Joined February 2023
- Tweets 43
- Following 18
- Followers 1,095
- Likes 566
8 Photos and videos
Jun 5
TL;DR:
> Type of takers responsible for price discovery: HFT/algorithmic and latency-sensitive traders.
> Type of venues dominating price discovery: CEXes and DEXes with low-latency FCFS microstructure.
Cancel priority, RFQ, and FBA microstructures deter the very category of trades responsible for the bulk of price discovery.
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Fermi Labs retweeted
Jun 4
Today, we're releasing the Fermi Trade SDK.
Programmatic Access to Solana's fastest perps DEX is now open.
To access it, simply generate an API key on the frontend with your approved wallet.
More info and latency benchmarks below 👇
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Jun 4
Today, we're releasing the Fermi Trade SDK.
Programmatic Access to Solana's fastest perps DEX is now open.
To access it, simply generate an API key on the frontend with your approved wallet.
More info and latency benchmarks below 👇
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Jun 4
Users can expect 2ms (p50) to 15ms (p95) confirmations and state updates on their transactions. (2/3)
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Jun 4
The SDK can be accessed here:
github.com/Fermi-DEX/Fermi-v…
We're actively onboarding Market Makers and High Frequency/Algorithmic traders, for whom state update latency is critical. If that's you, reach out!
[This is the end of the thread] (3/3)
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Fermi Labs retweeted
Jun 3
We've had a lot of questions on how @fermitrade enforces deterministic ordering on Solana.
Today we're releasing the full technical documentation, covering the design and working.
Dive in, or drop the link into your favourite LLM and ask away! (Link below)
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May 21
After 15 days of invite-only beta of @fermitrade, here are some stats.
Orderbook perps SZN is here on solana.
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May 21
Next, we’re scaling up liquidity and allowing more users in. Three things we will ship by next month:
1. FLP token - passive LP token allowing users to make money via our internal MM strategy.
2. Points program - details will be revealed soon.
3. Increased deposit limits - from $1k -> $20k
dm for early access!
up only.
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Fermi Labs retweeted
Apr 29
Market structure remains a core issue preventing adoption of Solana Perps. Specifically, transaction ordering and inclusion within a block is discretionary, and exposes Market Makers to delayed quote updates, adverse selection, and pick-off risk.
As a result, they pull liquidity and/or offer worse prices. (1/n)
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Fermi Labs retweeted
Apr 28
Fermi Trade v1 is here.
Fully onchain execution. Guaranteed FIFO transaction ordering. Tradfi grade microstructure. <2ms optimistic finality. It’s all possible.
Invite-only Mainnet rolling out this week.
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Mar 20
"The expected value (EV) of being first in the queue is ~2X-3X of being last, for otherwise identical orders- based on a combination of fill probability and expected return."
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Mar 3
Problem: All leading perps DEXes use a centralised/trusted sequencer.
Solution: Proof of Sequence
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Feb 27
9/10 of the top Perps DEXes today rely on a trusted, centralised sequencer. Is this really the future of France?
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Feb 19
A great overview of the approaches at play. Fermi Labs is betting that verifiable FIFO will be the optimal market structure that will win out in the end. Let the games begin.
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28 Nov 2025
Introducing @ContinuumChain - the first blockchain with fair ordering guarantees at microsecond resolution.
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28 Nov 2025
Continuum will be the base layer powering @FermiTrade, the first perps DEX offering FIFO ordering guarantees.
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28 Nov 2025
Continuum is now live on testnet.
You can check out the explorer here: continuum.wtf/
And learn more from the whitepaper: fermilabs.xyz/whitepaper.pdf
(This is the last post in the thread)
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