Loracle Calls on Robinhood CEO to Coordinate Market Makers to Increase PONS/USDG Liquidity
Loracle posted on the X platform calling on Robinhood CEO Vlad Tenev to coordinate with market makers to increase liquidity for the PONS/USDG market on Lighter. Loracle has built a related trading vault based on Lighter and executes trades through off-chain Keepers. Due to the current market rapidly reaching its set safety OI limit, Loracle stated that the vault will gradually establish positions going forward. According to Hyperbot data, Loracle currently holds approximately 27.75 million PONS short positions at 3x leverage, with a position value of about $21.77 million and an unrealized loss exceeding $3.3 million.
-- Price
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