Permissionless Markets - With Leverage
Joined November 2023
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Pinned Tweet
Today, we are excited to announce our pre-seed round co-led by @nolimithodl and @BaboonVC to reshape decentralized leverage trading!
More details in the thread.
What makes Marginal different?
We're the first DEX to combine:
→ Permissionless perpetuals
→ Slow liquidations
→ Physical settlement
→ Insurance protection
Changing the game for liquidity
Marginal retweeted
Bectra is live on Berachain mainnet.
Smart accounts. On-demand validator exits. Simplified validator ops.
Berachain is now the first L1 after Ethereum to activate the full Pectra execution-layer upgrade set.
Marginal is a different kind of DEX:
→ Trade with up to 5x leverage
→ No random liquidations (12h TWAP)
→ Physically settled
What's not to like? ◢M◣
The bull market paradox:
- More leverage seems safer
- More leverage means more risk
- More risk means more liquidations
- More liquidations makes leverage less safe
Ok, but
If you are looking to get liquidated
Please do it on @MarginalDEX when we launch so our LPs can eat, thank you
xitter.gq/MarginalDEX/status/192…
Marginal retweeted
Bug Bounty Hunter of the Month: @Zerocipher002
A Cantina Fellowship resident has earned $50,000 from @MarginalDEX’s Cantina bounty. This permissionless perp and spot exchange is built on Uniswap v3 oracles. More details below.
TFW when all these "decentralized" protocols aren't even properly decentralized
Our Uni V3 oracles and permissionless pool deployments can't relate
Marginal ELI5
- People provide liquidity
- Traders can swap
- Traders can also borrow from pools to get leverage
- LPs earn *more* fees
Any questions?
