ME News reports that on September 9 (UTC+8), Loracle posted on X, calling on Robinhood CEO Vlad Tenev to coordinate market makers to increase liquidity for the PONS/USDG pair on Lighter. Previously, Loracle had built the corresponding trading vault on Lighter and executed trades via off-chain Keepers. Loracle noted that, due to the market quickly reaching its predefined safety OI limit, the vault will gradually build positions moving forward. 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. (Source: ODAILY)
Loracle Calls on Robinhood CEO to Increase Liquidity for PONS/USDG on Lighter
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Summary
On-chain data shows that on September 9 (UTC+8), Loracle posted on X urging Robinhood CEO Vlad Tenev to increase liquidity for PONS/USDG on Lighter. Loracle has deployed a trading vault using off-chain keepers to execute trades. On-chain analysis reveals that the market frequently reaches its safety open interest limit, with the vault gradually building positions afterward. Hyperbot data indicates that Loracle holds 27.75 million PONS 3x short positions, valued at $21.77 million, with a floating loss exceeding $3.3 million.
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