Paraclr (@Paraclr) header
Paraclr (@Paraclr) profile picture

Liquidations, auctioned. A perps clearinghouse on @Monad: per-block auctions, 8 conflict-free lanes and a live solvency proof.

Monad
Joined October 2026
Photo by Paraclr (@Paraclr)Photo by Paraclr (@Paraclr)Photo by Paraclr (@Paraclr)Photo by Paraclr (@Paraclr)Photo by Paraclr (@Paraclr)Photo by Paraclr (@Paraclr)Photo by Paraclr (@Paraclr)Photo by Paraclr (@Paraclr)
I've watched too many traders get liquidated by a gas race they never had a chance to win. The fastest bot lands first, takes a fixed penalty, and the trader pays it no matter what the market would actually have charged. So at @NetLayerLabs we built Paraclr, where liquidation is a per-block Dutch auction instead of a race. The discount starts at zero and rises every block, and whatever the auction doesn't need goes back to the trader. Every account lives in one of 8 lanes with its own storage, so a crash in one lane never touches another, exactly what @monad's parallel execution rewards. We measured it on Monad testnet: 28% less taken from traders, and 0 vs 49 cross-lane dependencies against a shared-state build. It's live now, so go crash the market yourself and tell me what breaks. ๐Ÿ‘‡ . @monad_dev @pareen @0x_eunice @spicytaco
Liquidation shouldn't be a gas race. Paraclr turns it into a per-block Dutch auction, in 8 parallel lanes on @monad. Measured on testnet: 28% less taken from traders. 0 vs 49 cross-lane dependencies. Our Monad Metropolis entry: paraclr.xyz๐Ÿ‘‡ @0x_eunice @spicytaco
6
5
36
1,232