Take note ya'll!
@FX100Perp's testnet is now live!
If you didn't watch the utterly brilliant video below I highly encourage you to do so :)
And then join the Liquidation Game!
-Up to 100x leverage
-15 minutes of liquidation protection
-Location: Base
-Objective: Survive the volatility and profit!
As background,
@FX100Perp is the new project from the absolute gigabrain crew at
@protocol_fx...
The liquidation protection that FX100 is pioneering is based off the prior advancements the team made via their work on
@protocol_fx and its architecture, and is a first of its kind in on-chain crypto.
@protocol_fx continues to absolutely kill it, with TVL and revenue and $fxUSD supply surging over recent months, and
@FX100Perp will be a 'sister protocol' to it, so to speak, focusing specifically on high-leverage trading with the aforementioned liquidation protection.
I've been working with
@protocol_fx over the last year and own a ton of $FXN, so I am very bias (will also flip the partnership tab on this), but I personally think this is the most exciting launch in all of defi in 2026...
These dudes are the absolute apex of everything we value crypto for...
They are insanely smart, relentless in experimenting and iterating and shipping, idealistic, high-integrity, and passionate exemplars of the OG Etherean ethos of decentralization and permissionlessness and all the other qualities that make crypto an improvement over the legacy tradfi system...
And most of all the product they have created is just ridiculously valuable to defi users and traders.
For comparison, you could trade binary outcomes on the 15 min $BTC chart on Polymarket right now at max 2x leverage for a capped gain... whereas with FX100 you can do the same via the 15 minute liquidation protection at up to 100x leverage with uncapped upside...
Its really insanely cool and exactly the type of thing that originally made me fall in love with defi and go down the rabbit hole on all this stuff back in the day :)
Will link to more info below!