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@0xrelied

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@0xrelied
relied🫐
1 year
1/9 A lot of people have seen the open trades from @Rewkang on @GMX_IO and are asking: "What will happen to $GLP when he closes these trades". Let´s check.
@Rewkang
Andrew Kang
1 year
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@0xrelied
relied🫐
1 year
1/7 I hear a lot of : "$GLP is rekt, the pool is getting drained from traders..." Here are some easy facts: 1) Traders PnL was flipping green yesterday. People just tend to not look at the bigger picture...
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@0xrelied
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2 years
@justinsuntron His Excellency Justin Sun is a reputable investor with a clean reputation. I could not think of anything that could possibly go wrong
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@0xrelied
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9 months
@PicturesFoIder Döner Kebap
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@0xrelied
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1 year
@HukAleksandra It’s your personal choice and that is good. Anyhow, can we stop it that everyone larps as an expert in immunology /epidemiology? 99% of the population have 0 clue about that and need to trust experts. And yes, they do know what they’re doing the same way a rocket engineer knows
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@0xrelied
relied🫐
1 year
1/9 It´s this time of the year (again), where a lot of "$GLP is getting drained" articles are popping up. This time it is (again) about "one magnificent trader @Rewkang ". Let take a look at that (again):
@alphanonceStaff
alphanonce Intern
1 year
GMX is at stake @GMX_IO is the most profitable dApp in the space. It has generated $18M as fees for the last 30 days. The protocol distributes $2M to $GMX stakers weekly However, GMX is also experiencing an existential challenge Why? One magnificent trader, @Rewkang 🧵
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@0xrelied
relied🫐
11 months
With @GMX_IO V2 coming closer let´s take a look what it got in store, In this thread I focus on: 🫐 Wrap up GMX V1 🫐 Markets and liquidity While this is only a glimpse of what to expect, it is a good introduction of the toolbox GMX V2 is going to offer
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@0xrelied
relied🫐
1 year
1/13 My recent tweet about DEX perps made me think more about how to reliably compare the user base/trading volume. What came out is the following: -Number of unique addresses trading in 30 days -Average trading size -% of volume contributed from top traders -Token incentives
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@0xrelied
relied🫐
2 years
Can we just take a minute and appreciate how smooth the nitro upgrade went? Number of transactions through the roof, no problems whatsoever. Kudos @arbitrum
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@0xrelied
relied🫐
9 months
GM(x) frens 🫐❤️ After messing around with @GMX_IO V2 for almost 2 weeks I want to breakdown why I think it is (once again) defining a new gold standard for the DEX perp sector. I start with a breakdown of the liquidity and fee model. Welcome to the beautiful new world of GM.
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@0xrelied
relied🫐
1 year
1/10 Short fact check about recent tweets about "Avi performing the highly profitable trading strategy vs GMX, quoted by @adamscochran :
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@0xrelied
relied🫐
1 year
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
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@0xrelied
relied🫐
9 months
GM(X) everyone. The @GMX_IO V2 beta has been live for 5 weeks now, time to take a look at the performance $GMX V1 vs V2. For the sake of simplicity I am only looking at stats from Arbitrum and not AVAX. Topics covered: (1) TVL (2) Volume (2) Open Interest (4) Fees
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@0xrelied
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2 years
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@0xrelied
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8 months
Once again @GMX_IO is defining a new standard for the DEX perp sector. This time together with @chainlink : Chainlink Data Streams solve and improve a series of limitations for oracle based prices for DEX perps: $GMX 🤝 $LINK - Elimination of oracle front running issues due to
@chainlink
Chainlink
8 months
Leading decentralized perpetual exchange @GMX_IO is now leveraging Chainlink Data Streams on mainnet to access high-frequency market data & automate trade settlement. The result is a superior user experience and greatly improved security that doesn’t compromise on Web3 values.
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@0xrelied
relied🫐
2 years
1/4 @GMX_IO absolutely killing it at the moment. The thing I am most excited about rn anyhow is GBC trading by @GBlueberryClub . Your GBC NFTs will make you eligible for yield from the treasury which can be used to trade on GMX. This makes up a new use case for NFTS.
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@0xrelied
relied🫐
2 years
You are not ready for GBC trading, cousin @GBlueberryClub @GMX_IO
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@0xrelied
relied🫐
1 year
I already miss the glorious time before the $ARB airdrop where everyone was just vibing how great of an experience Arbitrum is
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@0xrelied
relied🫐
7 months
To open his $5.5m $ETH short position on @GMX_IO V2, @0xSifu paid circa $4k opening fees and price impact. Since the OI is slightly long skewed ($12m: $11.6m) he is paying $0 borrow fees and earning funding fees at the same time (ca $1k so long). Closing the position right now
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@0xrelied
relied🫐
1 year
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@0xrelied
relied🫐
3 years
@ErwinLindeman20 @elonmusk It probably can’t get any more German than someone correcting details on Elon’s first German tweet 🤣🤣😅
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@0xrelied
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2 years
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@0xrelied
relied🫐
4 months
Every time I check @GMX_Staking_Bot I realise that simply buying and staking $GMX pretty much outperformed most of my trading activities in the last 3 years. Even big positions like @CryptoHayes ´s $GMX position, which he mainly accumulated between March-September 2022 (and
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@0xrelied
relied🫐
2 years
@cobie @justinsuntron @Twitter @elonmusk There is no way I would survive a potential Justin-Irene DAO
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@0xrelied
relied🫐
2 years
@Pentosh1 1153% I like to keep it at healthy 11.53x leverage
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@0xrelied
relied🫐
6 months
Since there has been a lot of discussions in @GMX_IO unofficial lately about that: Some key bullet points differentiating GLP and GM (1) GLP 🫐 Collects fees from trading in a separate pool 🫐 Fees are swapped weekly to ETH and distributed to LPs and $GMX stakers. 🫐 GLP price
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@0xrelied
relied🫐
1 year
1/13 Would like to address some things from the following treat: The author is mainly bringing up 2 concerns: 1) 0 slippage is subject to market manipulation 2) GLP is not hedged and big moves in the market will eventually drain the supply
@degentradingLSD
degentrading
1 year
1/n - Why @GMX_IO will fail
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@0xrelied
relied🫐
6 months
I´m just a small fish, but here is a play for some folks with fire power: You currently get up to 90% APR in funding fee on @GMX_IO for shorting to balance the pools. For shorting $ETH, there is >$12m available liquidity. Dynamic funding is active, so you do not need to expect
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@0xrelied
relied🫐
1 year
1/10 @spin_fi launched their stats site today just a couple of hours ago, something I was eagerly waiting for. You can check it yourself on . Lets take a look at the platform and some first stats:
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@0xrelied
relied🫐
2 years
1/13 Learned a lot about @UniDexFinance today (thanks @kishanamin97 ). Quite amazing what this protocol has in store: Spot meta-aggregation, rpc meta-aggregation, perps and perp aggregation. 1) Spot meta aggregation: It basically is looking for the best price for your requested
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@0xrelied
relied🫐
8 months
#NewProfilePic Winter is coming. Blueberries are here to reign 🥶🫐 $GMX @findGBC
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@0xrelied
relied🫐
1 year
1/4 Let me see if I got the line of events correct: 1) We got Arbitrum, it was improved multiple times (NITRO) and has proven to be a reliable base layer for DEFI 2) The ARB foundations launches token as the biggest stimulus check to the community ever
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@0xrelied
relied🫐
7 months
So we have ONE bullish weekend and what we get is: 1) Fee market share at ATH 2) Pending fees at 3.5x the current weekly fees 3) GM Pools easily printing 10-20% APR without any incentives. Idk guys, looks kinda like a big deal to me
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@0xrelied
relied🫐
2 years
$GMX chadding it 😰
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@0xrelied
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1 year
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@0xrelied
relied🫐
2 years
Everybody is talking about @GMX_IO but have you checked the associated @GBlueberryClub in detail? It is more than just the ubiquitous PFPs, more so a treasury reserve which will utilise GMX paying yield to NFT holders. Check it out @TheCryptoDog @AlgodTrading @tanoeth @itburnzz
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@0xrelied
relied🫐
2 years
5th of October now officially the day of the blueberry. GM(x)
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@0xrelied
relied🫐
1 year
Merry Christmas, frens ❤️ (just a little Christmas short @STFX_IO )
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@0xrelied
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1 year
Happy to joining @STFX_IO as an ambassador. Great platform to socialise DEX perp trading via @GMX_IO . Looking forward to learning even more about them now.🪐❤️🫐
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@0xrelied
relied🫐
7 months
GM, GLP and AMM LP. Do you know the differences? I am seeing getting these confused a lot, so here is a wrap up about these 3 and some use cases (NFA): (1) AMM LP (dual asset) Contains 2 pooled assets. When you enter into a pool you get a LP token in exchange. The LP token is
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@0xrelied
relied🫐
6 months
This is how a $12m position in $GMX with 114% MP boost and $2.3m in $ETH from rewards looks like
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@0xrelied
relied🫐
1 year
1/8 Here is my bull thesis around @muxprotocol and why it is doing great rn: Volumes are constantly increasing, but still WAY lower than comparable protocols like @GMX_IO or @GainsNetwork_io .
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@0xrelied
relied🫐
2 years
First NFT to distribute regular ETH rewards to holders/stakers. Strongly connected to the mothership GMX. You gotta love it
@findGBC
GMX Blueberry Club 🫐
2 years
GBC 2022 ROADMAP IS OUT 🫐
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@0xrelied
relied🫐
4 months
You are not bullish enough! $GMX
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@0xrelied
relied🫐
10 months
Don´t get trapped in paid CT shills, frens ♥️
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@0xrelied
relied🫐
2 years
Based @LeverageInu team using swap fees from UniV3 liquidity pair $LEVI - $ETH to trade on @GMX_IO and @Buffer_Finance to build a treasury, as well as investing into $GLP. Very interesting concept of Memefi: using a meme to build a treasury and support the @arbitrum ecosystem.
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@0xrelied
relied🫐
1 year
Where are my fellow cold enjoyoooors at ? 🥶
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@0xrelied
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2 years
You know you’re super bullish for @GBlueberryClub when 90% of your recommended tweets are fellow blueberries. GMI
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@0xrelied
relied🫐
9 months
@PSYTWEAK Fantastic product. I love it. Will recommend it to family and friends
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@0xrelied
relied🫐
2 years
Swiping the floor @GBlueberryClub
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@0xrelied
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1 year
@JackNiewold @0x_zak When did wash trading started to become a bullish thing ? 😂😂
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@0xrelied
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1 year
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@0xrelied
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1 year
1/10 With the upcoming tokensale on @STFX_IO lets take a first look into some of the stats the platform generated so far. Keep in mind it is still in alpha state with a lot of restrictions in place. Once again, @JamesCliffyz designed a fantastic @DuneAnalytics dashboard
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@0xrelied
relied🫐
2 years
MakerDAO is considering a $3.5 billion GMX market buy, converting all USDC from the peg stability module into GMX. Sauces
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@0xrelied
relied🫐
1 year
1/5 Not much known about @PepesGame yet, but with the success of $DICE, $ROUL, $AGC and $ARC the small cap #GambleFi projects are running strong. Will @PepesGame close the gap to big caps like $RLB or will it connect #GambleFi stronger to projects like $BFR? Here is what is known
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@0xrelied
relied🫐
6 months
Open interest: Up only TVL: Up only $GMX
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@0xrelied
relied🫐
1 year
Fantastic day for the @GBlueberryClub 🤝 @muxprotocol partnership. A new daily ATH of volume on MUX with >$100m in volume routed through @GMX_IO . All trades routed through GMX let traders participate both in the GBC- and the MUX trading comp at the same time.
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@0xrelied
relied🫐
5 months
So...traders took the biggest hit to date on $GMX V2 today. Volume went straight to ATH. Fees spiked to another ATH. The OI didn´t even blink and got filled almost straight to ATH again. I need to get that leverage trade on $GMX open again.
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@0xrelied
relied🫐
2 years
TVL of GMX almost unchanged in the last month. Despite tanking market and major cliff dives from most protocols . GM(x) blueberries 🫐❤️
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@0xrelied
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9 months
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@0xrelied
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5 months
Here is a play for those of you that hold and stake $GMX and want to enjoy maximised yield and don´t mind some serious Defi fun: @Dolomite_io recently added the possibility to allow $GMX as collateral for borrowing against it. Here comes the clue: You can transfer your entire
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@0xrelied
relied🫐
2 years
Quick reminder to try out trading on $GMX next week 🫐❤️
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@0xrelied
relied🫐
2 years
Check out @GMX_IO . Besides being the major platform on @arbitrum it has the launch on @avalancheavax right around the corner (01/06/22). It comes with rewarding tokenomics and a high APR funding system. I personally am in love with @GBlueberryClub the NFTs for the GMX ecosystem
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@0xrelied
relied🫐
7 months
What a beauty $GMX V2 🫐♥️
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@0xrelied
relied🫐
2 years
@intocryptoverse Don’t see any problem here
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@0xrelied
relied🫐
1 year
$ARB is the leveraged play on $ETH, how about we apply some leverage on top of that?
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@0xrelied
relied🫐
7 months
When Ethereum wallet support for leverage trading in my @Tesla @elonmusk ? $GMX 🫐❤️
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@0xrelied
relied🫐
10 months
Oh you want to buy $ARB and get paid for it? Your new best friend just entered the stage @GMX_IO V2 @0xngmi
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@0xrelied
relied🫐
1 year
Some interesting comparisons around the open interest during the current run up: @GMX_IO : 80 : 20 (long : short) @muxprotocol : 70 : 30 @GainsNetwork_io : 60 : 40 @rage_trade : 56 : 44 @UniDexFinance : 50 : 50 Gonna be interesting to see how this plays out.
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@0xrelied
relied🫐
7 months
GM - No IL. Bulls love it. $GMX
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@0xrelied
relied🫐
2 years
Actual footage of todays X4 announcement. Thx to DE
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@0xrelied
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1 year
@AlgodTrading You grew up in prison?
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@0xrelied
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2 years
@justinsuntron @Ukraine @FedorovMykhailo Dude, it’s a donation. Not marketing. Just stop it
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@0xrelied
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2 years
#NewProfilePic 🫐 pilled
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@0xrelied
relied🫐
7 months
While you´re busy on CT...
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@kaiynne
kain 🍊
7 months
A lot of projects start as a fork and either differentiate or die, it has been fascinating to watch GMX start as a novel design and progressively transition to a fork of Synthetix. Progressive forkilization 😂
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@0xrelied
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4 months
There is a bright side to everything $GMX
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@0xrelied
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4 months
I wouldn’t mind. $GMX
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@0xrelied
relied🫐
1 year
1/7 Today @chaos_labs published an article in the GMX gov forum presenting their @GMX_IO risk dashboard. This one really lifts trading analytics for GMX to a new standard. Let´s take a look.
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@0xrelied
relied🫐
6 months
Nooooo they can not simply pay out 60% yield to 200% boost000rs, nooooo. $GMX
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@0xrelied
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2 years
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@0xrelied
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1 year
CT full of larps being sure about $GLP and $GMX getting giga rekt gives me bullish vibes. Bring it on 🫡
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@0xrelied
relied🫐
1 year
So I was trying to swap some $ETH for $MOD on @arbitrum today via @1inch . Received only 35% of the tokens despite tight slippage. Apparently, @1inch did not route via @CamelotDEX but via @SushiSwap screwing up the swap. @1inch you NEED to fix this. this is BAD! @modular_wallet
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@0xrelied
relied🫐
6 months
Some more pics from yesterday, truly amazing 😻
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@0xrelied
relied🫐
6 months
Enjoying some northern lights 🙏🏻
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@0xrelied
relied🫐
2 years
@dinaamattarr Really liked your tweets, but this $KASTA shilling is a no-go. I get that you guys are getting paid, but man this just scam
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@0xrelied
relied🫐
2 years
@AlgodTrading Man, I am simply over it with this stable coin shit. Can we just go back to pumping tokens? I don’t want any yield on a ponzi stable coin and take the risk that it goes to 0 for a lousy 20% APY
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@0xrelied
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1 year
Did I just get the first STV filled with $1k ? @STFX_IO @STFX_Intern
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@0xrelied
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7 months
Show me a better picture to depict demand for DEX perp liquidity. You can´t. $GMX
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@0xrelied
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1 year
4/4 7) Seeing the fast development, I am sure we will start using $XRP and $ADA again soon.
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@0xrelied
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7 months
“Fear not for I am with you. In nomine patris et filii et spiritus sancti” Pater Pepe reading from the book of $GMX 41:10 V2
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@0xrelied
relied🫐
6 months
GM pools are printing, especially $SOL and $LINK pools with around 50% APR and no IL. Open interest for almost all pools is maxxed out. $GMX tec gud tec
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@0xrelied
relied🫐
1 year
Update on the @STFX_IO sale: The time window for WL deposits got closed, sale is public now and will last for another 3 days. As of now 4/5 of the sale target has been achieved already:
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@0xrelied
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1 year
Call me the $MAGIC drain000000r @riskydotlol @Treasure_DAO
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@0xrelied
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6 months
$SOL GM casually giving >70% APR and deposit limits just have been raised to open up for an additional $1.5m liquidity. $GMX
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@0xrelied
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6 months
So let me wrap this up about @muxprotocol : 😉 Open interest, volume and routed volume approaching ATHs 😉 Protocol income reaching ATHs, with projected ETH APR >60% for $veMUX next week 😉 Fees from routed volume solely going to $veMUX lockers 😉 Circa 50% of the total supply
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@0xrelied
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1 year
1/12 @PepesGame just announced their public sale to happen on the 4th of April 12PM UTC. And...OH BOI, ....this one is a crazy one 👀. Check their Medium for details and let me break it down for you. Get ready for some crazy gamified stuff.
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@0xrelied
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1 year
Don’t mind me. I am just a simple blueberry degening around with magic internet coins on high leverage @GMX_IO @STFX_IO @GBlueberryClub . 🫐🪐❤️Thank you @pepecasso1
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@0xrelied
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1 year
1/7 With the recent launch of $ETH and $BTC perpetuals @spin_fi has been expanding their perpetual contracts offer. Spin is different from several other competing protocols since it offers on-chain order book perpetuals with the goal to achieve high capital efficiency on-chain.
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@0xrelied
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6 months
$GMX V2 OI just flipped V1 OI. feels good. 🫐♥️
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@0xrelied
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10 months
Look at that beauty $GMX V2. Perfectly balanced, $6.25m OI after 3 days. Bot by @SniperMonke01
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@0xrelied
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1 year
Imagine you are communication manager for another DEX perp and think that salty tweets like that bring more users to your platform / the space forward 🤦🏻
@MattLosquadro
MattLosquadro.eth
1 year
Only 4 months behind the curve on this one! thankfully @synthetix_io perps off-chain oracles have been fully decentralized since day 1
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