Recently, the popularity of the Perp DEX track has been continuously rising. Today, let's introduce the data and the rising popularity of @rollxfi
Project Basic Information:
RollX (formerly known as RollDex) is a decentralized perpetual contract trading platform, currently supporting the dual-chain ecosystem of Base and Bitlayer.
Recently, it has achieved explosive growth on the Base chain, with daily trading volume exceeding $100 million, active users surpassing 80,000, and total locked value (TVL) skyrocketing to $32 million.
RollX adopts an on-chain order book model, providing a trading experience comparable to centralized exchanges (CEX), supporting up to 1000x leverage, with extremely low fees (only 0.01% for opening and closing positions, free for high-leverage orders), allowing small funds to leverage large trading volumes.
Team Background and Financing Situation:
RollX continues the community-driven model of Hyperliquid, clearly stating that there is no VC involvement and is 100% community-owned. Governance and incentives are transparently distributed through an on-chain mining mechanism, committed to building a BTC-Fi ecosystem truly belonging to the community.
Airdrop Mechanism and Participation Method:
RollX has clearly stated that it will provide airdrop incentives for early users, with the first snapshot expected to take place in July. Currently, participating in trading will qualify users for the airdrop. Additionally, RollX has launched the Starboard community activity on the Galxe platform, with a total reward pool of up to $200,000. Users with high trading volume rankings can receive generous rewards, and even those with lower rankings can earn points by participating in trading, waiting for the snapshot to qualify for the airdrop.
1. Conduct RollX perpetual contract trading on the Base or Bitlayer chain, it is recommended to use small funds and trade multiple times to boost trading volume and increase on-chain activity.
2. Actively participate in Galxe activities, aim for a higher ranking to obtain additional rewards and points.
I've heard that being stolen is a necessary lesson for the maturity of the chives
If your on-chain assets exceed $5000, it is highly recommended that you use a hardware wallet
The OneKey I am currently using provides a very smooth experience; not only is the app user-friendly, but it can also serve as a secure key for your computer
At the beginning of the month, I received an investment from YZI, which is the only hardware wallet jointly invested in by the two giants Binance and Coinbase, lending it significant credibility!
Historical lowest price on June 18th; use my ambassador link to purchase directly at a 14% discount
Until the end of this month, don’t miss out for a year!!!
Ambassador link: https://t.co/IKjfhOM9pM
The official has sponsored two limited edition OneKey Classic models to give away
As usual, one device will be drawn for active participants, and one will be drawn
Recently spent some time delving into @OraclerAI, here are my thoughts
What does Oracler primarily do?
In simple terms, it's an AI version of an oracle, providing more accurate and faster data services for on-chain contracts, solving the problems of data delays and errors associated with traditional oracles. It feels a bit like giving smart contracts an 'intelligent eye'.
I think the standout features are:
1. Real-time market data Many platforms have this, but Oracler emphasizes the speed and accuracy optimized by AI, which might be quite useful for high-frequency traders and arbitrageurs.
2. KOL and smart money tracking This is quite novel, helping you keep an eye on on-chain funds and the movements of Twitter influencers, saving you the hassle of searching for news all over the web.
3. On-chain customizable trading platform It seems to aim at bringing the simple experience of centralized exchanges (CEX) onto the chain, which is quite friendly for beginners. However, its actual usability needs to be tested hands-on.
Token $ORC situation:
The supply is quite large, almost 1 trillion tokens, but the current circulating market value is 9 million dollars, which is indeed not much and can be considered an early-stage project. The token is used for governance and paying for oracle service fees, with a simple and clear logic. However, it is still a new project, and there are certainly risks involved.
Is the referral mechanism reliable?
They have set a transaction fee rebate ratio of 20%-40%, which is indeed quite high, and the transparency of the referral is also good. But the premise is that the person you refer must have actual transaction volume (over 1000 dollars), which is relatively reliable. However, I suggest everyone not to focus solely on the rebate when making referrals, and not to jeopardize relationships for a small amount of money.
Overall feeling:
The project's points are quite accurate, and the technical concept is also good, but whether it can truly take off will depend on the subsequent ecosystem scale and user experience. The risks and opportunities are quite evident in the early stage. Everyone can continue to observe, and if interested, check out the official website yourself. The most important thing is to do more research.
The above is my own observation and does not constitute any advice, please do your own research (DYOR)! #Oracler #AI Oracle #Crypto #DePIN #Web3