September 2025 Report

Overview:

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

Financial Performance (PnL):

• Total Volume: $790,670,000

• Total fees Earned: $554,612

• Fees paid to LP: $4,36,325.92

• Protocol Revenue: Approximately $1,18,286

• FAF Stakers Revenue: 59,143.04

• FLP Performance

  • FLP.1 = + 0.2% (Pool PNL $509,455.45)

  • FLP.3 = + 0.1% (Pool PNL = +$25,080)

Protocol Metrics:

• New wallets on the platform: 645

• Trading behavior insights:

  • Huge uptick in volume on Gold and Silver

  • Heavy month of Liquidation with multiple days of more than $3 million + daily liquidations. Sept 14 and 15 back to back and then Sept 22

  

  • SOL still remain the dominant asset with respect to volume on Pool.1, followed by JTO for pool 3 and PUMP for pool 4

• Bugs and Other Improvements:

  • Reworked Add/Remove Liquidity fees

  • Fixed Auto scaling of charts

  • Showing market closed timings on earn page

  • Fixed Solflare Mobile performance

  • Fixed fee beak-down on closed position

  • Improved trade history fetching endpoint, should be faster now

• New Features & Integrations

  • Integrated FLP.1 on Kamino

  • Rebranded to a fresh modern look

  • Added FLP.1-JLP liquidity on Kamino and VP points for it

  • Started Trade Wars Season 2

  • Added new onboarding flow with Privy

  • Turned on Fee switch on Pool 4,5 and 7

  • Did major rework of the backend design to be mobile friendly for mobile wallets

FAF:

• $FAF currently staked = 643,440,000 FAF

• • 10 million FAF distributed as Staking Epoch 4 rewards

• Proposal 02 : Under works

Roadmap

• Current development priorities

  • Reworking of crude oil price feed

  • Getting new price provider for 24x5 equities and premarkets

  • Day 1 listing of new tokens

  • Chart Trading integration

  • Margin Engine V2