Thomas (@thgehr) header
Thomas (@thgehr) profile picture

SuperteamDE member | Building @MatoMarkets

Joined March 2019
Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)Photo by Thomas (@thgehr)
It was an honor meeting you all here in Tokyo! Huge thanks to @SuperteamJapan for bringing everyone together. Hope to see you all again soon, maybe at Breakpoint or another event! 🙌
Solana Builders Day 🇯🇵🇮🇪🇩🇪🇷🇸 Joel( @CatScope_io ), @SuperteamJapan @HenronEldini , @superteamIE @thgehr , @SuperteamDE @WackoSenshi , @SuperteamBLKN Misuzu( @happy_tennto ), @SuperteamJapan This isn’t a special occasion. It’s just another day for Solana builders in Tokyo.
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I’ve been practicing Judo for over 30 years, and I finally got the chance to train at the Kodokan in Tokyo, the birthplace of Judo. What I love most about Judo is that it’s so much more than a sport. It teaches you trust, courage, and respect 🤝 And perhaps the most important lesson: No matter how many times you fall, you always get back up. 🥋
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I've always believed markets should be fair and make everyone better off. 🎓 In reality, I found something else. Here's what I learned building Mato 👇
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But what if we didn't have to execute trades one by one, but in parallel? That's the idea behind Continuous Clearing Auctions (CCAs). Instead of competing for a place in line, trades are cleared together. I'll explain how this works in another thread next week.
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Mato is my experiment to see if we can build fairer markets. It's still early, and there's a lot to learn. If you want to be part of this experiment, give it a try and let me know what you think 👇 mato.markets/
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In theory, markets do something amazing: they find a price where supply meets demand, creating as much value from trading as possible. But in practice, many DEXs execute trades one by one. Suddenly, who trades right before you can have a big impact on the price you get.
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Markets are supposed to care about supply and demand. But the way we execute trades makes transaction ordering matter too. Once sequence becomes value, traders aren't just competing on price. They're competing for their place in line.
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Some bots even trade right before and after you to profit from your order. That's a sandwich attack. On Solana, this still takes millions of dollars a month.
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Thomas retweeted
.@jacobvcreech remove the beta tag in the explorer
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One thing I love about the Solana ecosystem is that people don’t just talk about problems. They build solutions. Extraction is still a challenge, but there are some really interesting approaches to making trading fairer.
The adoption of Solana OFAs has increased over the past six months. Read this article to learn about how they work, some issues we hear about from the top Solana apps, and brief thoughts on if these arrangements making Solana better for apps and users.
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“The most important thing is to make Solana the best place to trade any asset.”
The adoption of Solana OFAs has increased over the past six months. Read this article to learn about how they work, some issues we hear about from the top Solana apps, and brief thoughts on if these arrangements making Solana better for apps and users.
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What excites me about building onchain is the opportunity to rethink how financial products and markets work, and experiment with new ideas. That experiment became @MatoMarkets Mato is a decentralized exchange built around Continuous Clearing Auctions, a market structure designed to make trading fairer and more efficient. Mato is now open for everyone to try. Would love for you to give it a try and let me know what you think! mato.markets
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In January 2025 I wrote an article about a new kind of order book The only reply under it said would love to see it in action It is live on Solana now, and this is the clearest way we found to explain it 👇
On most exchanges orders are filled one after another. So the price you get depends on your place in line. Mato fills everyone at the same price 👇
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Thomas retweeted
Mato just got a fresh new look! Over the past few weeks, many of you tried Mato, shared feedback, and took the time to chat with us. Thank you! It's been incredibly helpful ❤️ We've just shipped a new version with a redesigned interface and much deeper liquidity. Give it a try and let us know what you think! mato.markets/
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Happy epoch 1000 Solana! 🎉 Many more to come (and they’re only getting faster). Just to highlight a couple of achievements along the way: 🧵1/10
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Happy 1000
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