Come on, come on! @Solana_zh 💰💰💰 I'm here to give you money again! (Please take a detour to the studio, don't come to share our cake) 🔔 Friends who used to play solanaID with me now have benefits! 💹 Up to $400 is given to you ✈️ for free 🔔 Let me formally introduce you to the Adrena @AdrenaProtocol 🛜 In the world of DeFi, derivatives trading is becoming the next flashpoint. 🌀 Adrena, on the other hand, is one of the most noteworthy decentralized contract trading platforms in the Solana ecosystem. 💪 Not only does it break the monopoly of the traditional CEX model, but it also reimagines the trading experience in a fairer and more efficient way. ❌ You must know that if you open a 10U 100x contract on the exchange, usually, your profit is not enough to cover your handling fee. ✅ But now that you have Adena, that's about to change! ✅ Break the barrier of high fees on centralized exchanges! It's cool to think about! ❌ You know, the year I played the contract, the estimated fee was hundreds of thousands of dollars! The fees of centralized exchanges eat people! Proceed from the topic: 📌 1. What is Adrena? Adrena is a contract trading DEX (decentralized exchange) built on Solana that allows users to trade on leverage (e.g., long/short) while retaining the benefits of on-chain transparency and no custodial funds. Compared to traditional centralized exchanges (CEXs), Adrena has the following three core features: The user has full control over the assets, and the wallet is the account All transaction records are available on-chain and transparent No registration, KYC, truly "Permissionless" ⚙️ 2. Core mechanism: vAMM + LP pool model Adrena uses a GMX-like mechanism to price through a virtual automated market maker (vAMM) while using an LP pool as a counterparty. In other words: Traders place orders through vAMMs LP pools act as liquidity providers to hedge traders' positions The system dynamically adjusts the allocation of funds based on the profit and loss of the position This design guarantees high liquidity and low slippage, and can effectively cope with large transaction demands. 🧠 3. Why did Adrena choose Solana? Solana's advantages are: High concurrency (supports thousands of TPS) Extremely low fees (only about $0.0001 per transaction) Fast block generation (block time only 400 milliseconds) This makes contract trading on Adrena almost "silky" and suitable for high-frequency or strategic traders. In addition, the deployment of Adrena fully benefits from Solana's high performance, making contract execution more accurate and stable. 💥 Fourth, the function at a glance High Leverage Support: Support up to 50x leverage trading to meet users with different risk appetites. Chain limit order: Users can set limit orders, which will be automatically executed when the price reaches the set range. Composability: Adrena contract components are designed to support external protocol integration, such as automation policies, aggregators, and more. Simple user interface: The operation interface is modeled after CEX, which makes it easy to get started and reduces user learning costs. Community governance has been launched: $ADX Modules such as token incentives and governance voting allow the community to participate in the development of the platform. 🧩 5. Who should use Adrena? Friends who want to try futures trading, but don't want to pay high fees, DeFi users who love Solana Strategy traders, who like to enter and exit at high frequencies Looking to get involved in early-stage projects and find the hunter for the next GMX ‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️ 🌱 Let's take a look at the current trading rewards from Adrena 🔰 Sponsored by BONK and JITO! Choose your team's Mutagonist rewards! ‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️ ✳️ Let's start with the collaboration between Adrena and @solanaidentity, giving away 1-10 mutagens! OMG！ ❇️ The current price of mutagens is estimated to be about $50 per mutagenate! solanaID's NFTs are so cool! ✳️ Of course, at present, you can get close to 1.5 mutagens by trading 1M of contract trading! Rankings and values are shown in the chart! I'm talking about the BONK team! At the moment, if you choose JITO TEAM, the price of your mutagen seems to be a bit higher? There are 64 days left in the season! --------- Say you don't want to trade? OK, that's okay! We have $ADX staking! Earn by lying down! (See photo) In conclusion, this is really a good project! Let's work together for a decentralized world!