A total of 10 markets have now been deployed to Cryptex.

Introducing BTC. Squared.

Now live on Cryptex Pi and Powered by Perennial Labs, users can learn more about BTC^2 and DeFi Native Options here:

https://medium.com/perennial-protocol/power-perpetuals-on-perennial-606ec8cdd422

This integration marks a total of 11 markets deployed to the Cryptex Protocol and the 10th market deployed to Cryptex Pi since 11/28.

Thank you.

Today, the DAOs Single Side Staking program has been extended.

12,655 CTX have been added to SSS for the next 3 months.

1,253,838.60 CTX Governance Tokens are now delegated for voting, representing the highest level of network delegations since program inception on 10/8/2021.

161,240 CTX have been rewarded to Cryptex DAO members who have delegated CTX for the purposes of voting and protocol governance participation.

Governance metrics are fully transparent on-chain and can be tracked here.

Source: https://dune.com/cryptexfinance/cryptex-dao-dashboard

Today, multiple UI updates were deployed to Cryptex Pi:


👾Market Info tab for concise data related to smart contract accessibility, transparency and position efficiency

👾Position bar displaying key data metrics across each market on Pi

Up next:

👾Limit and stop loss functionality

👾 New Markets

All system metrics are accessible on chain at all times.

Source: https://dune.com/cryptexfinance/cryptex-dashboard

For the next two weeks, 75,400 ARB are available to Cryptex Pi system users.

These incentives are made possible via system integration with Perennial Labs.

Thank you.

We call it Cryptex Joepicana

Soon

Exclusively on Arbitrum

Cryptex Pi has successfully integrated with Pyth Network.

This collaboration seeks to develop fully customizable, low-latency price feeds, aligned with our mission of delivering world class, cutting-edge decentralized markets to the Arbitrum ecosystem.

Users can see integration live on Pyth Network here:

pyth.network/consumers

Thank you.

Introducing ETH. Squared.

Now live on Cryptex Pi and Powered by Perennial Labs, users can learn more about ETC^2 and DeFi Native Options here:

https://medium.com/perennial-protocol/power-perpetuals-on-perennial-606ec8cdd422

This integration marks a total of 12 markets deployed to the Cryptex Protocol and the 11th market deployed to Cryptex Pi since 11/28.

Thank you.

Season 8 of ARB incentives are now live.

For the next two weeks, 77,000 ARB are available to Cryptex Pi system users.

Thank you.

Jupiter, meet Pi.

This integration marks a total of 13 markets deployed to the Cryptex Protocol and the 12th market deployed to Cryptex Pi since 11/28.

Thank you.

Our mission is simple.

Deploy best in class, cutting edge markets for the arbitrum ecosystem.

We are thrilled to report the following Cryptex Pi system metrics:

👾 13 markets now live

👾Total system liquidity $19.52M+

👾Total open interest $1.16M+

Cryptex Pi is built on top of perenniallabs infrastructure.

The system is powered by low latency data oracles and price feeds from both PythNetwork and chainlink w/ many new customizable markets to come.

And stay tuned for something special this Sunday.

Thank you.

Live for today. Build for tomorrow.

Gm.

CIP-25-26: Single Sided Staking & CTX Retroactive Airdrop Distribution has been passed by the Cryptex community with 429,000 CTX votes FOR.

The proposal has been queued and can be executed on Thursday, 15 February 2024 after 15:30:35 UTC.

Upon execution of this proposal:

Retroactive incentives of 50,000 CTX will be available for claim by community members and protocol delegates on record as of 10/1/2023.

70,000 CTX will be deployed to Single Sided Staking for a 3 month period.

Thank you.

Season 9 of ARB incentives are now live.

For the next two weeks, 50,000 ARB are available to Cryptex Pi system users.

Thank you.

Cryptex has successfully received the Pyth Retroactive Airdrop! Thank you Pyth Network!

These 100,000 PYTH tokens can now be utilized for anything in line with the Cryptex DAOs core mission.

This decision is 100% in the hands of the Cryptex community.

All community members and protocol delegates can track the PYTH airdrop wallet on the Solana Network here:

iKovgnWZqcAgjQ7Y1FaHZbhjZYzCiWARb9V93F9KHf1

Next steps:

1. Community members and protocol delegates discuss the intended use case of these tokens.

2. A snapshot is created by the community to vote on said use case of these tokens.

3. An on chain vote can commence.

Thank you!

Proposals CIP 25-26: SSS and retroactive incentives have now been executed.

For CIP 25:

70,000 CTX have been deployed to Single Sided Staking for the next 3 month period, ending on Thursday, 16 May 2024 15:46:23 UTC

For CIP 26:

All community members have 84 days to claim 50,000 CTX retroactive incentives, with unclaimed incentives returning to the Cryptex DAO Treasury.


For community members looking to claim these retroactive incentives:

1. Go to https://app.cryptex.finance

2. Make sure you are set to the Ethereum network

3. Review the banner. It will tell you if you are eligible to claim retroactive incentives based on historic delegate/ voting participation as of 10/1/2023 snapshot.

4. Claim

The Cryptex DAO thanks all protocol delegates and community members active in on chain governance and for creating this community led incentive proposal.

Cryptex Pi System Update:

👾 13 Markets

👾 21.10M+ System Liquidity


👾 1.14M+ Total Open Interest

👾 Stay Tuned 👀

Congratulations to Ari Juels on the release of The Oracle.

Decentralized oracle networks represent the ability to bring real world data on chain in a secure and trustless way.

Thrilled Cryptex will be one of the first protocols to integrate chainlink low latency price feeds!

Limits and Stops.

Now live on Cryptex Pi.

👾 This functionality begins with standard on-chain transaction submission and validation.

👾 For executing stop and limit transactions, system keepers then extract off-chain data, reviewing order criteria for on-chain matching.

👾 Keepers execute the transaction when the user conditions are met.

👾 This new transaction functionality is marked BETA.

👾 System users can review the relevant codebase for this feature at the following GitHub repository:

https://github.com/equilibria-xyz/perennial-v2-keepers/blob/main/src/listeners/orderListener/orderListener.ts.

Thank you.

Cryptex Pi System Update:

👾 13 Markets

👾 $25.41M+ System Liquidity

👾 $643.02K+ Open Interest

👾 Thank you.