@bencirc
Solana
Joined August 2018
I'm always really surprised by how companies lose money on @solana. As CEO of @Circular_fi, I'm led to speak with many companies across the ecosystem. Most of them create value with their transactions. They are either unaware of it or they are afraid of the monetization solutions currently offered by the market (they are right to be). After all these years analyzing arbitrage and speaking with them, two profiles stand out: - The first is the company that are unaware that there are ways to monetize a transaction. They create DeFi transactions but they do not have visibility into the impact a transaction can have. It's never just a simple transaction when you send it on a decentralized network. Your transaction has a real impact on the entire ecosystem and therefore can generate value through arbitrage. Here, my role is simple: educate them and help them understand why they can better monetize their transactions. - The second profile is the more complex one: companies that are fully aware of arbitrage, but do not want to arbitrage their users transactions. That is a noble position and I respect it. But what they do not realize is that with this position, they are not helping their users. They are penalizing them and literally making them lose money. The value created by their transactions will be captured by an external arbitrager anyway, that is a fact. Not wanting to arbitrage their own transactions means voluntarily letting their users money leak into the ecosystem, for free. If we push this thinking further: wouldn't it be more reasonable to capture this value and redistribute it to their own users as cashback? This money generated through arbitrage is not created out of thin air. It is a direct loss for the user caused by AMM inefficiencies. With our years of experience, our public image and our data, we decided a few months ago to create a Monetization Layer. Simple, healthy and transparent for companies. (0.0ms) We receive transactions. (0.1ms) Analyze them in real time. (0.5ms) If a transaction will destabilize the price of a token; we will send an arbitrage transaction who lands after the analyzed transaction. (1ms) We redistribute the majority of the profit directly to the company wallet during the execution of the arbitrage transaction. Then, it's up to the company to decide whether it wants to redistribute a part of this profit. Clear traceability is what makes Circular the first fully transparent Monetization Layer for companies. That is why they choose us. Accelerate.
🤖 Made with AI
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Faster than never 🤯
I don’t post much about AI 👾 For the past year, COLLAT Team and @Ferno_ag’s research team focused on one challenge: reading Solana’s full history at wire speed. Right now, indexing every USDC transaction takes ~30 days, even on a $3,000/month setup. Today, I’m happy to say we are releasing a new engine that runs 6x faster than standard reference infrastructure. What used to take a month for a full dataset now ships the same day. The very first model leveraging this breakthrough is coming directly to Collaterize V2, bringing the highest RWA yields on the internet directly to you. More very soon.
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The real question to ask is: What’s the incentive for FOMO to engage in sandwiching? Answer: Absolutely none. You’ve just discovered malicious orderflows, congrats. Sandwiches aren’t necessarily tied to a specific platform but rather to malicious validators. FOMO just needs a solution that protects its users from MEV through arbitrage and redistributes the lost value back to them. This reduces the number of sandwiches. That’s what our Monetization Layer at @Circular_fi does.
.@fomo MEV attacker eating good... doing sandwich attacks consistently on an L2 is INSANE!!! someone has access to FOMO/Relay's private data...
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Are you telling me that all data apps that track the "Finalized" state on @solana will soon be faster? 🤯
The Alpenglow feature gate activates on devnet today. Feature gate flips at epoch 1167, ~19:40 UTC Friday Sept 25, starting a 5,000 slot countdown. ~17 minutes later, Alpenglow takes over. App developers, get ready to test your programs with 150ms finality.
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Solana changed my life man
Solana changed my life man
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While attending the @Solana Summit Canada organized by @SuperteamCAN, one of the main topics that came up in conversations with people was preconfs. Not everyone understands what a preconf is yet; and those who do have immediately seen the power of this new type of infrastructure. Preconf is simple: you can receive transactions from a block 5 to 50 ms ahead of other traders. For a typical trader using a front-end, this is negligible; for an HFT trader, it's an edge that can't be ignored. That's why we're working hard to provide preconf to our users and give them an edge over the rest of the market. A major update to our coverage is coming very soon. Enjoy our edge. Circular Preconfs.
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You should maybe first stopping the mass extraction of your users through MEV/arbitrage and redistributing that value to them in the form of cashback/rebates. That’s what we propose with our Monetization Layer.
pumpfun currently has: - the lowest post-bonding platform fees out of any relevant launchpad - 0% fee social trading app (with 0.1% fees for crosschain trades) - callout rewards ($11M paid out in under 6 weeks) - holder rewards ($8.5M paid out in under 2 weeks) - referrals (new) as we enter our second cycle, our goal is to position the pumpfun ecosystem for success at a scale much larger than the first cycle. to accomplish this, we need to make sure token communities can thrive by incentivizing holding for longer, retail traders get the most competitive fees, and liquidity is optimized - all of which we're laser-focused on delivering. Sent from my Pumpfun App
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First time in Toronto, It's going to be 2 crazy days at Solana Summit Canada organized by @SuperteamCAN 🔥 SUMMIT.
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You're wondering what a Preconf is on @solana? It's pretty simple to understand, let's take F1 as an example: - RPC: Watching a replay of an F1 race is like making a call to an RPC - Shreds: It's like watching the race on TV, it's live but with a slight delay - Preconfs: You're driving the F1 car and seeing everything in real time. Come drive your F1 car with Circular Preconf and watch the market in real time.
People think F1 is just a driver who gets behind the wheel and laps the track... The truth is that the driver accounts for 10–20% of the performance, no more. F1 is a competition among engineers, not drivers. This is Solana. F1 chain.
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People think F1 is just a driver who gets behind the wheel and laps the track... The truth is that the driver accounts for 10–20% of the performance, no more. F1 is a competition among engineers, not drivers. This is Solana. F1 chain.
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To continue our consistent improvement of Circular Preconfs, we've just increased the number of filterable accounts/signers! You can now filter up to 3,072 addresses. Lock-in on improvements and user feedback. Enjoy our 5 to 50ms edge on shreds 🫡
Listening to your users is the most important thing, especially when it comes to highly technical products like Preconf on @solana. We received a lot of feedback when we launched Circular Preconf a few days ago, most of which was very positive. The two main pieces of feedback we received were: - More filters to precisely identify the signals we want to process. - More coverage to get that edge more often. Here’s how we responded to this feedback: Filters: By combining all the feedback, several very important filters stood out: - Regions Currently, you can connect to only one region at a time, so if you want traffic from all regions, you have to maintain multiple connections... that’s no longer the case. You can now directly specify the regions you want to connect to: “regions”: [“FRA”, “AMS”, “NY”] - Signers Some of our users have a real need to filter by signers and not just by account, since certain wallets spam the chain with fake transactions to mislead bots. This is now possible: “signerInclude”: [], “signerRequired”: [], “signerExclude”: [] - Lookups For certain use cases we hadn’t anticipated, you might not want to enable lookup decoding. You can now specify whether you want lookups to be decoded: “useLookupTables”: true Coverage: We are currently actively building partnerships with other Preconf providers to increase the coverage of our Preconf. According to our users: “Circular Preconf is fast, even really fast! But we want more coverage so we can enjoy this speed across more validators and transactions”. We’ve already begun discussions with the largest providers in the ecosystem to bring you the best possible coverage guys 🫡 Thanks again for your support and feedback. PRECONF.
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Listening to your users is the most important thing, especially when it comes to highly technical products like Preconf on @solana. We received a lot of feedback when we launched Circular Preconf a few days ago, most of which was very positive. The two main pieces of feedback we received were: - More filters to precisely identify the signals we want to process. - More coverage to get that edge more often. Here’s how we responded to this feedback: Filters: By combining all the feedback, several very important filters stood out: - Regions Currently, you can connect to only one region at a time, so if you want traffic from all regions, you have to maintain multiple connections... that’s no longer the case. You can now directly specify the regions you want to connect to: “regions”: [“FRA”, “AMS”, “NY”] - Signers Some of our users have a real need to filter by signers and not just by account, since certain wallets spam the chain with fake transactions to mislead bots. This is now possible: “signerInclude”: [], “signerRequired”: [], “signerExclude”: [] - Lookups For certain use cases we hadn’t anticipated, you might not want to enable lookup decoding. You can now specify whether you want lookups to be decoded: “useLookupTables”: true Coverage: We are currently actively building partnerships with other Preconf providers to increase the coverage of our Preconf. According to our users: “Circular Preconf is fast, even really fast! But we want more coverage so we can enjoy this speed across more validators and transactions”. We’ve already begun discussions with the largest providers in the ecosystem to bring you the best possible coverage guys 🫡 Thanks again for your support and feedback. PRECONF.
🤖 Made with AI
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For those wondering about Circular Preconf... yes we support ALTs 🫡
Introducing Circular Preconf. A real-time stream of Solana transactions before confirmation. We're officially partnering with @Rakurai_io to distribute preconfirmations from their entire validator network through Circular. Built for searchers, trading systems and latency-sensitive infrastructure. Rakurai is our first network. More to come.
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US: Innovation Exemption EU: MICA I didn't spawn in the right region bruh
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Combining Circular Preconf with Fast is a cheat code on @solana. You can now receive trades transaction ahead of the shreds and use Fast to land your transactions in 0-slot... What an ecosystem we're building here🤯
The best 0-slot setup on @solana combines fast READ and fast WRITE. With Preconf available on @Circular_fi , your strategy can get an earlier signal and start reacting sooner. Fast handles the other side of the equation by pushing the response transaction toward the validator as efficiently as possible, with 0-slot landing as the target. Put both together and you get a cleaner execution stack for latency-sensitive strategies with Circular.fi Preconf for earlier detection.
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