Mind_In_Large

[Rey 😀 @Babiboiz14]

$Mooncake
I just found a pretty new hidden gem with a 5–10x potential

A permissionless tokenized perp market, powered by RateX

Marketcap: $123k

Ca:HRSJDD4SQDMS9VF5duGAF2cWKu2JDU9tU5B4yuEspump

Entry zone: now – $100k

The marketcap is still quite small, so you can treat this as a gamble

DYOR
@mooncake_fi

[RateX @RateX_Dex]

Mooncake! @mooncake_fi 🔥

[Kyojin.sol @Kyojindoteth]

3x 5x & 10x $SOL

3x $Mooncake

Rebalancing mecanism delevraging your position to avoid liquidation

Not touching grass this weekend, I have a new toy to play with

[Rey 😀 @Babiboiz14]

Verry bullish $Mooncake

[Chapatin Ritz @ChapatinRitz]

aumentei minha posição na @mooncake_fi um trocado pensando na ratex #mooncake and #ratex - @RateX_Dex

[橙子社区🍊 @Kris7146]

#MoonCake 已经得到官方的认证， @RateX_Dex 和其创始人 @seanhu001 公开喊单进行支持

HRSJDD4SQDMS9VF5duGAF2cWKu2JDU9tU5B4yuEspump

[boogie @b00gi3]

@mooncake_fi NEVER MIND ITS UP AND WORKING AND MOONKAE IS LISTED

[Solana Korea 🇰🇷 @SolanaKorean]

$Mooncake 에 이걸 보면 그냥 최대 추출을 위해 만들어진 코인인 줄 알겠어요. ㅋㅋ

RateX가 지원하는 허가 없는 토큰화 퍼블릭 마켓

HRSJDD4SQDMS9VF5duGAF2cWKu2JDU9tU5B4yuEspump

[Sai Gon DeFi @saigondefi]

Good explaining for how @mooncake_fi work.
Despite, I think moon cake is the test token.
Buy some and wait for a pump as Meme.

[Chapatin Ritz @ChapatinRitz]

Mas informações sobre @mooncake_fi atreves como sera o ganho dos pontos #mooncake #ratex

[Chapatin Ritz @ChapatinRitz]

Entrei com troco de pinga no dappp da @mooncake_fi abriu hoje estou a dias vendo movimentações da @RateX_Dex sobre esse projeto , vai da algo não sei mas entrei. #mooncake

[Dreamer @Trung1306]

10xSol with no liquidation risk!
Available on @mooncake_fi now!
Oh you can also buy 3xmooncake there!

[codes 🕊️ @Codes_Marktin]

The Mooncake tech is insane

I cannot believe how lowkey this is rn. We can now leverage trade, with highly volatile memecoins, WITHOUT LIQUIDATION!!!!!

Their first, and rn only, memecoin on leverage is $Mooncake itself.

Like a mooncake itself, their is the base and the filling. Any given leverage coin has a funding token and a leverage token, the funding token is used to balance the leverage token.

Essentially a flywheel to completely revolutionise and de-risk the leverage game. Oh my goodness.

DYOR fam, I guarantee you'll be aping immediately.

HRSJDD4SQDMS9VF5duGAF2cWKu2JDU9tU5B4yuEspump

[Kyojin.sol @Kyojindoteth]

Theory time:

@RateX_Dex has just launched its second product: @mooncake_fi

The concept is simple but powerful: leveraged tokens with a rebalancing mechanism that ensures you never face liquidation. The system works by splitting the underlying into two components: a leveraged token (LT) and a funding token (FT)

This setup defo feels retail-friendly, especially after the liquidation events we’ve seen across the market recently

The main risk here is volatility drag. In sideways or choppy markets, repeated rebalancing can eat into your position even if the underlying price doesn’t move much. It’s something to keep in mind if you plan to hold over time

First alpha here is that you can also:

- Hold funding tokens and earn returns from fees paid by leveraged traders

- Provide liquidity to leveraged markets and capture both trading and funding fees

Second alpha is:

Mooncake trading qualifies for the $RTX airdrop (expected by year-end), as the team just confirmed this in their TG

They launched $Moooncake, which at first was confusing cause why you need another coin if $RTX is coming?

Team clarified it: $Mooncake is the first leveraged memecoin on the platform. It’s listed at 3x leverage, with higher multiples likely as the market cap grows

This directly appeals to degens who want higher-risk, higher-reward opportunities beyond 5x or 10x SOL. At a ~$540k market cap, there’s still meaningful room for growth if adoption picks up imo

I’ll be monitoring closely and revisiting in the next few days

[Mooncake @mooncake_fi]

🥮

[RateX @RateX_Dex]

Mooncake is officially live!🥮

Start trading now on Mooncake to earn RateX Points!
It’s the easiest way to stack points while exploring the world of leveraged tokens.
🟢Mooncake: https://t.co/tDe3pA7JvJ
🟢RateX Points: https://t.co/bidBauUveO

[Mooncake @mooncake_fi]

We're Live.

[Sean Hu @seanhu001]

为什么我们要推出 Mooncake，一个杠杆代币市场。

RateX 是目前 Solana 上领先的 Yield Trading Protocol。我们一直在做的事情其实很单纯——让收益可以被交易。

通过 yield tokenization，我们把原本隐藏在生息资产里的未来收益拆出来，让市场可以自由地定价和交易它。
再通过 margin trading 的机制，让整个 yield market 的流动性和交易效率大幅提升。

但老实说，这些东西没几个人真的在意。
大部分人来到 RateX，只是把它当作一个空投集散地。

不过对我们来说，Splitting 这件事本身很有意思。
它其实是一种把风险“抽象化、可交易化”的技术。
而 Yield Token（YT） 本质上，就是把一个带息资产的杠杆套息策略变成了一个代币。
这意味着你不再需要去借钱、去杠杆化操作，只需要交易一个代币，就能表达你对未来收益的判断。

到了今年年初，我们开��思考：

既然 Splitting 能把收益的风险分拆出来，那能不能也把价格的波动拆出来？
我们希望让这项技术服务更广泛的用户群体，而不仅仅是少数懂 yield 的人。

于是我们决定开发一个全新的产品——
Mooncake。
它可以把任意资产的价格波动剥离出来，包装成一个 leveraged token。

这个 token 会通过 rebalance 机制自动维持目标杠杆率，从而实现无清算杠杆。
这种拆分机制有一个非常关键的好处——它极大地降低了杠杆买入长尾资产的技术门槛。

在传统的 DeFi 里，如果你想对一个低市值 meme 开杠杆，几乎做不到。

借贷协议不会愿意支持这种高波动资产，因为它们很难在剧烈行情下有效清算，坏账风险极高。
Mooncake 的逻辑完全不同。
在这里，没有借贷、没有抵押、没有清算。

通过 rebalancing，系统自动在波动中调整仓位。
价格跌了，它会降低风险敞口；价格涨了，它会自动复合收益。
整个过程干净、透明、无清算，也不会像传统杠杆那样在市场下跌时触发更多抛压。
对用户来说，Leveraged Token 是一种非常直觉、非常轻量的工具。
它像现货一样可以买卖，但拥有固定倍数的杠杆。

不需要盯盘，也不用担心被爆仓。

如果你想短期放大行情、做趋势交易，或者只是想拿个 3x Bonk，这个工具再合适不过。
它让“开杠杆”变得像买代币一样简单。
对 RateX 来说，Mooncake 不只是一个新产品，
它是我们构建链上结构化金融层的重要一环。
有了 Mooncake，我们的产品线从单一的生息资产，扩展到了更广的资产类别。

从低风险的生息资产，到中风险的链上股票，再到高波动的 meme，

都可以通过这种通用的杠杆代币设计，获得更高效、更自由的交易环境。
至于为什么叫 “Mooncake”，这个名字其实很有意思。

月饼是中国一种流传了上千年的传统甜点，是家人团圆的象征。
它的特点是外面包着一层面粉皮，里面是各种不同的馅料（我个人比较喜欢蛋黄的）。

如果你把 underlying token 想象成一整个月饼，
那么 leveraged token 就是它的“馅”——核心、浓缩、味道最强的那部分；
而 funding token 则是外面那层“皮”——稳稳地包住它、支撑整个结构的部分。

我们喜欢这个比喻，因为它既贴近我们的技术逻辑，也带着一点温度。
金融结构未必要冰冷，它也可以像一块月饼那样，有层次、有味道、有故事。

最后，我想感谢一路上��我们支持和建议的伙伴们：
来自 Solana Foundation、Pantera、Meteora、Bonk、Trends、Primitive Ventures 的朋友们，
以及所有在我们产品打磨过程中提供建议、给我们信心的投资人。

Mooncake 这个名字听起来或许可爱，但它背后的逻辑其实很硬核。
我们想用最简单的方式，把复杂的金融结构带到链上，

让每个人都能以最轻的方式、最小的成本，去表达他们对未来的看法。

[Mooncake @mooncake_fi]

Mooncake is on fire! 🔥

[novocaime @SOssaydi76408]

@seanhu001 i love it i will use it