What is What?

The Passion Behind the Project

The individuals behind this project are driven by a shared passion for providing a robust product suite focused on traditional cryptocurrency core values while unifying our highly fragmented industry.

Over the years, we have worked with major CEXs, projects, and 'cabals' that increasingly grew toward farming the industry for their own personal gain. We understand that "business is business," but we believe this toxic mindset has turned the industry into the monster it aimed to defeat. What difference is there between banks farming their clients and CEXs farming their traders? The original vision of this project was to create a trusted and transparent exchange alternative for users to enjoy—a product that returned all of the power and earnings back to its community. The idea seemed genuine and unique, with positive feedback from initial KOL outreach. However, we were already too late to the game. To put it bluntly, HyperLiquid was years ahead of us in building an honest and community-focused DEX product. Although they can be seen as competitors, we highly appreciate and applaud their 'honesty first' approach toward their ecosystem.

We believe their success stems from this approach and view it as a sign that the industry is tired of being farmed and is looking for better alternatives. The 'problem' may not be as obvious as BitMEX's 'system overloads,' but it is definitely there.

Fixing the Problem(s):

1. Honesty: We aim to fix the transparency problem by following HyperLiquid's honorable example. There's no need to overcomplicate things by trying to do something 'new.' We love the example and effect they've brought to the community and hope that more builders follow this path toward sustainable growth. We are self-funded. We owe nothing to anyone. All of our ecosystem's profits will be funneled back to the community, starting with a 30% airdrop to reward our initial user base.

2. Decentralized Management: Once our initial product suite is completed, we will create and activate the DAO, ensuring that future development and functionality of the ecosystem are based on the community's vote. Our role model for this is not HyperLiquid, but rather Curve. Although no longer in the spotlight, we greatly appreciate the story and evolution of Curve's DAO-governed ecosystem (tokenomics be damned).

3. Defragmentation: This is a problem that has plagued the industry since the birth of Ethereum, and it seems like hardly anyone is working toward a solution. We vibe with the anti-CEX approach by HyperLiquid but are adamantly against their move to develop another Layer 1 "EtHeReUm KiLlEr." Even Solana could not become #2 on CoinMarketCap, and it does a pretty good job at fixing the scalability issue (as does AVAX, by the way). The industry is already fragmented enough as it is; why cause further fragmentation for negligible improvements? Our approach to this problem is to ensure that all of our products are omnichain, built on top of LayerZero. This ensures that regardless of which L1 or L2 network community you choose to support, you will still be able to enjoy our products... even on HyperLiquid.

The Vision for the Future

The ultimate vision for this project is to create a self-sustaining, ever-evolving product suite for the community to own and enjoy. By attaching centralized legacy systems on top of LayerZero's underlying infrastructure, we aim to create a CeDeFi hybrid ecosystem that provides the ultimate "CEX-like experience" for users. A 'pseudochain' modular ecosystem that connects builders and users together. We believe that such a product will be able to compete with centralized exchanges by providing a seamless experience between modular apps while still offering self-custody to our users.

Self-custody is KEY.

Centralized entities have too much power and negate what cryptocurrency was all about. The community has become complacent with the ease of use that CEXs provide. To restore the traditional mindset of "not your keys, not your crypto," we need to provide a 1:1 experience that matches what a CEX offers. New users who sign up should be able to do so without even knowing that they are using DeFi. That is how we take back the narrative... that is how we win.

Join the community and help us make it a reality.