5 days left and the traders are already warming up gang. Ive been thinking about how much the execution costs add up tho. @ekidenfi dropping the maker fee to 0.02% and taker to 0.035% without the usual volume requirement is something active traders will definitely notice

Houston, traders, and probably some very questionable market predictions Also, the new leverage limits on @ekidenfi got me thinking about risk management. More flexibility is cool, but knowing when NOT to use 20x is where the real skill comes in.

Ekiden, which operates with a CLOB-based infrastructure, offers a more privacy-focused trading environment where position and account activities are not publicly visible, thanks to Canton's "need-to-know" data model. 🟢 Mainnet is live and currently proceeding with invite-only access. 🟢 $3.3M+ trading volume 🟢 $329K+ TVL 🟢 $115K+ open interest 🟢 BTC, ETH, HYPE, and CC perpetual markets 🟢 Up to 20x leverage

@ekidenfi hit over a million in volume in the first week and kept going but still closed mainnet. Ekidenfi's backers list is pretty strong GSR, Flowdesk, Pyth and angels from LayerZero, Avail, Aptos, EigenLayer. The project itself has done $3.3M volume with $329K TVL on closed mainnet. Makes me curious to see what happens when they open the doors wider.

550+ markets through an API is a pretty serious jump. Ekiden going the orderbook route on Canton is another interesting piece of this whole onchain trading stack.

This is probably where onchain trading gets more interesting more markets, more automation, better infrastructure. Ekiden is part of that shift without needing to do the exact same thing.

The API part is honestly underrated. Once more trading moves programmatic, having solid market infrastructure becomes way more important. Ekiden fits into that conversation nicely.

Tokenization is getting pretty real now. @ekidenfi building out the derivatives side on Canton fits into that shift in an interesting way.

what a good achievement by Ekiden team Hats off

Quick look at @ekidenfi, professional-grade perp trading on @CantonNetwork. Hybrid CLOB with confidential trading by default. Numbers from the closed mainnet look solid: $3.3M+ volume, $329K TVL, $115K OI. Markets include BTC, ETH, HYPE and CC up to 20x. They also have proper APIs for serious users.

the first DEX focused on derivatives has appeared on Canton @ekidenfi.

There’s a new perp venue on Canton that deserves some necessary attention. I’ve mentioned Canton Network before and why I think it’s an ecosystem worth keeping an eye on. And now, one of the first derivatives venues is starting to take shape on the network. @ekidenfi just went live as the first CLOB-based derivatives exchange on @CantonNetwork, with a pretty clear focus on professional trading. The interesting part isn’t just that it has perps. A CLOB gives traders a familiar order book where bids and asks are organised by price, orders can be placed at specific levels, and market makers can continuously quote both sides of the market. That matters when trade sizes get bigger. You want to see the liquidity available across different price levels, have more control over where your order executes and give algo traders the same kind of structure they already work with on professional venues. Ekiden combines that with Canton’s privacy model. Instead of positions and account activity being visible to everyone, Canton’s need-to-know model restricts transaction visibility to the participants who actually need access. So you get professional trading infrastructure without treating every part of your trading activity as public information. And the early numbers are already interesting. Less than two weeks after launch: 📊 $3.3M+ trading volume 💰 $329K+ TVL 📈 $115K+ open interest BTC, ETH, HYPE and CC are already live, with leverage up to 20x. There’s also REST and WebSocket API access for algorithmic traders and market makers, while account abstraction separates network identity, funding and trading activity. That makes Ekiden feel less like another perp app and more like an attempt to build an actual trading layer for institutional markets moving onchain. The backing reflects that direction too, with GSR, Flowdesk, Pyth Network, G-20 Group, Curiosity VC and other institutional and crypto-native investors behind the project, alongside angels and operators from LayerZero, Avail, Chorus One, Cube, Aptos, EigenLayer and Manta Network. Mainnet is still invite-only and the initial rollout is focused on active traders. I managed to get my hands on 20 invites, so I’ll be sharing them with people who actually want to trade and try the platform. If you’re interested, you can use my referral link below: app.ekiden.fi/r/516D0BC0DC16… All still early, but I think Ekiden is one of the more interesting things happening around onchain derivatives right now.

Congrats to @EkidenFi. What matters most for the desks it's built for is privacy. In Daml's ledger model a party only sees the parts of a transaction on contracts it's a stakeholder in, so a fill is shared with the parties to it rather than broadcast to the network. I'd say that's what lets a market maker quote size without showing its book. Is mainnet access still whitelist-only, or open to any desk now?

This is actually where derivatives infrastructure gets interesting. A stock split sounds simple until you have open positions, settlement and pricing to deal with. Been watching Ekiden’s progress for similar reasons the plumbing matters more than people think.

Crypto really said “corporate actions? yeah we’ll handle that too” 😭 Between stuff like this and Ekiden building out CLOB-based derivatives on Canton, the market structure rabbit hole keeps getting deeper.

I checked Ekiden Quite interesting

Been seeing a lot about Ekiden lately. They just added a campaign on CryptoRank — you just join their Telegram and follow on X, and you get a 20% XP boost on mainnet trading. Seems like an easy way to get access.

The first DEX focused on derivatives has appeared on Canton @ekidenfi. The interesting part for me isn’t just the perpetuals, It’s the privacy layer. Ekiden uses Canton’s need-to-know model, meaning your positions and trading activity aren’t sitting in full public view.

Ekiden's whole platform is built around keeping everything confidential by default on Canton Network. Your positions and strategies stay private, only the people who need to see them can. That's actually a big deal for a derivatives exchange.