oolong

🍵 OOLONG TRADING COMPETITION IS LIVE! Starts today, Oct 28, 12:00 UTC Ends Nov 4, 12:00 UTC Trade BTC, ETH, BNB, XRP and SOL on oolong.trade. The trader who wins the most ETH takes first place. One trade or a hundred, only the result counts. 🏆 Prize pool: [1.2 ETH] Top 10 by PnL Top 3 by ROI, for smaller wallets that trade smart Free to join. No sign-up, just trade. Live leaderboard: oolong.trade/competition Leverage is risky, you can lose your whole margin. Not financial advice.

Shorting BTC on Oolong.

Why we think Oolong is the best perp DEX on Robinhood Chain The vault works like a snowball. The vault liquidity is locked forever, so the pool only grows. Bigger pool, bigger max trade. Bigger trades, more fees into the pool. And so on. We’re at $8.13M volume already and it keeps rolling. The token has two pools and both have their starting liquidity locked forever. When someone dumps, the pools hold each other up. Liquidity is small for now, but it’s already working. And every bit of ETH that comes into the protocol buys and burns OOLONG. 2.06M burned so far. Opens and closes are built for Robinhood Chain. Your trade fills at a price nobody knows yet. So there’s nothing for a bot to front-run and no way to drain the vault. That’s the whole idea. Everything else is just trading. oolong.trade

Oolong Trading Competition, day 1🫵🫵🫵 516 trades counted, 7 traders on the board already Top P&L right now: +$56.79 from just 8 trades, 88% win rate Top ROI: +123% from a single trade with 100% win rate 1.2 ETH in prizes: top 10 by P&L, top 3 by ROI. 1st place takes 0.3 ETH. No minimum trades, no minimum size. One good trade can put you on the ROI board. Runs until Nov 4, 12:00 UTC. oolong.trade/competition

BTC Long 1000×: +$69.12 (+197.4%) on Oolong oolong.trade

Day 4 stats on Oolong Total volume $7.45M, $1.72M of it today 1,246 trades from 42 traders Open interest $44.7K LP pool $53.7K, +0.50% in 30 days, APR +45.6% Paid to losers $256.58 in OOLONG Burned 2.06M OOLONG

we’ve been quietly testing. the results? better than we expected. seems like we’re not the only ones seeing the potential. 🍵

Oolong, day 3 🍵 $4.61M total volume, $2.42M of it today 782 trades $69.7K open interest LP pool at $54.2K and in profit 1.92M OOLONG burned 73.8K OOLONG paid out to losing traders Volume more than doubled since yesterday! Trading competition is live. The most ETH won takes first place. oolong.trade

Dear Tea lovers! 🍵 Our Uniswap liquidity is still thin, so a solid trade there can move the price by 10% or more and trigger arbitrage bots. So we built a router that buys and sells on both pools at the same time, Uniswap and the OolongAMM pool, in one transaction. It splits your trade for the best total price and saves a lot on slippage. Consider using it for big trades: oolong.trade/token

We see a slow but steady increase in daily trading activity on our protocol. The liquidity pool is growing, and trading volume is up to 50% higher. The burn machine has already burned 1.86M OOLONG. Not bad for day 3.

Why OOLONG has a second pool OOLONG trades in two places: the Uniswap v4 pool and our own pool right on oolong.trade/token Why the second one: It belongs to the protocol. The 3% swap fee stays inside and goes back into the pool’s liquidity, so it gets deeper over time. It powers the protocol. Tokens for losses and the buyback are bought here, in the same transaction. Two pools means two prices. When one moves, the other catches up. And it’s open to everyone. Check both before you swap. If the price is better on oolong.trade/token , buy or sell right there with ETH. No router, no extra steps. Both pools are locked FOREVER

$906.9K traded on Oolong today 🍵 $2.15M total. 1.81M OOLONG burned 🔥 Oolong.trade BIG things are coming!

loss payouts on Oolong are now 10% 🍵 was 7%. lose a trade and 10% of the loss buys OOLONG for you at market, straight to your wallet big if true. it is true, check the contract

the only perps on Robinhood Chain where losing still pays you 🍵 1000x, Chainlink prices, every loss buys OOLONG for the trader, fees go to lockers and burns, LP burned, code open $1.6M volume in 2 days. Oolong.trade

day 2 on Oolong: $366.8K volume today, $1.61M total 83 liquidations, all paid back in OOLONG 1.74M OOLONG burned 🔥 $53.8K pool waiting for your trade 1000x on BTC, ETH, BNB, XRP, SOL Oolong.trade 🍵 Built on Robinhood Chain

Oolong so far 🍵 $1.38M volume 123 trades from 22 traders $50K in the LP pool 1.58M OOLONG burned ($1,427 buyback) 33K OOLONG bought for traders who lost and it's only day two