Linear PerpDEX Update: Twitter Spaces Recap

Key Announcements and Upgrades

The latest Twitter Spaces session brought exciting updates to the Linear PerpDEX, showcasing new features and enhancements aimed at improving user experience and ecosystem engagement. Hosted by George (Bus Dev) and Jason (Product Lead), this session provided insights into multi-chain deposit swaps, referral incentives, documentation improvements, and new fee structures. Here’s a full recap of what was discussed.

Multi-Chain Deposit Swaps: Enhancing Accessibility

One of the biggest upgrades to the Linear PerpDEX is the introduction of Multi-Chain Deposit Swaps. This feature is now active on Arbitrum, Base, and Ethereum, with more networks planned for future expansion.

What is Multi-Chain Deposit Swap?

This function allows users to deposit any asset that has a Uniswap v2 pool paired with USDC and automatically convert it into collateral for trading on the Linear PerpDEX.

Why was this feature implemented?

Jason explained that the goal was to align with the Orderly Network Omni-Chain vision — where users no longer have to think about individual blockchains when trading. Much like how a debit card enables seamless foreign currency transactions, this feature eliminates friction, lowers entry barriers, and enhances cross-chain accessibility.

Linear Referral System: A More Flexible Approach

The team introduced a new referral system designed to reward users, well known traders and persons of influence, based on the real impact they bring to the ecosystem through new users acquisition and subsequently increased trading volumes.

How does it work?

Approved traders and influencers can now create custom rebate codes and set their own reward distribution. This means that:

• A user can split referral rewards however they prefer (e.g., 50/50 or 70/30 between themselves and the people they onboard).
• They can choose to keep the entire rebate or distribute it fully to their referrals.
• This flexible system empowers users to run competitions and campaigns, fostering new engagement within the DeFi space.

This update aligns with DeFi’s ethos of user empowerment, giving participants greater control over their rewards and incentives.

User Guide Documentation: A Centralized Knowledge Hub

A long-standing challenge for Linear users has been inconsistent and scattered documentation. With the Marketplace launch, the team started a new documentation repository, and now the PerpDEX documentation has been fully integrated into it.

What’s included?

• A comprehensive guide explaining PerpDEX mechanics.
• A glossary of technical terms, making it easier for newcomers to understand key concepts.
• Enhanced documentation for a more seamless onboarding experience.

George emphasized that clear and structured documentation is essential for removing entry barriers and ensuring a frictionless experience for both new and experienced traders.

Volume and LINA Holder Fee Reductions

A new fee reduction model has been introduced, separate from the existing rebate program. This system rewards traders based on their trading volume and LINA token holdings.

How does it work?

• Users holding LINA on BSC will receive trading fee discounts at different breakpoints.
• A future update will extend these benefits to Ethereum-based LINA holders.
• The team is also exploring a staking mechanism to further integrate LINA into the rewards structure.

Future Developments

George revealed that this is just the first iteration of the program. The team is considering exclusive perks such as premium features, gated access, and promotional rewards as additional incentives for traders and token holders.

What’s Next for Linear?

For the coming months, the focus remains on the PerpDEX and its marketing efforts. The team has partnered with Lunar Strategy for brand refinement and outreach to crypto thought leaders and top traders.

Expect to see increased visibility for Linear Finance across various platforms as these initiatives take shape.

Final Thoughts

Linear Finance continues to innovate, making it easier for users to trade across chains, earn from referrals, and benefit from holding LINA. The PerpDEX upgrades, fee reductions, and improved documentation mark significant steps toward enhancing the platform’s accessibility and usability.

Stay tuned for further updates, and be sure to check out the new features live on the PerpDEX!