Based Foundation @_BasedOneX

@BasedFnd Reminder: Users are invited to vote on the upcoming Based rewards date. Learn more: genesis-basedfoundation.com All active participants will receive a bonus allocation upon rewards launch. Stay Based.

Step by step flow to buy spot equities on Felix today >Deposit USDC from HyperCore spot, HyperCore perps, or Ethereum mainnet balance >Buy spot equities fully on-chain 264 assets live today. What are we missing? Trade here: trade.usefelix.xyz/equities

Felix @felixprotocol

2 months ago

Tokenized stocks and ETFs are now live on Felix On-chain traders no longer have to off-ramp funds to gain exposure to US capital markets. Additionally, Felix users now have the ability to trade tokenized stocks/ETFs in large order sizes without the steep execution costs that

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Tokenized stocks and ETFs are now live on Felix On-chain traders no longer have to off-ramp funds to gain exposure to US capital markets. Additionally, Felix users now have the ability to trade tokenized stocks/ETFs in large order sizes without the steep execution costs that have plagued on-chain adoption up until now (Example: Buy $1M in GOOGL on Felix with a net execution cost less than 10bps today). Trade over 250 different assets now: trade.usefelix.xyz/equities Not available in the U.S. and other prohibited jurisdictions.

All stocks and ETFs are built on @OndoFinance’s tokenized spot infrastructure. All assets are backed by real shares off chain. Each asset from Felix gives a user economic exposure to the underlying asset’s price action and dividends or interest. All purchases and sales closely mirror the underlying shares' respective transactions on the NYSE or Nasdaq, allowing for tradfi-level execution fully on-chain across hundreds of available assets.

Future iterations of Felix stocks & ETFs will be designed to create an on-chain brokerage-style experience for on-chain natives, enable limit orders and DCA across Felix assets, provide exposure to international equities (Korea, Japan, India, etc), add support for hundreds more US equities, integrate stocks and ETFs as collateral assets on Felix lending markets, and more. Trade now: trade.usefelix.xyz/equities More info: usefelix.gitbook.io/docs/trading-p…

incoming: buy space stocks fully onchain via @felixprotocol feel free to dm if interested in joining the final spot equities beta cohort

Felix @felixprotocol

3 months ago

Felix spot equities update There are now 61 new spot equity assets available on Felix private mainnet, many of which were requested by beta users. This addition brings the total available spot equities to 264. More information on alpha launch will be shared soon. Newly available

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Felix spot equities update There are now 61 new spot equity assets available on Felix private mainnet, many of which were requested by beta users. This addition brings the total available spot equities to 264. More information on alpha launch will be shared soon. Newly available equities are listed here for current beta users: >Space, Defense & Aerospace ASTS — AST SpaceMobile LUNR — Intuitive Machines NOC — Northrop Grumman RDW — Redwire RKLB — Rocket Lab >Clean Energy & Power ENPH — Enphase Energy GEV — GE Vernova SEDG — SolarEdge Technologies >Mining, Materials & Commodities ALB — Albemarle FCX — Freeport-McMoRan NEM — Newmont SCCO — Southern Copper UEC — Uranium Energy >International Equity ETFs ECH — iShares MSCI Chile ETF EWJ — iShares MSCI Japan ETF EWY — iShares MSCI South Korea ETF EWZ — iShares MSCI Brazil ETF FXI — iShares China Large-Cap ETF INDA — iShares MSCI India ETF KWEB — KraneShares CSI China Internet ETF >Crypto Spot ETFs ETHA — iShares Ethereum Trust ETF FSOL — Fidelity Solana Fund IBIT — iShares Bitcoin Trust ETF >Crypto-Linked Equities ENLV — Enlivex Therapeutics EXOD — Exodus Movement GLXY — Galaxy Digital >Commodity ETFs BNO — US Brent Oil Fund GLTR — abrdn Physical Precious Metals Basket OIH — VanEck Oil Services ETF PPLT — abrdn Physical Platinum Shares ETF UNG — US Natural Gas Fund URA — Global X Uranium ETF >Fixed Income ETFs HYS — PIMCO 0–5 Year High Yield Corporate Bond ETF IEF — iShares 7–10 Year Treasury Bond ETF SHY — iShares 1–3 Year Treasury Bond ETF >US Sector & Thematic Equity ETFs CIBR — First Trust NASDAQ Cybersecurity ETF ITA — iShares US Aerospace & Defense ETF PAVE — Global X US Infrastructure Development ETF SOXX — iShares Semiconductor ETF VNQ — Vanguard Real Estate ETF >Compute, Storage & AI Infrastructure APLD — Applied Digital COHR — Coherent CRWV — CoreWeave IONQ — IonQ NBIS — Nebius Group QUBT — Quantum Computing SNDK — SanDisk STX — Seagate WDC — Western Digital >Biotech & Pharma CAPR — Capricor Therapeutics REGN — Regeneron Pharmaceuticals VRTX — Vertex Pharmaceuticals >Industrials, Infrastructure & Transportation ETN — Eaton UNP — Union Pacific VFS — VinFast Auto WM — Waste Management

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When we designed Felix HIP-3 markets, we made the decision to cap funding rates for all RWA markets on weekends. Why? Funding rates exist to keep perp contract prices aligned with the underlying spot asset. Deviations trigger rate spikes that encourage arbers to balance the flow and keep price in line. For RWA perps, this system works well on weekdays, when off-hour periods are brief and off-chain hedging is reliable, but it breaks down on weekends, especially during major news events, like we've seen with oil over the past couple weeks This recent oil volatility triggered circuit breakers (capping mark price) on HIP-3 oil markets, and few traders wanted to take the opposite short positions at the capped mark price because many expected an oil jump on Monday open, which would then likely wipe out their short. With tradfi venues closed, there was no way to conveniently hedge this risk, creating a high risk + low reward scenario for shorts So even though funding rates stayed high on other oil perp venues, these rates weren't able to pull the contract price towards the speculated prices and ended up just bleeding money for longs. On Felix, the OIL-USDH funding rate stayed at ~0% over the weekend, which protected longs from unfair weekend losses, esp those users who entered expecting a gap-up Hopefully helps provide some clarity on why we made the design choice we did for weekend fundings

illiquidity providooooor @skyquake_1

3 months ago

personally i think the felix model of funding over the weekend is ideal for price discovery: mark = oracle ie 0 funding participants dont need to discount their trades by expected funding costs before CME reopens

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USA500-USDH perp is now live to trade on Felix The starting parameters of the market are the following: >Starting max leverage is 15x >Starting OI cap is set at $2.5M >On-hours and Off-hours pricing follows the specification in the docs below Trade here: trade.usefelix.xyz/flx:USA500 Docs can be viewed here: usefelix.gitbook.io/docs/felix-per…

Felix OIL-USDH Weekend ADL Analysis Over the weekend, crude oil prices spiked ~35%--the largest gain for oil futures since 1983. With this spike came a wiping out of 913 OIL-USDH shorts; ~$3.7m of shorts were liquidated over March 7 and March 8. This involved a triggering of $2.13m ADLs of longs in profit. For those not fully familiar, why is ADL necessary? ADL (auto-deleveraging) closes positions in profit when positions in the red do not have enough margin to cover their loss after attempted liquidation. Without a way to process these liquidations, we’d see insolvency in the system, so positions in profit are closed to also close out the positions in a full loss. The first positions to be ADLed are determined by a combination of size, profit, and leverage. The specific sorting index to determine the affected users in profit is (mark_price / entry_price) * (notional_position / account_value). Those traders' positions are closed at the previous mark price against the now underwater user, ensuring that the platform has no bad debt. Through validator-deployed perps, HLP would be the first line of defense to take on liquidated positions. After this would come ADL, like we saw on October 10. However, because HLP does not support HIP-3-deployed perp markets, we go straight to ADL. This is why when $3.7m of shorts were liquidated over the weekend, there were $2.13m of ADLs on Felix’s OIL-USDH. There were $31.02m of liquidations and $4.08m of ADLs on TradeXYZ's CL-USDC over the same time frame as a reference. More updates will be shared on OIL-USDH over the coming days given current market volatility. We are still early in the lifecycle of 24/7 markets on traditional assets; as HIP-3 markets mature, these mass ADL events will hopefully become less and less of an impact on the market at large. Safe trading to all

Felix @felixprotocol

5 months ago

Crude Oil (WTI) perp is now live to trade on Hyperliquid The crude oil (WTI) perp market is deployed and managed by the Felix team (via HIP-3). The starting parameters of the market are the following: >Starting max leverage is 5x >Starting OI cap is set at 2.5M USD >On-hours and

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@omiliverr OMG my dear friend 🥰🌹🫂I’m happy for you and sad at the same time 😢😎😃🎁

🚨NEW: Team USA Olympic gold-medalist hockey player Jake Guentzel has declined Trump's invitation to the State of the Union and the White House. RETWEET if you stand with Guentzel against Trump!

RETWEET if you stand with Al Green against Trump!

Tonight, I will shine yellow and blue in support of Ukraine. 🇺🇦

Three weeks ago, Alex Pretti was murdered by the United States Government. RETWEET to honor this American Patriot 🇺🇸

RETWEET if you are proud to stand with Bad Bunny today at the Super Bowl!

RETWEET if you are proud to support Amy Klobuchar for Governor of Minnesota!

Anyway here is a photo of Obama with his Nobel Peace Prize given to him directly by the Nobel committee and not a Nobel winner trying to make him feel better about himself.