solontag | Deriverse

cofounder of @deriverse_io | building the end-game derivatives DEX & Launchpad on @Solana for the entire token lifecycle

[solontag | Deriverse @solontag]

We need a new category for the likes of Aster and Lighter

They're DyEXs ('die-exes' or Dybrid Exchanges) or HEXs (Hybrid Exchanges)

ZK rollups were invented because Ethereum L1 is too slow and expensive to run a real orderbook or high-frequency perps natively

They're an elegant hack but a hack nonetheless...

for apps that demand true performance (sub 500ms liquidations, atomic multiprotocol trades, no sequencer downtime), layering extra cryptography and centralization on top just creates friction

Solana prove you don't need rollups if you design the base layer right from the start: parallel execution, low hardware requirements, global state

In 2025, the fastest-growing perps platforms are either native Solana or app-specific chains or plain CEXs without KYC

ZK tech is brilliant for privacy or compression (like Solana's own ZK Compression primitive) but using full validity rollups for execution scaling is centralized in practice and slower than just building on a proper high-TPS L1

Almost all ZK rollups (including Lighter) run a centralized sequencer

If it goes down/censors/misbehaves, the whole app pauses (Ethereum L1 keeps running, but your rollup doesn't)

Each rollup is its own island

Sync bridges are clunky, async, fragment liquidity (Lighter liquidity ≠ Arbitrum liquidity ≠ Base liquidity)

And what about atomic cross-app interactions? Often impossible without risky bridges

[solontag | Deriverse @solontag]

@Bhizzy_ @epicentral_ Sure, I'll give it a try

[solontag | Deriverse @solontag]

@pmarca Really like the book collection on YouTube! What a time to be alive

[solontag | Deriverse @solontag]

@8bitpenis you don't need ALTs elsewhere because block times are so slow you have plenty of time to look up the addresses manually in a physical phone book

[Matus | Deriverse 🪐 @highfreqfencer]

This was the plan all along.

Deriverse 🪐

[Soju 燒酒 | Meteora @0xSoju]

the only way we beat hyperliquid is to have 24/7 spot markets on any assets worth trading.

And then enable perps on all of them.

[solontag | Deriverse @solontag]

@stevensarmi "nah, I'm building my own L3 with 7¹⁰⁰⁰ TPS and 2 Planck time finality", right?

[solontag | Deriverse @solontag]

@RealJackPoor Just sell them for nfts. They'll eventually get it

[solontag | Deriverse @solontag]

@ThinkingUSD The more you sit the more you shit

[solontag | Deriverse @solontag]

@TheW3storm @shahh

[solontag | Deriverse @solontag]

@coinbase Oh, I thought that's the mlns in losses last q

[solontag | Deriverse @solontag]

@0xEthan Yessir, peek anal-ytics

[solontag | Deriverse @solontag]

@phantom Now let's go trade some NYSE:ED, you freshman

[solontag | Deriverse @solontag]

@tradexyz ibm reported no downtime, but really appreciate the new sla

[solontag | Deriverse @solontag]

@luminaries Taking a shit on a board in space, legend

[solontag | Deriverse @solontag]

@Henrik_on_HL Buying SOL and selling Namecoin

[solontag | Deriverse @solontag]

@perpsonsolana JUSTIN, you son of a bitch! Was looking for you in other accounts! How did you end up here?!

[solontag | Deriverse @solontag]

@USronaldcarter nbgaf

[solontag | Deriverse @solontag]

@CoinMarketCap Nice, even Anthropic is edging