DEXE Trading Statement
Just clarify recent speculations and clear all misleading information:
- We bought a lot of DEXE in 2024
- Sold some DEXE in 2025 for profits
- Bought a lot of DEXE again around 10/10
- Hedged our gains first half of 2026
- When Funding changed to negative, we were forced to close our shorts and increase our cash reserves by selling DEXE spot
End of the story
All our buys and sells were done on CEXes, they all know our UIDs and my words can be easily checked
Shame on all paid KOLs who are spreading misleading information
Cheers
A Texan walks into a pub in Ireland and shouts, “I hear you Irish are a bunch of hard drinkers! I’ll put down $500 to anyone who can drink 10 pints back-to-back!”
The entire pub goes silent.
Nobody moves.
Then one Irishman quietly stands up, and walks straight out the door.
About 30 minutes later, he returns, taps the Texan on the shoulder, and asks, “That bet still good?”
“Sure is!” the Texan says.
The bartender lines up ten pints — full glasses from one end of the bar to the other.
Without a blink, the Irishman downs all 10 pints in a row and slams the last one down like a champion.
The bar ERUPTS with cheers.
The Texan pays the $500 — totally stunned.
He asks, “If you don’t mind me askin’, where’d you run off to for that half hour?”
The Irishman grins, “Oh, I just popped down to the pub around the corner to see if I could do it first.”
Memorial Day leads me to 1) have a great time with family and friends, barbecuing, and listening to good music, 2) reflect on wars in general and those who lost their lives to protect us and our system, and 3) reflect on our country's principles.
I am deeply grateful to those who lost their lives or were harmed in the service of protecting our ability to live in our unique way that is a function of our unique principles. I try to remind myself what those principles are that we have fought and are fighting for—democracy, free speech, equal opportunity, being the land of the free and home of the brave, etc.
That leads me to wonder whether (and doubt that) most Americans could now agree on the principles that bind them and are worth fighting and dying for. Frankly, I am having a tough time reconciling what is now happening with what I grew up learning mattered most and what brought about true American exceptionalism—values that included equal opportunity, rule of law, freedom of speech, diversity of thinking, democracy, openness to good immigration, etc. I really think that we could use a clarification of—perhaps even a referendum about—what our principles are and then what KPIs and surveys can show how we're doing living up to them.
Memorial Day also leads me to reflect on the wars that have occurred repeatedly throughout history in all countries at a scale that, thankfully, few of us living have experienced. While, thanks to the heroic efforts of those who protect us, these major conflicts haven’t happened to most of us in our lifetimes, an objective observer would have to wonder whether such a conflict could happen to us or our children or our grandchildren, which reminds me that we need to focus on principles and ways of operating that will help us avoid such fights.
Then I reflect on all this reflecting I'm doing—and how it’s taking my attention as away from my Memorial Day barbecuing picnic with friends and family which reminds me that I need to prioritize better. Cheers!