GooseFX - April Update (2023)

As summer heats up, the GooseFX team is excited to bring you our latest monthly update. From the launch of our Perpetuals DEX on Solana to our devnet trading competition, we've had an eventful and successful month. Join us as we take a closer look at our achievements and what's to come. Let's get started!

Product Launch

In April, we launched our highly anticipated Perpetuals DEX platform on Solana, which is based on a CLOB (Central Limit Order Book) model. Our platform is designed to provide a CEX-like trading experience with superior customization options, 10x leverage, and order limits. We're proud to say that the launch was a huge success, with users praising the platform's user-friendly interface and advanced features.

To celebrate the launch of GooseFX Perpetuals DEX platform, we conducted a devnet trading competition with a prize pool of 3.5 billion $BONK tokens. The competition ran from March 22nd to April 6th, and we're thrilled to have had over 100+ traders on board with a cumulative volume of over $800,000+. We're grateful to everyone who participated and gave us valuable feedback to improve our platform further. Congratulations to all the winners of the competition, and we look forward to hosting more events in the future.

Plarform Tutorial

Tutorial GooseFX Perpetuals DEX - GooseFX Whitepaper

Welcome to the GooseFX Perpetuals DEX tutorial section! With step-by-step video guides on how to use our platform effectively.

GooseFX Whitepaper

We created a tutorial section on the GooseFX Perpetuals DEX platform to guide users on how to use it effectively. The tutorial includes step-by-step video guides on depositing devnet SOL and USDC, placing long and short orders, closing a position, and customizing the layout. Our tutorial section is designed to help users make the most of our platform and ensure that they have a seamless trading experience.

We also created a Devnet SOL Deposit Guide and Devnet USDC Deposit Guide to assist users in depositing devnet SOL and USDC into their wallets. Our tutorial section is a valuable resource for traders of all levels, and we encourage everyone to check it out.

Achievement

We're proud of the achievements we've made in April, and we're excited to share them with you. Our devnet trading competition was a resounding success, with over 100+ traders participating and a cumulative volume of over $800,000. We're thrilled with the response we received from our community and are grateful for their continued support.

We also received valuable feedback from our users, which we will use to improve our platform and products. At GooseFX, we're committed to providing our users with the best possible trading experience, and we're always looking for ways to improve.

Integrations

At GooseFX, we're always striving to provide our users with the best possible trading experience. That's why we're thrilled to announce our integration with Jupiter V2 swaps, which allows our users to access advanced routing across 20+ liquidity venues for better pricing on both large and small trades. With the help of our CLMM (concentrated liquidity market maker) pools, we're able to offer better routes and swaps on Solana via Jupiter V2, resulting in a better swap rate for our users. Jupiter V2 is a major upgrade to their routing engine, rewritten in Rust to take advantage of the speed of Solana, and we're excited to be integrated with their platform. This integration further cements our commitment to providing our users with the most advanced features and functionality available in the market

Interview with TIEXO

We had an exciting interview with the team TIEXO, where we discussed our Perpetuals DEX platform, Solana liquidity pools, and CLMM. Our interview with TIEXO is a valuable resource for anyone interested in learning more about our platform and products.

Blogs of the Month

We published two informative blogs in April - Sharpe Ratio and Bi-Weekly Market Update #4. Our blogs provide valuable insights into the world of DeFi and cryptocurrency markets, helping traders stay up-to-date with the latest trends and developments.

Bi-Weekly Market Update #4

This bi-weekly market update covers the period from Feb 20 to Mar 5, 2023. Bitcoin dropped 9.5%, while Ethereum fell 8% and Solana dropped 17%. Powell’s testimonies, NFP, and CPI are among the upcoming news. This blog also covers trading alpha to improve your trading.

GooseFXSam

Introduction to Sharpe Ratio

This blog introduces the Sharpe Ratio as a way to assess risk and reward in crypto. The blog also explains the components of the Sharpe Ratio and why it is important for investors to use when making investment decisions.

GooseFXSam

The Sharpe Ratio blog explores the concept of risk-adjusted return and explains how it can be used to evaluate investment opportunities.

In conclusion

GooseFX has had a successful and exciting month with the launch of the Perpetuals DEX on Solana and the devnet trading competition. Our team has been working hard to deliver a platform that provides a CEX-like trading experience with customization options. We're thrilled to see that our efforts are being recognized, with over 100+ traders and $800,000+ in cumulative volume in just the first week of the competition.

We're also proud to have been featured in an interview with team TIEXO and to have integrated with Jupiter V2 swaps. These achievements demonstrate our commitment to providing our users with the best possible trading experience and liquidity options.

As always, we value the feedback of our users and encourage them to participate in our devnet trading competition for a chance to win from a 3.5 BILLION $BONK token prize pool. We look forward to disrupting the future trading market on Solana with you. Stay tuned for more exciting updates from #GooseGang!

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Disclaimer: The statements, proposals, and details above are informational only, and subject to change. We are in early-stage development and may need to change dates, details, or the project as a whole based on the protocol, team, legal or regulatory needs, or due to developments of Solana/Serum. Nothing above should be construed as financial, legal, or investment advice.