Open interest has been falling for smaller perp dexes. How do perp dexes retain users is such a competitive environment? Significant drawdowns: Ostium's vault got hacked and pissed off their users with a bad refund plan, StandX is shutting down.

Excited to meet the mentors to get proper guidance on how we should proceed and get more distribution! And also to network with other project teams and get more collabs in the @arbitrum and @RobinhoodCrypto eco.

The first copy trading campaign!

This week I was faced with many coffee chats where peopl were asking me “how to make a side income with less risk”. Fundamentally, people are realising that the median salary won’t retire them and affordability is a big issue on their horizon. Hence we built @clashbotdotfun’s copy trading pool: Deposit your funds, we automatically copy trades across top traders based on their 24H win rate and profits. This is day 2 of testing it on mainnet, hope to share good news with everyone 🙏

The best onchain yield generators are perp dexes and their funding rates. Right now we are testing @clashbotdotfun on 2 perp dexes @Lighter_xyz on @RobinhoodCrypto and @nadoHQ. Soon we will expand to the rest, where the trading agent will automatically rebalance across perp dexes and assets to derive the best funding rate arb.