testnetwhale

draining faucets to fund my highly profitable testnet strategies

[testnetwhale @testnetwhale_]

A 9-part thread series on the key design decisions that go into building an on-chain perps exchange 🧵

[testnetwhale @testnetwhale_]

@ruslan55x @Lighter_xyz @manud_p @vnovakovski @IPALAU1 @hansolar21 @whitesocks256 @CryptoA77468 @yh_0x @vnkaveri @venividi_trade add me pls

[Ostium @Ostium]

Introducing Mainnet Vaults

Deposit Derby: Mainnet Phase One starts today! 🐎

READ BELOW FOR EARLY ACCESS DETAILS.

[testnetwhale @testnetwhale_]

Great overview of the current state of the perps market

[relied @0xrelied]

1/9 Perp DEXes are popping up everywhere, let´s take a breakdown of some high level stats of the Perp DEX sector. I gathered most of the data from the protocol stats pages / Dune dashboards. Big shoutout to @JamesCliffyz for his fantastic overview
https://t.co/U1j77q9Tvt

[testnetwhale @testnetwhale_]

[9] Risks & Mitigation Strategies

[testnetwhale @testnetwhale_]

A thread series on the key design decisions that go into building an on-chain perps exchange 🧵

PART 9: Market Risk & Mitigation Strategies

[testnetwhale @testnetwhale_]

A 9-part thread series on the key design decisions that go into building an on-chain perps exchange 🧵

[testnetwhale @testnetwhale_]

[8] Incentive Schemes

[testnetwhale @testnetwhale_]

A thread series on the key design decisions that go into building an on-chain perps exchange 🧵

PART 8: Incentive Schemes

[Winter Soldier ❄️🙋🏻‍♂️ @WinterSoldierxz]

An epic battle is brewing in DeFi.

This saga, known as "The Liquidity Wars," tells the tale of intrepid innovators vying for supremacy in the realm of perpetual swaps.

An in-depth review of the house pool designs in @GMX_IO @GainsNetwork_io and @synthetix 🧵

[testnetwhale @testnetwhale_]

[3b] Mitigation Strategies

- Use oracles with a transparent, decentralised architecture
- Conduct routine QA checks to validate data quality & outlier detection
- Enact latency checks to avoid using stale data
- Use confidence intervals to adjust params in volatile conditions

[testnetwhale @testnetwhale_]

A thread series on the key design decisions that go into building an on-chain perps exchange 🧵

PART 9: Market Risk & Mitigation Strategies

[testnetwhale @testnetwhale_]

[3a] Ex: @bonfida BTC-PERP misreporting

[Zach Rynes | CLG @ChainLinkGod]

The @PythNetwork BTC/USD price feed reported an outlier value of ~$5,400, while the market wide price was ~$42,700, a percentage deviation of ~156%

This is what happens when your price oracle solution does not provide full market coverage

(Accurate pricing charts below)