Been a long ride, but @rakka_sol just keeps shipping nonstop with @omnipair. And as perpdexes gain more mindshare day after day, it feels like a no-brainer that a protocol letting you trade any token with leverage will rip too
For those who don’t know, with @omnipair you can trade, borrow, and leverage any token permissionlessly (similar to $FLUID, which is currently sitting at ~$600M mcap)
So yeah, happy new $OMFG ATH (and don’t forget mainnet goes live in a few weeks)
Futarchy mode
Presalers are out, time for new highs on $OMFG @omnipair
I’ll be honest, I thought this one was over, but the dev quit his previous job and is now full-time locked in, building and focused on @omnipair
For those who don’t know, OmniPair is a new DeFi primitive that enables permissionless lending and leveraged trading for any asset on Solana, without relying on external oracles
It’s powered by a Generalized Automated Market Maker (GAMM), which combines constant-product AMM functionality with isolated lending logic
This means a single pool can support both spot trading and margin borrowing, without centralized risk configs or oracles. Think of it as a cross between an AMM and a lending market, but for everything that isn’t listed on Aave
OmniPair also has a two-layered governance model:
1⃣ Futarchy proposals - open markets where anyone can participate with USDC, steering protocol decisions through incentives.
2⃣ Vote-based governance - reserved for OMFG holders, acting as a regulatory layer for protocol-level settings.
It’s still early, with plenty left to build, but @rakka_sol is grinding nonstop to get things running...
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