growth @perpltrade • bald since 2019 • TG: https://xitter.cf/t.co/H5AyebGsEq
Joined January 2017
- Tweets83.2K
- Following4.3K
- Followers22.6K
- Likes166K
gvan retweeted
would a weekly $1337 in guaranteed monad:native rewards + 1038 @perpltrade points fix you
magic internet points szn
gvan retweeted
perpl @perpltrade team just sent me a care package
honestly, the attention to detail is crazy.
even tho the summer is almost over, we still had a great perpl summer and i’m gonna go touch grass today rocking some perpl brand
appreciate you guys 🤝
gvan retweeted
WHAT THA FUCKKKK????
both zec and hype at ~$50 atm
which one will go higher?
#poll pls RT :0
71%hype
29%zec
1,657 votes • Final results gvan retweeted
Metropolis Mentor Spotlight: @_gvan
Gvan leads growth at Perpl, a fully on-chain perpetual DEX on Monad. He’s helped push it toward the top 10 of all perp DEXes by volume and brings deep experience in scaling products and communities.
Reach out to gvan on the hackathon portal for guidance on GTM and distribution
Introducing the Metropolis global hackathon
Six weeks to build the next generation of startups on Monad.
4 tracks. Over $250K in prizes for builders.
Submissions end October 13th.
monad.xyz/metropolis
gvan retweeted
I think technically and theoretically $Molandak on Monad is same as the $Cashcat on Robinhood
gvan retweeted
August Updates
Product
1) New listings:
> $PUMP, $LIT
2) Leverage increases:
> PUMP to 5x
> ZEC up to 10x
3) Funding-rate cap widened / funding tracks the market more tightly
4) Fees and builder codes
> volume-based fee tiers live
> builder codes program live, with a leaderboard
5) Trading UI
> open orders now show on the book, with depth-hover tooltips
> reworked TP/SL, you see expected P&L before you commit
> full funding history, per position and per market
> account history: date filters, internal-transfers filter, clearer event types
> % and $ toggle on the favorites bar
6) Infrastructure
> fixed disconnects during bursts of orders
> fixed a reconnection storm that could interrupt trading
> clearer order and trade failure messages
> funding and PnL accuracy fixes
7) New languages added
> english
> français
> español
> русский
> 中文
> 日本語
> 한국어
Community
> Introduced two bounties for the Monad Metropolis hackathon
> mPoints campaign fully unlocked. $50k a week, 8 weeks left
> $100,000 Monad Cards Invitational completed. 1,886 traders, best PnL +$32,202
> crossed $69k in referral volume
> $2.08b total volume traded in August
🤖 Made with AI
gvan retweeted
$NET x Robinhood time?
Yesterday's @NetNetCap preannouncement said: "This week will be the biggest week we've had yet. Cannot wait to share more. RW-Play is real. Distribution is everything."
distribution has to mean robinhood app right???
gvan retweeted
Bro, I had no idea @perpltrade has a funding history tab, I just found out today.
The funding history tab made me figure out that funding is only realised after the position that generated the funding on perpl has been closed, Increased or partially closed.
In other words, if you made over $200 in funding from a particular position, the funding is only paid after you manage to trigger an event that relates to your position.
The reason why perpl designed this funding rate mechanism this way is because they are trying to reduce the cost of settling funding payments onchain.
Imagine 1000 diff traders paying one another funding fee every 1 hour 24 times a day, that would be 24,000 transactions allocated to funding rates alone which is quite expensive.
Instead of that, they introduced a novel way that can easily cover for the funding fee payments without consuming a ton of gas fees..
Tbh, that is pretty innovative...
gPerpl 💜
gvan retweeted
I can't help but notice that you all are acting so gay again
gvan retweeted
perpl @perpltrade
$343K+ in 30D revenue | #1 on monad
not TVL. not incentives. actual revenue from traders.
and the bigger signal: perpl is generating that off roughly $6M TVL and $2B in 30D perp volume. that's a tiny footprint doing outsized work, most venues need 10x the TVL to touch numbers like this.
sitting at #17 in the wider rankings, right next to sodex, phoenix, katana, dydx - but its cumulative figure ($1.922b) is actually the largest of the five, despite the smallest TVL on the list.
this is a perp dex most people still aren't talking much about and they are actually printing the most money amongst all monad @monad apps
something must be cooking over there on monad.
