May 2025 Report

Overview:This is a rolling monthly report that covers data from the month of MayFinancial Performance (PnL):

  • Total Volume: $375,531,932

  • TVL change: + $606,783

  • Total fees Earned: $320,150 total fees accrued in USDC,

  • Fees paid to LP: $226,210

  • Protocol-retained revenue: Approximately $93,940

  • FLP Performance FLP1 = + 17.25%

Protocol Metrics:

  • New wallets on the platform: 1,431

  • Total Liquidation Volume: $10,204,889

  • Largest Spike in Liquidation: 10th May $1,095,920

  • Trading behavior insights:

    • Significant increase in EURO/USDC trading volume

    • Strong directional bias for JTO Short

  • Bugs and Other Improvements:

    • Improved Mobile memory issue. (Should be a lot faster to use on mobile)

    • Improved execution of TP and SL to be of exact price. Should be much better in hitting TP SL.

    • Made USDC as default of closing of positions

    • sFLP now earns VP continuously and not just on claiming rewards

  • New Features & Integrations

    • Completed third audit from Offside Labs

    • Added FLP on Sandglass for Yield Trading

    • Listed FLP on Loopscale for Leverage Looping

    • Bitget Wallet integration

    • Added Staking Leaderboard and VP Breakdown

    • PNL Tab added on trade page

FAF:

  • $FAF currently staked = 532,975,617.883 FAF

  • Proposal 01 : Passed in Favour of 50% Revenue Share

Roadmap

  • Current development priorities

    • Margin Engine V2 (Shown at Solana Summit)

    • RWA Listings such as OIL and SPX

    • Revamped onboarding experience (privy)

    • UI revamp with major improvements

  • Features or improvements coming up next

    • Magic Block (in works with weekly syncs)

    • Chart improvement on mobile and desktop

    • Chainlink oracle as backup (still discussing)

    • Volmex finance’s indices based perps (BVIV, SVIV, etc) (finalising steps)

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