Summary

In this conversation, Peter Abilla interviews Kevin Kap, co-founder of WCM, a capital-efficient trading venue. They discuss the origin of WCM, the identification of market inefficiencies, and the importance of capital efficiency in trading. Kevin explains the role of their unique risk engine, the integration of spot, perps, and lending, and how WCM aims to educate users and simplify trading strategies. They also touch on the significance of building on MegaETH and the collaboration with RedStone Oracle, as well as the current stage of WCM and future plans for user engagement.


Takeaways

WCM aims to create a capital-efficient trading venue for users.
The risk engine is designed to minimize liquidation risks.
User education is crucial for understanding new trading strategies.
WCM integrates spot, perps, and lending into one platform.
The team is focused on gathering user feedback through interviews.
Building on MegaETH allows for lower gas costs and faster transactions.
WCM is positioned as a new category in trading, combining exchange and prime brokerage features.
The platform is currently in a private alpha stage, with plans for user onboarding.
RedStone Oracle plays a vital role in the functionality of WCM.
The goal is to make trading accessible and profitable for all users.


Sound bites

"It's like a new category."
"We need to do user interviews."
"We're always looking for feedback."


Chapters

00:00 Introduction to WCM and Its Origins
06:53 Identifying Market Inefficiencies
10:28 Understanding Capital Efficiency
15:02 The Role of the Risk Engine
18:10 WCM: A New Category in Trading
21:48 Target Audience and User Experience
24:40 The Early Days of Omi and Its Impact
25:01 Understanding WCM's Unique Value Proposition
27:04 The Journey of Building on MegaEath
28:12 Choosing the Right Blockchain: L1 vs L2
34:13 The Role of Redstone Oracle in WCM
36:17 User Interviews: A Key to Product Development
40:06 Educating Users on New Trading Concepts
41:58 Current Stage of WCM and Future Plans
44:51 Engaging with the Community and Getting Involved

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