jeff on Nostr: V3 has been out for a couple years now. I've just been learning the details in the ...

V3 has been out for a couple years now.

I've just been learning the details in the last few months.

There is lots of impressive stuff, spanning the capital efficiency improvements, the P&L behaviour of the liquidation positions...all supported by this tick-price convention and data structure that allows price to clear but also balance with quantities as price change.