Joined April 2020
2 Photos and videos
Let's gooo!
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 πŸ‘‡
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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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Fermi Trade retweeted
Phoenix (cancel prior) vs Fermi (FCFS) is Solana's very own version of the Hype (cancel prior) vs LIT (FCFS) microstructure rivalry.
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Fermi Trade retweeted
May 21
New perps? πŸ‘€
After 15 days of invite-only beta of @fermitrade, here are some stats. Orderbook perps SZN is here on solana.
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Fermi Trade retweeted
After 15 days of invite-only beta of @fermitrade, here are some stats. Orderbook perps SZN is here on solana.
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πŸ‘€ hello world
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Fermi Trade retweeted
Replying to @MaxResnick
But they were all of them deceived, for another Ring was made. @FermiTrade doing ~200K transactions on mainnet daily.
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Fermi Trade retweeted
This tweet highlights a key difference in philosophy between @PhoenixTrade and @FermiTrade . We absolutely think FCFS is the optimal market structure. 1. Validator revenue gained via reordering is a net social loss. Happy to see it reduce. 2. Not incompatible with MCP if you add a separate sequencing layer. 3. It is enforceable- we developed POSq protocol to do just that.
Who actually wants FCFS on Solana? 1. Validator revenue will decrease without reordering (unless they lie) 2. It's incompatible with MCP (unless you're okay with lying) 3. It's unenforceable because validators can just lie "Validator's choice" is pro-validator, anti-user.
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Fermi Trade retweeted
@FermiTrade is the lowest latency perps DEX on solana. 2ms state updates. thats not a typo. waitlist: app.fermi.trade/perps

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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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