Pinned
Perpl
921 posts
Perpl
@perpltrade
Fully onchain perps orderbook on @monad
- The first Perpl Points distribution has been completed. 50,000 Perpl Points will be distributed weekly. How many did you get?
- $50,000 trading tournament tomorrow lock in
- Next week’s looking good.
- Perpl reposted
Building Perpl fully onchain on a decentralized L1 is a deeply autistic process, never been done before that I'm extremely proud of achieving. The reason everyone else chose to take shortcuts is that perps are hot, and everyone rushes for a piece of the pie, optimising for shortPerpl has launched the first public phase of its Points Program on Monad. They say it, Purple Summer. The program introduces weekly point distributions and rewards activity across the protocol. Everything you need to know: - Organic trading activity counts to earn points on
- You can now trade HYPE with up to 5x leverage. Points on the pair will be boosted 2x through Wednesday, June 17.
Listing is not an endorsement. Do your own research, size accordingly, and trade with caution. NFA. - Perpl block times are getting 25% shorter. This is why we chose Monad. >Every protocol upgrade (encrypted local mempools via BTX) benefits Perpl automatically >Every Monad gas budget increase or block time reduction benefits Perpl's throughput >Every new DeFi protocol buildingMIP-12 - reduce Monad block times by decreasing the vote pacing from 400ms to 300ms - has been published by @category_xyz The vote pacing determines the min block time. Reducing it allows the network to proceed faster if quorum has been achieved The tech has already supported
