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1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
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I heard that the off-exchange price of @edgeX_exchange's points has exceeded 30 U.
Back in December last year, @MogeYuu28 urged me to join, but I got lazy and didn't participate.
Earning points was as easy as breathing back then, I was almost free, rich lady @YOYO_uu9, I’ve noted down the villa that you and I owe to the chairman.
Can I still participate now? The HYPE in the same track before was super big (there were many examples of receiving airdrops worth tens of thousands of dollars).
And the trading volume of edgeX has now only been surpassed by @HyperliquidX, ranking second among all perp dex!
The third is @Lighter_xyz, as the zero transaction fee model has also led to a surge in trading volume.
These two platforms are quite FOMO for foreigners. Even though it's not bad for a small gain without a big one, the cost of boosting scores has increased a lot. However, there are still profits according to the off-market prices.
The current off-market score of Lighter is about 8U, and the two platforms' hedging contracts are a good way to accumulate points.
👇Specific score brushing operations:
1. First, register an edgeX account:
2. Register a Lighter account:
Note: Currently in the internal testing phase, an invitation code 【QEBS2QL722XA】 is required to use it. I asked the project team for some, and the quota is limited, first come first served.
3. Each account should recharge an appropriate amount of funds.
4. One platform goes long, and one platform goes short to hedge.
It is recommended not to open and close positions in a second. Keep the position for some time before closing it. Choose your leverage ratio yourself; I use 10x. If it's too high, it can easily lead to liquidation, so you need to pay more attention.
‼️Reminder: There is a high risk in perpetual contract trading, with the risk of losing all principal. Do not get carried away. If you are not skilled in contract trading and do not know how to hedge, it is advisable to give up. Make your own judgment, this is not investment advice, DYOR!
🌟The background of these two projects is also very impressive:
▪️edgeX is a well-known market-making institution incubated by Amber, which is not short of money and has no VC financing.
▪️Lighter is backed by a16z, and it is said that other top VCs will join later.
Both of these projects are highly regarded perpetual contract trading platforms in the market, and both platforms are experiencing rapid growth in trading volume. The competition for second and third place is quite intense, so hedging simultaneously is the best strategy for gaining points on both sides.