Sidepit
@SidepitExchange
Followers
1,133
Following
4
Media
56
Statuses
361
Sidepit exchange is a paradigm shift. A level playing field, with best-in-class executions. Recreating trading pits. Jackets:
Trading Pits
Joined August 2023
Don't wanna be here?
Send us removal request.
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Pinned Tweet
Best executions, saves ticks...Removing the fear of flash crashes...saves fees...BuyingTheFuckingDip...priceless!
Only Sidepit Fixes This
#soon
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Sidepit is going to address the growing market manipulation and unfair advantage exploitation in not just
#Defi
decentralized exchange, but in all of trading execution.
Sidepit is making markets fair again.
@TheBlock_
shares our story
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The Sidepit roadshow continues. Tonight in San Francisco.
@CryptoMondaysSF
@jaybny
@thehouseofweb3
@btcstartuplab
@liftedinit
👊Get outta that house and meet some fun
#web3
folks in the world's best urban park! 🌉
Speakers will include:
@AinnLabs
@SidepitExchange
@BitPensions
@mary_pedler
@ecoterium
@CryptoContentCo
& more 👏
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Set a reminder for our pre-halving launch party!
• Introductions
• Layer 2 DEX and Ordinals
• MEV resistance
• Community
• Game Stop Revolution Part 2
At Sidepit, we want to democratize decentralized exchange. We simply
#disrupt
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Second reminder for this Sunday's Space for pre-halving alpha.
Join us as we explore the depths of Sidepit Exchanges paradigm shifting design for $BTC trading 🔥🔥🔥
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People getting excited about sp/BTC
... rumours spreading about sp/ETH or sp/SOL
..... but sp/TSLA or sp/NVDA ??? People aren't ready.
Study
@SidepitExchange
@
@ETHBoston
hit up
@jaybny
&
@TibsJj
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What is
@SidepitExchange
?
Sidepit is a next generation exchange that leverages patented technology based on SHA-256 to recreate the conditions of the open outcry trading pits.
A unique, transparent auction process freezes time and eliminates the advantages of HFT / co-located
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Imagine showing up with a patented solution to MEV just as Bitcoin goes mainstream.
Then we’re fixing Ethererum
Then we’re fixing TradFi (and probably fixing your fills on Memecoins along the way).
Get ready.
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Sydney Sweeney continued…
“Adverse Selection risk in Centralized Limit Order Books are a result of the Byzantines General Problem. Game Theoretical solutions like the Sidepit Distributed Limit Order can eliminate this risk!”
#Bitcoin
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First ever Sidepit meetup. Things being set into motion. Our community's genesis block in a sense.
"Every revolution starts with a group of perceived irrelevant and common men that believe that a certain impossible task or dream is possible."
#MEV
= Solved
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hello world!
join the discord:
whitelist for ordinals Jackets:
early bird catches the alpha
#bitcoin
#bitcoinL2
#ordinals
#bitcoindefi
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The trading jacket isn't just a fashion statement, it’s a vibrant emblem of the hustle of open outcry trading and the solidarity in the trading community.
Despite the electronic revolution that killed the trading pits, the jacket’s significance persists. Let's dive into this
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Sidepit is NOT simply a crypto project.
@jaybny
rather designed a new consensus for exchange, which eliminates location and manipulation from the process. In the future, people will use Sidepit as the true price of any asset. This is a revolution.
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The narrative is simple.
Exchange is broken (front runs, MEV, flash orders/crashes)
Bitcoin uses game theory to solve money. Sidepit uses game theory to solve exchange.
Sidepit is a paradigm shift in digital exchange, and makes it resemble physical trading floors.
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Ordinals artwork
#alpha
drop Friday from
@btctogether
. Come to spaces and rugpull the HFT bots.
#BITCOIN
#Ordinals
#bitcoindefi
#GameStop
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Come find out what’s cooking
@SidepitExchange
,
#Bitcoin
Layer 2 DeFi for decentralised price discovery.
AMA with Core dev
@jaybny
Spaces Friday 10AM Pacific, 1PM NYC, 6PM London
LFG!
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Most oracles are LARPS. Real price discovery will unlock
#BitcoinDeFi
and allow
#Bitcoin
L2s to realise their potential.
I think one big oversight in the decentralized exchange landscape is a lack of focus on price discovery.
@SidepitExchange
will offer fair price discovery while solving MEV, front running, flash crashes and high frequency trading for $BTC
Institutional money is coming
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This order flashing is not normal.. but we are so used to it! Exchange is broken! Sidepit is THE answer.
Bitcoin solved money.
Bitcoin DeFi on Sidepit will solve exchange.
Launching for halving.
Member Jackets required.
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Here's a deep dive presentation into the brilliant design behind Sidepit
Given by our founder and architect
@jaybny
Learn how Sidepit solves exchange and eliminates execution risk!
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Jackets were the unmistakable symbol of the trading pit. Trading jackets were the OG team jerseys, making traders recognizable from afar with unique colors and insignia for each firm.
A blend of utility and identity. A jacket meant you were a risk taker who lived by your wits
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Checkout this vintage jacket worn in the pits!
Ordinal Trading Jacket Art to be revealed at halving.
What will the ordinals trading jackets look like?
Questions? Ideas?
Join our community discord:
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Don’t be like finance guy.
@SidepitExchange
is taking us back to the trading pits. Where men were men, and everyone wore jackets.
#Bitcoin
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Ordinals Trading Jacket Whitelist is filling up!
Top 40 OG Jackets, minting today is oversubscribed!
Final 5 OG Jackets are reserved for contest winners during spaces at 10am PT.
The next mint for 1000 is filling up quickly!
Join the whitelist at:
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We need someone to build community engagement: memes, X, Telegram, Discord.
Join a
#Bitcoin
project that is changing the exchange game.
DMs open. Starting ASAP.
so I'm a backer of
@SidepitExchange
(OG trading jacket
#3
)
Sidepit is looking to hire a PAID, FULL-TIME community manager.
dm
@SidepitExchange
if you think you got the stuff
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Overwhelmed by the response!
Please be patient! We can only mint one Jacket every 10 minutes.
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Imagine showing up with a patented solution to
#MEV
just as
#Bitcoin
goes mainstream.
Then we’re fixing
#Ethererum
Then we’re fixing
#TradFi
(and probably fixing your fills on
#Memecoins
along the way).
Get ready.
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Lastly, these jackets are a bridge to a bygone era. As we click away on a screen at a desk, these jackets remind us of the days when trades were sealed with shouts and hand signals, highlighting the irreplaceable human element in trading and reminds us what we have lost.
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Sidepit is a new kind of electronic exchange paradigm shift - a patented consensus auction mechanism recreating the Chicago trading pits to level the playing field while providing better pricing and stable execution.
All orders go into an executable pool, and an auction then
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May 21st
San Francisco Sidepit Hangout..
In Real Life..
Art..
Community..
Investors..
Join Us.
dm for address
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Sidepit in Prague! Find us!
@ChrisWhodl
#BTCPrague
“It'll be a form of technological communism.
What the world needs is
#bitcoin
… I ask you, go out, find and meet new bitcoiners and businesses not tomorrow, but today.” 👈
@Erikcason
gives a reality check at
#BTCPrague
and says that we need to start the inevitable fight now. 💪
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another plot twist: a runes sidepit price oracle is needed to feed the cat - so it doesn't go crazy on mev nip
plot twist: this is what the runes trading experience is going to look like
yes — same crap as brc20
another plot twist: OP_CAT fixes this 🐱
stay tuned we’ll have more to say about this tomorrow
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PSA: We recommend using a separate wallet for ordinals collections. And specifically, for the Sidepit Jacket mint. Mixing ordinals wallet with bitcoin payments, may cause your wallet may spend your ordinal on you!
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The race to solve front-running is heating up fast, and it is just like the race to solve the scaling trilemma. Hundreds of startups will claim to solve it when the devil is still in the details.
Sidepit is the only MEV/front-running solution that actually passes the purity test
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welcome to the club chads!
25 new Chad Jackets just minted!
LFG!
The OGs.
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Sidepit PAYS YOU for order flow, with negative commissions on market orders.
Become a
@SidepitExchange
OG and join our whitelist. Wanna know how? Come to our spaces.
#Bitcoin
#GME
#Ordinals
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Unexpected but pleasing to see
@Swan
#bitcoin
getting on the functional
#ordinals
train!
Minting Chad Jackets for trading access to
@SidepitExchange
trading pits now!
Bitcoin Twitter is the Chicago trading pit but for memes. We need yellow jackets.
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Prepare for tomorrow's launch party with
@jaybny
and Sidepit OGs!
Hear about yesterday's price action, flash crashes, and how exchanges today are broken!
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Bitcoin solved double spends, but not exchange. To fix exchange, we have to change underlying assumptions about it. Today, we assume someone has an advantage. Sidepit solves exchange. This is the largest paradigm shift since Bitcoin solving money.
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Our recursive inscription is now displaying correctly on ! Thank you
@zachmeyer_
@ord_io
for fixing issue!
Parent Jacket
#0
will mint Jacket
#1
-40!
Dynamic Jacket Ordinal Art Reveal at Bitcoin Halving!
OG Whitelist Info:
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Sidepit Ordinal Jackets, Minting Now
Bitcoin Twitter is the Chicago trading pit but for memes. We need yellow jackets.
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Set a reminder for our pre-halving launch party!
• Introductions
• Layer 2 DEX and Ordinals
• MEV resistance
• Community
• Game Stop Revolution Part 2
At Sidepit, we want to democratize decentralized exchange.
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0
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Not exactly. Flash crashes are a recurring phenomenon in current clob exchanges due to order flashing, in response to hft time attacks
Sidepit fixes this, by freezing time, and enabling a pool of BTFD jacket holders to buy up flash crashes in real time
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DM’s blowing up so taking a while to get back to people so some FAQs here:
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@muneeb
Sidepit is building the Bitcoin Layer 2 for true price discovery!
We are eliminating HFT and MEV advantages.
Enabling hedging and leveraging BTC against USD.. with on-chain settlement!
Finally! A decentralized exchange protocol with real utility!
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We’re bringing back the trading pits…
but decentralized
without latency arbitrage
nor co-location
or MEV
with locals, and brokers, and scalpers
and individual traders
on a level playing field
Patented DLOB + decentralized bitcoin sidechain with a dex-chain account
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otc desks face liquidity issues.
exchanges face execution issues.
Sidepit replaces both.
#sooon
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Beyond fabric, these jackets wove a sense of community. Exchanging jackets wasn't just about swapping clothes; it was about showing respect and forging trust.
#Jackets
were the tangible threads that tied the trading community together.
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Distributed Limit Order Books.
One second auctions, on top of CLOB,
Turing execution risk, into liquidity risk!
A known quantity, and manageable.
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Sidepit is on a mission to eliminate execution risk!
We do this by adding a secondary open, transparent free market protocol.
DLOB
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$300 spreads on exchanges today. $1000 for any size. just saying.
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Now Minting: Chad Trading Jackets
whitelist now open!
Sidepit Minting Address:
bc1pepkgjvzx5qfmkntmwdj2j8856zcmhxv7aa29e530eks84ysafe3q4tuw49
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We are fixing this. 💱
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Here's a deep dive presentation into the brilliant design behind Sidepit
Given by our founder and architect
@jaybny
Learn how Sidepit solves exchange and eliminates execution risk!
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The side pit wasn't invented, it was discovered. It's the only crypto exchange, and it hasn't even launched yet!
🧥 scam
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💱 launch
5
🍿 ❓☀️
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🪖 front lines
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LFG. whos in?
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AS IF THINGS COULDN’T GET MORE ANY MORE BULLISH!!!!
Major alpha dropping Friday.
#Bitcoin
#Ordinals
#BitcoinDeFi
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👀
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Sometimes you have to be first.
We were the first to tweet the Bitcoin symbol.
You can be the first at Sidepit.
Bitcoin 2.0
DeFi literally.
Actual decentralized finance.
Start the fomo, don't fomo the fomo. 💪
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In fear of flash crashes - institutional hedgers can't use exchange. This is execution risk!
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Public Service Announcement:
We will be training the next Jump Trading cohort on Decentralized Limit Order Book market making in Python.
Summer 2024. The revolution will be live coded.
sign up - wait-list -
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Ever thought of a jacket as a trophy? In the trading pits, it was. The more jackets you had, the higher your street cred. Collecting them from various firms was the ultimate flex, showcasing success and prowess.
A
#jacket
was the embodiment of skin in the game.
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Parent Jacket
#0
of 40 for the OG mint - whitelist contest this week - Monday-Friday - 10am
March 1 mint
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