Overlay Protocol
@OverlayProtocol
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The Exotic Perps DEX. Trade the Untradable - AI, ETH.D, NFT, CS skins, ad infinitum | Backed by Polychain, 1kx, ParaFi | https://t.co/8Rv3nNpoz5
Joined February 2019
You can trade on Overlay dApp directly through Binance Wallet – fast, seamless, and effortless. 🔥 Just pure trading freedom – the way it was always meant to be.
New integrations are now live on #BinanceWallet! Check out the newly added dApps: Audiera, Birdlayer, Astra Nova, SunPerp, Zeeverse, Aegis, Rhea, Holdstation, Overlay, Superp Discover them now! ⤵️ https://t.co/HJS649nnlj
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TL;DR: OI Cap is a limit Circuit Breaker is a timeout Intern is still innocent ✅
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Every market has an OI Cap – a maximum amount of open interest allowed. When traders push too hard in one direction, too many tokens get minted, and that limit gets hit – so the Circuit Breaker prevents any new positions from opening. It’s basically Overlay saying: “Calm down,
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Sometimes you open Overlay, pick a market… and boom – “Exceeds Circuit breaker OI cap.” No, it’s not broken, and Intern didn’t unplug anything (this time)👇
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Intern’s dropping a hint – new Overlay-exclusive markets are coming soon. He even had to blur them out… that’s how spicy they are 👀 Go on, try to guess. And prepare some stables… they’ll come in handy 🧠
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The next wave of unique markets is already being prepared behind the scenes of Overlay. The intern may or may not have seen the prototypes. 👀
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The Trading Fee is what you pay when opening a trade. It’s calculated as: Trading Fee Rate × Position Size 🪙 And Position Size = Collateral × Leverage 📈 Example with ETH/USD: The Trading Fee Rate is 0.001%. If you open a trade with 100 $OVL collateral and 20× leverage, your
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Every market on Overlay has its own Trading Fee Rate – you can find it at the bottom of each market page (‘Risk Parameters’). ⚜️ But how are the trading fees formed? Intern will explain 👇
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High stakes. Pure randomness. 15-minute rounds. Over 500k $OVL in volume since launch. Double or Nothing market is the most terminally volatile on-chain game Overlay has ever introduced – built on pure luck, extreme outcomes, and zero dependence on price action. When trading
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We’re opening a limited, invite-only window for KOLs and creators. An early opportunity is on the table – reserved only for a few. If you’re interested in exploring a collaboration, dm @OmarTheQuant. Let’s cook! 🔥
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It’s Wednesday and our intern just clocked in with a fresh batch of tech updates everyone needs: – Improved security on oracle transactions to keep them safe from frontrunning (MEV ninjas, better luck next time) 🥷 – Updated tokens in the newly deployed SOL Index so it reflects
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$OVL has a unique mechanism you won’t see anywhere else: losses burn tokens, wins mint them. Across every testnet, supply naturally moved toward deflation. On the last one, a massive chunk of the supply was burned. 🔥 And that’s just the foundation. Overlay already runs markets
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Our intern got bored, opened his laptop, and decided to explain what makes Overlay special. Why Overlay? 👇
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The index consists of the market cap of these 10 coins on the $SOL chain: $PUMP, $JUP, $PYTH, $RAY, $HNT, $WIF, $TRUMP, $TWT, $2Z, $PENGU. The market link: https://t.co/E9ZOsWgMJD 📈
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SOL Index Market is LIVE on Overlay Mainnet! ⚡️ You can now trade an index of the top 10 Solana coins and get even more exposure with a single position – clean, simple, leveraged. Pure on-chain speculation powered by Overlay. More details on SOL Index Market 👇
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AI Agents Index Market represents the market cap of the top AI agents in the crypto space. AI Agents are checking on crypto while you sleep, and you can now trade on them when you’re awake. The market link:
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Overlay’s tech team has been busy, and our intern is here to share all the hot updates: – CS2 index will handle market swings even better 🔫 – Oracle fees are being optimized 🔮 – Collateral update – soon you’ll be able to use stables 🔥 – AI Agents Market is live, more details
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Here’s the market link: https://t.co/io5fKhUhIn Have fun ⚡️
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The Chess Market is now live on Overlay Mainnet! ♟️ Trade on the rivalry between Hikaru Nakamura and the market itself – where logic meets volatility. The market’s price depends on real-time blitz rating of Hikaru, and it’s one of its kind, only possible on Overlay. If you’ve
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We’ve just dropped the Double or Nothing market – and one trader, 0x09A…CbEa, broke the bank! He already went all in multiple times and DOUBLED, minting a massive 14K $OVL of profit 💥 His biggest win was 48.75K $OVL tokens! The markets are wild, the rewards are real, and DoN
The first-ever gambling Double or Nothing Market just dropped on Overlay! 🎰🔥 Forget charts, forget strategy – this one’s all about luck. Your trading IQ means nothing here… it’s you vs fate. ✨ Win double. Lose everything. No middle ground. What’s Double or Nothing?👇
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