1/ PropAMMs and the Next Chapter of Permissionless Market Structure
For years, onchain trading won on access, lost on execution. Some feel better performance requires moving backwards to centralized systems
PropAMMs on @solana are proving permissionless can outcompete centralized
@flappyairplanes is a kick ass team, have the most complete megakernel framework in the world and have a compiler stack that can fuse an entire training run into a single kernel. We at @jumptrading are thrilled to partner with @spectorb, @amspector100 and @aidanmantine as a continuing investor and explore various ways to leverage their expertise on improving data and compute efficiency #proudinvestor
The Firedancer bug bounty platform is live at https://t.co/SxvcrvKOM8! Now thru Nov 20th: 2x rewards across the board; 3x for Alpenglow.
We’re sharing our experience running a $1,000,000 bounty contest: how Firedancer’s security model works, notable bugs researchers found, what we learned, and some lessons about triaging AI-assisted reports at scale.
Read it here. https://t.co/Z5ivnggknD
@jump_ is thrilled to support @catalystapp in their journey to build the intent layer of finance and democratize “research to execution”path for mass retail. Check it out and experience the autonomous trading flow !
Excited to partner with @deechoubey , Rick Correia, and @OpenReserveBank team as they launch blockchain native de-novo digital bank for the next era! @jump_ looks forward to sharing feedback and support as they build towards real-time settlement across fiat and blockchain rails and 24x7 payment stablecoin infrastructure !
2/ It started with our work on post-quantum migration for Solana:
https://t.co/jsjSZKm3qC
We took our Firedancer prototype code and made it even faster, reaching new speed records on both Zen4 and Zen5
Clarity is needed to fully unlock and protect digital asset innovation, trading, and market participation in the United States. Today’s Senate product reflects months of hard work and bipartisan negotiations. The bill’s protections for software development are a critical step forward, as are its clear rules of the road for launching products, participating in networks, and trading digital assets.
Security in crypto requires more than code audits. Operational risk is one of the biggest and less visible threats. Multi sigs, access controls, and misconfigured infrastructure can take down the best protocols.
@asymmetric_re + @SolanaFndn have launched STRIDE to address exactly this. STRIDE delivers a clear, structured framework to evaluate and harden the entire ecosystem. Security is essential for permissionless innovation.
Mexico delivered! Congratulations to dabest12 for leading all forecasters in the first match of the @jumptrading probability cup.
Earn the chance to help trade a $1,000,000 sports-related portfolio. Open to everyone worldwide. https://t.co/hAsUKVHRJF
#ProbabilityCup #JumpTrading #Calibration #Forecasting #QuantFinance #SportsPredict #prediction #markets #soccer
📣 The Jump Trading Probability Cup is now open on SportsPredict.
Compete against a community of forecasters and problem solvers for the opportunity to earn a paid sports-related prediction markets fellowship at Jump Trading.
Learn more and sign up here: https://t.co/31zuPYn6Mz
A milestone for U.S. market structure: a true bitcoin perpetual, approved by the @CFTC on a registered exchange.
Perps have long been crypto’s center of gravity for liquidity and price discovery and now that activity is onshore in the U.S. for the first time. This is a huge win for U.S. financial innovation: bringing products onshore and regulated by the @CFTC .
In my first public remarks as @CFTC Chairman, I made clear that the agency would use the tools at its disposal to onshore crypto asset perpetuals. Today, the @CFTC delivered on that commitment.
This morning, the @CFTC took historic action to permit the listing of a true bitcoin perpetual contract by a CFTC-registered exchange, charting a path for one of the most liquid segments of the crypto asset markets to exist within the US regulatory framework.
The Senate Banking Committee marks up crypto market structure legislation today. We believe the path forward is clear: deliver legal certainty for developers, protect the right to build, and let the U.S. lead the next era of digital finance. The Committee should vote yes.
We applaud the leadership by @SenatorTimScott , @SenLummis , @SenThomTillis, @BernieMoreno , @SenatorHagerty , @PatrickJWitt , and the tireless work of their staff in reaching this stage.
Quantum is still many years away, and if and when it materializes, the work to migrate @solana is well-researched, understood, and continues to be refined by the team. Read more below:
https://t.co/jsjSZKm3qC
Huge congrats to @LukeHoersten and entire @Bitnomial team on this milestone !
@jump_ was the one of the first investors in Bitnomial and amazing to see them partner with a fast moving / forward leaning enterprise like @Payward / @krakenfx.
With Bitnomial's full stack of DCM, DCO and FCM licenses, Payward will now have the most comprehensively regulated and vertically integrated U.S. derivatives platforms. Onwards and Upwards !
https://t.co/aoXU2069tC
DoubleZero Edge is live.
The first institutional-grade, permissionless data delivery infrastructure for blockchains.
Real-time Solana shreds delivered via multicast over a dedicated global fiber network across 30+ metro areas. Faster shreds means faster round trip oracle times which is critical to performant onchain trading.
New finance runs on Edge—tighter markets on Solana.
15/ Institutional capital will come onchain because the infrastructure is permissionless and credibly neutral, not in spite of it
The full piece from @maherlatif_ & @d_gerhardstein 🔗
https://t.co/BNPa0GT6jN
1/ PropAMMs and the Next Chapter of Permissionless Market Structure
For years, onchain trading won on access, lost on execution. Some feel better performance requires moving backwards to centralized systems
PropAMMs on @solana are proving permissionless can outcompete centralized
14/ Settlement infrastructure should remain open source, forkable, and globally distributed to discourage rent seeking and encourage innovation in building a new set of financial rails