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[dTfN @deTEfabulaNar_]

🎥 PERP DEX'LERDEKİ TÜM FIRSATLAR!
yeni video yayında!

- @variational_io'da son puan haftası,
- @TxFlow_L1'da puan sistemi gelmedi erkenci olun,
- @risextrade'de $arb ve $hood'a %20 boost,
- @popdex_ 15 günde bir ödül veriyor,
- @Lighter_xyz'da puan almak hala verimli mi,
- @QFEX'in verileri iyi ama erken dönem mi hala,
- @pacifica_fi ekibinin bonkörlüğü,
- @hibachi_xyz, @arc sonrası dönem,
- @entropyIO'de son durum ne,
- @reya_xyz'da v2 yükleniyor,
- @OndoPerps'de son 3 hafta...
- @arcus_xyz'da son durum ne...

iyi seyirler...

[Branxi @OG_Branxi]

just read what the @QFEX Founder and CEO wrote about tokens and points
more convinced than ever they're taking the #1 perp spot post Variational TGE

here's the TL;DR:
• Tokens are a way to reward early users and bootstrap the product. Exchange users want to earn, not pay, so the platform needs to make them richer.
One way to do that is an unvested airdrop for early adopters.
This creates a flywheel:
early users get richer -> trade on the same venue -> fees grow -> token price grows -> more activity

• Points make rewards measurable (like credit card miles). But the program must be transparent:
> Clear metrics: volume, fees, OI, deposits, referrals
> No changing rules retroactively
> No incentivizing wash trading

Bad points programs generate massive fake volume with zero product-market fit. It's better to reward feedback and real early adopters rather than sybil/wash trading.

• Advanced traders treat the points program like a trade:
> If $1 of expected reward costs $5 in fees, they walk away.
> If $1 of value to the exchange nets $5 in rewards, the platform slashes incentives.
> Equilibrium sits in the middle: the exchange shares a slice of created value with those who came early and took the risk.

A good token launch is a mechanism that decides how much bootstrapped value stays with the company versus going to early users.
Early users are disproportionately important, so they deserve a disproportionately large share.

Being early is everything, even the founder is telling you straight up.

Invites:
CKDE4516
DVYPAHJ3
RB2Z04CS

CFHHGVN7
AW9JEG0S
NYZGH7FM

9WARJ69T
NAYXGW9Q
1XKE0QRM

[Ondo Perps @OndoPerps]

Ondo Perps is live on @vooi_io with up to $15K in rewards.

Leverage pre-built delta-neutral strategies through VOOI’s Arbitrage Desk ↓

[Louis.hl @louisdives]

Entropy just gave an airdrop in hyperliquid:native through their rebate system.

I got 3.71 hyperliquid:native , Thanks @entropyIO !

Btw, if you guys use my reff you will get the high benefit.

It's 100% benefit while other people reffs are only 50%.

Link: https://t.co/tjzCSF0rrH

So feel free if you want to use my referral to get the highest benefit!

Enjoy the benefit!

[AI探路者Tim @AIExplorerTim]

想象一下，你最丑的一张照片，几秒钟就能变成专业级艺术作品！

更神的是，ChatGPT 6 Astra 能做到这点，而且不会改变你原本的面部特征。

下面这 6 条指令（Prompts）能让你用对这项能力，用法如下：

1. 打开 ChatGPT。
2. 让它启用图像生成功能（imagegen skill）。
3. 选择 GPT-6 Astra。
4. 复制粘贴下面的指令。

[linenmito @linenmito]

Robinhood Chain / Lighter OI Points Farming

Another farming we’re currently running is OI points farming through the @Lighter_xyz web interface on @RobinhoodCrypto Chain.

Using cross margin, we maintain a long/short basket designed to minimize directional exposure while adjusting individual positions as needed.

The strategy currently maintains gross OI at approximately 20x deposited capital.

Based on what we have directly observed so far, maintaining $1M in gross OI generates approximately:

- 0.22 Live Points per hour
- 5.3 Live Points per day
- 37 Live Points per week

Lighter has allocated a total of 11M $LIT to the Robinhood community.

Assuming each point ultimately converts into approximately 7.33 LIT, the estimated gross APR at 20x gross OI relative to deposited capital would be:

- LIT at $3 → ~85% APR
- LIT at $4 → ~113% APR
- LIT at $5 → ~141% APR

These estimates only include Live Points accrued in real time through the Lighter web interface. They do not include the additional Weekly Drop distributed every Friday.

One important detail is that trading on Lighter through Robinhood Wallet currently provides a 2x points multiplier.

However, positions opened through that interface only support isolated margin.

For a strategy designed to maintain OI over longer periods, I personally believe that using cross margin through the web interface provides greater practical value than receiving 2x points under isolated margin.

Cross margin improves capital efficiency and provides more flexibility when managing liquidation risk across a hedged basket.

There are still several risks to consider:
- Funding-rate differences between the long and short positions
- Basis and beta mismatch within the hedge basket
- A breakdown in correlation during volatile markets
- Changes to the points formula or the eventual LIT conversion ratio
- Counterparty and protocol risk
- Liquidation risk during sudden market moves

Once we have accumulated enough data on the Friday Weekly Drops, we will update the APR estimates to include that component as well.

For now, the figures above represent gross APR based solely on Live Points, before accounting for funding costs, directional PnL, and execution costs.

(One final note: liquidity is still relatively shallow on some pairs, so using TWAP orders is recommended to minimize slippage.)

Referral link: If you found this useful and plan to try it, I’d appreciate it if you use my link below. I may receive referral rewards if you do.

https://t.co/XPcnugHaTl

[Planemo Trading @PlanemoTrading]

Less than 10 hours to go for our week 1 @OndoPerps x @PlanemoTrading competition.

Jump in late or get ready for week 2 now.

https://t.co/I7BFKZ9UmZ

[philarmonia @philarmonia0x]

This isn’t just another crypto perp

If you’re already trading on @QFEX or still deciding whether to start - watch this podcast with @annanay. It gives a much clearer picture of his vision and where the product is actually going

The actual goal is much bigger: build an exchange that eventually has retail traders, institutions and the biggest players in TradFi all trading on the same venue

Leaving the last part of the episode here in text, where they get into QFEX and the roadmap

- Question
You’ve raised a relatively small amount of money at QFEX, and you’re trying to compete with some of the biggest players out there. Do you think your exchange could ever become a multi-billion-dollar company?

- Answer
Yeah, absolutely. I’m very confident it can. QFEX is basically the embodiment of everything I think crypto gets right

I’ve mostly traded on crypto exchanges. Crypto was actually my first job, and I looked at these guys and thought, “They’re doing everything right”

If you understand trading and markets, you realize they’ve built pretty much the perfect exchange - except for one thing: they list crypto

Why trade all this stuff? There’s no real value in a lot of these assets, so I think you need to take a different approach

- Question
So you don’t think crypto tokens have any value?

- Answer
Some of them definitely do. But I think one of the biggest problems with crypto is that it hurts its own reputation by listing way too many coins. Binance has around 350 coins, Coinbase has roughly the same, and 99% of them are basically scams

There’s definitely value in some of it, but I thought the real opportunity was to apply this technology to meaningful asset classes that actually have a positive impact on the economy

Nobody had really built an exchange like that, so I thought, “I’ll just build it myself”. Now there are a few other people working in this space, and it’s actually really interesting to see other very smart people come in and try to build the same kind of thing we’re building

Every day we wake up thinking: how do we scale this? How do we get everyone onto the platform, I mean retail traders, institutions, and everyone else - so that eventually everyone is trading on the same exchange?

Because we believe that’s fairer, more efficient, and allows markets to extract less money through exploitation and fragmentation

And financial markets, as you know, are absolutely massive. Even if you save everyone just a fraction of a basis point every year, you’re still talking about trillions of dollars in annual trading volume. So this is a serious problem we’re working on

We have a really strong team. Even our marketers have engineering backgrounds. It’s an incredibly exciting space, and I think there’s no better time than now to build it

A few codes for you with 10% off trading fees

Q5E3QCTH
4E11VYX7
CE01YDQ3
5K2V2RBV

If they can actually pull this off, QFEX won’t just be another perp, it could become something much bigger

Worth watching closely while it’s still early

[Planemo Trading @PlanemoTrading]

Launch thread did 10k views on tweet 1. Almost nobody scrolled to tweet 3, where we said week 1 users get something we haven't announced anywhere.

Here it is now.

Public @OndoPerps x @PlanemoTrading leaderboard, ranked by volume. Still fewer than 40 people on it.

- standings refresh hourly
- prize pool drops Friday (tomorrow)
- your actual volume stays hidden until Sunday
- week 1 closes Monday 31 Aug, 20:00 UTC

Watch it here:

https://t.co/AY4hmO6KBI

Not signed up yet?

Same link as before, first trades usually land within hours.

[DBCrypto @DBCrypt0]

Another $8.5M stolen this morning 🤦‍♂️

Audited code
Zero exploits
Perfectly legal vote

3rd major DAO attack this year

The attacker started with 2 ETH out of Tornado Cash and bought governance tokens

That was enough to seize 100% voting power in 4 of the 5 USDC vaults and about 91% of the ETH Meta Vault at Term Labs

Then he did exactly what you would expect

Proposed sending himself the money
Voted yes
Executed 😂

2,843 ETH gone about $6.87M and 1.68M USDC swapped to DAI

Can’t have Circle freeze your funds of course

PeckShield and CertiK confirmed it on-chain and the crazy part is that Term Labs' contracts are fine

Audited
Nothing bypassed
No reentrancy
No oracle manipulation
No keys lost

Someone just bought full control of the DAO for 2 ETH…

[3lixbt (🗣️,🤝) @3liXBT]

https://t.co/1ZRWV0JsK9

[Alvaro Maestro @alvaro_maestro]

Le pregunté a un amigo que trabaja reparando móviles por qué su iPhone le duraba todo el día sin cargador, mientras el mío se moría a media tarde siendo el mismo modelo. Se rió, cogió mi teléfono, y en cinco minutos me cambió una serie de ajustes que no sabía ni que existían. Desde entonces llego a casa con batería de sobra para el día siguiente. Estos son los 9 ajustes que me hizo en el iPhone para hacer casi un X2 en la duración de la batería👇

[Anish Jaitwar @AnishJaitwar]

Sam Altman (CEO of OpenAI):

"You no longer need to write prompts."

In just 38 minutes, he explains how to use ChatGPT at a level that most people can't even imagine.

It's a talk he gave to Stanford students. A friend sent me the recording last night.

After watching it, I realized I was only taking advantage of about 15% of what this tool can really do.

Watch it in full and then read the guide I leave below on how to create a system that prompts itself.

Follow @AnishJaitwar for more

[Branxi @OG_Branxi]

while you’re still calculating point prices on other perp DEXes and hunting for OTCs that won’t scam you…

in @perpltrade you already know: 1 mPoint = $1

check your points for the past week - it was the biggest ever with 431M total volume

my total results:
441 Points
298 mPoints = $298

still have 11 weeks left to farm mPoints and exchange them for $MON rewards

I traded the entire past week only with @tread_fi bot, mostly $BTC using DGrid mode - worked good

don’t forget about Treadfi Season 1.5 that’s currently running

Perpl + @monad are breaking into the top of the metrics lists
the key is that the product itself keeps developing - without that, long-term growth is impossible

5% points boost - https://t.co/d3hlwRXk3P
TreadFi - https://t.co/mGlcWzQLhF

[11 @temik0000]

https://t.co/KrP51m1KaX

[Louis.hl @louisdives]

https://t.co/n272ULOWCa

[Callum @CallumOnCrypto]

Many people are acting like they are entitled to their airdrops - it's a serious problem

Sorry to those who lost money farming Dango, and all the other Perp DEXs that are rugging / getting exploited / etc

This links to a deeper point, that many of you (farmers) miss as you are blinded by the opportunity of money

It's almost like there are a swarms of projects out for the quick cash grab after Hyperliquid, and so many have failings:

> Incompitent teams
> Rushing (leading to vulnerabilities)
> Malicious Intent regarding user's funds
> Teams focused on the cash grab
> etc etc

-

Not only are the projects terrible and full of red flags, but there are so many KOLs leading their followers like lambs to slaughter

They just want the ref fees and free airdrop points

Their risk/reward is ENTIRELY different to yours as an airdrop farmer if you don't have referrals propping you up

Many have been rushing to delete their posts on all the recent rugged/exploited projects too

-

I'm not trying to pat myself on the back, but I try my best to only post about projects that I am actually spending my money on farming myself, done hours of due-diligence, spoken with the teams, meticulously read the docs, tested it out myself, etc

I've turned down a lot of money by not taking 99% of the affiliate offers I get. Every Perp DEX out there.

The last project I affiliated myself with was Variational over 1 year ago

If you are consistently picking the wrong projects, you either need to follow advice from people who have historically been accurate and respectful of their followers, or personally do the due-diligence.

Use my points above as a checklist if you like. It's a good skill to learn. One of the more valuable ones tbh.

-

This post is not about Dango specifically, but Dango illistrates the point I'm trying to make

Most people have it backwards on effort regarding project selection VS farming optimisation

The later is useless without the former!

[Yoliu.Var @Yoliu_]

Today @grvt_io just taught me the most expensive lesson of my farming career. posting the receipts because someone should.

$63,178,126 of volume on their platform.
roughly $15 - 20k paid in fees to generate it.
claimable at TGE today: ~$200.

that is 1% of what I spent, recovered.

here's what makes it worse than a bad trade.

the official docs offered a choice. take the Multiplier Plan and lock your tokens for 4 or 8 months for 2x or 4x. or skip it and, in their words, receive your full allocation at TGE with no multiplier.

I skipped it. I chose liquidity over a bigger number.

what actually landed: 5% today. 10% in November. 40% in March 2027. 45% in July 2027. a twelve month vest on the option that was sold as no vest.

so the choice was never really a choice. everyone got locked. the people who took 4x got locked and paid for it. the people who took 1x got locked and got nothing for it.

my cost per token: I paid roughly $1.21 in fees for each GRVT I was allocated. GRVT trades around $0.28. I bought my own airdrop at 4x market price and I have to wait until July 2027 to find out how badly.

the lesson has nothing to do with GRVT specifically:

fees are not a detail of farming. fees ARE the farm. you are buying tokens at an unknown price with a known cost, and if the venue charges you to generate volume, you are paying retail for a lottery ticket that might vest in 2027.

which is exactly why my capital sits where it sits now.

$136.66M of volume on @variational_io. fees paid: zero. cost per point: negative, because funding pays me to hold. points are liquid pre-TGE via OTC if I ever want out, and I can see the bid live in the dashboard.

$63M cost me $15-20k on one platform. $136M cost me nothing and paid me on the other.

I am not posting this to dunk on a project. I am posting it because I ate a five figure loss learning something obvious and you should get it for free: check what the volume costs you BEFORE you check what the airdrop might pay.

9 Fridays of emissions left on the venue that charges nothing.

https://t.co/OIEFHtY3n2

[cryppi / perpdexlist @cryppimagic]

gm everyone. soon i'm releasing a bloomberg terminal for funding and price arbitrage

inside: data collection from 50 perp dexes and cexes, a dashboard with the most profitable funding and price arb setups across a bunch of filters (volume, OI etc), live orderbook taken into account, real historical funding returns (or losses), not just taking current funding and converting it to APR, no, i'm not doing that nonsense, a detailed visual grapher to track historical funding and price spreads and blah blah tons of other stuff

and yes, everything will be free

bye everyone

[r @ruslan55x]

My assumptions on @risextrade points

Right away I’m evaluating this purely from the perspective of a user interested in the project. These are not official data or statements

In the docs it was stated that S1 will last until Q2 2027, so we can assume that if 200,000 points are distributed per week, the total will be around 10M

But we need to add the 1.6M that were given retroactively + I’d round it up to 12M, because there might still be campaigns with extra point distributions

The % for the airdrop is much harder to analyze - basically pure guesswork since there was no official info. I’d assume it’ll be 25%

That’s the lower end, because Lighter had that, HL had 33%, Variational hasn’t launched yet, but let’s say they go with 30%

Valuation is my favorite part, because it decides whether the points will even be worth anything. I’d set the lower bound at $500M

Because @risechain already closed a round through Kaito at a $200M valuation. Back then there was basically nothing except the product. Right now it’s $3.5B in volume, over $1M in revenue, 16,000+ traders and gaining traction with 30% MoM growth

@0xpostrich dropped a cool breakdown pic where we can see that with these numbers a point would be worth $10

Consider that the minimum. And the maximums go all the way up to $100

Join using my ref link that gives a 15% points boost ⬇️