Gautham J
@gauthamastro
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Following
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Trying to create something beautiful.
Joined January 2017
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Pinned Tweet
@polkadex
chugging trades like a champ!
As a technical founder, for me this screen capture is beautiful. What's happening is the permission less, anonymous polkadex validators verifying and attesting the trades happening in the Orderbook. You can see this in real-time by running
10
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113
Polkadex Mainnet Just Went Live!!
It will be made available in explorer for the community on 29th Sept after a few internal tests and then we will enable PDEX Migration. PolkadotJS will soon support staking and nominating in PDEX.
#PolkadexMainnet
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It's official
@polkadex
community!!
We have successfully upgraded the mainnet with orderbook logic in runtime v277. In the next 7-8 hours we will deploy the orderbook in the enclave, once we check everything is running without faults for 24 hrs we will open it up for the public.
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Testing out the
@polkadex
orderbook, Few UI/UX issues remaining but it looks good for the first iteration.
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@polkadex
will announce the mainnet date late next week. 😎
*And create history for releasing software projects in time*😂
11
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Pretty soon, users can use any wallet,
@MetaMask
,
@TrustWallet
,
@CoinbaseWallet
, you name it. It will be supported by
@polkadex
natively.
I am so excited !!!
16
34
152
Thea is functional on the internal testnet. On Feb 14th, we will have it on public testnet. We also started integration with other parachain teams. I am so excited about this new chapter for
@polkadex
25
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Thanks
@gavofyork
for the mention. It amplifies the vision we are setting at
@polkadex
and for the future of DeFi.
Looking forward to a collaborative effort and a big thanks for building
@substrate_io
and
@Polkadot
Finally, an exchange which looks, acts and feels like a CEX, coded on
@substrate_io
, hosted on
@polkadot
.
@polkadex
309
475
2K
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I am excited to see 800+ users in
@polkadex
Orderbook Beta and counting. It shows the need for an order book in Defi. It will skyrocket with integration with Ethereum, Polygon, and other ecosystems and support for Metamask and other native wallets.
These users are onboarded
21
43
146
After over two years of R&D,
@polkadex
is now open to the public, supporting HFT. All trades are settled peer-to-peer by 200 public validators spread across the world. What's next?
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I am programming something cool for
@polkadex
and useful for the common man. It is a bleeding edge tech that unifies the isolated crypto ecosystems. It been under works for the last 8 months.
More updates later this month =)
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Liquidity is increased, and spread is tightened in
@polkadex
's Orderbook. More liquidity and Pairs will be added with the release of Thea to production. Thea will be out sooner than you think ;)
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1/3) Hey
@polkadex
community, today we release the Polkadex orderbook for public beta testing with real-value tokens and zero trading fees. Check it out here,
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@polkadex
orderbook in the works, getting ready for beta release later this month. Let us know your thoughts
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We just completed the implementation of the Ethereum connectivity in Thea. It will undergo tests for the rest of the year and will be available in mainnet by mid-January and earlier for beta testers.
Happy Weekend!
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🚀
@polkadex
's latest upgrade to v5.1.1 introduces Thea and Orderbook, unlocking trading capabilities starting this 4th of July! Witness history unfolds as we proudly unveil the world's first decentralized peer-to-peer Orderbook, powered by over 200 validators. Stay tuned for
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@polkadex
Orderbook was benchmarked last week, and we achieved a 2000 TPS peak with just one trading pair and one machine. On top of this, we have some optimizations in Orderbook that we are working on this month to make this even better. Here is the proof!
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Polkadex just released v1.0.8. It’s the first step towards our mainnet deployment of products and lays the foundation required for future releases. We will give the community a few weeks to upgrade, followed by a runtime upgrade: the next step is the Thea release.
12
23
101
We just released the v4.0.0 of
@polkadex
, which includes the Orderbook. Validators can start upgrading their binary, and in one week, we will do the runtime upgrade, activating the orderbook.
12
29
108
We are starting the work on the link between
@polkadex
mainnet and parachain, leveraging the use of XCM to bring liquidity to Orderbook. More tokens and more pairs by end of the year.
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🚀 Exciting updates from
@polkadex
:
1️⃣ Preparing for a validator upgrade - transitioning to the polkadot-v1.1 release.
2️⃣ Resolved validator peer discovery challenges.
3️⃣ Enhanced our runtime to v310, introducing APIs that fortify trade settlement processes.
4️⃣ Kudos to our
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Our recent
#IDO
in
#Ethereum
led to many people burning their funds in tx fees and didn't even get an allocation! I cannot leave the
#web3
ecosystem hanging like this.
#Polkadex
will create a perfect
#IDO
platform in
#Substrate
and launch it on our testnet for public feedback.
It's about time we stop IDOs in Ethereum. People pay $1000 in gas to buy $300 worth of tokens. Enough of this nonsense!
@polkadex
will build a decentralised, fully onchain IDO platform, help projects to mint, burn and list tokens cross compatible with Ethereum and Polkadot.
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Pretty soon, the first flavour of Thea will be in the testnet. My goal is to have the Thea released in mainnet in 60-70 days from tomorrow. Wish us luck!
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We raised the PR to add our parachain into Parity’s rococo public testnet. Once approved, Thea + Parachain goes live, and we have planned a set of token pairs for end to end testing with our fellow parachain projects!
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We had a fantastic day at
@NFTTallinn
with
@Bitboy_Crypto
,
@mineyour_biz
,
@CryptoWendyO
, and
@TomCrownCrypto
! The OGs of crypto at
@polkadex
stage!
#NFTTallinn
#cryptoconversations
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Excited about PolkaIDO and Polkadex Orderbook, expected to be in testnet in October 🤩🤩🥳
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The next generation of exchanges should have all sorts of assets, not just crypto!
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Really excited about our partnership!
Looking forward to working together
@danreecer_
@bettechentt
🚀
@polkadex
will integrate $aUSD as the default stablecoin for the Polkadex parachain!
Polkadex users will be able to leverage $aUSD stablecoin trading functionality on Polkadex's decentralized exchange.
Learn more👇
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$11,000 in retail daily volume (i.e from unique accounts) consistently for the last week. Most of it is from DOT/USDT market in
@polkadex
. The deposits are also increasing now.
7
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@polkadex
Thea and OB went online a few days ago. I am happy to share that, Polkadex now has all the capabilities to start trading the assets of Polkadot and its parachains. This release marks the foundation for all the future upgrades Polkadex has in store.
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There has been a lot of queries in our community regarding whether the
@polkadex
app will support multiple wallets, The answer is YES, It will be an upgrade after the initial release. The app will also support one-click cross-chain transfers too!
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@polkadex
parachain’s client side is upgraded with the latest binary.
Parachain runtime upgrade will happen tomorrow, deploying Thea and XCM to production.
Block Explorer for parachain will be up in the following week.
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@polkadex
crowd loan has been live for 24 hrs, and we got 44800+ DOTs; that's impressive! Contribute DOTs and help us win the slot. Join us in the journey to create the next generation of financial products!
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We completed the final tests of
@polkadex
OB and are ready for the binary release this Wednesday. A few things to note: our algorithm is very disk-heavy and consumes more bandwidth as no. of trades increases. It is advised to run recommended spec machines before the runtime
10
22
83
I am excited to share that
@polkadex
increased the team size by 4. These new members will help us accelerate the development work and help maintain our social media handles. 🚀🚀
6
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@polkadex
Node upgrade was executed successfully one hour ago. It contains all the things necessary for next release of Thea and IDO to mainnet. Stay tuned!
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I know the community is wondering when is the testnet release for
#Polkadex
, Hang tight; we are trying to deliver by late this month. You can track the progress here:
7
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76
There was an upgrade of OB yesterday. Trading bot users in
@polkadex
will experience a faster response time, under 500ms. Also,
@_hummingbot
users, we have fixed a bug that prevents the bot from placing orders or canceling orders after the bot has been running for a few hours.
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29
85
Thea Bridge is something I wanted, after 6-8 months designing, prototyping and fixing bugs it’s taking shape now. Thea v1 will prove the idea and Thea v2 will scale it. Economics of Thea bridge will be shared later once the tech is stable on mainnet.
7
12
74
A quick update since the last AMA, as it is important to keep the community posted on the status.
9
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79
@polkadex
started the core development work a few weeks ago as we fully hired the engineers we need. I know there is a lot of confusion around. how
#Polkadex
works and how we achieve our claims of
#HFT
. Join me on
#PolkadotDecoded
to learn more about us :)
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10
71
Please vote my talk at
#PolkadotDecoded
, I will be talking about how substrate enables
@polkadex
to conduct HFT trustlessly and Thea protocol and how we fit into the Polkadot vision!
🗳
Vote for
@gauthamastro
’s talk to be featured at
#PolkadotDecoded
!
Find “How Polkadex enabled High Frequency Trading with Substrate and Polkadot” in the Lightning Pitch category and submit your vote!
👇👇👇
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900 today. 🔥
I am excited to see 800+ users in
@polkadex
Orderbook Beta and counting. It shows the need for an order book in Defi. It will skyrocket with integration with Ethereum, Polygon, and other ecosystems and support for Metamask and other native wallets.
These users are onboarded
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I am looking for rust engineers to build
@polkadex
. You will be working on
@substrate_io
and
@Polkadot
. Please reach out to us at business
@polkadex
.trade if you think you are the right candidate.
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75
We hit a snag yesterday but here we go B)
@polkadex
started the first phase of our testnet release, explorer:
Telemetry:
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21
71
We have some exciting items in the pipeline for the community 😌😉. It will make it super easy to trade in
@polkadex
Congrats to
@StillAgyle
,
@JonPDunne
and the team on this milestone!
By the way,
@polkadex
and
@wearetalisman
are working together to create the best trading experience 👀
0
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76
It means polkadex gets access to more liquidity, and unlike other DEXes, we will not be an isolated ecosystem. We will thrive with interoperability between ecosystems.
4
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65
At the roundtable with Estonian regulators listened to their concerns and strategies (MiCA) to regulate and better protect users.
@polkadex
is designed and ready to become the torchbearer for the future of DeFi.
0
15
71
@polkadex
saw ~ $20,000 ( $19,898 to be exact ) avg retail volume per day last week
IBTC/USDT not included yet.
$11,000 in retail daily volume (i.e from unique accounts) consistently for the last week. Most of it is from DOT/USDT market in
@polkadex
. The deposits are also increasing now.
7
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17
72
We had a lovely dinner with these Polkadot OGs yesterday and discussed governance, collaborations, and more.
7
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1/2) It took some time, but it's finally in our internal testnets. This feature is so relevant to
@polkadex
, and it shows how important security and user experience are to us. I will probably announce the details in one of the upcoming AMAs next month.
I am programming something cool for
@polkadex
and useful for the common man. It is a bleeding edge tech that unifies the isolated crypto ecosystems. It been under works for the last 8 months.
More updates later this month =)
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71
@polkadex
‘s parachain runtime upgrade is complete. End users are not required to interact with the parachain directly, but it will allow moving liquidity to and from Polkadex solochain and other parachains. The first phase of the upcoming release is now complete.
Next step:
6
22
71
Think about this.
"Blockchains are not yet made for common people". How do creators expect common man to "verify" cryptographic details like signature or hash.
As a creator myself, I ensure
@polkadex
is all about user experience and mainstream adoption🔥
3
7
67
On chain governance interface of
@polkadex
is being set up for mainnet, along with first proposal.
3
12
65
I was working on connecting
@polkadex
to Ethereum, Polygon, and other EVM-based chains. The good thing about EVM-based systems is their low barrier of entry for businesses, which makes go-to-market faster.
11
11
70
I just heard from the team about the PolkaIDO getting ready for beta testing. It passed the internal testing, there are a few more visual and aesthetic bugs to fix but it's not a show stopper for beta testers.
@polkadex
beta testers, get ready!
5
9
64
Let’s win it!!!
🚀The Polkadex Crowdloan is baaack🚀
🙌 Polkadexers assemble! Polkadex needs your help! 💪
Loan your DOT to the Polkadex Crowdloan & get:
💰 2+ PDEX per DOT
🖼 Utility-based NFTs for top 1k contributors
📰 All the details + guide on how to contribute👇
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There will be a phase when having custody of user assets is illegal and companies that provide same user experience without custody will prevail and will be the next 🦄.
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Thanks
@fengtality
, for the shoutout :)
@polkadex
@_hummingbot
Connector is live now for the community :)
This is the first step towards democratising the arts of market making. An announcement is coming soon. The Polkadex council members have started working on the guide to
4
18
69
The biggest problem of the
@substrate_io
ecosystem is the steep learning for new users. People lose money every day and are scared to use new tools. We should bring features so they can use their existing wallet setups. We did that! Thanks to the flexibility of
@substrate_io
3
16
65
Landed in Denmark after a 14hr flight, I am excited to meet everyone and share the latest milestones of
@polkadex
at
@PolkadotDecoded
🤩🙌
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We completed Thea’s primary functionality test yesterday. Everything looks fine for the best-case scenarios. We will be doing corner case handling and loads of testing before it's shipped for public testing by mid-Feb.
8
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Our temporary bridging soln for OB until Thea is released is being deployed, we will keep you posted!
8
14
60
Congratulations,
@polkadex
! We successfully delivered milestone 1, which included Off-chain IPFS to protect tokens in Orderbook and Polkapool, which helps trade without frontrunning or huge txn fees.
IPFS sol. will extend to other products
@polkadex
has in line for next year!
And don't miss the latest update of the
@substrate_io
Builders Program. This month several teams have achieved milestones:
@EquilibriumDeFi
,
@Kylin_Network
,
@polkadex
,
@PontemNetwork
,
@apronofficial1
,
@litentry
, and
@subsquid
:
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1
10
52
Yesterday,
@polkadex
has finalized its decentralized recovery mechanism for the user's funds from the off-chain worker. It uses state-of-the-art technologies like
@IPFS
,
@substrate_io
's off-chain workers, and On-chain Governance.
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Decentralized Exchanges don't need to be without institutional liquidity or fiat support. When KYC can be done in a decentralized manner.
Join us to understand how we safeguard Trader's privacy at Polkadex
Register here:
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54
Many projects ship out half baked, untested, and unaudited technologies;
Nobody benefits from this!
@polkadex
is so big that audit firms need 18 engineer weeks. We won't compromise on quality. That's a promise!
7
4
56
All node service providers have upgraded to v5.4, and the runtime upgrade is planned for Monday.
5
9
56
DEXes are isolated by the blockchain they are in. The true strength of a DEX is connecting with as many blockchains as possible. Even traditional stocks/assets should be available.
3
6
53
Web3 startups these days are just about building some R&D collectible and expect people to use it. Technology is meant to create products around user behaviour and not the other way around. It is the core principle, I emphasis at
@polkadex
on whatever we are building.
3
8
51
Recent announcement by the Chinese authorities on outright ban of all crypto transactions is something, we need to see how it will play in the market. As far as
@polkadex
is concerned, Chinese community can participate in Polkapool, PolkaIDO and Governance of the network.
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13
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We will win.
6
10
51
As promised Thea and IDO released on
@polkadex
testnet. Check it out and see how easy and similar it is to deposits and withdrawals from a CEX.
Get your hands on Thea & PolkaIDO 🙌
Now live on the Polkadex public testnet:
🧑💻 Token Manager
🌉 Thea Bridge (deposits and withdrawals)
🪙 PolkaIDO
Check out how easy it is to get from Ethereum to Polkadex & back!
📰 All the details & testing steps 👇
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In a few weeks, the community can expect Thea, IDO and Orderbook to be released to mainnet with liquidity restrictions to avoid mishaps. The prime goal of the v1 release is to validate the assumptions we made and make sure the products are stable.
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1
51
Basic functionality work is getting complete. We are moving ahead of schedule! 💪
Good to hear the update from
@gauthamastro
today morning. THEA release is progressing very well and on schedule. Really excited for the roadmap this year. 👍
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