Hablugger

We're growing 📈 Since V2 launched: Capital in Surge strategy wallets: +160% Grid cycles closed in profit: 98% Grid profit, last 2 weeks: +210% Staking rewards per epoch: up 63% last epoch Wallets staking $SURGE: +64% Things are trending in the right direction.

Surge tutorials launch tomorrow. Here's a sneak peak of what's to come.

We’re excited to introduce Surge, a Cardano-native, non-custodial automated trading platform. Cardano deserves thriving activity. Let’s make it happen together. Launching to the public early September 👀

Development update 🎚️ Progress continues at a strong pace. The volatility (mean reversion) strategy is now live in our testing environment, along with the required market data systems. Users will be able to configure bots to buy or sell when price deviates from a tuneable recent moving average by a chosen percentage. The DCA strategy is also implemented in the testing environment with standard configurability. The cross-dex arbitrage strategy is pending implementation, awaiting integration with Surge's second DEX, SundaeSwap. Backtesting is in progress and will use multi year Cardano data. It will include chart visualizations with buy and sell points, trade sizes, and PnL. This will be integrated with all new strategies. More platform content, including live testing, will be released this week. Thanks to everyone for the support and feedback.

6.5% slippage on a stablecoin pair. $6,500 gone on a $100K trade. This is real and worth highlighting - but also fixable. USDCx launched on Cardano and its liquidity is building. Early days always look like this. The difference is now we have multiple stablecoins (USDCx, USDM, USDA, iUSD, DJED, ...) creating more routing paths, more pairs, more opportunities to tighten spreads through arbitrage. What's missing is consistent automated market-making that runs 24/7 and keeps spreads tight across venues. When that layer comes to Cardano at scale, a $100K swap doesn't lose 6.5% - it loses 0.3%. We're building toward that. Stablecoin liquidity on Cardano is early, but it won't stay this way. The tools to fix it are coming.

Surge Updates: Recent accomplishments: ▫️The past few days our strategy fund achieved over 1M ADA in daily DEX trading volume for 2 consecutive days. Results were a net profit of ~500 ADA after ~800 ADA in DEX/LP fees. ▫️The throughput strategy has been fully stable for 2 weeks, with sweeping and timing frictions fully resolved. ▫️Our community has voted in favor of a DCA strategy as the second strategy to be released on the platform. Upcoming strategy advancements: ▫️DCA strategy frontend and backend have been completed. The goal is competitive pricing and configurability compared to current offerings. ▫️A major milestone regarding market-conditions-based trade capabilities (Pinescript interpretation infra) was completed the end of last week. Arbitrage and grid/volatility strategies have made significant progress in parallel and will use this newly completed infrastructure at their core. The most transformative couple of weeks/months are coming up in the history of Surge. Thanks to everyone for the support.

Mainnet day 1 in the books 📕 Since our mainnet launch less than 24 hours ago, Surge has already begun facilitating on-chain trades and generating revenue. Here are the stats so far: ▫️Over 1 Million ADA in DEX volume ▫️Over 1,000 ADA in Revenue ▫️Over 130 Unique Users ▫️Over 2,000 on-chain transactions 100% of this revenue will accumulate and be claimable by SURGE holders when our "holders page" goes live. Since launch, community feedback has been valuable and is already being addressed. We’re preparing expanded tutorials with in-depth guidance on common friction points, including strategy configuration, pair selection, and fund management. Protocol updates begin rolling out tomorrow, including the following features and fixes: ▫️Wallet upload default file type (JSON vs CSV) ▫️Balance-aware min/max trade size hints ▫️Verified tokens and visible token IDs ▫️Bug fixes and performance improvements ▫️Full fee breakdown (Surge, DEX/chain, LP) ▫️Improved portfolio balance-over-time chart Thanks everyone for the support and don't hesitate to keep the feedback rolling in. Let's have a great rest of the week 🫡