2026-01-11 10:20:49

The derivatives track has recently seen new developments. Walrus Protocol uses a dual pool model combined with a dynamic fee mechanism, addressing old issues in traditional derivatives protocols—slippage soaring and concerns over capital utilization. These problems are finally being seriously tackled.

From a product design perspective, supporting multi-chain asset leverage trading is the right direction. The fast onboarding process without KYC lowers participation barriers, and real-time adjustment of position safety thresholds in risk management makes it more friendly to beginners.

The ecosystem token $WAL serves more than just governance voting. According to its design logic, it can also participate in protocol fee dividends, providing a tangible economic incentive for long-term holders. In the context of increasing competition in the derivatives sector, such differentiated mechanisms are indeed worth paying attention to.

The derivatives track is still rapidly iterating. For those interested in exploring this area, understanding the actual mechanisms and progress of new projects is definitely better than regretting it later.

WAL2,39%

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MemeTokenGenius

· 01-14 08:25

The dual pool + dynamic fee rate combination indeed has some substance. Slippage issues have always been a tough nut to crack; someone has to take on this challenge. I like the move of removing KYC thresholds, but real-time risk management adjustments... can newbies really hold up? Mindset is still the biggest pitfall. The $WAL dividend design really hits the mark; it's much more interesting than pure governance tokens. At least holders can see tangible returns. The derivatives track is now a race for armament; whoever implements the more aggressive differentiation mechanism wins. I am optimistic about this direction. --- Just got started and it feels pretty good, smoother than I expected. Just not sure how long it will stay popular. --- Another new project trying to fill a gap. Why does it seem like there are endless problems to solve in this track? --- Multi-chain leverage definitely needs someone to develop it. Long-term, it's worth paying attention to. --- The dual pool model sounds complicated, but how much can it actually be simplified in practice? That’s the key.

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NonFungibleDegen

· 01-11 10:50

ngl the dual pool thing sounds bullish but i've heard this story before... watch it get rekt in week 2 when someone finds the exploit lmao. fee sharing on $WAL tho? that's actually the move ser

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GasSavingMaster

· 01-11 10:46

The dual-pool model sounds good, but I'm worried it's just paper effort and still gets bottlenecked in practice. WAL's transaction fee dividends are somewhat interesting, definitely better than those airdrop scams that only cut the leeks. But the derivatives space has too many pitfalls. I think I'll observe for now before jumping in. This track is really iterating too quickly. Sometimes it feels like the constant emergence of new projects indicates unresolved issues. Not having KYC sounds great, but risk control hasn't been truly tested in real scenarios. Who knows if it will work?

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alpha_leaker

· 01-11 10:45

The dual pool model sounds good, but can slippage really be completely solved, or is it just another overpackaging? The WAL fee dividend is interesting; it's finally not just an air governance token. This iteration of derivatives definitely put some thought into it compared to previous projects, but whether it can withstand market fluctuations after launch is the key. Another project without KYC, has a security audit been completed? Multi-chain leveraged trading is the right direction, but I'm worried about insufficient liquidity causing it to perform poorly like some other projects. Have you experienced it? Will the actual use just be another set of fancy PPT slides?

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MergeConflict

· 01-11 10:32

The dual pool model sounds good, but can the slippage problem really be completely solved? Or is it just a new term for the same old story? I feel that $WAL's fee sharing mechanism is the real core attraction of this project; everything else is pretty standard. Not having KYC is definitely refreshing, but is that risk management approach really reliable? Has it been tested in live trading? The derivatives track is heating up; who can survive until the end is the key... Honestly, dynamic fee rates seem to be something every new project wants to try, but only a few can truly optimize the user experience. Multi-chain support is basic operation now; the key is whether the liquidity is deep enough. I've heard too many times "we've solved the slippage issue," but it always turns out the same. How Walrus performs this time depends on the data.

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