Thor

Thor

96,166 Twitter followers

Follow

@nascentxyz | @onchaintimes

Posts

Wrote this piece on perp DEX architectures for @cyberFund_. TLDR: Perp DEXs have strong tailwinds. New designs enable CEX-level UX & costs with blockchain enforced security. However: 1) Not all architectures are equally competitive. 2) No DEX is close to the endgame yet

1/ Perps are a core pillar of crypto market structure. But what’s the endgame? In collaboration with @letsgetonchain, we analyze the architectural choices behind today’s leading perp exchanges. Key question: who will dominate the next leg of growth? https://cyber.fund/content/perps

Alright final poll for the week Will you be buying the Lighter token at TGE assuming it launches around $2-3b?

$ASTER at current price ($2b mcap and $7b fdv) is

Cool to see @DefiLlama adding open interest across perp dexs. Pretty wild how this 20x'ed in less than a year post HYPE TGE (although now down 46% from October 10th).

Kamino Swap has pretty quickly become the best place to swap on Solana. It quite often routes to a better quote than where I would usually swap. We just released a new article covering @kamino_swap diving into recent traction, user savings, aggregator routing dominance and more. Link below twitter.com/0xThoor/status/199...

Loading..