Joined June 2024
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If you think Phase 2 of the Tribute Mint is less significant, you're mistaken. On the contrary, it’s the first-ever DMT-based collection on PIPE. This collection represents the culmination of months of work by our artists and modelers, combining art with reusable 3D models for Satori. Each Artefact in the collection carries data linked to a Pipeblock, which will be usable in the game. The rarity of each Artefact is directly tied to the data within the Pipeblock. These Artefacts will serve as consumables in the future, allowing players to craft sophisticated special items in the game. There are 25,852 Artefacts—or perhaps fewer, considering lost wallet keys holding Pipeblocks and burned Pipeblocks. Get ready for Phase 2
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Colada Progress - Market orders refresh the oracle onchain in one tx. - Close previews realized PnL at the real exit price with spread, funding, and fees included. - Liquidation price matches the onchain closeout formula. - Claimable PnL reflects live market backing. - New markets live: TRUMP, SPCX, and PENGU. - Portfolio loads in about a second; market switches are instant. - Withdraw review is faster, and invited wallets auto-fund on redeem. - Trade and read endpoints rate-limited per wallet and IP. - Mobile keeps the order and TP/SL controls docked. V1 launches this week on devnet.
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Moving on every front.
Colada Progress - Market orders refresh the oracle onchain in one tx. - Close previews realized PnL at the real exit price with spread, funding, and fees included. - Liquidation price matches the onchain closeout formula. - Claimable PnL reflects live market backing. - New markets live: TRUMP, SPCX, and PENGU. - Portfolio loads in about a second; market switches are instant. - Withdraw review is faster, and invited wallets auto-fund on redeem. - Trade and read endpoints rate-limited per wallet and IP. - Mobile keeps the order and TP/SL controls docked. V1 launches this week on devnet.
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One more good reason to migrate your $QX to $COLA.
It's time to begin the next chapter. 30,000 migrators will be eligible to claim $EMBLEM, the official token of Migratefun, as the pages turn towards an open and permissionless protocol. The infrastructure is set. The community has arrived. The next adventure begins.
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Join us tomorrow on @PayAINetwork's Space to chat perps & agents.
Replying to @PayAINetwork
@ColadaPerps will be joining to share details about what they've shipped! Listen here--> x.com/i/spaces/1RJZzzvZYbrJB
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Imagine if a spot DEX decided which tokens you're allowed to create a pool for. You'd call it centralized, and you'd be right. Yet that's exactly how most perp DEXs work. A team picks the markets. Colada doesn't.
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Full transparency on $COLA. Here are the project wallets, all verifiable onchain: Treasury 8ogHNQ9RwVXqi9kkwionJ7rqw55NCP99vEW7LjL2HXYE Team (vested via Jupiter Lock) FNN6g3WHyhfJji5dHdYXTeSi6SLjs1vkMfyanxVeCfTE Seasons 6Mw4kjQzDnyBs9Ahr146Bodu2ZJKDHP7wkBee6KRpwtz Reserve (ecosystem incentives and more) 2z2TeRu7cSXVpJzJ4UAwefQJYJbUP7q1Yr1wutUWhKyz
$COLA tokenomics are built around one thing: alignment. Colada is the first agent-native perp DEX on Solana. 1B fixed supply: • 15% → Seasons • 10% → Team reserve (6 months cliff 3 years vesting) • 3% → Treasury • Up to 72% → QX migration holders • Unclaimed migration supply → future Seasons Protocol Treasury Colada protocol fees do the work: • 95–99% → automated buyback & burn • 1–3% → settlers • Remaining, up to 4% → LP incentives • Program-executed and publicly tracked Future Seasons reward time, activity and reputation. Breakdown below.
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One of the challenges when you go fully onchain with a perp DEX is the cranker part. You can easily run a loop every few seconds and burn a big bag of money just to keep your program from going stale. Not a great way to scale, especially when you want people launching perps on any asset on Solana. That's why we optimized it and killed the cranker. So yeah, Colada needs no cranker for the core. Trades, updates, everything happens atomically in the same tx. A market can sit untouched for a month and the next trade still works, no background process keeping it alive. The only active piece is the settler, and only for what actually needs a trigger: conditional orders and settling positions. Everything else just runs on the trade itself. That means builders can launch markets and build apps on top with almost zero infra cost. No servers, no keepers to run. On the oracle side, you'll get a price history indexer (you can also use our API) and an SDK to play with. The rest is fully onchain too. We're wrapping up testing on the new Colada (V1). Give it a few days before the next batch of invites goes out.
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Staking is live for COLA. 50 seats. Grab yours.
Genesis staking is live. 50 slots to claim one of the first onchain models on Solana by @Quantu_AI . Lock 7.5M $COLA for 6 months. First come, first served. Claim your slot: lock.colada.finance
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Genesis staking is live. 50 slots to claim one of the first onchain models on Solana by @Quantu_AI . Lock 7.5M $COLA for 6 months. First come, first served. Claim your slot: lock.colada.finance
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No slow down on Colada 🦾
Colada Progress - Limit and conditional orders now listed and cancelable. - Positions now open in a single transaction. - Liquidation history, notices, and creator fee claims added. - Oracle refreshes atomically on settle and claim. - Shadow oracle fills price from live DEX pools for replay. - Agent identity now optional for traders. - Browser SDK externalized with oracle primitives.
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Done. The COLA liquidity is now permanently locked. Nothing to do on your side. You can check all the other locks on Jupiter Lock: lock.jup.ag/token/CoLAyH8CRu… More locks coming.
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Find a Solana asset. Colada checks if it's really tradable. If it is, you launch the perp. One tx. Any asset. No listing. No wait.
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Genesis staking opens in 4 days. Only 50 slots to claim one of the first onchain models on Solana. Lock 7.5M COLA through our app, powered by Jupiter Lock's audited program. Once the 50 are gone, they're gone. June 8.
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If you'd told me last year we'd build a fully onchain perp DEX with our own homemade onchain oracle and a Prop AMM layered orderbook, I'd have never thought it possible.
Devnet is moving along. Last week we onboarded the first batch of users and got some early feedback. This week we're making the UI/UX smoother and turning on market creation in beta, so you'll be able to spin up your own markets. The settler role is also in the works. Settlers process a share of Colada's transactions in exchange for fees, running on your own machine or a VPS. You'll need 4.2M COLA to qualify as a settler. A devnet form for testers is coming soon. End of the week, a larger batch joins and we iterate again.
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Perps chaos coming on Solana
What spot DEXs did for swaps, Colada does for perps. Launch a fully onchain perp market for your token in seconds, add liquidity, and let the market decide if it deserves attention.
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Trade, build it, get backed.
One of the main features of @ColadaPerps is the trading profile. It's an NFT holding all your trading reputation, agent or human. Use it to join Colada seasons, get capital to trade (backers), or as proof you're a legit trader, reputation computed fully onchain. And since it's an 8004-sol identity, other agents can discover you through the 8004 network and maybe hit you up for your services later.
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Special day today. Dropping the Colada private devnet to start gathering feedback. Tons of people on the waitlist, so we're going in small batches (per mail). We'll gather feedback, fix, and keep iterating. You'll get devnet 10k cUSDC to trade on the markets. Spin up your trading profile NFT (8004-sol) and you're trading in seconds. Every trade builds your onchain reputation, usable across any dapp that supports it. You can also create your own markets and mess around. Each action is recorded on your trading NFT, so we can use it later to calculate your points. Next week we ship a first SDK version so you can plug your agent in too. It's early, and we know there's a big gap to close before we reach Hyperliquid's UI/UX. But that's exactly the goal.
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Already among the fastest perp DEXs on Solana. Going for first.
Ran some latency numbers on Colada devnet today. With Helius and no gRPC.UI click to confirmed tx, four core actions. Each one is a single atomic transaction.The oracle refreshes and gets used in the same tx. Fully onchain, no external signed price feed to pull, no Pyth feed. Matching, oracle, settlement, position update. All in one slot.
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Today, launching a perp market is a multi-month project: market makers to hire, oracle refresh bills, custom infra to maintain. On Colada, a perp market goes live in a few clicks. PALO handles liquidity, our fully onchain oracle handles pricing. As easy as deploying a swap pool.
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Introducing Genesis Staking. In March we opened the Genesis sale for our first 50 onchain models. The sale was heavily oversubscribed with over 10k submissions in the first hour after the form opened. We have therefore converted it into a clean 6-month staking mechanism. 50 Onchain AI Models. 7,500,000 $COLA to be locked per model. 6 months staking via the Streamflow platform. At the end of the 6-month lock, stakers will receive their onchain model ready to be tested. These are the first fully onchain inference models on Solana. Each model is a tiny neural network with weights fully onchain for pattern recognition trading on a specific pair. Owners hold the model weights onchain, receive full rights to inference fees generated by the model and have direct configuration access. Each model has an 8004-sol identity carrying onchain reputation via ATOM and is tradable as an NFT on 8004market.io. Models will be accessible through a dedicated product site and later integrated into @ColadaPerps . First come, first served. Launch: Monday June 1st.
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