We're integrating @PhoenixTrade into @perpadfun.
Apologies for the back and forth on this. After working through the options, we've finally landed on what we believe is the perfect fit to power perpad.
Every token launched on perpad gets its own leveraged long/short treasury, with trading fees auto-routed into perps on the token itself. Execution quality on those perps directly determine performance, so the venue underneath matters more than anything else.
Phoenix gives us real order book depth, tighter spreads, and far less oracle lag than what we've been routing through. It's the closest thing to native CLOB infrastructure on Solana, and the right foundation for how Perpad is meant to operate.
Hoping to have it live by tomorrow. More soon.
goop appreciates the patience ๐ค
@perpadfun been grinding behind the scenes and the results are starting to drip through
98M $HYPU already bought back and burned
supply keeps shrinking
keeper keeps tekking
the 25x $HYPE perp keeps working
thanks for staying locked in ๐
the goop is only getting started