#explainer
18 posts
tax implications and perp trading flow: a stock trader's framing
general framing on how perp trading flow differs from stock-and-options tax workflow — cost basis, settlement, on-chain records. education only, not tax advice.
what is the meme page economy
meme page economy explained: how anonymous IG and X meme accounts became one of the most monetizable distribution layers in crypto, and what the business model is.
what is an on-chain perp vs a cex perp
on-chain perp vs cex perp compared: custody, transparency, fees, leverage, latency, and which one is the right tool for which kind of trader.
what is avantis, the perp venue behind uponly.win
avantis explained: how the perp dex on base works, where the liquidity comes from, what makes its architecture unique, and why uponly.win routes trades there.
what is base the l2 and why perps live there
base explained: what coinbase's layer 2 actually is, how it inherits ethereum security, why it became the home for consumer crypto, and why perps live there.
what is a gasless transaction and how paymasters work
gasless transactions explained: how paymasters sponsor gas, why ETH is no longer required to use crypto apps, and what the trade-offs of gas sponsorship are.
perps as a zero-theta leverage vehicle: an options trader's framing
an options trader's mental model for perpetual futures as a zero-theta leverage vehicle — no decay, no expiry, just directional leverage with funding.
what is a smart wallet and why it matters for perp trading
smart wallets explained: how account abstraction works, why smart wallets replace seed phrases with passkeys, and what they unlock for one-tap perp trading.
what is a zero-fee perp and does it actually exist
zero-fee perps explained: what "zero fee" actually means, where the costs are really hidden, and which venues genuinely charge nothing on opens or losses.
Betting line movement vs funding rate, explained
Sportsbook line movement and perp funding rate are doing similar jobs — pricing market positioning. Here is how they differ.
what is a funding rate in perps
funding rate explained: what it is, why perps need it, how the math works, when you pay and when you receive, and how funding affects long-held positions.
rekt.money how it works and what to watch out for
a structural explainer on rekt.money — how arcade perps work, what to watch for in the fine print, and how uponly.win's no-house model compares.
what is liquidation in perp trading
liquidation explained: what actually happens when you get liquidated on a perp, how the liquidation price is calculated, what triggers it, and how to avoid it.
casino house edge vs perp dex fees, explained
casino house edge vs perp dex fees — what each actually costs you, how they compound, and why uponly.win charges nothing on losing trades.
daily.fun: how it works and the tradeoffs
How daily.fun works under the hood, the design choices behind the once-a-day loop, and the tradeoffs versus a one-tap perps arcade like uponly.win.
what is max leverage trading
max leverage trading explained: what 100x, 250x, and 500x actually mean, how the math works, when it makes sense, and when it is just expensive entertainment.
hit.one how it works, explained for new players
hit.one explained from scratch for new players: what the arcade does, how trades settle, what the house model means, and how it compares to uponly.win.
what is a perpetual future, explained for degens
perpetual futures explained in plain english: how perps actually work, why they never expire, how funding rates keep them honest, and where to trade them on-chain.