Phoenix
@PhoenixTrade
Solana’s on-chain perpetuals exchange. Live in beta.
11 Following 34.9K Followers
$SOL is moving.
Trade it on Phoenix at up to 25x leverage:
Everything on @Solana, just the way it should be
Phoenix is now powering @solflare Perps, bringing the best on-chain perpetuals experience directly to your Solflare wallet.
Live on @solflare, powered by @PhoenixTrade, all on @solana
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The market is waking up.
Here's how funding looked on Phoenix this week:
Flight Club's Day 24 rewards have been distributed.
Check the Rewards Hub to claim. Only a few days left to earn daily USDC for trading on Phoenix!
Yesterday was the most active trading day in Phoenix history, and 58.4% of traders are in profit across the entire exchange.
Did you catch the move?
The top 4 traders on the Phoenix leaderboard all made over $100k today.
The market never sleeps, and @PhoenixTrade is the best place to be when it moves.
If you have a @solana wallet with USDC, the top leaderboard spot might be a deposit and a few trades away.
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today @PhoenixTrade had the largest liquidation in its history, by 8.8x
a $1.06M ETH short force closed in a single liquidation fill. the previous record was a $121K ZEC liquidation in May. the trader lost $196,064
the buyback swept 454 ETH and averaged $2,338.78. the trade before it printed $2,339.10.
the book just ate it
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For the first time in Phoenix history traders lost money shorting Ethereum.
Crypto is finally waking up.
Trade it on Phoenix.
Daily rewards have been distributed to Flight Club traders.
Less than one week left to earn your share of daily USDC by trading on Phoenix!
How much did you earn?
Now live on Phoenix:
$AVGO - 10x leverage
$BABA - 10x leverage
$CRV - 10x leverage
$LINK - 10x leverage
There's just one week left of Flight Club, but still a lot of USDC to be distributed!
Earn your share of USDC every day just by trading on Phoenix, with 2x rewards for active traders across Solana.
Get started:
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$ANSEM is moving.
Trade it 24/7 on Phoenix.
The daily rewards for Flight Club have been distributed.
Check your Rewards Hub to claim!
Day 19 rewards have been distributed to all Flight Club traders.
Check your Rewards Hub to claim!
Day 18 rewards for Flight Club have been distributed.
10 days left for your share of rewards every day!
THE OG TOURNAMENT IS OVER 🏆
16 fighters entered the arena.
Congratulations @0xC00per the @solanamobile enjoyer for winning the first TradeFighters OG Tournament.
Final:
@0xC00per defeated @ftosol THE HOTHEAD
Prize pool:
🥇 @0xC00per $1,300
🥈 @ftosol $700
Huge respect to every fighter who stepped into the arena:
@molusol
@0xjay
@FabianoSolana
@gotto_
@mango_
@solana_sailor
@0xSrMessi
@Web3Shantanu
@0xC00per
@Matt_Web3_
@ftosol
@aut3z
@captaincrypto21
@Nemo13
@AuspiciousToad
@Orizzzzzzzzzzz
Thank you to everyone who watched, supported, reposted and followed the tournament from day one.
This was only the beginning.
More fighters.
More tournaments.
The arena stays open.
⚔️
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Last week, 6 out of the top 7 markets for funding had longs paying shorts.
Check out the breakdown here:
Idle stables have traditionally gone into lending for yield.
But perpetual markets create another source: funding.
Nuke turns funding into delta-neutral yield, without taking directional exposure.
Today, we’re excited to partner with @PhoenixTrade , bringing Phoenix markets into Nuke’s execution layer.
We’re building the yield layer for perpetual markets.
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We just distributed Flight Club's Day 17 rewards.
This includes the 2x boost for active traders across Solana. Check the Rewards Hub to claim!
