Saki 💹🧲

500 to 6900 🦧

[Exa @ExaAILabs]

Introducing Exa Connect: connecting agents to data beyond the public web.

Available today with ZoomInfo, Crunchbase, Similarweb, and many other leading data providers.

https://t.co/MlEhWoCIiF

[Saki 💹🧲 @sakimonkey69]

shitadel protesting against the king of new york shitty is cinema

[Exa @ExaAILabs]

Introducing Exa Instant: the first sub-200ms search engine.

Faster than Google, it's custom built to power realtime AI products like chat and voice.

[Saki 💹🧲 @sakimonkey69]

@kelxyz_ i’m in

[Saki 💹🧲 @sakimonkey69]

@GeoffreyHuntley @nikshepsvn this should have repercussions given the dishonesty here. you were just hired at Optiver and some of your coworkers bought. you aren’t getting away with this, but you can still fix it.

[kaledora @kaledora]

some thoughts on weekend liquidation hunting...

- 24/7 RWA perp markets are very cool in theory! but the downsides of their illiquidity over the weekends - continuous trading without a real, liquid spot price - outweigh the benefits. these drawbacks are greater the larger you are as a trader.

- imagine you have a $20m nasdaq long open, that you intend to keep open for the next couple of weeks. it's friday afternoon. if you keep it open, you face a few risks:
1. someone else might size into a massive position, skewing the books and blowing out the funding rate. you may wind up with an unexepectedly big hit to your position's PnL.
2. worse, due to thin book liquidity, you may get liquidation hunted. many such cases.

- what do you do? you have a couple of options:
1. add tons of margin to your position to reduce your leverage
2. close your position and reopen it monday
3. don't do anything. pray

- my view here is that the underlying markets are going 24/7 sooner than everyone realizes (see monday's NYSE announcement), and that the downsides of offering 24/7 perp trading on assets when they don't have a liquid, open spot market outweigh the purported benefits. once there's a liquid spot market over the weekends ostium will be 24/7.

- we think that from a user perspective, it's far better to simply have the perp market close - so you don't need to worry about rolling additional margin onto your position or closing it out and re-opening it 48hrs later - than to spend all weekend babysitting your position when not much organic price action is happening anyways.

- the even more beautiful thing: even during market hours, you can't get liquidation hunted on ostium because liqs are always triggered by oracle mid-price. that mid-price is derived from underlying market sources, which for all the assets we have listed would require tens or ~hundreds of millions to manipulate (and affect a lot more than just ostium prices).

don't get liquidation hunted!

[Saki 💹🧲 @sakimonkey69]

@StarPlatinum_ @unwisecap

[Saki 💹🧲 @sakimonkey69]

@DhravyaShah fag

[Saki 💹🧲 @sakimonkey69]

@kayloni why

[BNN @BNNBags]

BREAKING: @BagsApp CLAIMS #1 SPOT IN NEW VOLUME STATS WITH 47.2% MARKET SHARE ACROSS ALL LAUNCHPADS 🤯

[Saki 💹🧲 @sakimonkey69]

@frank_liquid wat

[Liquid @liquidtrading]

Congratulations to @Lighter_xyz on their TGE!

LIT spot is live on Liquid — the only place to trade it on mobile.

[Saki 💹🧲 @sakimonkey69]

the market rn

[Saki 💹🧲 @sakimonkey69]

@DeepDishEnjoyer kast

[Liquid @liquidtrading]

Proud to work alongside Ostium to bring seamless mobile access to stocks, indices, commodities, FX, and RWAs to our community.

Congratulations on the raise!

[DYJ @davidyjeong]

luddites were a group of people in the 19th century who were opposed to machinery. their arguments were valid, machines made lower quality goods

but they got better over time, made it possible for everyone to afford cheap/high quality clothes

some algo trading luddites out there

it has literally been a few weeks since these things started trading at scale. on very tough and unique markets people haven't seen before (equity perps)

to hate on technology because it isn't good yet is rejecting the inevitability that this is the only means to a democratized trading space where institutional traders are not the only ones to have access to automated and smart trading tools

this is only the beginning, believe in the vision, not the current iteration of it. my favorite quote is, what you are seeing now is the worst version of https://t.co/MVRr2NDCfM that you will ever see. it only gets better from here

[Saki 💹🧲 @sakimonkey69]

https://t.co/3dUykJor9M

[Abhinav @Abhinavstwt]

show off the best domains you've ever bought

[Saki 💹🧲 @sakimonkey69]

@DeepDishEnjoyer gl bro

[Skip Bayless @RealSkipBayless]

I am watching the greatest 3-man backcourt in NBA history - combined highest hoop IQ and passing genius. LeBron James. Luka Doncic. Austin Reaves. Honor and pleasure to behold this triple gift from the basketball gods.