to qualify, with a $10 minimum payout.

All RISEx markets count, including crypto, stocks and metals.

USDC rewards + points so lets keep pushing.

https://t.co/Q3BfTv2ee3

[RISEx @risextrade]

Perpkin Spice Season is here

We brought not one but two prizes:

- $50,000 cash pool, split pro rata among every trader who qualifies
- Plus the Perpkin Pie, baked by everyone's volume for a mystery prize

November 10 - December 8 on RISEx.

Join now: https://t.co/QQmSXH7AB9 🧵

[elsitoo @elsitoooo]

@loffyhl Time to buy imo

[elsitoo @elsitoooo]

@cryptohearlz Extended is clearly undervalued as a venue, team is great at developing, but not so great at marketing/timings which is bad short term and good long term imo

[elsitoo @elsitoooo]

@vish_hl @extendedapp I think we will see the floor at 0.2 max then pump from there

[elsitoo @elsitoooo]

@shadowofintent3 if we get pro right after TGE $VAR will reach 5 FDV before new year's eve

[elsitoo @elsitoooo]

@OG_Branxi they are going for the EXTENDed strat

[elsitoo @elsitoooo]

@yashjhade I guess this falls into the 20% of the time he's wrong

[elsitoo @elsitoooo]

@JoestarCrypto go for it

[elsitoo @elsitoooo]

@floppa_perp these are great picks, but most of your points are coming from spread paid rather than OI. Keep running that strat, it's the best way to max points right nowt🤞