🧬︲helix-chat

[valid lion]

Hello, I cant seem to be able to find my staked INJ, which I did about 4 mothns ago. What is the procedure to get them to show on the new version?

[valid lion]

Hey, you can withdraw your pre-stake from here https://staking-testnet.injective.network/ and then follow this guide if you wish to stake on mainnet https://blog.injectiveprotocol.com/injective-staking-walkthrough/

It wasnt pre staked, it was staked/delegated normally I guess

I went to the equinox page and there are zero funds showing there.

[valid lion]

Yes but that was testnet staking and you were actually delegating test tokens, not real INJ

[valid lion]

You went to the first link I sent you?

so where did the real tokens go to

it seems they are in this contact:

Read the message that I sent you please

ok

[valid lion]

This one #🧬︲helix-chat message

Open the first link.

yes ive done that and it shows 0 INJ pre-staked

if I go to etherscan, my funds are in this contract:

0xe28b3b32b6c345a34ff64674606124dd5aceca30

[valid lion]

That's the token contract, it's irrelevant

[valid lion]

Then you had already withdrawn it or were using a different account

If you want, DM me your address and I'll see what's up

[wheat ruin]

when trading will be available again?

[valid lion]

Few days

[valid lion]

are there any other relayers coming on besides uponly?

[valid lion]

Yes, many are showing interest

[forest lake]

hi due to the fund lock at the injective network, I was trying to recover my trezor wallet with NanoX , however it is 12 words on Trezor and 24 words on Ledger, wonder if anyone know how to do it?

@winged marsh , is there any instruction on how to recover Trezor with Ledger?

[forest lake]

is the injective website down now?

[forest lake]

Hi @Omar, I am the person trying to get my funds back last week, today I recover my wallet to Ledger, want to send my fund, it seems the website is down, can anyone confirm?

Injective staking website https://staking.injective.network/connect/

[valid lion]

Hey, yes it is momentarily unavailable. I will ping you when it's back online 🙂

[cursive mica]

Hi, tried to connect https://injective.exchange/ using ledger...was prompted to sign on ledger, get Response closed without headers message and the spot & derivative list is empty though site is showing connected to my wallet... This problem has been reported for the longest time and the team is still not able to fix it? I could circumvent the issue by using VPN but hoping team would have fixed this issue by now! Is this bug acknowledged by team and being worked on internally ?

[valid lion]

This team this issue is happening because our nodes are finishing up syncing with the state. It should resolve itself soon

[cursive mica]

Thanks for your reply ... really hope so as this is creating additional frictions in the use of the app

[valid lion]

I don't disagree 😕

[fathom pawn]

Hi, is there anywhere I can get the DEX's historical volume?

[winged marsh]

Hi, not really we don't have an endpoint for that yet but it would be relatively very low given the trading limits. You can see the volume per pair on the DEX after we open it from maintenance

[fathom pawn]

Okay no worries, thanks anyway

[forest lake]

@Omar, do you mean I can't have my money back anytime soon? I have purchase a new ledger just due to this issue, now here is another issue with the network? is it posssible to escalate to your support, I really need my token back

@valid lion Omar, do you mean I can't have my money back anytime soon? I have purchase a new ledger just due to this issue, now here is another issue with the network? is it posssible to escalate to your support, I really need my token back

[winged marsh]

We'll open the dashboard soon, maybe tomorrow we are making some changes in the UI so you'll be able to withdraw no worries

[forest lake]

ok

Please let me know the website, is it still the same link?

https://staking.injective.network/connect/

[winged marsh]

Yes

[cursive mica]

is injective.exchange still empty with its spot and derivative listing?

I don't see anything after connecting to my ledger

[valid lion]

It's related to the "Response closed without headers" error

Connecting to a different network should fix it

[cursive mica]

oic...issue still remains with the network....

Now it doesn't work anymore even after i use VPN... the problem is worst than before

Please feedback to the team that this network issue is a big problem! I am quite tired of trying the injective exchange with vpn in the past and now it doesn't even work anymore

[somber birch]

Wallet page won't load without metamask installed even if using ledger.

[winged marsh]

You have to connect a wallet for the page to load but you should be able to do so from a Ledger directly, it only allows you to connect through MetaMask?

[somber birch]

No I can connect with ledger and everything works fine. But if I reload the page and I'm already logged in with ledger the wallet page won't load without metamask extension. If I enable the extension, the page loads. If I disable it and reload, the page won't load. Just spinning circle and error in console.

[winged marsh]

Alright, we'll resolve. Thanks 🙂

[somber birch]

No doubt

[forest lake]

@Omar, I recovered my Trezor wallet to ledger, and plug in the website to connect, it ask me legacy or ledger live, which one should I choose? since there is no address shows up

@winged marsh , @Omar may not online, can you please help me with the issue of access my fund? I transfer to injective through my Trezor Metamask combination

[winged marsh]

You should choose ledger live, you don't see an address with ledger live?

[forest lake]

yes , no address

but when i recover my seed on ledger, it said successful

[winged marsh]

Can you open a private window (incognito) and try again?

[forest lake]

where is the private window ?

[winged marsh]

Depends on your browser

[forest lake]

I send a chat with you , I select the from the right

[jaunty nebula]

I staked INJ five months ago and cannot figure out how to reconnect in order to unstake. I found my transaction on etherscan but haven't been able to get any further. Little help?

[valid lion]

You can withdraw your pre-stake here https://staking-testnet.injective.network/

[jaunty nebula]

Thanks

[valid lion]

the orderbook for WBTC/USDC looks different on uponly.exchange vs injective.exchange, which one is right?

[winged marsh]

Hey, we had to make some changes to this denom and UpOnly will reflect this change after they update their repo. All changes will be immediately visible on the Injective Relayer since it's maintaned by Injective Labs and we push changes there as soon as we implement them

[sharp thistle]

👌🏻

[celest geode]

Hi ;0

[cursive mica]

interested to learn about using the REST api, are there any sample codes for trading?

[winged marsh]

Hey, yes. We have open-sourced our repos sdk-python and sdk-go, you can find examples in there and we'll be adding more in the next 2 days to finalize them.

https://github.com/InjectiveLabs/sdk-python
https://github.com/InjectiveLabs/sdk-go

The majority of the requests use gRPC, we use REST for some functionality i.e. to broadcast a tx to the chain but this can be done through gRPC as well

[cursive mica]

When would the bridge from BSC or Sol to Injective network be available? Transactions on eth is too costly ...

[valid lion]

We will work on bridges and integrations after canonical

[cursive mica]

thanks Omar... I don't see it on the old roadmap... hopefully this is too impt that the team would bring it forward. Direct bridge from BSC to Injective is important to bring in the trading actions...Going through the current peggy bridge (Eth>Injective) is too costly

[valid lion]

Yes you can probably expect BSC to be the next chain to be bridged. Either that or Solana

[cursive mica]

would imagine it is much easier to get the BSC to Injective bridge done..anyway, either BSC or Solana is great

[valid lion]

Correct, BSC would be very easy to bridge. We can use the same contract we have on Eth

[cursive mica]

Will Injective be supporting any bot trading dapp soon? Eg Bot Ocean...

[cursive mica]

Please feedback to the team that the direct BSC>Injective bridge is critical to get more funds in for trading

And it would be great tosupport fiat onramp/offramp feature...ask the team to take a look at integrating onramper.com ...it appears really simple to do the integration

[valid lion]

hi, on the dex, i just tried to sell 0.001 MATIC for an absurdly low price of 0.11 USDT, i would have expect to hit the highest bid showing at 1.416, but instead it executed past the bids at 0.771 (you can see in history), why is that?

[winged marsh]

Hey, that's actually normal since we use the FBA. Basically in our matching system, the limit order maker will get a better "deal" and you'll get a "worse" deal. As an example, if the lowest sell of asset A was at 15.1 and you were to set a limit buy at 16 for amount=2, it would be filled at (15.1+16)/2 = 15.55 opposed to getting filled at 15.1 even if the amount at 15.1 was sufficient to cover your limit.

[valid lion]

I see, that is different from most exchange behavior i am used to, was the design in order to counter HFTs taking liquidity?

[winged marsh]

Yeah..most exchanges use continuous trading with a FIFO algorithm opposed to auctions. You can read more about FBA here: https://blog.injectiveprotocol.com/injective-exchange-upgrade-a-novel-order-matching-mechanism/ if you're interested

[valid lion]

cool, thanks!

[stray merlin]

Guys, I have one question about the dex. In the future, once we have canonical launched, and multiple bridges implemented, how will the bridge work for multichain tokens? Consider that we'll have ETH and BSC bridge in the future. If I deposit some USDT on the dex and buy 100INJ with it. Now, I'll be able to choose if I want to send INJ to the ethereum network, or BSC? If not, how will this be limited?

[valid lion]

Good question, the two tokens will be under a different denom and hence completely different from the point of view of the protocol. What we'll have in this case is a bscINJ/ethINJ market, so one can exchange between the two

But the only one you'll be able to stake is the ERC20 one

[stray merlin]

Hmmm, I see. Have you guys though about how this will be presented on the market list, without making it too "messy"? Thinking out of my head now, I can see the list becoming a little noisy with all the markets being repeated for different networks.
Maybe a simple "swap page" specifically for this purpose would be very useful. Or, maybe separating the frontend in "sub dexes", for each network.

If the dex is split in "sublayouts" for each network, maybe the dex can bet set to the current network selected on my metamask (this way I would see only the bsc markets). I think this would be a better ux than showing everything together.

[valid lion]

No this wouldn't happen, it would just be more confusing. What we would likely have is all markets quoted in (eth)USDT since it's the most abundant one, while having a market (which can be represented as a simple swap, that's definitely an idea!) so that one can go from bscUSDT to (eth)USDT

[stray merlin]

Understood. Well, I guess we'll have a better idea of what works best when this time comes. Anyway, my second suggestion could totally be implemented by a relayer as well, right? One of the best aspects of this project, I have to say.

[valid lion]

It could be, though this exact implementation would be very specific with MetaMask and I don't think it's convenient to fragment the liquidity of, for example, ETH into ETH/(eth)USDT and ETH/(bsc)USDT

A single market might work best... But I believe the ideal solution will come up naturally 🙂

[stray merlin]

Ok, I see it now. I was thinking we would have a pair for each network/pair a token has on the dex. For example:

• (eth) INJ / USDT
• (bsc) INJ / USDT
• (eth) INJ / ETH
• (bsc) INJ / ETH

But, instead we would have this, right?

• INJ / USDT
• INJ / USDC
• INJ / ETH
• (eth) INJ/ (bsc) INJ

Yeah, this makes more sense, indeed. And the simple swap feature would be very suited for this.

I saw something like this on the Anyswap exchange. They have a "Bridge" page, for this purpose: https://anyswap.exchange/bridge
I guess it would be similar

[valid lion]

Yep, exactly like that. We can definitely work on a swap interface specifically for tokens that represent the same underlying asset but from a different network

[stray merlin]

Ok, it's looking mate. Thanks

Just, one additional question about this, Omar. When a new pair is being proposed for a multichain token, will the vote be necessary for additional networks as well?

[valid lion]

Yes

[stray merlin]

Ok, so I guess it would a new pair proposal, right? Like: (eth) INJ / (bsc) INJ

Ok, makes sense

[valid lion]

Yes because the protocol sees them as entirely different tokens. They'll have a different denom on our chain

[stray merlin]

Ok, understood. Thanks man

[valid lion]

No problem

[arctic notch]

Bridge UI is in the works for our Hub.

We plan on introducing multiple ways (on our UI's) for people to bridge their assets to our Injective Chain. The goal is to make it as effortless as possible.

[tight patrol]

Hi! I am having trouble with finding my staked INJ. Can someone please help me?

There's an FAQ/AID messaging me right now - is this a scammer bot?

[remote glade]

No one from team will dm you so, most likely scammer

[remote glade]

Are you referring to your staked Inj from tesnet?

[little sigil]

You can withdraw your pre-stake here https://staking-testnet.injective.network/

[opal moon]

Hi how do i transfer my pre staked injective from test net to main net? Also i dont appear to have received any interest, my pre staked inj balance is unchanged since i deposited a few months ago.

[winged marsh]

You'd have to unstake from the testnet and then stake on mainnet on our hub: https://hub.injective.network/ the rewards will be distributed in your inj address on mainnet next couple of weeks

Thanks, checking now:)

Nope something came up, we're looking into it. Thanks for reporting!

[winged marsh]

Well if you go with 1x leverage there's no liquidation price since you have no leverage, if you add to that position and leverage becomes > 1x you'll see a liquidation price

[valid lion]

Q: tried to sell 10 matic on uponly.exc but I get error message: failed to fetch current block height.

Any Idea?

[winged marsh]

They were probably syncing, do you still get this error?

[valid lion]

I got the same error when trying to execute on uponly about 30 min ago

just checked again now and still same error when trying to execute on uponly.exchange

[winged marsh]

Alright..we'll let them know. Thanks guys

[valid lion]

There is a rare tendermint error that can halt the node https://github.com/tendermint/tendermint/issues/6184. We will communicate with them to see if this is the case

[cursive mica]

Hi, uponly.exchange has the error msg"response closed without header" while injective.exchange is working fine.... I believe the team has not updated the uponly.exchange code not to use custom ports

[winged marsh]

Hey, they have a different issue and we're working to help them. We're not updating the codebase, their team is responsible for updating the codebase and resolving any conflicts but we're here to help if they need any assistance

[wanton haven]

On the DEX, when you click onto the Spot market list, what is the order of pairings based on? Just curious.

[arctic notch]

Its hardcoded, every relayer decided on their own - how to sort, which markets to show, etc

[wanton haven]

so if there are a number of relayers, do they collectively decide the order from drop down list?

[arctic notch]

Each decides on their own, relayers are not forced to do anything. Its up to them to decide which markets (and how) they want to show.

[wanton haven]

Sorry for the confusion. I meant on the Injective exchange. But no worries, it's of no consequence. I was just curious. You have more important tasks at hand! Thank you though.

[arctic notch]

no worries, anytime

[valid lion]

hi, i had a long BTC/USDT perp trade execute last night but today I do not see the position listed ("Positions" table is empty). I still see the long in trade history. Is there a way to find out what happened?

update- the position popped back up in the "Positions" table after I put in a new trade, the table was still empty before that even when I refreshed the page and reopened the browser, but apparently putting in a new trade did something to pop the existing position back onto the table

[winged marsh]

Hey, did that happen on mainnet or testnet?

[valid lion]

mainnet

[winged marsh]

Thanks..I'll check it out 🙂

[valid lion]

sorry forgot to take screenshot

[winged marsh]

No worries, thank you

Could you give me some more context on the below to try and replicate?

1. Did you logout from the wallet and login today or were you constantly logged in?
2. Did you have the window open or did you close it and re-open it today again?
3. Browser?
   @valid lion

[valid lion]

1. constantly logged in
2. closed last night and opened it again today
3. chrome on windows 10

[stray merlin]

Yeah, just to confirm...the same hapenned with me a few days ago.

[winged marsh]

Do 1 & 2 apply to you as well above?

[stray merlin]

Yep, the same. But, for 2, if I remember correctly, I reopened a few hours after. I'll try to reproduce it again.

[winged marsh]

I'll follow the steps to reproduce no worries, thank you

[winged marsh]

You can already trade on the Injective relayer or UpOnly

That would be upon the canonical release, we'll release an article this week with our progress and next steps

Decided through governance for every market, both maker/taker

Yes we're working with their team to fix an issue they have on their end

[valid lion]

Hi, it looks like we have an automated sell process on Perpetual BTC/USDT.. it sells every 5-6min., 0.0001 BTC . Testing phase still on?

[lofty ruin]

I do not think there is any testing going on..

[winged marsh]

It's our bot :)

[valid lion]

thx .. i've got some discount this morning

[valid lion]

team may have seen this already, but the prices shown for AXS/USDT and WBTC/USDC in the Spot dropdown menu are several decimal places off. The AXS quote in the dropdown seems to fix itself if you then click into the quote to display the chart. However, in the charts for both, the numbers displayed in the charts are still several decimal places off

[winged marsh]

Hey yes, we're working on this 🙂 thank you for reporting!

[robust vessel]

hi guys I need help with some missing staking tokens - whom could I DM?

[winged marsh]

Hey, what do you mean missing tokens?

[robust vessel]

Means I cant find them on injective hub so probable Im doing smth wrong - should I DM u?

[winged marsh]

?

[robust vessel]

Im not talking to him dont worry

[winged marsh]

Make sure you don't DM anyone apart from team members, yes you can DM me.

[robust vessel]

Sure cheers!

[young raven]

its a bit annoying that chart doesnt remember settings. everytime you change maret it resets settings

[lofty ruin]

Thanks for the feedback.. I would pass it on the team and they would look into it..

[winged marsh]

Yes, we've noticed that as well and we are looking into it 🙂 thank you

[valid lion]

for funding rate in btc/perp, right now it shows -0.0625%, so if I am long a contract I will be paid 0.0625% of it every funding interval? is that every hour? and where does that payment go, to my subaccount fund?

[winged marsh]

Yes and it's every 1 hour correct. That would reflect your margin, if will increase or decrease based on the funding payments

[valid lion]

ahh ok, so i likely won't notice since margin is only showing 1 decimal now, can that be adjusted to should more decimal places?

*show

[winged marsh]

We're actually working on showing the funding payments in a history tab 🙂

[valid lion]

excellent, thank you!

[valid lion]

MM's taking a break on the dex?

[young raven]

didnt start yet

[valid lion]

there had been someone doing some small mkt making on all the pairs, that seems to have stopped today

[young raven]

not usre about that

[valid lion]

There are several market makers that are currently onboarding and based on the current progress they will start providing liquidity to the exchange by October as well

[scenic parcel]

We are onboarding a few qualified direct market makers along with more trading incentives for everyone. Please keep eyes on our incoming announcements. Working in progress!

[drowsy stump]

Hey, not sure if you guys are aware, but I'm getting error 400 on testnet.injective.exchange

[lofty ruin]

It is working fine at my end currently

[drowsy stump]

have you tried https://testnet.injective.exchange/spot/inj-usdt ? I just refreshed and still getting the same error, {"name":"bad_request","id":"d-PlEpjC","message":"incorrect symbol format: not_found","temporary":false,"timeout":false,"fault":false}

[winged marsh]

Hey, looks like it's working fine now. Let us know if it comes up again

[cunning mango]

Hello, I represent a multi agent & best execution AI trading solution, who can I talk to for partnership/integration?

[winged marsh]

Hi, you can e-mail us here: [e-mail]

[cunning mango]

Thank you

[drowsy stump]

Mm I'm still seeing the same error on my side

[valid lion]

Did you clean your browser cache?

[drowsy stump]

Yes, the error still exists in the console log, but nvm I'll use the derivatives to test the graph. Thanks for the help!

[valid lion]

@winged marsh The error is still there.

[valid lion]

Can you please try through another browser if it is not a problem for you

[winged marsh]

We're looking into it, thanks! 🙂

[valid lion]

hi.. just checked uponly.exchange and found out that they have still the same links below on main page (like terms and conditions.. ). They use those from Inj. exch, where it is written that US citizens can not trade 😋..

Well in a sense all of the exchanges that I have come up to that don't have permission for the US don't "allow" users from the US

[valid lion]

uponly. is open to all.. Cayman Island registered company..
I see same links below as they are on injective.exchange, where US citizens (US IPs) are filtered out.
Just thinking loud..

Yes, I know. It is just that if you go to any other exchange that is registered there you will see that USA based individuals are not "allowed"

But someone mentioned that they can trade on uponly. is this then right so?

No limitations on the Uponly relayer to my knowledge

[blazing loom]

@valid lion it's showing "* Your input value of 10 cant be higher than -0.01" for validators.

[valid lion]

I assume you are trying to stake on the hub?

Try inputting a round number

Example 5.21 inj make it = 5

Let me know if that works

[blazing loom]

Yes. The number is already an integer, as you can see in the my original post. Neither 10 nor 5 works.

[valid lion]

can you please try refreshing the page and try delegating again. To which delegator are you trying to delegate?

[blazing loom]

Okay, I got it, probably.

[valid lion]

seeing these weird 0 price 0 volume prints in USDT/USDC, have also seen in other pairs past week intermittenly, are these pricing bugs?

the 0 price 0 volume prints for USDT/USDC was around 9:41am UTC and 8:42am UTC today

[winged marsh]

Hey, thank you for reporting this. I'll check, volume looks normal now but I'll try to find a pattern and see it actually happen on my side

[golden bridge]

Hi, my name is Huang. I am a Full Stack & Blockchain developer, specialized in React, Vue, Node, Web3 and Solidity.

If you have a complaint, issue or need an idea, pls feel free to contact me.

[topaz turret]

Hi I seem to be getting this error

Trying to withdraw from Subaccount

[winged marsh]

Hey, we’re making an upgrade soon be up soon

[topaz turret]

Yeah its down

cant do anything or find any markets

Unable to bridge out

[topaz turret]

Just so im clear, i clicked withdraw on the spot exchange not injective hub network

The bridge worked on hub.injective

Worked perfectly, I thought id have to pay an eth gas fee too

[warped geyser]

when IBC will run ?

[winged marsh]

The IBC is already enabled, we're working on a UI for the hub

[karmic grotto]

is there something wrong with the bridge right now? I keep trying to transfer some usdt to the inj chain but it doesn't seem to go through

this normal?

[valid lion]

Maybe the ETH network is congested and the transaction have not gone through

It is pending, please wait for it to be confirmed

[karmic grotto]

ah but when i click the tx to see it on etherscan it can't locate the txnhash

could be because of eth congested too?

[valid lion]

yes, please wait a little bit, the problem here is ETH

[karmic grotto]

ok thanks

[arctic notch]

It seems that ethgasstation is down and the gas prices are not fetched sometimes, so you should set the prices for the transaction manually. I've added a backup call for fetching the gas prices if ethgasstation fails, but you should check them manually as well

[stray merlin]

Oh boy, let the relayers run begin: https://github.com/InjectiveLabs/injective-dex

[karmic grotto]

wow i thought the bridge was supposed to be cheap now, tried to transfer 100 usdt but gas cost is $51 and binance already ate $24. Can't even transfer it back to binance now 🙃

[valid lion]

This depends on the ETH current gas cost

as it involves an ETH transaction

[karmic grotto]

cheapest it's been in last few months is still $20~ tho iirc?

still

[valid lion]

hi, the "Trade History" tab (in "Markets" from top menu bar) on the new dex UI has units mislabeled (swapped) on the Sells. The Buys has the right units, but the Sells swap the units for some reason. Seeing same issue on the "Spot Trade History" tab in the "History" section from the top menu bar

@winged marsh

[valid lion]

Thanks for the feedback

[winged marsh]

Nice catch, thanks!

[lofty ruin]

No ideally you should be able to see the transaction on etherscan but its status would not be completed.

[valid lion]

is there a way to search for a specific executed transaction from the dex using https://explorer.injective.network/ ?

[winged marsh]

Sure, you can search for the transaction hash

[valid lion]

Is there a way to get the tx hash from the UI of the dex?

[winged marsh]

We're looking to add this feature but you can also search for your address and see the executed transactions

[valid lion]

sounds good, thanks!

[valid lion]

in case you are looking for a recent case, the 0 price 0 volume thing just showed up again on the USDT/USDC pair on the dex

[winged marsh]

Thank you, this has been resolved actually. We'll update the exchange on mainnet soon 🙂

[valid lion]

is the dex down?

The inj relayer doesn't load up on my end too

[winged marsh]

Looking into it, thanks 🙂

[valid lion]

i see it back now

[glacial hollow]

There is a problem with the price

[stray merlin]

The price shown between sell and buy orders is the last traded price, afaik. It's not properly a problem, since it's possible that 1 order was executed at this price, and then new orders started to be created (but not filled yet) on a higher price.

[glacial hollow]

Yes, i checked….you are right

[arctic notch]

That’s correct

[stray merlin]

Guys, I am browsing the dex, and noticed something. Shouldn't my subaccount funds also be listed on the "Wallet Page"? Right now, I can only see it if I open a market. But, it might be a good idea, for user experience. Also, this page name might be a little confusing with the "Portfolio" name, in my opinion. Maybe this one should be named "Trades"?

[arctic notch]

Already done, they'll be listed on the Portfolio page alongside your portfolio value. We'll deploy the update in the next few days.

[stray merlin]

Nice. Thanks

[stray merlin]

@arctic notch I think there's some issue on the dex ui at this moment. I tried to place a limit buy order on the inj/usdt market. The order is not being reflected automatically in the list of open orders (right sidebar), and also on my open orders list. It appears only after I refresh the page. Then, if I cancel the same order, I receive the confirmation message, but the order keeps being shown on My open orders list.

[arctic notch]

Thanks for reporting, I’ll have a look

[valid lion]

seeing same issue on my end, updates to orders are not being shown unless I manually refresh the page

[valid lion]

check this address
https://injective.exchange/derivatives/

error

[valid lion]

not sure if this has been mentioned before, but in the btc/usdt perp pair, everytime the screen/quotes refresh, my bottom window will change to Open Positions by itself, no matter if I was Open Orders or Trade History, makes it very frustrating when trying to look at trade history

[lofty ruin]

Thanks for reporting.. I will pass this to the concerned person.

[arctic notch]

Resolved, will be up in the next release

[valid lion]

awesome, thank you

[valid lion]

so once the canonical upgrade happens, will all current orders in the dex be canceled?

[winged marsh]

Nope, none of the orders will be cancelled. If you have open orders in some markets that are going to be delisted on the Injective Pro UI you can also cancel them from another relayer or from the API as well

[valid lion]

got it, thanks!

[stray merlin]

Achilleas, this might become a point of complaint for some people (having to search a new relayer to do this, or having to use the api, which only tech people is able to do). Maybe it would be good to have this on the "Portfolio" page, under the "Open Orders" section?

[winged marsh]

Well we've already announced the markets that will be delisted, if someone has open orders they can go ahead and cancel them if they don't make it until they are delisted they can always go to other relayers it's just a different URL. I'm not sure if open orders for filtered markets will show under "Portfolio" actually, cc @arctic notch to confirm on this

[valid lion]

is uponly.exchange working? I keep getting "response closed without headers"

It is up to them to fix this error

[valid lion]

yeah i get that but that means effectively injective pro is the only working one

[winged marsh]

See here: https://hub.injective.network/trade

[valid lion]

cool, thank you sir

[stray merlin]

Yeah, I didn't meant about markets being delisted. This will probably be something normal, when we have several relayers. I only dislike the fact that open orders would be hidden when a market is delisted. It seems like bad ux IMO. If not on the open orders section, another solution would be to have this somewhere on the hub (a page showing all open orders of a user, for all relayers). Just an idea.

[valid lion]

so will large third party market makers go live on the dex as soon as canonical hits or will it take more time to bring them on and be a more gradual process?

[valid lion]

There will be active mms from day one but you should consider it more of a gradual process

[valid lion]

got it, thanks

[valid lion]

looks like relayer is still up, will it stay up through the canonical upgrade process? and is it safe to submit/cancel orders during this time?

The chain is going to be halted so you won't be able to during the update

For a brief moment of time

[valid lion]

is marx relayer lagged? orderbook on there looks old

hmm strange

[winged marsh]

We'll let them know

Thanks!

[valid lion]

does uponly.exchange have an eta on when they will be back? seems like that relayer has not been working for quite a while

[winged marsh]

It's up to everyone really to support their own infrastructure, we're always here to help with questions/issues but we don't maintain the infrastructure of other relayers

[valid lion]

completely understand, I think uponly had someone in this channel before but they've gone radio silent. that with marsx being lagged, all just not ideal from end user's perspective

[little sigil]

Should a relayer be removed from the Injective platform if they become inoperable for a certain period of time?

[valid lion]

The injective labs team can decide to un-list from the list on the hub but the relayer itself will still be there as it is not in the control of the team to limit access to the blockchain

as anyone can access the public blockchain of injective with his relayer

[little sigil]

That makes sense. I think it makes Injective hub look bad when there are multiple relayers that are not active or have no market liquidity.

[blazing steppe]

yes, but worse if injective can shut them down, that goes against the 'decentralized' ethos

[valid lion]

it cant

[blazing steppe]

right. ideally there are choices for users for what relayer they engage with, and incentives for relayers to be in good shape. i believe the latter is clearly there, but i'm not yet familiar with the trading experience to comment on the former

[little sigil]

Maybe a list of relayers that is categorized in order of most trusted/volume/trading pairs so users could see the best ranked relayers versus trying to sift through hundreds of relayers that may be listed on the Injective Hub in the future.

Kind of what CoinGecko does when you click on their list of DEX’s. It’s a drop down list based on volume, coins offered and trust score of each site.

[valid lion]

Can you please post this in #💡︲product-ideas

so it is not lost in the chat

[hardy bough]

Hello. I have a question related to the HackAtom VI challenge (hopefully it is the right place to ask).
Does it make scence to build a mobile exchange client ? It looks like it can be build with ReactNative using https://github.com/InjectiveLabs/injective-ts (with minor improvements)

[arctic notch]

The goal is to build a web app as per the requirements in the challenge

[valid lion]

is injective.exchange having issues? getting "response closed without headers"

[winged marsh]

Thanks! Checking now

[solemn girder]

Network down? Block explorer not working

[ripe escarp]

market down ?

[winged marsh]

It's an API issue, we're working on it

[ripe escarp]

thanks

[valid lion]

Hi, after upgrade I can not log in with metamask to injective.exchange. It has problem with 'your country is restricted for trading...'. I suppose, as a EU citizen, this should not be an Issue. I've checked my IP and it is ok.

[valid lion]

That is known issue

It occurred a month ago, and was corrected. Now it is back again.

Due to the problems with uponly, I have no entry point to trading.. Not as I thought about after canonical phase...

[valid lion]

Just for info ... I can connect to marsx relayer.. hopefully they stay on english 🙂

[valid lion]

can you actually trade on marsx? when I connect to it the orderbook looks stale and i get an error when trying to submit orders

There is know issue, we have notified them

[valid lion]

looks like marsx is back up now for anyone who is interested - dex.marsxexchange.com

Thanks for the heads up

[valid lion]

mm bot on weth/usdt looks stuck, 4648/4642 bid/ask when eth is now 4696

[little sigil]

Is Injective going to integrate with “Binanace Cloud” to provide deep liquidity???

[valid lion]

No, binance cloud is a totally different service

[little sigil]

Thanks Seranium…
Any idea when the platform will have deep liquidity to be able to actually trade with no major slippage?

[valid lion]

Next week, mms are waiting for the incentive program to go live

[vague vigil]

Is there a roadmap for INJ pro, having 4 spot markets is disappointing to say the least ..

[valid lion]

updated roadmap is coming, it was discussed 2-3 weeks ago that some market will be hidden for the time being. At the same time more proposals for trading pairs are coming.

Everything is done through community governance

[vague vigil]

yes im aware, but no one is going to get excited about 4 spot pairs , exchanges that are crap, and no liquidity

[lofty ruin]

Wait for one more week and we should have 3-4 more perpetual markets.. The addition of markets is going to be a gradual process. Also, it is community driven so the community needs to propose and pass through governance.

[valid lion]

If perpetual pair pass through voting, how is than with insurance fund for it? What's the procedure? Who fund it? What s the cost, gain over a month.? I think that this proposal procedure should be clarified and explained like im 5 . There is a risk of loosing some INJ.

[lofty ruin]

With regards to insurance fund currently 20,000 USDT is required to form one. And for each PERP pair, you need a dedicated insurance fund before proceeding. The funds contributed to the insurance fund are safe irrespective of the proposal passing or failing. The 500 INJ deposited for the PERP proposal may be burned only under the following two scenarios.

1. The quorum i.e. 33% of the votes are not reached within the 2 day voting period

2. More than 33% of the votes are for NO with veto

Both the outcomes are unlikely to arise, if any community member engages with the team and community

Currently since a 20,000 USDT insurance fund is required for each PERP pair and since this has to be funded by one wallet, thus, the team would form the insurance fund for now. In the future, this limit may be lowered or funding from multiple wallets may be allowed

With regards to return on money contributed in the insurance fund, it would depend on the appreciation or depreciation in the value of the insurance fund for a given PERP pair. There is no fixed return on the money contributed to insurance fund.

[scenic parcel]

DEX is back up now, thanks for the cooperation

[nova wigeon]

Once Volume picks up in DEX, I hope the upgrades will be designed to done without downtime

[valid lion]

on the dex, when I do a trade and look for it using my wallet address in https://explorer.injective.network/ all I see are the order creation transactions, nothing about when the order is filled and the price/fees etc. Can I search for actual execution details for my wallet address in the explorer?

Nope, the explorer would provide details on transactions and balances. Seeing data like funding payments, trade execution, rebates and so on will be visible only on the DEX or from the API for those who want to use it we're not going to add this data on the explorer.

so if I trade a 0.0001 size btc/usdt perp and the fee is showing as 0.0, there is no easy way for me to look somewhere to see what the missing decimals are?

[winged marsh]

How did u trade 0.0001 when the min tick size is 0.01?

[valid lion]

tick size is not 0.01

0.0001 btc

[winged marsh]

Ah yes 0.01 is for our testnet, yeah you should see the fees. We'll look into it, thanks

[valid lion]

yes please, thank you 🙂

[valid lion]

Q:** It would be nice, if you will write for which countries a Relayer has trading restriction.** Right now I'm lost, coming from EU country and not eligible for trading on main injective.exchange despite that I see no problem with Terms and condition.

[stray merlin]

On the trade section of the hub, I think you can see this information.

[arctic notch]

From a legal perspective, we can't disclose that information on a public domain, its up to the user/relayer to inform their users about any trading restrictions they have.

[valid lion]

Thx, I would be pleased if injective.exchange inform us about Countries that are excluded and will be still in accordance with your Terms.. Check my humble xxxxxx and why excluded.. thx... Corrected on 18.11.

[valid lion]

dex seems to be down?

[solemn girder]

It's extremely slow but it's still somewhat working for me. Blocks seems to still be producing tho.

[valid lion]

not loading at all on my end

the problem is reported

[somber birch]

Do we have to pay gas fee to set allowance on exchange, if we already did before restrictions were lifted?

Oh nevermind

[fossil ridge]

Can’t trade in US?

[valid lion]

try https://dex.marsxexchange.com/

[valid lion]

thanks! znaš zašto.. 😋

Try to buy some on PERP pair, (market order), got error message.. just to report ..

[valid lion]

No problem on Marsx relayer... just bought

[somber charm]

Ty

Will look into it

[somber charm]

MarsX is great!

[arctic notch]

nema problema 😄

[arctic notch]

You need to lower the leverage a bit and dont go till the end

[valid lion]

did this, was not the problem.. max. leverage gray out the BUY/SELL button - that works..

[valid lion]

when trading AXS as maker, shouldn't the fee show up as negative in the history window?

[winged marsh]

Yes, it's a bug. We already have an open issue on this

[valid lion]

also on AXS, it is calculating my actual rebate correctly at -0.2%, but in the order window to the left it say "Maker/Taker Fee Rate -0.16%/0.32%", I guess it is applying VIP multiplier to both parts, but shouldn't that display for Maker remain -0.2%?

[winged marsh]

Indeed, one more bug we already have an issue open and it's WiP 🙂

Thank you

[valid lion]

thanks, you guys are the best!

[winged marsh]

You can see the open issues here btw: https://github.com/InjectiveLabs/injective-dex/issues @valid lion

[valid lion]

thanks! will check this first next time

[blazing steppe]

i feel like nearly every time someone here brings up some sort of bug, you guys quickly respond that you're aware of it and are working on it. kudos to the team 👏

[winged marsh]

Thank you 🙂 we test everything extensively again and again to ensure there's a high quality in the products

[valid lion]

mark price for btc/usdt looks stuck

[winged marsh]

Haha yes good eye, we're getting some notifications. The Coinbase API appears to be temporarily down, should be fixed soon.

[blazing steppe]

is this right? maker fee is 30x lower than taker fee? i couldn't find where the rates are published online

[valid lion]

on which pair is that

[blazing steppe]

btc perp

[winged marsh]

Yes, that's right. The BTC pair was proposed with these values to improve the market depth and the overall liquidity by MMs in the beginning, should be only for a short period of time community can then propose to update the maker param here.

[valid lion]

Yes, this is the correct Maker/Taker fee

[winged marsh]

We're working on a page on the DEX to show this information for all markets + tick sizes, whatever you see in each market though is correct 🙂

[blazing steppe]

oh wow. ok thank you

[blazing steppe]

im using the exchange for the first time and am trying to beam up some AXS from my ledger. when i go to the AXS trading page and hit 'deposit' then 'deposit to injective chain', my ledger shows a max gas fee before approving the transaction.. is this a gas fee that's paid only once to approve the contract between the injective chain and that particular eth address where i hold my axs?

[winged marsh]

In order to transfer them from ETH, you'd make 2 txs one to set the allowance and the second one to make the actual transfer

[blazing steppe]

thank you. so this on the website: "Trade as much as you want without any gas fees. Injective is able to avoid both network congestion and the associated high gas fees." ... should that be clarified some to acknowledge that there are still gas fees before the assets are tradable? or am i misunderstanding it or transferring in inefficiently?

[winged marsh]

Well you'd pay some gas fees but this would really depend on the chain you're transferring from, we're going to have markets with IBC denoms i.e. the community just proposed ATOM/USDT so you could bridge ATOM from the CosmosHub for negligible gas fees and trade on Injective with zero gas fees. As the protocol progresses there will be numerous bridges to various chains so ETH will be just one of them, the specific point you mentioned refers to our chain 🙂

[blazing steppe]

thank you

[valid lion]

dex is down?

[lofty ruin]

No, now it is working fine

[valid lion]

hi, dex is not letting me put in low bids, for example buy 1 INJ at 5 USDT, shouldn't I be able to do it anyway with a warning message? doesn't seem right to not allow dex users to put in lower bids like bots can

[valid lion]

Hey, maybe because you get this: The execution price for this trade is far away from the current orderbook mid price.

[valid lion]

yeah, but not seeing why that should be the case, it is a change from before

[winged marsh]

Hi, we're going to change that to -80% - 400%

As a price band because there are some ridiculous orders i.e. buy INJ at 0.01

We now have it pretty low but his change to -80 400% should be good enough for normal cases 🙂

[valid lion]

but the solution to that is to get more mm's and liquidity further up the book so there is no economic incentive for people to lock up capital at that low price

not to unilaterally prevent people from putting bids at certain prices

no other exchange limits prices like that I know of

feels very bad from price control perspective

[winged marsh]

Binance has a price band of 5x 🙂

[winged marsh]

All exchanges have it and it's normal, the ratio we're putting now is good enough for normal cases

[valid lion]

is that so? have not used them and this will keep me away from them! 🤣

[valid lion]

hi, would it be possible to get more decimal digits for the "Notional Value" column please?

[glacial hollow]

Can be a problem here? The low was 56921, but i can’t see the trade at that time frame

[valid lion]

The price that you market is for O - Open

[glacial hollow]

But the low was also 56921

In that picture

[valid lion]

Thats because the Open price coincidentally is also the Lowest

[glacial hollow]

Ok, but at the trades section, i couldn’t find any trade at that price

[winged marsh]

The chart will show the last traded price, there's currently an issue and sometimes there's an inconsistency in the value you see in the chart and the actual value from the last trade, it's WiP

[glacial hollow]

Ok. I am just trying to help if i find any bugs

[winged marsh]

Sure, please report them here and we'll file an issue if we're not already working on them. Thanks 🙂

[valid lion]

curious if whoever is doing this will be eligible for the rewards on these trades as well? 🤔

They should

[mental quail]

so rewards has started?

[somber charm]

Yes

[blazing steppe]

i bought some weth but it's not showing up here. this is where it should, right?

[winged marsh]

Hey, yeah I think there's an issue here. Let's check a few things from a DM please

[valid lion]

Hi, I have a question on how an order is filled, if for example, there are 5 bids for INJ at 10.00, with differing sizes of 1,2,3,4,5 (for total aggregate bid size of 15 INJ), if a sell order comes in for 0.001 INJ (min tick size), how does the exchange determine which order to give the fill to (can only be one as it is min tick size)? is it the oldest bid? the largest bid? or something else?

[valid lion]

It is timing based, the first one to make the orders a.k.a first come first serve

[valid lion]

that is what I thought, but I could have sworn there were times when a bid came in after mine and they got filled first. I will pay attention next time to confirm if that is the case

[valid lion]

it just happen again, I put a bid down, someone else followed, and they got the fill first

if you put a bid and someone puts a bid before yours it will get filled first

mine was first

I put a higher bid than what was showing at the time

mine showed up

then someone else joined and bid size increased

then sell order came in and they got filled first instead of me

can dm my order creation tx if that helps

yes dm me the details

[scenic parcel]

did you ever get filled some partial when that sell order got filled ? for your order at the same price as that order I mean

[valid lion]

no, later orders, either went to the other bid that followed me, or to me, but in whole, have never seen a partial fill that was split between me and the other bids

there were several min tick size fills though, so can't really split those, but it was weird how the fill would bounce between me and the other later bid instead of being ordered by when bid was placed

[winged marsh]

1. These orders could be smaller by a fraction, even by the min tick size and thus got filled first
2. Maybe they were cancelled and not filled, did you see them being actually filled in the "trade history"?

[valid lion]

1. Are you saying smaller orders get filled first and not earlier orders?
2. Saw my fills in “trade history”, could match to “trade” history next to “orderbook” of overall inj/usdt pair, that is how i saw/confirm a fill of a same price bid that came later than mine, and subsequent fills that seemed to randomly fill my and later bids instead of filling by time the bid was placed

[winged marsh]

Nope, if your resting limit was posted first and then there were more limit orders at the same price and quantity I believe your limit order would be filled first. You can also read about the matching mechanism here: https://blog.injectiveprotocol.com/injective-exchange-upgrade-a-novel-order-matching-mechanism/

[valid lion]

Yup, I’ve read that article several times now to make sure understood it correctly, but the behavior I saw when my resting limit was skipped and a later bid got filled went against what I understood, so am bringing it up here

[valid lion]

@winged marsh @scenic parcel further on this, in ETH/USDT I just tried creating 4 orders, in this order, buy 0.004 @ 4300, buy 0.003 @ 4300, buy 0.002 @ 4300, buy 0.001 @4300 (no other bids were at this price and this was highest bid at the time)
I then placed a sell order of 0.001 eth @ 4300
Now if it was earliest bid, I would expect the 0.004 order to get filled first
If it was smallest size, I would expect the 0.001 order to get filled first
But it was neither, the 0.003 order got the 0.001 fill
Thus I don't understand how the fill allocation works

[scenic parcel]

could you dm me your INJ address? I will get back to you next week. because we use frequent batch auction, we need to delve into those four orders’ details

[winged marsh]

Actually for resting limit orders beyond the current and previous auction it's completely random and there's no block priority or anything else, it's just based on the order hash and it's random so the example you gave above is normal

[valid lion]

So if I understand you correctly, all resting limit orders older than >1 block at the same price would have the same random chance of getting filled?

[winged marsh]

Yes

[valid lion]

got it, thanks for confirming

[solemn girder]

Why is not atom/usdt implemented yet?

[valid lion]

There was an issue with the trading pair and it will be implement when its ready

[solemn girder]

I ask because the eth and bnb perps are added

[solemn girder]

Okay

[buoyant yoke]

So no atom pair tomorrow?

[valid lion]

When it is ready

[ripe escarp]

Hello, why can't I deposit ETH?

[valid lion]

You want to trade ETH/USDT perp. This contract is traded in USDT therefore you need to deposit USDT.

[ripe escarp]

Ok I understand, currently there is a way to deposit ETH on injective?

[valid lion]

no, only ERC-20 tokens. You can deposit the wrapped version of ETH - WETH

[ripe escarp]

Okay, now that BNB is on injective, will you have a binance smart chain bridge soon ? So that we can offer lots of new tokens

[valid lion]

cannot provide a timeline for bsc bridge

[ripe escarp]

Ok it's already in the roadmap, it's cool, thank you

[opaque monolith]

Pls help: the position was closed by margin call. But 300+ USDT difference still not received.

[lofty ruin]

@winged marsh @arctic notch can you check plz?

[opaque monolith]

Also fee 0 USDT for last trade looks strange

[winged marsh]

Looks like your position was liquidated can you elaborate on which difference you refer to?

[opaque monolith]

1237+4514.8+131.1-5530.4=352.5 , and the position was around 600 USDT

[winged marsh]

Can u DM me with your address?

[little sigil]

How did my limit sell for 206.024 INj at 11.59 not get filled when the current price of INJ is at 13.289???
And the next order book buy is at 12.900 for 251.398 INj.

[winged marsh]

Can u DM me with a closer screenshot and your inj address? Can't see much on this one

[little sigil]

I just cancelled the two lower limit sell orders due to INJ being over $13.00 and my limit sells being under the current spot price. Not sure why they didn’t fill.

[valid lion]

@winged marsh

[winged marsh]

This could be normal actually, you can see here: #🧬︲helix-chat message on a related conversation for the matching mechanism. This might answer your question but feel free to DM me with some closer screenshots because I can't see the orderbook at all here

[carmine beacon]

can't see my open position

[winged marsh]

We are aware and currently working on this, sorry about that

[carmine beacon]

anywhere i can check my pos ?

[valid lion]

you cant for now until this is fixed

[winged marsh]

I could give you the API query to see your positions but you wouldn't be able to see the unrealizedPnL

[carmine beacon]

I take it

there are people making washtrading

i hope they will be disqualified

[winged marsh]

https://lcd.injective.network/injective/exchange/v1beta1/positions/SUBACCOUNT_ID

You can paste this query on your browser and basically replace SUBACCOUNT_ID with your subaccount, you can find the ID from the MetaMask pop-up when you try to sign an order (you can attempt to place an order and then cancel it so you just get the ID)

We noticed it happening too but it's not so easy to prevent this, we'll look into a solution to potentially disqualify orders filled from the same account

[carmine beacon]

for sure for the same account

[carmine beacon]

how much we will have to wait to get the rewards after the end of the period ?

[winged marsh]

You'll get them immediately

[arctic notch]

Can you check if the issue is resolved now?

[carmine beacon]

it's reseolved

but now the exchange is down

[winged marsh]

What do u mean?

[carmine beacon]

i don't have anything

no open market

[arctic notch]

Give us a minute, we are restarting the services

[carmine beacon]

okkk

@arctic notch how much time do you think ?

[winged marsh]

It's up

[carmine beacon]

okk the end of the rewards period is 01:00 UTC

?

[winged marsh]

In 9h

[carmine beacon]

@winged marsh

still having an issue

[winged marsh]

Yes, looking into it again..

[valid lion]

Just to mention,,.. on 21.11. (around 5:30) I almost got liquidated, because someone bought almost 2 BTCs on PERP pair.

I thought system is prepared for large institutional traders? Any solution for such kind of system overload?

Value dropped for more than 2000 units on Inj.exch only

[karmic grotto]

are orderbooks not updating for anyone else or just me?

[carmine beacon]

same for me

[lofty ruin]

Yes there is an issue with orderbook updating currently

[carmine beacon]

are the order still executed ?

[lofty ruin]

Yes the orders are being executed. There is some streaming issue with the order book. I have informed the team. We are currently looking into this issue

[carmine beacon]

i can't transfer my token on injective chain ?

[lofty ruin]

From Metamask or ledger?

[carmine beacon]

metamsk

don't see my wallet in wallet tab

[lofty ruin]

Everything seems to work fine at my end

[carmine beacon]

i have some usdt

on injective

but i can't see them

[lofty ruin]

Can you do a hard refresh.. Alternately try logging out and connecting again with MM

[carmine beacon]

it's good ty

@lofty ruin

[lofty ruin]

Please reduce the leverage little bit and you should be fine

Alternatively reduce the purchase quantity and your trade would take place

[carmine beacon]

i have some money on my injective wallet

[lofty ruin]

Either move the money from injective chain to trading account or you got to lower leverage or buying quantity

[carmine beacon]

no but i want to try to send my token on injective chain

a friend need some money and don't want to pay 100$

in gas fees

[lofty ruin]

Then reduce leverage and execute your trade

may be you can execute two trades instead of one

[carmine beacon]

no it's not thta the issue

it's when i withdraw my usdt to his injective address

i get this error and i have alll the fund on my injective chain wallet

[lofty ruin]

Are you sure the funds on injective chain are not being used in some open orders?

[carmine beacon]

they can't because they are not in trading account

[lofty ruin]

OK let me report this issue to the team

[carmine beacon]

for the reward we will have them directly on the wallet ?

[lofty ruin]

Yes

[carmine beacon]

at the time ?

okk great

[lofty ruin]

Once epoch is over. The rewards would be automatically air dropped to the concerned wallets

[carmine beacon]

ok nice

[karmic grotto]

what's going on with btc orderbook..

entered a trade at 56,499 then orderbook wiped and now im down 488%?

[arctic notch]

MMs are restarting their bots

[karmic grotto]

yo am i in danger of getting liquidated all the sudden?

this is a bit messed up

was just trading between myself farming points then this happened..

[runic fiber]

yes no order buy sell

[timber skiff]

Liquidations are only allowed when the MarkPrice (5min TWAP from oracle) drops below your liquidation price.

[karmic grotto]

oh right

oof exchange in maintenance

regretting farming points last minute

[lofty ruin]

you can use https://dex.marsxexchange.com/

also unlimited.exchange is working'

[runic fiber]

how come that i can see transactions on injective explorer, being realized and the trading site is down? is this backlog?

[arctic notch]

exchange up in few mins, disabling maintenance now

[runic fiber]

👍tnx

[arctic notch]

The exchange is back from maintenance, all issues are resolved. 🎉

[glacial hollow]

The price is without decimals?

In the trade tab we have decimals

[arctic notch]

There is an aggregation on the top right corner, you can switch to your desired decimals.

[glacial hollow]

Ok. Thank you

[carmine beacon]

i have bridged some usdt back to my eth wallet

how much time it's gonna take ?

@arctic notch

omg that's fast

nice

[arctic notch]

Takes approx around 3-4 minutes 🙂

[carmine beacon]

that's very good

should add a little info about it on the website

[arctic notch]

we are working on that

[timber skiff]

Sir, we are decentralized. The frontend that was in maintenance is just one of many. And people can also use the API without any frontend for trading. The chain itself was running smoothly all the time.

[valid lion]

Can anyone explain this candle up to $36??? My limits didn't get filled during this spike either. ???????????

[little sigil]

Was this a glitch??

[valid lion]

will INJ/USDT perp go live tomorrow after proposal passes or will it take a few days to put it in?

It will be live on chain when the vote passes, the relayers can decide not to list it immediately.

[valid lion]

nice, thank you!

[undone ridge]

hi how much inj fees do we pay when we bridge inj from eth to inj chain? and are the fees deducted from the inj or i need to have eth ?

[valid lion]

If you bridge eth network to inj chain you need to have ETH in your metamask in order to pay the transaction fee as there is an ETH transaction.

It is recommended to have some INJ in your wallet on the inj chain to cover any transaction fees. Otherwise bridging from INJ chain to network the cost is set at 10$ of the asset that you are bridging

[undone ridge]

yes but to get inj into my inj wallet i need to go through the eth fees ^^ , ill just wait for atom pair to be working so ill get my assets into inj chain with less fees . for erc20 transfer to eth wallet then bridge ill get 2 fees to pay right ? sorry new to this

[valid lion]

There is one transaction to set allowance that is paid only once. After that there is transaction cost when you bridge the asset.

You don't pay gas fee on the receiving end

[undone ridge]

yes i was refering to transfering assets from binance ( 2 fees) binance to eth wallet then the bridge , compared to cosmos hub then bridge to inj chain , the difference in fees are huge

[valid lion]

Yes, then there will be two fees. The best that you can do now is wait for the ATOM pair to be enabled soon

bridge ATOM for much lower cost and save money thanks to the IBC bridge

Here is a tutorial for the bridge https://youtu.be/SspkXnldqHc

[undone ridge]

yes i already tried to transfer atom from binance to cosmoshub then bridged it to inj chain , prety much didnt cost anything , cant wait for the atom pair :p , thanks for the answer

[valid lion]

Nice

[untold quiver]

Injective Pro DEX relay won’t load markets. I’ve been using it daily for weeks and this is the first time I’ve had this problem.

[valid lion]

the team is looking into it

looks like blocks are still going through every few seconds on https://hub.injective.network/

[untold quiver]

I see that.

[valid lion]

wonder if everyone trying out new bots is clogging up the frontend

[untold quiver]

🤷🏻‍♂️

They were playing with some stuff. Volume was off not too long ago…looked like it was double.

[valid lion]

unlimited.exchange just loaded up for me

[valid lion]

One Hub improvement IDEA: Please mark the Governance proposals, which are still in deposit phase with different color as those which are in voting phase, let's say with Grey color. Easier to see their status.

[lofty ruin]

I think currently, the deposit stage and voting stage are written quite clearly and in big font. However, I will pass on the feedback to the team

[nova wigeon]

Congratulations team on rolling out the atom/usdt pair 👍 💯

[valid lion]

Yeah.. I've seen this after I opened all four proposals... That's why... Thx

[valid lion]

is the MarsX team on discord? will they be adding atom/usdt spot and bnb perp to marsx soon?

It is up to them to enable it.

[winged marsh]

They have their own Discord. Picasso, Unlimited and Marsx, you can find the links on the Hub under the Trade section 🙂

[valid lion]

This is the discord of marsx https://discord.com/invite/umJgrrtdhg

[valid lion]

ooo ok thank you!

[undone vortex]

Hi, i want to send some assets from binance to inj chain, shall i do the same to avoid eth gas fee? Can i send inj directly from binance to inj chain avoiding etherium network

[valid lion]

No, you cannot do direct withdrawals to the inj chain

The only for to bridge by avoiding the ETH network is to use our IBC bridge and bridge ATOM

[undone vortex]

Thanks, any tutorial on that. How much fee am i expecting this way.
Also if i send inj directly to metamask from binance one transaction did happen, now if i send inj from metmaak to injective chain, are there going to be second transaction too, with gas fees?

[valid lion]

Check this tutorial https://youtu.be/SspkXnldqHc

You must bridge through here https://hub.injective.network/bridge

[undone ridge]

hi is there the option of opening a short , while having a long on the same asset , kinda like the hedge mode on binance ? or it reduces the short automatically ?

[winged marsh]

Hey, you can open one position per subaccount. Handling different subaccounts is not possible on the FE yet but it is from the API. We'll add this on the DEX as well

[undone ridge]

okay thanks for the quick answer 😄

[somber birch]

How can we get INJ listed on some of these sites:

https://www.coingecko.com/en/dex

https://coinmarketcap.com/rankings/exchanges/dex/

https://dune.xyz/hagaetc/dex-metrics

https://defiprime.com/dex-volume

[remote glade]

Hello

If I get vip discount, use Picasso exchange... how would exchange fees be calculated ?

[winged marsh]

The relayer wouldn't make any difference, it's an on-chain discount and applies on every relayer

[remote glade]

Yes ser and with the 0 relayer fee for picasso:

Is your vip fee discounted first and then the remaining gets a 40% refund ? And also does this mean due to paying less in fees it reduces your trade and earn points per trade ?

[lofty ruin]

The VIP fee is already discounted. There are no refunds.

[remote glade]

Yes ser but how does this work in conjunction with the zero relayer incentive from Picasso relayer

[winged marsh]

Your points and rewards would be the same on your end, also you'd get a discount for the 60% of the fees which you have to pay there's no way around this. Picasso Exchange will return you 40% of the fees but you'll still have to pay the rest 60%, even API traders pay this 60%

[little sigil]

When will there be “stop loss” features on the Injective Pro platform??

[valid lion]

@remote glade Also the trade and earn reward points will not be impacted by zero relayer fee of picasso.

[valid lion]

It is in development but no ETA for now

[karmic grotto]

So I've been farming points by trading between my two accounts, when I open a position I enter same prices on both accounts on opposite trades so my only loss should be fees. Also made sure I've only used limit order on both accounts and one account gets maker fee and the other gets taker fee when opening a position and vice versa when closing so the fee deductions should be even by the time I close the trades. Made sure my trading account balance was same when started, and doing this I could keep the balance between the two even for my trades until the last few hours when it started not adding up. Trade history shows exact same trades on opposing sides and total fees are the same, but my trading account balance can end up differing a few dollars?

[valid lion]

The trading fees for maker and taker are different, thus this is why you have difference

[karmic grotto]

I know, I made sure I got maker fee charged on account 1 and taker on account 2 when opening a position, and then taker fee on account 1 and maker on account 2. By the end the balance should be even and it has been even for the last idk 50+ trades...

I'm probably not explaining well, will try to get screenshots

[karmic grotto]

Found out why. Didn't notice my positions were assigned different leverage despite i set both to 10.. All good

[valid lion]

nice

[valid lion]

having to manually refresh page to see new orders I placed from unlimited.exchange

Reported it, it is a known issue

[valid lion]

Can you please check now

[valid lion]

looks good now 👍

[wanton haven]

I am trying to send some INJ from my Ledger to Inj chain and after approving sigs on my ledger, the DEX screen just shows a constantly turning circle?

[winged marsh]

Hey, have u tried refreshing?

[wanton haven]

just did. nothing

[winged marsh]

Could you try on the hub to see if it's an issue with the Ledger in general or only with the DEX?

Also if that doesn't work try opening a private window (incognito), login to the DEX with the Ledger and make the transfer or clear your cache

[wanton haven]

ok...

[minor heart]

Had a similar issue , closed that tab and reopened it was fixed i hope this works for you ♥️

Also a tip to @wanton haven , whenever you use dex try to have a seperate profile I prefer that less chance of such issues 🌟

[wanton haven]

I'm sorry, what do you mean by having a separate profile?

[minor heart]

You access dex viz one user profile right

I mean having a seperate user profile for that

[wanton haven]

it's a DEX so no user "profile".

[valid lion]

There are no profiles, only connecting through different ERC-20 addresses through metamask or ledger

your inj address is connected to the ERC-20 address

[minor heart]

I mean if you use metamask , you can have that extension on a browser which you don't use much

That is what i meant

[valid lion]

Would be nice to be able to see history of funding paid, and on mobile i would also like to be able to see the current funding rate

[winged marsh]

1. Already implemented on the API side: https://api.injective.exchange/#injectivederivativeexchangerpc-fundingpayments we'll add on the FE
2. Est. Funding Rate is shown on mobile and desktop

[valid lion]

found it on mobile, not the best design for it. would be better if the scrolling bar was always showing so that users know they can move it

and sounds good for the funding 👍

Also the liquidity on perps have been steadily growing. I have much less slippage now

[stray merlin]

This kind of anomaly is a little concerning. At least from the UX pov, it doesn't look good, at all

[valid lion]

Somebody probably messed up their script from the API

We use FBA so this could be normal

[stray merlin]

Yeah, this is the problem, in my opinion. So, at any moment that I send an order at some bizarre prices, the same would happen?

[valid lion]

There is a limit on how much you can go outside the order book and this is not possible to happen through the order book if you go through the relayers as first you would need to take out the orders that are first.

[stray merlin]

Not sure if I follow. So, my order would fill the orders with "regular" prices first, right? In the case shown, it would fill the orders starting from $12.30 and above...

[valid lion]

you cannot jump over orders

For example making a Market order of 5000$ and on 13.3$ you have 2000$ and on 13.50 you have 5000$ sell limit order - you will first fill the order at 13.3$ for 2k and the rest 3k$ left will fill up the next order at 13.5$.

After all of this is done you will have 2000$ left to be sold at 13.5$

even if you set a limit order at higher prices than that it will happen the same. You will fill the orders step by step

[winged marsh]

Nope, based on the FBA you'd be getting your order filled at a worst price than you imagined and the maker would be getting filled at a best price

If you set a buy order for INJ at $1000 from the API it won't be filled at the lowest sell price levels

[stray merlin]

Hmmm, thanks guys.

@winged marsh What was the reason for this approach to be used, instead of the more common, used by other exchanges?

[winged marsh]

The FBA is explained in detail in this article: https://blog.injectiveprotocol.com/injective-exchange-upgrade-a-novel-order-matching-mechanism/ and we've also added some examples in the API docs, see here: https://api.injective.exchange/#examples-limit-order-matching

[stray merlin]

Thanks man

[little sigil]

How is there a wick up to $1,000 on the INJ 4-hour chart????

[valid lion]

Somebody probably messed up their script from the API

We use FBA so this could be normal

[kindred kiln]

Strange, my 11.5 INJ/USDT open order is not filled?

[valid lion]

Somebody probably messed up their script from the API
We use FBA so this could be normal

[winged marsh]

The price never reached that level this was just one order fill, see here: #🧬︲helix-chat message and we've also provided some examples in our API docs on the matching mechanism https://api.injective.exchange/#examples-limit-order-matching

[kindred kiln]

But this K-line is a bit confusing.

[winged marsh]

Yeah we know and looking into this since it can be confusing

[valid lion]

having to manually refresh to get updates on unlimited.exchanged

[valid lion]

Can you please check now

[valid lion]

just checked, still have to refresh manually

yeah me too

should add more hamsters to the servers 😆

[valid lion]

@valid lion Should be fixed now

[valid lion]

nice, seeing updates now, thank you!

[little sigil]

ETH Perpetuals not listed on the INJECTIVE Pro platform.
What’s going on?
@valid lion @winged marsh

[valid lion]

Waiting for info on the problem

[winged marsh]

We're all looking into this, we'll inform everyone when we confirm what happened

[undone ridge]

my eth position was closed at a loss :x is there a place where i can look at the closing price ?

[valid lion]

https://injective.exchange/history

[undone ridge]

ty

there is no data on the history page probably a bug , ill try again latter

[empty socket]

yup, pretty shitty that we are not able to manage our position and everything auto-closed

[winged marsh]

Not a bug, we'll explain everything in an article

[undone ridge]

alright thanks for the response

[valid lion]

btc perp mark price looks stuck again

[little sigil]

What’s going on with BNB???
How can I have an u realized loss over my margin?
No orders in the book and price not reflecting actual price.

[karmic grotto]

I believe this is caused by market makers restarting their bots on the exchange and the actual orderbook on the chain is still fine. As long as mark price, which follows an oracle instead doesn't fall below your liquidation price you should be fine.

[valid lion]

mark price in btc perp looks about right, orderbook mid is still off by 500, is it because not enough people are trading it?

[scenic parcel]

it could because ppl want to close their open positions or different bots use different fair market price models, various reasons

[night berry]

Seems like the boost from proposal #80 has been applied to the wrong market (LINK/USDT instead of INJ/USDT)?

[winged marsh]

It's just a frontend bug, the boosts were applied as per the governance proposal

We'll fix 🙂

[night berry]

Okay, great! Thanks 🙂

[arctic notch]

fixed

[valid lion]

getting "something happened please refresh the page" on unlimited.exchange

@valid lion

it's working again

do they not give you days off @valid lion ?? 🙃

The team does not rest 🚀

[winged marsh]

😎

[valid lion]

make sure you guys remember to eat! can't have our super team starve to death on us!

[little sigil]

Injective pro down?
My order went through but doesn’t display. No chart…. Try to place a new order and it states not enough funds.
What’s going on?
@valid lion

[valid lion]

Team is looking into it

[little sigil]

What was the purpose of the test net if not to get all the bugs out prior to launching the live platform?
This seems to be an ongoing problem lately.
I love the DEX when it works but very stressful when trades are in and the system goes down.

[valid lion]

It should be fixed now

[valid lion]

unlimited.exchange, marsx, and uponly all seem to be down

[winged marsh]

Yeah we're checking

[valid lion]

Team is checking

[little sigil]

This is getting ridiculous.
How can we be expected to trade on a platform that is constantly going down?

I have open orders that were in the money. Not sure where my position will be once it’s up again.

[winged marsh]

The exchange is up now

[runic fiber]

nope

[valid lion]

unlimited and marsx still not working

[sand obsidian]

Still down on my side.

Hub also.

[little sigil]

Still down.

[sand obsidian]

@lyric venture Dex and relayers are down for 30 minutes now, are u aware of this as well?

[winged marsh]

The exchange is back up now, apologies for the downtime we're all working to resolve this as soon as possible

[sand obsidian]

Sure np, are you allowed to share info what went wrong?

[winged marsh]

We're still looking into it, restarted some services to resolve it for now and gathering logs

[sand obsidian]

Ok thx 4 the reply hope you guys find the cause in the logs.

[untold quiver]

Refresh error again.

[winged marsh]

We're restarting some services to have the streaming issue fixed

[valid lion]

hi, any plans to enable downloading of all historical trade/fills for your account to .csv file? would make import to excel, tax planners, etc much easier as current UI only shows last 100

[winged marsh]

Hey, yes we'll work on that but you can also use the API to fetch all your trades with the **skip ** parameter.

[valid lion]

dex down?

Should be fine in a few minutes

@valid lion check now

back normal now

[fast gull]

How to I get test tokens on INJ using Kovan. The kovan faucet only gives 0.1 eth a day and that’s basically the gas fee to bridge to INJ.

?

[valid lion]

@winged marsh

[winged marsh]

Hey, please DM me

[nova wigeon]

Is dex down?

[winged marsh]

Loads fine on my end

Do you get an error?

[valid lion]

Works fine on my end too

[nova wigeon]

Something happened please refresh the page.

[winged marsh]

Could you please DM me?

[naive ridge]

Is there a guide to sending funds to INJ network?

[valid lion]

https://youtu.be/SspkXnldqHc

[elfin hollow]

getting this error message when I tried depositing into trading account on injective pro, does this not work with trezor?

[winged marsh]

Hey, Trezor is actually going to release a firmware update today if everything goes as planned and after that Trezor will be supported:

https://github.com/trezor/trezor-firmware/issues/1272#issuecomment-980799120

[valid lion]

Ok I'm getting myself some GF, nice partnership with Coinbase Venture, Pantera Capital, Dapper Labs & of course Injective Protocol and several others.

@lofty ruin did you know anything about INJ & Ledger?

[lofty ruin]

I did not get you

[valid lion]

not refreshing

[elfin hollow]

still getting the same error message after firmware update

[winged marsh]

We'll have to check if it was included in the firmware update and also test it on our end, we'll announce it when we do and confirm that it's working

[untold quiver]

Something screwed up on the exchange. How did fills happen at 51,318 & 51,430 when ask book is full. The orders should’ve filled at the lowest possible ask.

Some sort of front running???

[valid lion]

#🧬︲helix-chat message

• #🧬︲helix-chat message

[untold quiver]

I think you’re going to need to put an order warning. That’s not how any exchange works.

[winged marsh]

We've put a warning if the price deviates 5% and you're about to place a limit order

[untold quiver]

I think you’re asking for blowback on that one…🤷🏻‍♂️

A limit order chewing into the book, should have the best fills possible up to the limit. I’m sorry, but it doesn’t make sense any other way.

[untold quiver]

Couldn’t the UI create multiple, progressing limit orders if the user placed a limit order above or below the closest ask/bid?

Ask Book:
2.0 @ 503
0.5 @ 502
1.5 @ 501

If a limit buy order was placed for 3 @ 503, couldn’t three limit orders be created in secession by the UI and solve this issue?

Orders:
1st 1.5 @ 501
2nd 0.5 @ 502
3rd 1.0 @ 503

[valid lion]

@arctic notch

[covert cliff]

do Expiry Futures Markets support generic binary outcomes using a third party API as an oracle?

[untold quiver]

I don’t think there’s any expiring futures markets. Only perps.

[covert cliff]

is there a public timeline for expiring futures markets?

[valid lion]

It depends on the community and when we have the needed UI in order to propose it

Cannot provide ETA for now

[elfin hollow]

seems it isn't so far, in that case, my money stuck in inject unable to do anything? or is there an alternative solution?

[elfin hollow]

im using model t actually but somehow still getting the same error message

[winged marsh]

MetaMask has to make an update to provide support for this, I'm checking as well and we will update the community when it's ready

[elfin hollow]

Thank you ser

[valid lion]

is anyone from GBV in this discord? curious if there are plans to list atom/usdt pair for uponly.exchange

[tough shard]

hey there. Shouldn't i be in fee tier #1 if I have 2 injective staked and paid over $100 in fees on the exchange

[tough shard]

or i supposed its not active right now because it would conflict with the astro incentive program ?

[valid lion]

When did you staked?

The tier is updated every 24 hours

[tough shard]

ok i just staked today.

will this result in accumulating less points ?

[valid lion]

Nope

You get points based on the trading fees that you pay

[tough shard]

so the fees are discounted after they are paid?

[valid lion]

When you say points I assume points for the trade and earn rewards

[tough shard]

yes

[valid lion]

Once you get the discount for the fees from staking, you just pay the lower fee

[tough shard]

ok. well the points multiplier is based on the fees paid. 1.8x maker pts, 1.2x taker pts. so saving 5% on fees may not be a great idea

on my part

[valid lion]

Thats up to you 🙂

[tough shard]

🙂

[random ginkgo]

I found burn auction very fascinating. Great work INJ team 👍

[lofty ruin]

Thanks

[livid sluice]

What happens if in last second of the auction two bidders post same bid? How the mechanism work?

[lofty ruin]

Only the first bid would be accepted. This is because once a bid is accepted, the other bid should be higher than the previous bid. If you try to bid the same amount as the highest bid, then your bid would be automatically rejected.

[livid sluice]

So the system is checking up to milliseconds when the bid has been posted?

[lofty ruin]

Yes. And at a time only one bid would be accepted.

[livid sluice]

Ty. Can you check also My question in injective-hub thread?

[valid lion]

if a buy and a sell limit orders for the same price arrive at the same time, do both orders pay taker rates?

Limit orders are considered Maker

Market orders are considered Taker

It doesn't matter on which side you go

[valid lion]

that is not strictly true right? if there is a resting offer for 1 inj @ 10.00 and a limit order comes in to buy 1 inj @ 10, the new limit order that came it would be the taker, not a maker just because it is a limit order

my question is what if order book was say $9 / $10 bid/ask, then at the same time, one limit order comes in to buy at $9.50 and another limit order comes in to sell at $9.50, who pays taker or maker rates? or are both taker rates if they are not resting order?

[winged marsh]

yes

If your order crosses in the endBlocker that would be filled and considered a taker regardless if it's limit, if it doesn't cross it will go to the orderbook as a resting limit order and if it's filled from another order, it would be filled as a maker

[valid lion]

cool, thanks for the explanation!

[winged marsh]

No problem

[untold quiver]

Seems people are resistant to be the taker in a trade due to fees/rewards structure. Maybe best to do 1.4x taker 1.6x maker on perps to encourage more trading???

I liquidity is important as well, but placing order after order with no taker is painful.

[valid lion]

how long is each epoch for setting the fee tier? when does the next epoch begin?

[valid lion]

Fee tiers are updated every 24hours

[valid lion]

so if you are tier 6 you need to pay $3500 in fees every 24 hours? that doesn't sound right

over 30 days bro

not 24h

got it, that makes sense, thanks!

[valid lion]

Band messed up with oracle prices because there was a hack on the CoinMarketCap prices and they are probably using it as a data feed behind the scenes.

[dire silo]

Will this be resolved/reverted all those liquidations? lol

[valid lion]

Its not possible to revert as this is a dex

[empty socket]

in the order book, what this means?

that they sell btc for that price?

and that order bought 1 btc for 3 usd?

[valid lion]

Yes

[empty socket]

wow

if you don't see a problem with that you are living in a dreamworld

[valid lion]

The team are looking into this right now, this issue that Band experienced

[empty socket]

My problem is not about the feed prices. But with the aumont of orders that you have on your order book. A lot of orders to scope btc a 3$

When a normal user can setup that orders also

[valid lion]

Thats was most likely the bots of the MMs

[empty socket]

bot or not, should be the same rules for everyone

if a bot can setup an order why a normal user can setup also?

[valid lion]

I don't know what really happened and who were those that managed to scoop wbtc on perp for 3$

[empty socket]

I have some free time, and I try to setup buys to lower the entry

I just can buy lower than 9720$

you just have a problem to solve than. This isn't my view how an app should work. It's not fair your normal user that you are trying to get in this ecosystem. Because until you have that order of 3$ and 1$ to scope every position will be liquidate because they have order in the book to execute

[winged marsh]

Well people are not supposed to go on an exchange and place buy orders for BTC at 3$, that's not something "normal users" would do. We added a price band on the DEX because these meaningless orders didn't look good on the orderbook, I think these orders were placed long before we added this price band - many weeks ago.

[empty socket]

yup, but with 10$ I can go to sleep and wake up with 10 btc. Well I can't, but that bot can in this situations

while plebs are fighting for some rewards

[paper niche]

you'd wake up with 3btc not 10

[empty socket]

3,3333333333

[sonic bison]

Mentioned this in tg group but also posting here:
It seems that band oracle is having a bug with the price feeds. We’re investigating the issue. From what band told us, situations like this shouldn’t happen as outliers are filtered out and CMC is only one of the sources amongst countless other reputable exchange data sources. But don't worry, there are on-going efforts to refund positions affected by this band oracle issue.

[mental quail]

eth went down to 0.01???

[lofty ruin]

Currently, I am not able to access chart but it did go, it would be on account of wrong price entered. We use an FBA mechanism for order fulfillment

[cursive mica]

Hi, how do I see the transfer history on the Injective chain?

[mental quail]

What's FBA mechanism? If it's wrong price entered, will it be rollback or compensate?

[livid sluice]

When do you plan to have dex on-line?

[sonic bison]

got a nice surprise for you guys 🙂

Should be online in a bit

[lofty ruin]

https://blog.injectiveprotocol.com/injective-exchange-upgrade-a-novel-order-matching-mechanism/

[lofty ruin]

https://api.injective.exchange/#examples

[empty socket]

I had to close my position in another relayer at loss because I didnt want to wake up and lose everything that I had in the position. People like me will be refund as well?

[sonic bison]

We're compiling a list to make all community members happy and will be bringing it to gov forum. Could you provide me with your address?

In total, only 44 positions are affected during the <10 min period, all other positions are safe!

[empty socket]

Yup, mine was "safe" but I had to close it because of uncertainty

[scarlet furnace]

Why you don't use Chainlink oracle?

[sonic bison]

We're working with chainlink on the integration! The canonical upgrade already included the support for chainlink ocr. Chainlink team just needs a little time to publish data onto Injective Chain

[scarlet furnace]

Ok, thanks!

[sonic bison]

When Chainlink OCR is complete, community can vote to switch oracles seamlessly 🙂

[empty socket]

ends in 4zs, if you wanna I can dm full

[sonic bison]

sure

[trail stream]

I guess I was one of them..

[sonic bison]

Don't worry, we're doing some calculations right now and a gov forum posted will be posted to show the addresses and proposed compensation amount for final check.
Follow gov.injective.network if you haven't already

[naive pasture]

would this effect you guys' relationships with the Band team?, just curious.

[lofty ruin]

Why would it? We intend to use both BAND and CHAINLINK.

[untold quiver]

Could I DM you regarding trades?

[sonic bison]

@winged marsh can help out here, what’s the issue?

[untold quiver]

Losses from $0 mark issue.

[winged marsh]

We'll be gathering all the open positions at the time on-chain and make sure to refund everyone in a loss through a gov proposal

[untold quiver]

I understand there’s a governance proposal to refund the affected longs. I have a rather unique situation that won’t be covered.

[winged marsh]

Okay, you can DM me.

[stray ginkgo]

Hey I had a couple positions liquidated would I be considered?

Thanks in advance

[valid lion]

#879436346136080425 message

Yes

all long margins that were affected due to band price feed issue will be refunded

Everything is recorded on chain

[stray ginkgo]

Thanks

[valid lion]

So if you were one of the affected you are covered

[stray ginkgo]

Sweet

Is it in perp or injective or?

Idc tbh anythings good

[valid lion]

I didn't get you there, what do you mean?

[stray ginkgo]

Nvm

That was a hell of a position I had

I won't get it back

In a perpetual

[open bison]

I think you should seriously consider not just a margin refund, but also lost profits based on ETH price and the loss of the position. This is the second Major incident with Eth perpetuals, regardless of who is at fault. Tbh if we lose money on this again, we would be fools to trust it next time. I think compensating actual losses on top of margin, would be cheaper than the loss of confidence in the platform likely to occur otherwise

[night berry]

Team is handling this great IMO anf compensation for any liquidations seems more than fair. In the end it was the Community who voted via Governance on using BAND price feeds, so everyone should be aware of the risks.

[open bison]

I would have pref chain link but I’m not the only voice. Tbh if you do some thought experiment you will realize there is enormous flaw in the concept of blindly accepting a price feed. It is logical that an extreme, unusual price change should cause a flag to be checked, or maybe even pause the market

The fact that a sudden price change from 3700 to 0.01 was simply accepted by the liquidation bot instead of checking other sources for this irregularity is an error of programming

We should go forward understanding that no system is perfect. Obviously an extreme sudden change far beyond several standard deviations must be verified from another source. So no in summation @night berry I do not accept your argument

[lofty ruin]

With regards to Chainlink integration, the work from our end is finished long back. We are essentially waiting for pending tasks to be completed from the end of Chainlink. Bringing the price feeds from Chainlink is a top priority for us also. Rest assure.

[open bison]

In meantime perhaps redesign liquidation bot? to require price feed & last trade of some minimum amount, both simultaneously under liquidation price

[arctic notch]

We have plans to do so and some other safety mechanisms.

[eternal otter]

Try Picasso relayer https://trade.picasso.exchange We are running 2 backend servers to ensure maximum uptime. Pls try and let us know your feedback.

[vapid sable]

We don't have any scheduled maintenance. Last time we went into maintenance was only due to the data feed issue from Band oracle side, which was unexpected and not planned.

[untold quiver]

Refresh error happening

Network error on the hub.

[edgy wraith]

yah

[valid lion]

checking

[undone ridge]

hi i get this error on picasso exchange when i want to validate transaction

im not on metamask im connected on ledger

[valid lion]

Make sure that you have the right ERC-20 address selected

[undone ridge]

yes its the right adress . i get the message when i want to validate the trade

[valid lion]

GIve us a few minutes, there is a refresh error

team is checking

[untold quiver]

3 New pairs. Luna and UST. Awesome job team. 🙌🏼

LUNA/UST PERP

[valid lion]

We will officially announce when everything is ready

[untold quiver]

Ok. 🤐

FYI: block explorer last block was 4hrs ago. I think it got disconnected.

[valid lion]

checking

[valid lion]

fixed now

[livid sluice]

Wow..what happened to reward points in last 7 hours? It almost doubled. Based on fee% and reward mulriplicators there should be cca 30mio in volume on dex in last 7 hour. But can not see it on which markets could this happen?

[strange bison]

Injective pro says there was 17m volume, but picasso says 44m. One of them is wrong probably🧐

[arctic notch]

Picasso is right.

[arctic notch]

There were few big trades that are not reflected yet on the Injective pro relayer I guess

[valid lion]

what happened to eth perp?

Insurance fund got rekt by a big LONG position that got rekt. Someone longed quite a big amount

yikes, is there a way to see the last few trades in that mkt using api?

most likely

the team will re-evaluate and adjust accordingly

thanks, what will happen to open orders? are they all gone b/c insurance fund is 0?

Unfortunately, all open positions get closed as the market is paused

hmm, perhaps there should be a limit on the relayer that prevents people from entering positions that when leveraged would risk more than the insurance fund

the max leverage used was 10x

[valid lion]

That may be a good idea but not sure if it can be implemented

The team will consider all options to further strengthen the high risk trading instruments and insurance funds

[valid lion]

are the liquidation bots the teams or third parties? If the team can control the liq bots, maybe spacing out the liquidations a bit more to allow order books to some time to refill would help

[untold quiver]

Right. I remember when bitmex had low liquidity, the liquidation bots started dropping limit orders into the books about $300-$500 lower or higher than the mark price, rather than market orders. As the mark price went up/down, the limit orders were canceled and replaced higher or lower.

I believe this was a way to allow the market to respond to the liquidation by buying or selling to the liquidation order at a much better price than the current mark, rather than to allow a large liquidation to flush the books as low or high as the market order would take them.

I believe this problem could be fixed just through the liquidation bot acting in the way described above.

[lofty ruin]

Yes, we are looking into implementing something similar.

[tough shard]

Hello, can someone help me. I have USDT on injective, its under balances not trading account balances. You can see it on the explorer. However, in my wallet overview the USDT is not there and the bridge says 0 available.

THanks

[valid lion]

Can you please dm me

[untold quiver]

Is it possible to tell which relay node send a given transaction? If I wanted to track the use of relayers, could that information with scraped from the Blockchain?

Is that information available through the API?

[valid lion]

Give me a few minutes to receive info on that

[valid lion]

Track from which relayer (FE) the transaction was executed or track which node broadcasted it to the chain?

[valid lion]

It is not possible

for relayers you could track this based on fee_recipient/fee_payer on the API

[untold quiver]

It is my understanding that the front end relayer must also run a node to receive the 40% fees? Is that correct? Could you please link me documentation on setting up the node?

[valid lion]

Hey please check the documentation here https://chain.injective.network/run-a-node/keyring.html

also for tech questions you can ask in #🌊｜new-dapp-support #💻︲api-support

[winged marsh]

They don't have to setup an Injective Chain node or exchange BE, at least not necessarily. One could choose to setup the FE and use public endpoints, or one could choose to setup a node and exchange BE to have full control over the infrastructure. To receive the 40% of the fees they just have to modify a parameter with an inj address, it's really simple

[valid lion]

If you run the FE on your own computer and point to public endpoint, would you then pay gas for trades out of the trading or main account?

Ill confirm in a few minutes @valid lion

[valid lion]

Nope, the relayer would

[valid lion]

sorry, not quite understanding the terminology, in this case you mean the public endpoint would pay the gas fee? so the gas does not come out of my own wallet even though I can direct the 40% fees back to myself?

By FE - you mean front end a.k.a you want to be your own relayer

Only relayers can take the 40% of the fees therefore you will be the one that pays the fee through relayer wallet.

[valid lion]

ok yes, then in that case the gas for trade would come of the relayer (myself), so that comes from the main account, not the subaccount/tradingaccount right?

Maybe someone with more technical knowledge could answer better

Maybe this info here will help you - https://api.injective.exchange/#overview-trading-fees-and-gas

You are not a relayer if you boot the dex locally. You are using the public backend services from the public relayer

You can have the public relayer pay gas fees and you can collect the trading fees at the moment

[winged marsh]

Yes, normally that shouldn't be possible but for now we haven't restricted this. If you run locally and trade from a UI, you will get the 40% of the fees (if you tweak the .env) but the gas will still be paid by the address paying the gas for injective.exchange. In the future this will be restricted

[valid lion]

ahhh ok, was wondering about that, thanks to you both!

[arctic notch]

There wont be a public endpoints to use, we provide them for convenience now.

[valid lion]

How long does it take to launch exchange BE and node? Is it open sourced or will it be?

Building a relayer its not very complex but still requires tech skills. It is open source and you can check the github for everything you need - https://github.com/InjectiveLabs/injective-dex
Here are the api docs with examples https://api.injective.exchange/
Here you can read how to run a node https://chain.injective.network/

A detailed guide on how to build and run a relayer is coming

[valid lion]

getting "cosmos account not exists" error on dex across different relayers?

[arctic notch]

There is a chain upgrade happening right now

[valid lion]

ahh ok forgot about that

[untold quiver]

Refresh error again.

Hub and dex

[lofty ruin]

Try now it is working fine

[valid lion]

on the dex, under Portfolio -> Trading Account Holdings , for the ≈ USD part, what pricing source does that use and how often is it polled? it looks significantly off