IMO I'm surprised that people aren't talking about @Nemesisdottrade token launch this weekend
In crypto today, you can buy almost anything
But you canât easily bet against it
Nemesis fixes that
(Also I see @MichaelandMa backing a project and I click follow)
1/
-TL;DR-
Nemesis is a new DEX that introduces Omni-directional Market Maker (OMM). You can swap, short and MM in in a single liquidity pool
WITHOUT derivatives or centralized infra
2/
-Context-
Right now itâs fragmented:
âąSwaps â Uniswap
âąShorts â Binance, dYdX, GMX (only the pairs they list)
âąMarket making â behind closed doors
One system for one thing. Liquidity scattered everywhere.
3/
-The Problem-
Derivatives run the show for shorting.
âąTheyâre synthetic bets, not real tokens
âąThey rely on centralized infra (liquidation engines, oracles, custodians)
âąOnly a curated set of tokens get markets (ie waiting for $HYPE to list)
You can't short everything
4/
-The Solution-
Nemesis changes the game with the Omni-directional Market Maker (OMM).
One pool that powers:
- Swaps
- Shorting
- Market making
All permissionless and all onchain
5/
-How it works-
Nemesis doesn't spin up synthetic contracts like perps
The liquidity pool itself IS the counterparty.
When you short, you sell directly into the pool.
- The math (AMMs + bonding curves) keeps it balanced.
- LPs earn from all activity: swaps, shorts, market making.
6/
-How it's different-
So instead of needing:
- A perp contract
- A lending market
- A centralized liquidation engine
itâs all baked into one pool: the Omni-directional Market Maker (OMM).
7/
-Why you should care-
- Capital efficiency â LPs earn more from one pool.
- Accessibility â Traders can short any token, even memes.
- Resilience â Fully onchain, no CEX gatekeepers.
8/
-The sale-
There will soon be a 2,100 limited edition NFT collection
Each ticket is your key to the $NEMESIS whitelist (0.05 ETH allocation)
at a $420k valuatiuon
also i see @MichaelandMa backing this with @districtxyz so I like
9/
2.2K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.