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Loracle Calls Out Robinhood CEO: Urges Market Maker Coordination to Boost PONS/USDG Liquidity

OdailyOdaily

Odaily News: Loracle posted on X platform calling out Robinhood CEO Vlad Tenev, hoping he would coordinate market makers to increase liquidity for the PONS/USDG market on Lighter.

Previously, Loracle had built a related trading Vault based on Lighter and executed trades through an off-chain Keeper. Loracle stated that since the current market is quickly approaching its set safety OI limit, the Vault will gradually build positions in the future.

According to Hyperbot data, Loracle currently holds approximately 27.75 million PONS 3x short positions, with a position value of about $21.77 million and an unrealized loss exceeding $3.3 million.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.