A "checkpoint" on DerivaDEX is how the state of the exchange can be verified on Ethereum. It is also important for the withdrawals process. To try calling a checkpoint yourself, check out https://t.co/5XPkAfkuuW (and ask for some testnet USDC!)

Happy 2024. Looking forward to a year of DeFi becoming more performant, usable, and accessible! 🎉

DerivaDEX deposits and withdrawals are made via Ethereum. Matching and execution happen off chain. However, not all “off-chain” execution is equally secure!

Horizontal scaling (1) versus vertical scaling (2): Does it matter that most perps exchanges are opting for (1)?

How is the DerivaDEX insurance fund capitalized?

Why trade perpetuals?

Currently, the supported collateral on DerivaDEX is USDC. When trading perpetual swaps and other derivatives, traders can expect an exchange to use either cross-margin or isolated margin.

DerivaDEX deposits and withdrawals are on Ethereum, the most secure and widely used L1. Why doesn't L1 TPS speed matter for DerivaDEX?

Two pillars of what DerivaDEX offers are fairness and transparency. What does "fairness" mean for DerivaDEX? - front-running resistance through encrypted trade information - slippage protections through a central order book - no payment for order flow - low network latency;

How is front-running mitigated on DerivaDEX? Orders are encrypted at the time of submission. No one observing the DerivaDEX transaction log will be able to see the contents of any order until it is executed.

Coming to @EFDevconnect in Istanbul next week? Stop by for Drinks + DEXes with the @DEXLabs1 team on Nov 14!

DerivaDEX uses cross-margin by default. But you can use "strategies" to simulate isolated margin, from the same trader account.

🔬Go deep with the DerivaDEX Explorer: Follow individual transactions, traders, epochs, and trading products. 🌍Zoom out with DerivaDEX Stats: See a selection of current aggregates, exchange balance sheet, and operator network status.

ICYMI: Introducing DerivaDEX Learn: https://t.co/A3IvETuOam

Explore positions, strategies, transactions, trader addresses, and more with the DerivaDEX Explorer. Mainnet: https://t.co/eyUL7kfgA4 Testnet (sepolia): https://t.co/gs7kl90qYb

oops! The correct link for the mainnet explorer is https://t.co/8irxnE59KR.

DerivaDEX Explorer is out of stealth 🥷. Check it out with testnet data: https://t.co/gs7kl90qYb (and mainnet: https://t.co/Y8jHcn9TAH).

DerivaDEX is excited to introduce DerivaDEX Learn, a home for education, analysis, and other resources. 🔖 Education is the key to successful project governance and informed trading.

all nodes have now joined the network and are operating normally. https://t.co/FioB5QFIIr

Update regarding Proposal 10: Deploy DerivaDEX Pilot to Mainnet. Node 0 for the DerivaDEX protocol is online, and has processed 163 epochs. Over the next few days the remaining operator nodes will be coming online and mainnet testing will continue.

A proposal has been made for DerivaDEX to launch a limited-access Pilot release (to be followed by a wider “Guarded Launch”) to non-U.S. Persons. A voting interface is available at https://t.co/V79yzamZUu.

A proposal has been submitted to the governance forum for DerivaDEX to launch a limited-access Pilot release (to be followed by a wider “Guarded Launch”). Comment and discussion can be found here:

new testnet tokens are being sent today. if you haven’t tested the exchange but would like to, make sure you’re registered!

Testnet here -->

If you registered to test the DerivaDEX Testnet on Sepolia (link in thread!), you now have testnet USDC at the address you registered with. Trade your most eldritch strategies with testnet collateral 🔥🔥

The DerivaDEX Sepolia network REPLACES Beta! Beta is still live (as the longest-lived deployment), and all new stable releases are deployed to Testnet. Link in replies!

DerivaDEX offers a trading experience familiar from centralized exchanges. What's different? - funds held by contracts (no admin keys) - transparent and verifiable execution logic - all changes, including listings and upgrades, happen via public governance

The marketmaking bots are a little lonely!

DerivaDEX is on #sepolia! Links below.

"Alpha" is easy-- but do you know what traders mean by "beta", "delta", and "gamma"?

RT @DDX_Official: Centralized exchanges: trade against their users, have privileged access to order flow. 🧐 DerivaDEX: no one (not opera…

Centralized exchanges: trade against their users, have privileged access to order flow. 🧐 DerivaDEX: no one (not operators, not technical contributors, not market makers) can change or modify order flow. 🍻 https://t.co/O50qgt3xqQ for the latest testnet release!

RT @DDX_Official: Forget to vote? No time to research? Don't wanna pay gas fees? Turn that 🤡 upside down and D E L E G A T E 🍻!

RT @DDX_Official: Prefer to get right to the docs? https://t.co/XtFNdiilqj 🫡

RT @DDX_Official: API workshop recording is up! https://t.co/RcvqCtMhtC In which @binmaker gives the latest rundown on DerivaDEX's APIs

RT @DDX_Official: BTW: DerivaDEX uses cross-margin. This means that traders can “offset risk” across positions in multiple markets. For exa…

When you see a product trading lower on one exchange than others, and are wondering "Who would short this?", check out the funding rate. You may have a counterparty arbing the funding rate, in which case -- look out for moves when the + funding period (and rate) expires! https://t.co/MotkG4mQmn Alice needs: - a lot of collateral to make this trade worth it - to be very cautious about the funding rate going down or reversing - confidence in the performance of the exchange(s) she is using.

API workshop recording is up! https://t.co/RcvqCtMhtC In which @binmaker gives the latest rundown on DerivaDEX's APIs

RT @DDX_Official: Other traders, unwilling to outright short or long USDC, performed a cash and carry trade with the funding rate. Here’s…

Did you see some positive funding rates on USDC-USDT perps? A type of cash and carry trade enabled some traders to profit off this, no matter what happened to USDC. Read on to learn how:

Are you worthy of votes beyond your means? Let people know about it! https://t.co/44WUT1kdYL Delegation on DerivaDEX brings representative voting to the DerivaDAO! Learn more --> https://t.co/umM2eAQUAZ

Like the *idea* of voting, but can't keep up with every proposal? Vote delegation is here for you!