Fluid's new DEX lets your loan moonlight as a limit order. During beta, the borrowing ceiling is $50,000 per asset.
Fluid opened DEX v2 to a limited beta on Oct. 29. The pitch: pick your own price range on both sides, so collateral can earn lending interest, back a loan and provide trading liquidity at once, and borrowed assets can sit as range orders. Limit orders earn interest while they wait.
The guardrails came from governance proposal IGP-141: $50,000 Liquidity Layer borrow caps on ETH, USDC, USDT and WBTC for each new contract, not each wallet. Three pairs, no new pools, public launch "in the coming weeks."
The same proposal also sent the Fluid Foundation its ~$350,000 October grant.
The beta got a teacup. The foundation got seven of them, same transaction.