00:00So can 10,000x no liquidation perps in instant meme shorting actually reinvent crypto derivatives?
00:10In today's video, we'll be reviewing Superb, which is a platform that allows you to go 10,000x
00:18leverage with no liquidation. So if you want to check out this platform, the link is in the
00:25description down below so you can get some cool rebates, discounts, bonuses. That sounds pretty
00:31revolutionary, but it also sounds completely reckless, right? We have to be honest, 10,000x is
00:37completely ridiculous. The reality behind Superb is actually far more interesting than just that,
00:44right? In our review, we actually look at one of the strangest derivatives architectures that we've
00:51ever encountered in the crypto markets. Superb's no liquidation perp, which is simply not a normal
00:58perpetual futures position with the liquidation engine actually switched off, right? So
01:06instead, a trader pays a fixed upfront cost and this is for directional exposure to a much larger
01:16underlying notional for a specified period of time. So imagine this, right? So you've got a BTC price
01:24at, say, 60,000 exposures. One BTC contract cost for that would be $10, right? So that creates
01:33approximately 6,000x effective leverage, right? But there's actually a very important distinction to
01:42make that you're not just maintaining a 60,000 margined BTC position. You have purchased a finite
01:51duration derivative for $10, effectively, right? So if the market moves, let's say,
01:58sufficiently enough in your direction, that percentage return on that $10 can become quite
02:06enormous. If it doesn't, then the $10 can be completely lost, right? So there's no conventional
02:12liquidation event because there's no large collateral balance there for liquidation.
02:19So that just leads to what we actually kind of created, which is a decentralized news risk
02:26conversion principle. Removing liquidation does not remove the actual risk, right? It changes the form
02:33of the risks. So traditional perps, you know, traders, they kind of think about things like
02:39maintenance margin, liquidation prices, funding, margin depletion. But superb PSC traders tend to
02:48think about things like the upfront cost, the effective leverage day and then the time to expiring
02:54and things like break-even price move or probability of that move occurring before expiry. And then also
03:00just things like the settlement economics and the maximum premium losses, for example. So
03:06superb actually goes a lot further. It's a, it has a mean perp architecture designed to create a long
03:13and short exposure to very few tokens before conventional borrow and futures infrastructure
03:20kind of develops. That means the platform is attacking one of the biggest institutional gaps
03:25in crypto, which is that spot markets can appear within minutes. Derivatives, I mean, often arrive
03:33much later and superb if they can create that risk managed derivative market quickly enough, right?
03:43Its opportunity may just be bigger than competing for a BTC perpetual volume. It could become the actual
03:50infrastructure for the long tail of the crypto assets. So we've built a proprietary tool which is a
03:56superb no liquidation reality check. You know, instead of showing only effective leverage, the tool
04:02actually calculates the underlying notion of the upfront cost, the effective leverage, the maximum model,
04:08the loss, also the break-even market move, net payoff, ROI on cost, the contractual duration, volatility
04:16scale, the expected move as well. So it introduces that no liquidation reality ratio that compares the
04:22price move required to break even with the volatility adjusted move over the same contract
04:29duration. So, you know, the bigger question that you'd be asking is not, is more than just, you know,
04:35how much leverage, for example, am I getting? The more useful question, I think, in this kind of scenario
04:41would be how far does the market actually need to move and how quickly before this contract actually
04:48makes any economic sense. So superb in itself is very innovative, highly speculative, and those true
04:55things can be definitely true at the same time. So I think it's worth checking out. The link to the
05:01full review is on our main site. The referral code is also down below and the referral link. Let me
05:07know
05:08what your thoughts are. Is this the future of PIP trading? Let me know down below. Like, share,
05:14subscribe, turn on the notification. I'll see you guys in the next videos. Peace.
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