August 2025 Report

Overview:

This is a rolling monthly report that covers data from the month of August

Financial Performance (PnL):

• Total Volume: $1,005,000,000 (+160% month over month)

• TVL change: + $7,470,000*

• Total fees Earned: $578,215 total fees accrued in USDC (+104% month over month)

• Fees paid to LP: $428,172 (+346.32% month over month)

• Protocol Revenue: Approximately $150,043 (+105% month over month)

• FLP Performance

  • FLP1 = + 8.2% (Pool PNL $509,455.45)

Protocol Metrics:

• New wallets on the platform: 881

• Trading behavior insights:

  • Uptick in PUMP Short OI on Pool4

  • Pool 2 Dominated with EURO Short Position

• Bugs and Other Improvements:

  • Improved chart auto scaling on charts

  • Reworked the sharing of pnl cards and added it to TP and SL orders

  • Can share PNL cards for past trades

  • Improved mobile performance and addressed heating issue

• New Features & Integrations

  • Added total revenue claimed metric on earn page

  • Added liquidation price simulation before opening a trade

  • Added the leaderboard history to look back on past epoch rankings

  • Added new Turbo Mode which provides huge improvement to transaction speed

  • Added button to full close your open positions in one click

  • Added ability to deposit and withdraw from your earn page portfolio tab

  • Added limit order and liquidation lines on chart while simulating positions

FAF:

• $FAF currently staked = 692,470,000 FAF

• • 10 million FAF distributed as Staking Epoch 4 rewards

• Proposal 02 : Under works

• Buyback of FAF for future protocol incentives

Roadmap

• Current development priorities

  • Listing of DXY and SPX

  • Kamino Integration

  • Margin Engine V2

  • More Listings

  • Revamped onboarding experience