Fulcrom - $FUL Unlocking 100x Gains for a Pro and Beginner Trader

$FUL goes unnoticed with more than 900k fees generated

Fact: 95% of all traders lose money

Here is how $FUL can increase your win rates and 100x your profits 🧵👇

🔷 Market Potential 🔷

Perp DEX category is one of the sectors I am bullish about and it one that is attractive regardless of market conditions.

The Perp DEX has a TVL of $2.6B and has been growing since the end of Oct.

@JamesCliffyz made a Dune dashboard for all the top DEX and this has been my go-to resource for some Perp DEX insights.

From the 2nd half of Oct, trading volume has been increasing, fees are increasing, and users are growing.

This sector is definitely growing.

$BTC has also been on an uptrend reaching ATH in 2023. It just broke the 35k levels.

So it’s a perfect time to find protocols building consistently on growing chains and one that piqued my interest is @FulcromFinance $FUL

I particularly like it for:

• Only at 700k MC

• Top Perp DEX on zkSync

• Circuit breaker features that bring full value retention to $FLP and traders

• Fun social aspects during trading

• Mobile friendly app for traders to trade on the go

🔷 About Fulcrom 🔷

@FulcromFinance is a decentralized perpetual exchange on @cronos_chain and @zksync that focuses on low fees, accurate pricing, transparency, and leveraged trading with user collateral stored on-chain.

• It follows a model similar to GMX’s liquidity pool $GLP

• Trades are initiated using user collateral and supported by a multi-asset liquidity pool known as the Fulcrom Liquidity Pool (FLP).

• The FLP earns fees from automated market making, swap fees, and leverage trading.

• Pricing is supported by price feeds from major exchanges as well as on-chain prices. This helps prevent manipulation and ensure accurate pricing.

• Cheapest trading fee of 0.07%

@FulcromFinance TVL and trading volume have seen a spike since late October. Along with market vocality, which directly benefits Fulcrom.

Since @FulcromFinance move onto @zksync in Sep, it become the top Perp DEX on @zksync

I like Fulcrom for its 2 core focus:

• Staying on top of regulatory requirements as social trading has some gray areas depending on jurisdiction.

• Social trading allows users to follow and copy trades of other experienced traders. Please don’t blindly follow without doing their own research.

  • Users - This is a good way for novice traders to learn from more experienced ones.

  • Protocol - Good to build community and interactions between traders on platform. Allow them to share insights, discuss markets, etc. This could improve engagement and create a positive community of traders.

🔷 Product features 🔷

Trade Square

With Trade Square, you can:

• Discover and follow the hottest traders right now, with leaderboards that showcase top talent.

• Analyze their stats and track record, so you can identify and learn from consistent winners.

• Mirror their trades in real-time to execute similar positions and capitalize on what's working.

• Build your personal brand as a savvy trader by climbing the ranks.

• Share, discuss and refine strategies with fellow traders in the community.

Circuit Breaker

Fulcrom Circuit Breaker aims to temporarily halt trading during volatility to protect users against significant losses and irrational trading decisions.

• It will pause trading activity and prevent new orders when triggered by:

  • A 20%+ price drop in a token within 5 minutes

  • An imbalanced short-to-long open interest ratio above 2 for major tokens

• When triggered, all trading will be paused for 15 minutes. Users can close positions but not open new ones. This can be manually overridden if more time is needed.

• There are 2 benefits I see:

  • Traders - It benefits traders by allowing them time to re-evaluate strategies during volatility.

  • $FLP holders - It benefits FLP holders by stabilizing FLP status and preventing liquidity loss.

x100 Leverage

Fulcrom offer traders up to 100x leverage

🔷 Fulcrom Evolution 🔷

Fulcrom seems to have gained significant traction already as a new Perp DEX platform on @zksync.

They started on @cronos_chain with backing from @cronos_labs and a focus on leveraged trading for professional traders. The growth to zkSync could further increase adoption.

• Its a perp DEX launched in early 2023 on Cronos Chain. It quickly became the leading perpetual exchange on Cronos.

• It was a top 10 protocol by TVL on Cronos.

• As of Oct 2023, Fulcrom had surpassed $500 million in trading volume, demonstrating strong growth and adoption in a short period of time.

• Fulcrom started on Cronos Chain and is now expanding to zkSync and has eyes to be a multi-chain perpetual exchange.

🔷 Highlights 🔷

Fulcrom have more than $100k of $FUL to be won when you participate in trading and interact with their partners.

Some DMs have told me its a no brainer to $BTC at 35k with LEVERAGE.

But I’d say trade with caution and with the circuit breaker feature in place, there is some level of protection in place.

🔷 Conclusion 🔷

In conclusion, Fulcrom Finance shows strong potential as an emerging player in the growing Perp DEX sector. It is expanding to become a multi-chain decentralized perpetual exchange, starting on Cronos Chain and now launching on zkSync as well.

Fulcrom has seen impressive growth in trading volume and adoption in a short period, already surpassing $500 million volume since its launch in early 2023. Its focus on low fees, transparency, leveraged trading and innovative features like social trading, circuit breakers for volatility protection make it attractive.

As the Perp DEX market continues expanding, Fulcrom is well-positioned through its multi-chain approach, robust growth and differentiated features. However, appropriate caution is still advised for traders using leverage. With prudent trading practices, Fulcrom presents a compelling new option in the Perp DEX landscape.

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Twitter: https://twitter.com/arndxt_xo/status/1724382355987861867