PAX Gold (PAXG)

GOLD-USDH is live from @felixprotocol. Why trade GOLD perp on HL when there is already a PAXG perp? Felix’s GOLD-USDH market price is derived directly from spot feeds from the largest commodities exchanges globally, which eliminates a major problem that PAXG faces: wicks. PAXG has wicked upwards of 10% on all leading CEXs and Hyperliquid, even during on-hours. The October 10 depeg on HL was almost 25%, which would've liquidated any longs which were using more than 3x leverage without extra margin. This makes the market unappealing to anyone who is looking to hold positions long term and not just trade intraday With GOLD-USDH, we are bringing a true gold perp to Hyperliquid. GOLD-USDH uses exchange feeds when they are operating 23/5 and uses an EMA of XAUT feeds during the off-hours, making it difficult for any attacker to manipulate the market and liquidate positions on the GOLD-USDH perp Additionally, GOLD-USDH takes on all the benefits of USDH as an HL-aligned stablecoin from @nativemarkets Happy trad

GOLD-USDH is live from @felixprotocol. Why trade GOLD perp on HL when there is already a PAXG perp? Felix’s GOLD-USDH market price is derived directly from spot feeds from the largest commodities exchanges globally, which eliminates a major problem that PAXG faces: wicks. PAXG has wicked upwards of 10% on all leading CEXs and Hyperliquid, even during on-hours. The October 10 depeg on HL was almost 25%, which would've liquidated any longs which were using more than 3x leverage without extra margin. This makes the market unappealing to anyone who is looking to hold positions long term and not just trade intraday With GOLD-USDH, we are bringing a true gold perp to Hyperliquid. GOLD-USDH uses exchange feeds when they are operating 23/5 and uses an EMA of XAUT feeds during the off-hours, making it difficult for any attacker to manipulate the market and liquidate positions on the GOLD-USDH perp Additionally, GOLD-USDH takes on all the benefits of USDH as an HL-aligned stablecoin from @nativemarkets Happy trad

What comes next after dollars and gold? More commodities, of course! Market appetite has been tested and validated, helped along by gold’s strong performance. Silver looks set to be next on the tokenization agenda, with projects in this space likely to attract significant attention.

[ The start of Salary Meta? Let's learn about @multiplifi's intriguing product rwaUSD! ] Many people are doing multiplifi with their salary Yaping! They are known as a team that actually conducts business on RWA through xUSDT / xUSDC. If you look here, they've even entered the stablecoin business called rwaUSD? But the collateral is a RWA project, so it's gold. Precisely, it should be called tokenized gold on-chain, right? Next to it, it says the Stablecoin is indeed guaranteed. I don't know exactly how it's guaranteed, but honestly, putting money into stablecoins these days feels awkward. APR is low, the market is poor, and there are many depegging issues...! But multiplifi might be different? I believe in it~

@MarttinChriste1 I like the Supercharger for no need to lock the tokens. https://t.co/Jgk0qtnHsE