
🟦 @wick_xyz 🟪 @cctpto 🟧 @shadowonsonic
Joined April 2021
- Tweets9.9K
- Following519
- Followers9.3K
- Likes35.5K
It's one of the best uses of liquidity provision is LPing out of a position. Sell gradually into demand instead of dumping into thin liquidity, relying on sell bots or sitting there manually selling as buys come in.
Traditional limit orders help, but seeing a candle touch your price doesn’t necessarily mean your order fills.
For thinly traded onchain assets, whether crypto or tokenized stocks, even a relatively small market sell can mean painful price impact. LPing lets you scale out across a chosen range instead.
But what pisses a lot of us LP users off is those sales aren’t final while the liquidity stays active. Price can hit your range, sell your tokens, then reverse through it and buy them back. You were right about the move, but missed the exit.
The same problem works in reverse when accumulating. I personally set up USDC LP positions on Meteora, Aerodrome or Uniswap for assets I want to buy. As price falls through my range, that USDC converts into the asset. But if I’m not around to withdraw and price rebounds through the range, the tokens can get sold back into USDC. The entry I wanted gets undone.
Scale out without automatically buying back in. Scale in without automatically selling the rebound. “Fill” setting locks whatever fills even partially and makes it claimable, not leaving that shit exposed to the reversal.
You still need trading flow to fill the order. But you don’t need to sit in a cuck chair watching the LP just to keep what already filled.
It’s almost like the “w” in @wick_xyz stands for “win” and its protocol design is crafted to help its users keep their profits instead of giving it back up to slippage, flash dumps or having to sit there all day trying to sell a position for a reasonable price.
Pretty incredible things being built here to make accessing and exchanging assets more powerful than ever before.
Imagine you're trenching and @blknoiz06 or @theunipcs posts your bags. Chart rips. You're scrambling to pull liquidity before it dumps back through your range.
Never again with Wick. Set your limits beforehand. Sleep knowing you'll auto-sell the 10x.
I’ve always said selling via liquidity is the best way to do it. Best execution without destroying the chart. But I hated having to babysit the position the ENTIRE time.
Wish this feature was available everywhere, esp recently on RHC.
Imagine you're trenching and @blknoiz06 or @theunipcs posts your bags. Chart rips. You're scrambling to pull liquidity before it dumps back through your range.
Never again with Wick. Set your limits beforehand. Sleep knowing you'll auto-sell the 10x.
Imagine you're trenching and @blknoiz06 or @theunipcs posts your bags. Chart rips. You're scrambling to pull liquidity before it dumps back through your range.
Never again with Wick. Set your limits beforehand. Sleep knowing you'll auto-sell the 10x.
“Wick captures most of the price move” ≠ “IL is gone.”
~86–95% of the extractable part is captured at the fee barrier. The rest either captured via internal arbitrage or structural IL that cannot be mitigated.
24 retweeted
Looks like Lighter is adding SPAN-style portfolio margin, set to launch with vanilla options
Today Lighter calculates each position's margin on its own and adds them up. On the Q3 investor call, @vnovakovski said the new engine looks at spot, perps and options on the same asset together and asks "what the worst realistic loss would be if the market moved sharply." It revalues the book across moves in price and implied vol. That's the logic of SPAN, the method CME uses for futures and options
Without portfolio margin, an options market maker posts margin on both legs: the options it sells, as if they were naked, and the perps that hedge them. Margined together, the two legs have a smaller worst case, and as Vlad put it, a smaller worst case means less margin. The market maker could then quote tighter and deeper, and a trader buying a single call gets those quotes too
For a regular trader this would make hedging pay. Selling calls on ETH you already hold stops tying up margin like a naked short. Buying a put under a long perp lowers your margin and moves your liquidation further away, instead of only costing premium
Institutions compare venues on how much capital a book ties up there. At CME, options desks are already margined on scenarios, and Vlad said professional trading shops run options books this way. On a venue that margins every leg alone, the same hedged book ties up several times the capital, so a desk keeps its size elsewhere. With SPAN-style margin, Lighter would charge a book for the risk it actually carries, the way CME does, and that's what it would take for the firms that dominate options to trade there once Lighter is live in the US
Replying to @econoar @Lighter_xyz
We will finally see how an EVM can properly compose with a perps orderbook. Each EVM block is a child of one Core block, so contracts read the book as their own state instead of waiting on an oracle. Lending, liquidations, and an AMM can price off the same book in the same block.
24 retweeted
再补充一下 wick 的 wAMM BIN 机制:
wAMM 将 LP 完全订单簿化了,可以选择你特定的仓位,让它们变成限价单。这样一旦成交并换成你想要的资产后,不再自动沿着 AMM 曲线反向卖回去。
利用 Hooks 加入自定交易规则,还能让在 wick 的交易更接近传统金融市场中的期权 Options 交易和股票指数 Index 交易。
看好 Lighter 生态的第一个项目 —— Wick @wick_xyz logo 都是 Lighter 斜过来的😂
我已经提交了几个钱包地址候补,上线第一时间会冲。
具体做什么的,大家看我拍的视频就好,主要的特色我觉得有:
wickAMM —— Wick 产品内部的一个自创交易引擎,很有特色!
wLIT —— LIT 的流通质押版本,让你质押在 Lighter 的 LIT 流动起来,具体类似 stETH 相比 ETH 的作用。
wLLP —— 将 APR 15% 的 LLP 策略代币化,可用作抵押品开仓,让 Lighter 交易资金效率拉满。
Lighter EVM devnet live. 🕯️
Lighter EVM devnet is live! An EVM-equivalent rollup built in collaboration with @axiom_xyz, powered by OpenVM. It runs alongside Lighter Core, and the two are designed to settle jointly to Ethereum with a single ZK proof 🧵
24 retweeted
看好 Lighter 生态的第一个项目 —— Wick @wick_xyz logo 都是 Lighter 斜过来的😂
我已经提交了几个钱包地址候补,上线第一时间会冲。
具体做什么的,大家看我拍的视频就好,主要的特色我觉得有:
wickAMM —— Wick 产品内部的一个自创交易引擎,很有特色!
wLIT —— LIT 的流通质押版本,让你质押在 Lighter 的 LIT 流动起来,具体类似 stETH 相比 ETH 的作用。
wLLP —— 将 APR 15% 的 LLP 策略代币化,可用作抵押品开仓,让 Lighter 交易资金效率拉满。
24 retweeted
A few months ago, I joined @wick_xyz to help with the brand and creative direction.
It’s been interesting to see how we’ve built a visual identity almost from zero: characters, scenes, a look and a way of telling our story.
Wick made an appearance at the @Lighter_xyz event in Singapore!
Great meeting the team and fellow builders. A few things worth sharing:
→ Lighter EVM is targeting Q4.
→ Spot equities coming to Lighter EVM via Lighter Core.
Lots to look forward to. Back to building! 🕯️


















