RFV

RelativeFuckingValue | Crypto Quant

[RFV @relativefv]

@elonmusk us and them. old tactics still work uh

[RFV @relativefv]

@TiffanyFong_ based

[RFV @relativefv]

@gainzy222 /s

[RFV @relativefv]

@saylor MSTR liquidation will be the ultimate bottom signal. we still have a way to go.

[Meltem Demirors @Melt_Dem]

Bitcoin culture is rotten

dethrone your kings, unseat your high priests, cast out your false prophets

burn it all down 🔥

[RFV @relativefv]

I think I got tired of winning. Can we go back to the losing.

[RFV @relativefv]

@JeffBezos The land of the free strikes again

[RFV @relativefv]

@solidintel_x shit got real

[RFV @relativefv]

@WatcherGuru

[RFV @relativefv]

@Cointelegraph Looks like someone's fhishing for exit liquidity lol

[RFV @relativefv]

Think about perp swap vs perp options market making...
Swaps: Funding rates, position management, delta hedging.
Options: Greeks, vol surface, premium decay, gamma risk.
Both challenge liquidity providers uniquely. How much is really transferrable?

[RFV @relativefv]

MAKE or TAKE? MAKE gives you lower fees and rebates, while TAKE gives you more control and potentially higher returns. But here's the thing: it really depends on your strategy. Not all strategies need the execution control of TAKE approach. The fee schedulle doesnt always rule!

[Paradex @paradex]

WHO WANTS?! 🔥

Shizomania - #TOKEN2049 exclusive!

🔗 https://t.co/CHYZpwBVAZ

[fiddy.dime @fiddybps1]

HL Vaults were Copy Trading 2.0. Paradex Vaults are the future of On-Chain Investment Management.

We’ve built v3 for Crypto Vaults, taking what Ribbon (v1) and HL (v2) started and evolving it into something far more powerful:

1. Spot, Perps and Options in a Single Vault
Previous vault versions were limited to single-assets and strategies. A Paradex vault can seamlessly combine spot, perpetual futures (perps), and options strategies in one vault, allowing users to diversify exposure without needing to manage separate vaults or accounts. This also means Paradex Vaults can accept multiple collateral types, such as BTC and ETH, in addition to USDC.
Adding spot and options to vaults unlocks an entirely new design space for yield generation—something we’ve not yet seen in DeFi.

2. Super Capital Efficient (Portfolio Margin)
Paradex is the first on-chain DEX to offer portfolio margin. This means that offsetting positions (long BTC, short perp), will require significantly less margin which means users can trade larger sizes with less capital.
This is a game-changer for Defi, unlocking MAX leverage across complex portfolios.

3. Vault LP tokens can be used as Collateral!
Every vault depositor receives an LP token for their share in the vault. What’s notable here is that the Protocol will launch a delta-neutral vault (long spot, short perp). The LP token from this specific vault will be granted synthetic dollar/collateral status —a form of native yield.
This means that users can use this synthetic dollar to deposit into other vaults or as collateral fro trading on the platform!!!💥💥. This essentially makes Paradex Vaults an on-chain version of Ethena where the LP token (sUSDE equivalent) can be utilized within the platform to compound yield and further trade without needing to move your assets off-platform.

4. Order Privacy (No Front-Running):
Paradex’s order-book is off-chain which means that Vault and Account orders are protected from front-running. This is pretty big improvement as front-running has been a significant pain point for vault operators, including notable names like
who previously closed vaults in part, due to front-running.

5. No Market Dumping on Withdrawals (Efficient Withdrawals)
We’ve built a withdrawal mechanism that ensures your positions aren’t market-dumped on withdrawal requests. Instead, withdrawals are processed through a temporary auxiliary account, letting users control the pace of an exit. This has two main benefits:

1) reduced slippage + more control for the user
2) slippage is not unfairly shared by other vault market participants

6. Configurable Fee Share:
This is one of the smaller improvements, but Paradex Vault owners can configure fee shares from 0-30%
-----------------

Roadmap:
Phase 1: Perps Only – launching in Sep
Phase 2: Options with Portfolio Margin – Nov/Dec
Phase 3: Spot with Multi-Collateral and Auto-Borrow/Lend – Dec/Jan

[RFV @relativefv]

How do ppl usually kickstart their strategy dev process? Imagine if we had an open-source foundation where everyone could contribute their insights and build together. It would be an invaluable resource for the community, accelerating progress through collaboration.

[RFV @relativefv]

If you're market making in crypto, the real alpha isn't just in bid-ask spreads, but in predicting and riding the waves of volatility. You don't just provide liquidity.. you need to embrace the chaos of price discovery that a 24/7 market provides.

[RFV @relativefv]

Messing with market making: spreads need tweaking when markets go wild.

Not sure if fancy spread widening beats just pulling quotes. Still figuring it out.

[BITCOINLFG® @bitcoinlfgo]

BIG BREAKING 🚨

KAMALA HARRIS MIGHT TURN PRO #BITCOIN : SOURCES 👀

[RFV @relativefv]

Coding a crypto market making strategy. The challenge:

Quote too tight? Get picked off.
Too wide? Miss opportunities.

Finding that sweet spot is the key.

Always interested in hearing different approaches to optimizing spreads and adapting to market moves. #CryptoTrading

[RFV @relativefv]

just setting up my twtr