Our Hot Tub vaults make alpha accessible through an automated arbitrage strategy!
Here's how ππ
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With Hot Tub, Perp turns a sophisticated arbitrage strategy into a simplified vault, where anyone can enjoy a steady return without needing any coding or trading knowledge.
Just sit back, relax in the Hot Tub and grow your $ETH or $USDC stack!
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Here's how Hot Tub turns up the heat on your crypto game:
π₯ Low risk yield of ~10% APR
π₯ No fees (limited time only!)
π₯ Withdraw anytime
π₯ Accumulate ETH or USDC
π₯ Fully on-chain, secure and non-custodial
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How Hot Tub Works π
Hot Tub offers depositors a return on their assets by executing arbitrage strategies on @optimismFND, capitalizing on price differences between the perpetual swap market on Perp and sport markets on decentralized exchanges.
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Access to the Hot Tub will be opened exclusively to whitelisted users.
Subscribe for updates and the chance to become an early adopter π
The imminent launch of the ETH and USDC vaults running an arbitrage strategy in the ETH-USD market is just the beginning. More markets and strategies will follow.
Let Hot Tub do the work for you and earn effortless yield!
1/ We've joined hands with @DriftProtocol & @GMX_IO to unite around the promise of DeFi:
Transparency, immutability, and decentralization.
2/ By building an aggregated dashboard, we want to commit to greater levels of transparency and provide full visibility into the financial health of our protocols to further differentiate ourselves from our centralized counterparts.
3/ The new proof-of-reserves dashboard in collaboration with analytics platform @nansen_ai will show the health of our protocols in real-time, with information on proof of collateral deposits.
Let's revisit key milestones of the first half of 2022 and see what's coming up next π
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Since Perp v2's launch, a total of $12 billion in volume has been achieved from over 15,000 distinct traders, collectively placing more than four million trades.
This has made Perp v2 the protocol with the highest number of transactions on @OptimismFND#L222
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What did we release in H1 2022? Some of the highlights from the first six months of 2022
- 16 new trading pairs listed on app.perp.com
- Multi-collateral feature ($ETH/wETH, $FRAX)
- Advanced Order Types
- Pool Partyπ§Liquidity mining in #OPsummer
β οΈβ₯οΈ Battle of the Perp Poker Masters #1 β¦οΈβ£οΈ
Itβs been a hot minute since we had our last Holdβem tourney. Since it was so well-received we'll be putting on another at August 13, 2:00 AM UTC!
πFormat: No-Limit Poker Tournament
πTime: Saturday, August 13, 2022 2AM UTC
πEntry Fee: NONE (Yup, itβs free!)
πPlatform: Poker Now -- please login with your Discord ID
Prizes π₯π₯π₯
- Perp Poker Hoodies
- Perp Poker Cards
- Gift cards for the Perp swag store
- Perp Poker Player NFT for all players
- Perp Poker Master NFT for the 1st place (comes with bragging rights!)
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Get ready for the Perp x #OPsummer Pool Party ποΈπΉ
Dive into our Liquidity Pools and earn $OP and $PERP rewards on top of the transaction fees as a maker π¦
To get the party started we are rewarding πevery π single π LP π on π Perp v2 with a retroactive airdrop!
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As liquidity is key for any exchange we want to incentivize liquidity provision by distributing 8M $OP from the phase 0 @optimismFND Stimpack allocation to our liquidity providers.
Read on to find out more about the Pool Party and retroactive airdrop π
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πͺRetro $OP Airdrop πͺ
We want to thank every maker that has been with us from the start!
Next Monday, 1.8M OP will be sent directly to all makers' wallets that have provided liquidity since the launch of Perp v2 Curie until June 1, 2022
Enjoy more advanced strategies and improved risk management with the introduction of limit and stop loss orders.
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πLimit Orders
Specify the price level at which you want to buy or sell an asset, including a reduce-only option to reduce position size.
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πStop Loss Orders
Use the stop limit order as a stop loss to close a position at a specified price. Cut your losses automatically once the index price reaches the trigger price.