Kirk Stapff

IT Helpdesk @RCKTfoundation | ineffective decelerationist

[Rocket @RCKTFoundation]

Decentralized options are moving into a new market structure.

Rocket is building with micro-auction infrastructure designed to support pricing, liquidity, and execution for onchain derivatives.

Options on Digital Assets and RWA's.

Be early.

https://t.co/jPPhYMki1V

[Rocket @RCKTFoundation]

The Rocket Trading Competition starts today.

2 weeks only.
$1,000 prize pool for the top traders.
$200 bonus for the trader with the most active referrals.

https://t.co/g2W1eycCgN

[Rocket @RCKTFoundation]

More markets. More opportunities.

MU, HOOD, COIN, and MSTR are now live on Rocket.

[Rocket @RCKTFoundation]

The next era of options trading is onchain.
More transparency. Better alignment. More control.

And with block-based micro auctions, traders compete on price, not latency.

Options are coming to Rocket.

[Rocket @RCKTFoundation]

Trade OIL and STRC now on Rocket.

[Rocket @RCKTFoundation]

The Rocket Points Program is now live. 1,000,000 points will be distributed every week starting today, March 30 at 00:00 GMT. Earn through trading volume, vault deposits, PNL, and referral multipliers.

[Rocket @RCKTFoundation]

Options are coming to Rocket. Fully onchain. Self-custody. Zero compromise. The most complete derivatives platform is almost here.

[Kirk Stapff @ranchflavour]

@rhinofi @RCKTFoundation @arbitrum Rocket Launch

[Rhino.fi @rhinofi]

Rocket integrates https://t.co/TvaIYrxWNH 🦏

Users no longer need to bridge and then deposit separately.
#Crosschain deposits into @Arbitrum followed by an automatic deposit into the platform.

Just deposit and you’re in.
From any chain > straight into @RCKTFoundation 🔥

[Kirk Stapff @ranchflavour]

@RCKTFoundation Muy Guapo

[Rocket @RCKTFoundation]

Funding Arb opportunities live on Rocket.

Delta neutral.
Earn funding.

[Rocket @RCKTFoundation]

Good Bots Only

Rocket is HFT resistant. Here’s what that means and why it’s going to change the game…

The Status Quo
There are 3 types of market participants on legacy electronic exchanges (both crypto and tradfi):

1. *Natural takers* -> end users typically trading manually or via simple execution algos
2. *Market makers* -> algorithmic traders streaming quotes with the intention to provide liquidity to the natural takers (the good bots)
3. *HFT scalpers* -> arbitrageurs with ultra-low latency data feeds to external price feeds (the bad bots - explanation to follow)

The Problem
The purpose of the exchange is to provide liquidity to natural takers (1) at fair, efficient prices. Market makers (2) are an essential part of an efficient market. HFT scalpers (3) on the other hand, are entirely value extractive.

Why? On external price moves, HFT scalpers frequently pick-off natural taker limit orders at prices that are clearly inefficient a few milliseconds later. This is the “hidden latency tax” that traders often pay without realising it.

To make matters worse, the HFT scalpers also frequently strip the market makers. This forces market makers to widen their quotes, and show far less size than they otherwise might due to adverse selection effects. The end result - much worse liquidity on screen for natural takers.

The knock-on effects are profound. Screen liquidity dries up. Large trades move off book. Natural takers cross bigger spreads than they need, and then get picked off if the price moves against them.

It doesn’t need to be this way.

The Solution
Rocket is restoring the original promise of crypto - fair markets for all.

Recently, other defi exchanges have been trending towards replicating tradfi exchanges on chain. Price time priority. Speed races. HFT Value extraction.

Rocket is different.

On Rocket, every block (~100ms) is an auction. All trades in each block are at the same fair price. Crucially, 100ms is long enough to neutralise HFT first mover advantage, but short enough to be immaterial to human traders. This allows trading algorithms to coalesce around a fair price every block, without fear of being picked off -> the good bots (2) can show real size, tight; but it’s game over for the bad bots (3).

Radically New, Radically Better
Rocket is the architecture that crypto was always supposed to have.

It’s the first exchange where consensus on blocks meets consensus on price.

The first exchange designed to let takers and makers match at the fairest possible prices, without being bulldozed by HFT scalpers.

The first exchange that puts humans and algos on a level playing field.

We’re excited to share it with you

[Rocket @RCKTFoundation]

https://t.co/1sYAquxNtR

[Rocket @RCKTFoundation]

30K Traders on the Waitlist. We can't wait to open to all. We are rolling out access to Closed Beta each day. Keep earning points on Testnet while you wait for your Beta launch code. Links on @RCKTFoundation

[Rocket @RCKTFoundation]

Arnold: "Hey guys, what if we got rid of latency edge and HFT?"
Gareth: "But that would kill half the strategies"
Kirk: "Sweet"

Rocket was born.

[Odyssey @OdysseyBiS]

Our latest ep with the @RCKTFoundation team is now available!
Learn about the limitations of the current CLOB models and how Rocket is the next step in the evolution of Perp DEXs. 👇

If you'd like to try out their beta, shoot us a DM

[Rocket @RCKTFoundation]

The closed Beta is officially live - launch codes are active, limited spots are available, and RCKTDB is your key to entry.
https://t.co/vNLGZYNnMX

[Rocket @RCKTFoundation]

You’ve been early.
Now get rewarded for it.
5 Closed Beta spots.

Start stacking Points before the crowd.

Use Code on Deposit: RCKTX5
https://t.co/vNLGZYNnMX

[Rocket @RCKTFoundation]

From T-7 to T-0.

Rocket's Closed Beta is Live.

[Kirk Stapff @ranchflavour]

@OdysseyBiS @RCKTFoundation Great chat, thanks @OdysseyBiS