I’m working on the @QFEX project.
I started with $43, and now I have $111 in my account.
The goal is $1 million in volume.
support me https://t.co/jNx26TqV5H
@onchainmonk@TxFlow_L1 Top 0.85% with 20k already? Clean grind man. Early + consistent really is the only way to cook in this perps points meta. How long have you been running TxFlow to hit that rank?
@louisdives Yeah, the OI gap is hard to ignore
Variational already sitting above Lighter’s combined with a much lower implied valuation makes $3B feel pretty realistic if the points actually convert decently.
You leaning more on the OI strength or the points narrative for the upside here?
Thanks the fee edge on limit orders + oil’s more measured moves does make the pure scalping approach quite forgiving.
On the hedge (short TxFlow / long QFEX or vice versa): in the short window I’ve run it, it stayed roughly delta-neutral and avoided big directional pain. During the occasional sharper oil swings the basis between the two venues can widen and funding can temporarily work against you, so it’s not completely risk-free. Still too early for a solid longer-term track record mainly using it as a lower-risk way to farm volume/points rather than pure directional alpha.
Have you seen similar basis issues on other oil pairs?
I decided to test one strategy, and so far it’s the most profitable for me in percentage terms.
There are two options:
1) A safer one:
You open a short position on OIL on @TxFlow_L1 and a long position on @QFEX .
2) A more aggressive and risky daily trading strategy - only on @QFEX , still with OIL.
It’s quite simple: if you place a limit order on QFEX, you pay 0$ in fees - 0 DOLLARS!
If you buy at market, then on my example with $2,000, the commission comes out to 0.12.
If you trade without hedging the position, we only need about 1% profit to have a small positive balance and be able to close the position at market.
I tested this system, put in only $43, and in a couple of days I made +$55 PNL, with a trading volume of $240,405.
All I did was take the maximum leverage of 20X, place a short or long position, and take 1–2 percent profit from the trade. This market is not as volatile as $ETH or $BTC, let alone altcoins. You can just trade natively. I’m sharing only my experience and strategy.
Crude OIL $CLUSDC Brent Crude
I brought in 399 views, helping @QFEX grow on X 📈 I’m not that big yet
Thanks to @muarmemuar for this stats, I’ll have to work hard to get into the top 10 - it will definitely pay off
Rank #363 in Proof of QFEX. Check yours 👇 https://t.co/CKOmfb44NK
been reading through the @QFEX docs for the last few days and figured I’d write down what I found, since I haven’t seen many people actually go through them
quick version: it’s perps on US stocks, indices and commodities, margined in USDC, trading 24/7. you don’t own the actual stock, it’s all cash-settled. the idea is simple. wall street closes at 4pm, news doesn’t
the team is what made me keep reading. founders are @annanay and @joshuawharton . Wharton worked at Citadel before this, and the team has ties to Citadel and Tower Research. it feels like people who know market structure built an exchange, rather than a crypto venue that added stocks later. they went through YC (spring 2025) and announced a $9.5M seed round in March. team is around 10 people, so yes, it’s very early
on the product side: real order book with external market makers, cross-margin, full API. the docs are honestly better than most of what I see in this space, they explain liquidations and funding in detail
the part I liked most is the risk side. I’d seen “100x leverage” mentioned in a few places, but the docs say 30x on indices, 20x on commodities and 10x on stocks. funding runs hourly, but only while the underlying market is open. at night and on weekends position limits drop hard (50% and 10%) because there’s no real price anchor. if someone gets liquidated there’s a whole waterfall, a reserve fund, and ADL as a last resort
fees: depositors from Aug 24, 2026 get the lowest tier for life on listed products, so 0 maker and 1.5 bps taker on stocks. check your tier in the app though, terms can change
now the stuff you should know before touching it. it’s offshore (Panama) and I couldn’t find a regulator license anywhere. funds sit with third-party custodians. the Terms let the company change rules, freeze accounts and delay withdrawals, and their liability is capped at $100. it’s not available in the US, UK, Russia and a bunch of other countries, and using a VPN to get around that is against the rules. perps are leveraged, you can lose your entire deposit
there’s a points season running too. I haven’t found a published formula and nobody promised anything, so I wouldn’t deposit just for that
how I’d approach it: small amount, low leverage, maker orders where possible, nothing big over the weekend. read the docs first, not after your first liquidation
if you want to look at it, here’s my referral link: https://t.co/QeYsW2mZ5h
happy to answer questions in the replies. and if you’ve already used it, tell me how withdrawals went, that’s what I’m most curious about