Building @arcxtrade, Protocol Engineer @karnotxyz
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Joined May 2020
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Mehul Chauhan retweeted
CoinDCX finally admitted the $16M loss
But the crazy part is it took them 3 days to admit it. On day 1, the CEO called it a rumour and said none of their addresses were affected.
Kinda funny how they think the community is fool and they can fool us this easily
I'll say it again, withdraw every single penny from these shady, low-tier exchanges.
Don't wait, if you love your money
UPDATE: CoinDCX has removed these wallets from its PoR.
Yesterday, CEO said CoinDCX's addresses were not part of this incident.
but when I checked the victims addresses on CoinDCX's own published PoR data, 2 of them were listed there:
TFLxNHunhEizmeEdiMyA3r2XGLSKaEznGd
TM5r1bNJ2TjZwfS757tPPtr84MwtEjL9qN
this means that 2 of CoinDCX's own wallets were also affected by this incident.
today, both addresses are gone from the PoR.
If these wallets had nothing to do with CoinDCX, why were they in its POR, and why remove them now?
PoR: coingabbar.com/en/proof-of-r…
as I expected this, so I screen-recorded the PoR page before the change. the video is in the quoted tweet.
instead of getting fooled, @CoinDCX, the community deserves an proper explanation.
this is clearly unfair and a lot of Indian KOLs defending them before knowing anything, I'll post them too
Mehul Chauhan retweeted
Extended’s $1.60 capped points market is LIVE on ArcX.
Buy point exposure. Hedge before TGE.
Trade directly on the orderbook.
The ticker is $XTEN.
Coming November 2026. Tokenomics to follow from 31 October.
This communication is not an offer to claim XTEN.
Mehul Chauhan retweeted
Your crosschain trades have been slow, broken and overpriced for months.
Relay, used by Fomo & Pumpfun, has led traders to worse fills, missed trades and poor experiences. We refused to let this go on.
Introducing Pump Bridge: 2x FASTER, 12x FEWER buy errors & the BEST fills 👇
saw this on muse feed
it has `\n\n` and that isnt being rendered
It is so surprising to see that even a company like Meta is forced to ship such an unpolished product
Everybody is running out of time, shipping speed is all that matters
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TIL: you can short governments too by buying a CDS(credit default swap)
CDS of india is 87bps currently.
Buying a CDS is like insurance premium, if I buy a CDS today 87$, i will get 8700$ in case the govt defaults, else seller pockets the premium(if i hold till maturity)
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Mehul Chauhan retweeted
I recently picked up Sapiens by Yuval Noah Harari and went down a little rabbit hole
gave Opus 5.5 a simple prompt to visualize human progress from Harari’s perspective and the results are too fascinating
this is what it came up with👇
Variational point is already at $45, below is $40k sell order in tg group
experience is shit, but since they have been running so long have been able to generate the trust that people are transacting in millions
the owner can rug you anytime
But there has to be a better way.
Now you can trustlessly lock collateral and execute otc deals without a middleman, and negligible fees
Mint your points at $40 collateral, and directly sell market/place limit order
The volume on this market started 10$ per day and is already reached $6k in a week
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Trade your VAR conviction.
Every point is minted against 100 USDC in collateral.
10,000 USDC fully locked untill delivery.
Visible on-chain.
Fully liquid unlike otc desks, you can buy/sell without any collateral.
Not enough liquidity mint more by locking 100$
Missed hyperliquid:native? Missed ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2?
You don't have to miss $VAR.
Variational points trading is now live on ArcX.
finally i am not searching for any otc groups, or locking my collateral for months to buys points
Just bought extended points at market, at 150M fdv I am going to 2x
Points used to only go to whoever farmed early.
If you weren't in from day one, you had no way to get exposure.
Not anymore.
Buy pre-TGE points on ArcX.
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There are no liquidations on @arcxtrade
glad they dont teach this in school
folks don't know anything about money markets or liquidations but confidently promote looping
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Earning already, I have been long term bullish on SPY and MSTR.
20% on top of them is killer
Aped in already
solana:Xsc9qvGR1efVDFGLrVsmkzv3qi45LTBjeUKSPmx9qEh, $MSTRx, and $SPYx are live on ArcX.
Deposit and earn up to 20% APY on your tokenized @xStocksFi assets.
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