lolted

building @pascaldottrade

[lolted @loltedx]

@TomasIsMe @pascaldottrade 🫡

[pascal @pascaldottrade]

@Polymarket https://t.co/yuwU8nUb87

[lolted @loltedx]

rooting for you kings @yenwod_ @ivo_crnkovic

[Paul Frambot 🦋 @PaulFrambot]

crypto is now a bunch of technical founders trying to become good at GTM

[lolted @loltedx]

@max_conradt @coinbase Fun observation! Convos are automation yes. The files are split across real-time paths (replicated real-time state for the current candle interval) and DB paths for serving historical candles. And 6 doc files for both human and LLMs :)

[lolted @loltedx]

Pascal is proud to carry forward @coinbase’s pioneering work and bring the incredible tech of 4H candles to prediction markets

[Coinbase Traders @coinbasetraders]

You asked. We shipped.

4H candles are now live on Coinbase Advanced. Weekly and monthly are in the works - stay tuned.

[lolted @loltedx]

@rightclcksaveas Humongous if factual

[lolted @loltedx]

@yenwod_ Testing

https://t.co/n3KO2c4hpP

[lolted @loltedx]

This is officially the greatest tweet ever

[lolted @loltedx]

We getting 150ms finality before GTA VI

[Solana Developers @solana_devs]

Solana keeps getting faster, more capable, and more resilient.

Track Alpenglow, p-token, larger transaction sizes, 200ms slot times, and every major network upgrade in one place:

https://t.co/V4fyPMa4AD

[lolted @loltedx]

@cbus224 @pascaldottrade Appreciate the feedback sir! This is certainly we are thinking of - will try to improve this soon 🫡

[lolted @loltedx]

@sahildotcom @pascaldottrade It's a non-custodial exchange (settlement on Solana), not a trading terminal sir!

Appreciate the kind words😃

[lolted @loltedx]

Coming soon to https://t.co/w20waJMg8K

[USV @usv]

Prediction markets have consistently defied expectations over the last 24 months, and they're still in their early innings.

The idea that markets can surface information and get us closer to the truth across any topic is a compelling one. More efficient markets are less extractive, price better, and grease the rest of the real economy.

There's lots more to be built. That's why we led @pascaldottrade's Series A.

Congrats to @ivo_crnkovic and @yenwod_ on their launch today.

[pascal @pascaldottrade]

For the next 48 hours, sign up on Pascal with code:

WCSEMIS

[Jarry Xiao @jarxiao]

The next major feature upgrade to @PhoenixTrade will finally leverage @solana DeFi's greatest asset: spot liquidity. Traders will soon be able to post SOL and other tokens as collateral for their positions.

A few caveats before I dive in:
- I hate announcing things before they ship. Talk is cheap, and execution is hard. And nobody cares that the execution is hard.
- Phoenix is not the fully on-chain perps venue to have spot collateral. This was one of the best features offered by Drift and Mango. As with everything we build, Phoenix's approach will never be a blind copy-paste of our predecessors.

I'm excited about this feature for many reasons.
1. Solana users with SOL and other tokens but no USDC no longer need to sell their assets to deposit and trade on Phoenix.
2. Users and vaults who want to run long spot, short perp basis strategies no longer need to think about manually rebalancing.
3. Sophisticated users who trade both spot and perps can keep their capital on Phoenix and simultaneously trade spot while margining their perps positions. I'll write more about this in a future post. I think it's one of the coolest things that no other perps platform can do. And it is only possible because Phoenix is fully on-chain.

There are 2 questions I get asked often that I often find challenging to answer:
1. Why does it matter that Phoenix is fully on-chain?
2. Why should I trade on Phoenix over [X]?

Here is my definitive answer.
Being on-chain gives Phoenix access to Solana's capital, users, and liquidity in a way no off-chain venue can. Most people think that Phoenix is the exchange and Solana is the infrastructure platform, but they have that backwards. Solana is a programmable exchange, and Phoenix is infrastructure that taps into everything Solana offers. You shouldn't trade on Phoenix; you should trade on Solana, because Solana will be the decentralized protocol that houses the world's financial assets. Phoenix is simply the best window into that on-chain future.

This is how the composability thesis will finally play out, a couple of years late.

[Derek Hsue @derekhsue]

It was a pleasure having on @ivo_crnkovic, the founder of @pascaldottrade.

We dive into some interesting, underdiscussed prediction market topics, such as the shortcomings of existing prediction markets and what risk transfer in prediction markets looks like.

We also dive into the philosophy behind Pascal, what building a user friendly product really means, and what the future holds.

This one's a spicy one, so make sure to give it a listen. If you're interested in checking out @pascaldottrade, shoot @ivo_crnkovic a dm!

(0:00) Intro
(1:10) Intro and the state of prediction markets today
(4:44) Prediction markets for real risk transfer
(15:07) Capital efficiency for event contracts
(18:46) The story behind Pascal
(21:58) The different players trading on prediction markets
(32:16) The lifecycle of new markets
(38:23) Pascal's OTC desk
(44:25) Learnings from dYdX
(51:24) the dYdX mafia
(54:16) Pascal's roadmap

[Cajetan @MonteCarloSpam]

I had excessive sports exposure from one of my bots. I wanted to hedge. This is expensive if you are price-sensitive (fees!). I ended up trading OTC on @pascaldottrade. They already have low fees, however, after explaining i was uninformed, i was able to get fees waived. nice!

[yenwod @yenwod_]

We just listed a market on Pascal for the price of STRC which is *not* a binary.

Each contract settles at 100c if STRC price is $100, 99c if $99, 98c if $98, and so on. We are following tradition and calling this a "scalar" market.

[yenwod @yenwod_]

For anyone who DMd us last week after invite codes ran out, comment on the quoted post and we'll send you one

Reflinks coming soon to make this less manual. Right now we want to make sure we have chats with literally everyone who onboards to make sure things are going smoothly

[Blockspace @blockspace]

NEW @gwartygwart show w/ @ivo_crnkovic: Next-Gen Prediction Markets

"We're allowing price discovery on things that don't have oracles because perps are going to win things with oracles."

Brought to you by @ellipsis_labs