Post

@Cbb0fe @tradexyz x.com/i/grok/share/f12a2428a1f…

@Cbb0fe @tradexyz this compares derivs to spot. obv spot fees (at ibkr) are higher try derivs vs derivs (tradexyz vs cme)

@Cbb0fe @tradexyz so the play is volume over margin if they keep fees this low they dont need to turn it off

@Cbb0fe @tradexyz so the play is volume over margins if growth mode sticks around that fee gap only gets wider

@Cbb0fe @tradexyz crazy good

@Cbb0fe @tradexyz growth mode is the cheat code

@Cbb0fe @tradexyz how does the fee comparison break down per share or per trade? ibkr has some pretty low tiers depending on volume

@Cbb0fe @tradexyz This is perp vs spot, no? If you're comparing with spot, add 5-12% funding fees on HL that's gonna be there for most assets

@Cbb0fe @tradexyz Comparing derivatives to spot lol Tradexyz is around 2-3x more expensive

@Cbb0fe @tradexyz still confident they airdrop? or is it more a HYPE S3 airdrop play?

@Cbb0fe @tradexyz growth mode wins if volume keeps stacking, low fees bring the pie

@Cbb0fe @tradexyz seems like the move if the goal is to make the traditional platforms look expensive by comparison x.com/sndcapp/status/208351201…

@Cbb0fe @tradexyz There's a non-zero chance that Growth Mode eventually evolves into Normal Mode, while the next major growth driver becomes official tokenized spot markets.

@Cbb0fe @tradexyz I’m really amazed IBKR is that cheap, they got hundred x more compliance overhead

@Cbb0fe @tradexyz Why would compare fees for two different instruments?

@Cbb0fe @tradexyz 🎯

@Cbb0fe @tradexyz gonna be very interesting upcoming months

@Cbb0fe @tradexyz what about including funding rates

@Cbb0fe @tradexyz ok what does that mean to a non whale

@Cbb0fe @tradexyz extremely impressive

@Cbb0fe @tradexyz Not much difference if you factor in smart contract risk due to which you can lose it all on @tradexyz

@Cbb0fe @janklimo @tradexyz only expect funding rates to compress as tokenized assets start to trade and we can run basis. curious if you guys have given lighter a shot lately? would be curious to get your feedback if so

@Cbb0fe @tradexyz "on fees"

@Cbb0fe @tradexyz Their fee structure is looking more attractive now, might have to consider switching

@Cbb0fe @tradexyz 5% fees? That seems really high

@Cbb0fe @tradexyz Nice! Does this include price impact / slippage / etc?

@Cbb0fe @tradexyz liquidity makes a big difference. trade xyz will still give you a way worse fill, and the effective spread you cross is >> fees for most stocks

@Cbb0fe @tradexyz ibkr pretty insane wtf

@Cbb0fe @tradexyz difference being the slippage on IBKR is penny

@Cbb0fe @tradexyz You MM in tradfi too? Nice

@Cbb0fe @tradexyz tradexyz fees competitive with IBKR. Growth mode stays.