The Latest Perps Developments ↓
- RWA Perps volume broke the $2T in Q3, offering over 1000 RWA markets.
- Gold still leads in cumulative RWA Perps volume, but four of the top seven are equities.
- RWA Perps have shifted from commodities to stocks with 99% of the volume coming from the US and Korea.
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@HyperliquidX S3 rumoured to be coming soon.
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@Polymarket launches perpetual trading with up to 20X leverage.
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@variational_io has less than 2 weeks before point distribution sunsets.
- Hyperliquid’s manual borrowing on Hypercore is now live on mainnet.
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@tradexyz launches ‘events’ on hyperliquid, offering collateralized outcome markets settled using its perp prices.
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@Lighter_xyz opens its trading core to developers for free while buying back 17.5M
$LIT (7% of circulating supply) since TGE.
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@OndoPerps rewarding new users with up to $12K, ending on the 17th of september.
- Variational hosts a $20K swaps trading competition, running from september 10-24, with rewards for 20 winners.
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@extendedapp's latest community stream covered: improved RFQ execution, regulatory expansion, and TGE preparations.
- 24hrs after mainnet,
@bulktrade suffered a BTC liquidity dislocation costing ~$114K, but fully refunded affected users plus 10% within 24hrs.
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@risextrade fully opens up the invite gate. No more invite codes. No more volume gates.
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@PhoenixTrade powers 2 dapps:
@PerpsPadfun &
@taptaptap_trade and also integrated TWAP order type.
- Extended announces a $50K RWA Trading Competition, running from september 15–29, with rewards for 100 winners.
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@N1Chain teases a new liquidity infrastructure (N1 Prime).
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@popdex_’s 3rd rewards round offers $3.3K to users with $100K+ volume, with a 4th round and another campaign - Meme Gang War live.
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@noisedotxyz closed their testnet on friday, 11th september. Mainnet soon.
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@derpetual, an abstract perps market backed by Thiel Fellowship launches their waitlist.
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@TxFlow_L1 surpasses $5B in cumulative volume, with 40%+ from the past month, adds gas-free USDC deposits on Arbitrum One, and launches a $40K trading campaign - Bull Pit, which ends on 14th september.
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@Antarctic_Ex raises $7M in a private round from Wall Street investors & VCs.
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@ekidenfi, the first CLOB-based derivatives exchange on
@CantonNetwork goes live on mainnet.
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@rwaperp from the OKX team raises $2M and launches their mainnet beta on a waitlist basis.
- BulkTrade enters reduce-only/post-only mode after XRP wash-trading activity, with no user losses and safeguards underway.
- TxFlow mitigated a 10-minute DDoS that affected its API/frontend, while the chain and matching engine stayed online, with any resulting losses to be compensated.
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@DrakeExchange goes live on mainnet with a $100K
$MON reward pool to be distributed over 4 weeks.
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@slx_fi testnet progresses on a waitlist basis.
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@plether_fi a dollar index perp teases their last testnet competition before mainnet.
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@QFEX pays out over $500K in referral rewards.
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@DenariaFinance a new perp dex in their early access phase.
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@Canborsa_DEX launches a $16K trading competition running from september 9 to october 9.
I hope this recap is of value to you!