borny
@BWCrpyto
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Joined October 2020
“But Ore is just gambling, so I just wanted to give you an opportunity to speak about that specifically.”
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how does this make sense $RAY - $346m mc ($77k 24h rev) $ORE - $87m mc ($360k 24h rev) Also a big difference here is that $ORE has native yield, is net deflationary and uses 100% of revenue towards buybacks, which $RAY simply does not do. For everyone sidelined, you’re early!
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Toly — the founder of Solana — built the blueprint for a new kind of trading system called Percolator. It’s basically the next-generation foundation for perpetual exchanges (perps), which are like decentralized futures markets. Right now, every major perp exchange (like
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$PERC olator is submitted in the Solana Cypherpunk Hackathon, powered by @Colosseum ! We’re pushing the limits of on-chain perps parallelized matching, shared margin, and horizontal scalability. 🔗 https://t.co/7052wWkECw
#Solana #DeFi #Hackathon
arena.colosseum.org
Join the Solana Online Hackathon powered by Colosseum.
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@garbinsky182 6 days in, and $PERC already has: ✅ Live devnet UI with on-chain trading ✅ Sharded perps running on Solana ✅ Test slab open to the community ✅ 50+ formal verification proofs ✅ Official fork of Toly’s repo ✅ Entered in the Solana Hackathon ✅ 1700+ Community Members ✅ 1.3
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ibiza final boss had 24m views on tiktok in one day. this has 166m views and +21m likes in one day. Tons of goon material incoming on tt imo $diva is just getting started DzEXKfbt1F55z6HpZcgtLd8Z5MZa43dAjnJJ5Gdhpump
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raid this too kek
@Percolator_ct ser i’m not talking ab the meme coin, there is a literal crazy man building out the actual platform @HaidarUmmIDK who forked tolys initial design
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@solana is the perfect breeding ground for this, CT as a whole has been waiting for something that everyone can rally behind, a true underdog story, capturing every relevant narrative that’s been shoved down our throats $PERC
At peak- Solana: 3,200 TPS, $0.006 fees Base: 1/10 throughput, 500× the cost Ethereum: 1/100 throughput, 10,000× the cost There’s really only one viable chain for internet capital markets (yes that’s a log chart)
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speculation is warranted and this won’t happen overnight but @toly has been dropping hints along the way with each new daily comment that @toly publicly states, @HaidarUmmIDK is implementing into his platform in real time to ensure it’s aligned with the vision
Good news. Claude has just glazed me that a single router that handles margin is able to balance between amm and a price time queue external matching programs. So design wise this seems totally doable. Single top level margin / risk manager that splits all the trades across
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with the finish line near, it’s only a matter of time before @toly acknowledges @HaidarUmmIDK accomplishments https://t.co/SXhKj5qTEc
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we are witnessing it being built out in real time with $PERC in only a few days @HaidarUmmIDK has forked @toly initial layout for a true perp Dex on @solana and has managed to build it while live streaming on @pumpdotfun many have run to @grok to review its legitimacy
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what market share of volume could a native perps DEX capture? entirely speculative but with a rapidly growing market even capturing a minor portion of a $10T market would like, 0.5% - $50B 1% - $100B 5% - $500B what would that mean for revenue from such a platform on @solana ?
⚡️HYPERLIQUID FLIPS BNB CHAIN! In the past 24 hours, Hyperliquid generated $2.4M in fees, surpassing BNB Chain’s $1.6M.
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prior to the release of $ASTER we’ve seen $HYPE dominate the market $HYPE peaking at +$15B mc $ASTER peaking at +$4B mc what would happen if @solana had a truly native perpetual decentralized exchange?
Top 10 Perp DEX Tokens by Market Cap *Only includes top 10 protocols sorted in descending order by mcap
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how big is the perps DEX market? in 2024 it accounted for $1.5T in volume ($330m accrued in fees) which doubled its figure from 2023 just within the last 30 days, with the surge of $HYPE & $ASTER they both have accounted for +$1T in volume & millions in fees accrued there’s
Crypto’s largest PMF → ability to make people rich. Perp DEXes do exactly just that and allows users to “long any types of degeneracy” in our hyperfinancialised world. Quick primer • Perp DEXes are 24/7, self-custodial venues to trade perpetual futures; no expiry, with
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Here is a minute and half video I just filmed. I took the GitHub repo and put it into Claude and told Claude to make a simulation of it. This is the code in work!!!
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