---
type: source
title: "@mmdhrumil X archive — 100 most recent tweets"
author: "Dhrumil (@mmdhrumil), co-founder Archer Exchange"
url: https://x.com/mmdhrumil
date: 2026-03-09
domain: internet-finance
format: tweet
status: processed
tags: [archer, market-making, on-chain-matching, defi, solana, metadao-ecosystem]
linked_set: metadao-x-landscape-2026-03
curator_notes: |
  Market making infrastructure builder on Solana. Co-founder of Archer Exchange — fully
  on-chain matching with dedicated, writable-only-by-you order books for each market
  maker. Key insight: "prop AMMs did extremely well" — observation about AMM design
  driving Archer's architecture. His 200% confidence on "Solana DeFi overtakes Hyperliquid
  within 2 years" is a trackable prediction. Mechanism design focus on matching and
  execution rather than governance — complementary perspective to the futarchy accounts.
extraction_hints:
  - "On-chain matching architecture — each MM gets dedicated writable-only-by-you order book. New mechanism design pattern."
  - "Prop AMM observation driving design — evidence for how market structure informs protocol design"
  - "'Solana DeFi overtakes Hyperliquid within 2 years' — trackable prediction, potential position candidate"
  - "Connection to existing 'permissionless leverage on MetaDAO ecosystem tokens' claim — Archer provides the market making infrastructure"
priority: low
processed_by: rio
processed_date: 2026-03-11
claims_extracted: ["archer-exchange-implements-dedicated-writable-only-order-books-per-market-maker-enabling-permissionless-on-chain-matching.md", "solana-defi-will-overtake-hyperliquid-within-two-years-through-composability-advantage-compounding.md"]
enrichments_applied: ["permissionless leverage on metaDAO ecosystem tokens catalyzes trading volume and price discovery that strengthens governance by making futarchy markets more liquid.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Market making infrastructure builder perspective. Two extractable claims: (1) novel order book architecture pattern, (2) trackable prediction on Solana vs Hyperliquid. One enrichment connecting Archer infrastructure to existing futarchy liquidity claim. Created entities for Archer Exchange (company) and Dhrumil (person). ~80% signal ratio — focused mechanism design content with minimal noise."
---

# @mmdhrumil X Archive (March 2026)

## Substantive Tweets

### Archer Exchange Architecture
- Fully on-chain matching — each market maker gets dedicated, writable-only-by-you order book
- Permission-less execution with competitive quotes model
- Design inspired by observation that "prop AMMs did extremely well"
- "Best quotes for your trades via fully on-chain matching" vs aggregator models

### Market Making Infrastructure
- Market maker defense strategies — most MM logic is reactive/responsive
- On-chain matching as primitive infrastructure layer
- Solving the execution quality problem for Solana DeFi

### Predictions
- "200% confidence: Solana DeFi overtakes Hyperliquid within 2 years"
- Infrastructure thesis: Solana's composability advantage compounds over time

## Noise Filtered Out
- ~20% noise — community engagement, casual takes
- Strong mechanism design focus when substantive


## Key Facts
- Archer Exchange provides fully on-chain matching with dedicated order books per market maker
- Design inspired by observation that 'prop AMMs did extremely well'
- Dhrumil predicts Solana DeFi overtakes Hyperliquid within 2 years (by March 2028)
