GigaX

[GigaX @GigaXtrader]

@perpv2 Yes

[Justin @perpv2]

Hey everyone,

First, I'm honestly blown away by everything that's been happening lately. We can't thank our traders and supporters enough, truly. My team and I have been working on Vest for almost five years now. We are traders ourselves who started Vest because we thought we could build the product we all wanted to use ourselves. We spent years doing open-source research for the betterment of the industry (https://t.co/XEVvJIPVP3), often with no one watching. We pivoted dozens of times. We were told over and over again that what we were doing wouldn't work, that it was impossible, that we should give up, sell, walk away. We faced rejection, after rejection, after rejection. There were days it felt like no one believed in this but us. So to see all of that work, all of those late nights and hard calls, finally turn into something traders actually love and use every day is extremely humbling. It means more to us than I can put into words. Truly, thank you.

Second, I want to address the allegations of wash trading head on head-on, because they come from a HUGE misunderstanding of how our product is different from other perp DEXs. We're not just another perps dex, but also a funded account platform. In fact the large majority of our traders use funded accounts. When they do, they can get up to $25k accounts for as little as $210. They can then open positions of up to $1.25M notional on some markets like ES and NQ. These accounts have a daily loss and drawdown limit, so most traders trade shorter-horizon and flip positions often. If they pass their evaluation phase, their trades are in “live” mode and get shown in the A-book where they trade against other traders and market participants. Because of the nature of the high implicit leverage and max drawdowns, that usually leads to high volume and low OI behavior on the live market.

This is now accurately displayed on ALL OFFICIAL Vest platforms. We’ve gone through a few iterations of the front end to move away from combined 24H volume. Previously, if you hovered over the volume number on Vest, you can see the breakdown of eval and live volume. To make it even more obvious, we now explicitly display both at all times. In our API’s we now very clearly separate and document our eval and live volume. If anyone has feedback on how to make this clearer, our team is always here to listen.

Part of the confusion is what is shown on official Vest platforms and what is not. We cannot control what third party aggregators use to display us. Some of them are also using information from an old outdated exchange that we are deprecating. We also cannot control if they decide to put us in the same comparison with other perp DEXs where the product offering is fundamentally different. I also take some blame for not reaching out to all aggregators beforehand and making sure that everything is up to date, but there are hundreds of aggregators out there, and I hope you’ll excuse me on this front.

It is our belief that the perpetual future is the best asset class for retail traders to trade with. It has been our goal, and vision, to onboard the rest of the world - the futures traders, the CFD traders, the options traders and more - onto this form factor that we believe is ultimately better for them. We believe that funded accounts are the best way to learn and trade with this new form factor because it lowers the barrier to entry.

We have been extremely blessed beyond belief to achieve this mission. If you search up vestexchange on twitter, we have thousands of traders from traditional finance that have never traded perps, receiving payouts and expressing really positive feedback on our platform. Many of the feedback is that “we are too good to be true” because our rules are so trader friendly. I will continue to answer all feedback and hopefully continue to help explain anything people are uncertain about.

Like all other platforms and exchanges, affiliates receive a commission on referrals. Some partners also have content creation and partnership deals, but these are few and far between and we ask all of our affiliates to disclose when posting. Candidly, we also don’t really want to burden our balance sheet with 5 or 6 figure retainer deals because that value should be passed onto traders in any way we can.

For those who haven’t tried out Vest. I would love to onboard you! For those who are FUDDing Vest (mostly competitors), I would ALSO love to onboard you and for you to see why we’ve achieved such fast growth! It is our goal to build the best platform for retail traders, and I am glad that our product is putting pressure for innovation in this space.

[GigaX @GigaXtrader]

@Fun_Trades1 Have you tried vest? Still time to lock in payouts

[GigaX @GigaXtrader]

@andrew_nfx Congratulations, your hard work is finally starting to pay off...and keep jabbin

[GigaX @GigaXtrader]

@MatheWieme @VestExchange That's some solid wins, when you win everyone wins, not like your run of the mill props

[GigaX @GigaXtrader]

@TraderYush @VestExchange Heeelll yeeeessss

[GigaX @GigaXtrader]

@Radetsky91 @VestExchange @OkalaNQT I haven't calculated but MASSIVE, least for me

[GigaX @GigaXtrader]

$10,000 approved and on the way to the bank

you have all heard about @VestExchange

if you are still trading the 20-40% consistency dinosaurs please do yourself a favor and try vest, you wont regret it.

thank you @OkalaNQT

if you are struggling to get to payout checkout https://t.co/spQckQmGyy

@OkalaNQT took me from being one of those 2-3 payouts a month people to making multiple 10k payout days a week, highly recommend that course and his amazing group!

[GigaX @GigaXtrader]

@Jonny5Slays @MattLeech @OkalaNQT Our boy @OkalaNQT is actually the GOAT!

[GigaX @GigaXtrader]

@capital_jn @Shinobbs Challange accepted

[GigaX @GigaXtrader]

@TraderYush @VestExchange Goat!

[GigaX @GigaXtrader]

@BrettSimba You would go out of business so fast if you sold plans that allowed you to withdraw any profit you make without a buffer requirement at anytime, with no consistency and instant funded activation...dont even play hard you softie

[GigaX @GigaXtrader]

@UncleBugatti @TakeProfitLLC @TradingLucid @Tradeify Vest

[GigaX @GigaXtrader]

@OkalaNQT @VestExchange Bro it hasnt even been 6mo since the turn around...friggin wild

[GigaX @GigaXtrader]

@VClouette @VestExchange @TradingLucid How about both

[GigaX @GigaXtrader]

@justicemagick @MichaelPatak The traders in RTP are not the traders MP and TS are looking for 💚👶

[GigaX @GigaXtrader]

~$8500 requested across 30 payout requests in one day

yes 30 request in one day

only with @VestExchange

https://t.co/1jJanM6BKs

Use code 8020GANG and support my guy @OkalaNQT thanks for the sharing your skills 🐐!!

[GigaX @GigaXtrader]

@OkalaNQT @VestExchange Haha!! AHAHAHAHAH! oh man 10k a day can really do some damage. I love it!

[GigaX @GigaXtrader]

@traderjulesk @VestExchange Killer!

[GigaX @GigaXtrader]

@sowhateh @VestExchange I spent about 3k on that round of requests

[GigaX @GigaXtrader]

Huge shout out to @VestExchange

Incredible the opportunity they are providing real traders

No consistency rules
No minimum days
No windfall bull crap
No hyper scalp bull crap
No payout delays
No lengthy reviews
No trailing
95% split on instsnt accounts
Futures props...Goodluck keeping your market share

+18k to the bank!