Dax Nash (bullbitaiperpdex)

Dax Nash

Bullbit CTO Architecting the invisible Perp DEX Bullbit.ai

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Recent casts

Million-dollar matching engine? Useless if spam blocks the front door. Most DeFi chains die under fake-order floods. We built the fix.

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1/ Audit is wrapped. Jan 22, 2026. Zero Critical Bugs. But don't mistake this for a participation trophy post. Let me tell you about the "security theater" currently plaguing DeFi. 🧵👇 2/ Most projects treat Audits like a lucky charm. Hire a random firm, run a superficial scan, slap the logo on the landing page, and scream "100% Secure." 🤡 That’s not security; that’s Marketing.

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93.23% Code Coverage. This isn't a vanity metric. It’s evidence of a pathological obsession with safety. Let me decode why this number made Hacken’s auditors break a sweat. 🧵👇 In standard software, 70% coverage is "fine." In DeFi, most projects hit 80% and call it a day for their PR team. Why? Because testing the final 10% takes twice as long as building the actual features.

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Top casts

The Core Problem: Standard Incompatibility. Ethereum runs on secp256k1. Meanwhile, iPhone FaceID and Internet security (TLS) run on secp256r1. Blockchain wallets can't natively read signatures from your phone's security chip. To make them talk, you need a "translator".

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The Solution: RIP-7212. A revolutionary proposal: Embedding secp256r1 verification logic directly into the Node's Precompiled Contract (Low Level), instead of running it on Smart Contracts (High Level). It's like switching from CPU rendering to GPU acceleration. 🚀

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Why is it 2025 and users are still stuck with Seed Phrases? 🤔 The answer isn't bad UX, it's Math. Specifically, a multi-million dollar conflict between two Elliptic Curves. Let's talk about the cost of cryptographic "translation" and how RIP-7212 solves it. 🧵👇

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Onchain profile

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