Home Finance News Perpetual Protocol (PERP) Derivatives DEX Democratizing Powerful Trading Tools

Perpetual Protocol (PERP) Derivatives DEX Democratizing Powerful Trading Tools

Protocol

Perpetual Protocol V2 “Curie” provides for Scaling and UX enhancements; Cross margin & multi-collateral; Efficient, flexible liquidity; and Path to permissionless markets.

With Curie, Perpetual Protocol is honoring the pioneering work of scientist Marie Curie. Her work established foundational building blocks used in many scientific domains. Her inspiration drives PERP in community in their quest to build foundational building blocks for DeFi.

Decentralized Perpetual Contracts provides for On-chain DEX with highly efficient liquidity provisioning and up to 10x leverage for makers and takers.

PERP are the largest derivatives DEX by daily trading volume. They provide for a world class trading experience that is open to all, powered by the power of public blockchains and L2 scaling solutions. Fast transactions with minimal fees.

Users can trade instantly using vAMM technology. No sign-ups, no middle man, no waiting for counterparties & no wondering if your funds are safe.

Trading crypto assets is just the beginning. Gold, fiat, commodities—Perpetual Protocol will support it all.

The goal of PERP Protocol is to democratize powerful trading tools. Leveraged derivatives trading used to be the exclusive domain of centralized organizations and wealthy individuals. Perpetual Protocol lowers the barrier, making advanced trading tools available to all.

Perpetual Protocol lets you trade a wide range of assets, including short selling, with up to 10x leverage. In addition, you can earn fees by providing liquidity or staking protocol tokens. All this can be done programmatically, or via web3 interfaces.

vAMMs are an innovation by Perpetual Protocol which allows traders to use leverage and short sell, while trading on an AMM style exchange made famous by Uniswap and others. Unlike AMMs, where pools of asset pairs are used to do swaps, vAMMs work with only one asset as collateral for leveraged trades.

Perpetual Protocol’s smart contract code is audited in an ongoing process with auditing firms Consensys and Peckshield. In addition, Perpetual Protocol has purchased coverage for all protocol users from Nexus Mutual and Unslashed Finance to cover users in the event of a smart contract bug or exploit.

Perpetual protocol empowers developers, liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.

Strategic Investors in the Protocol are Binance Labs, Divergence Ventures, Zee Prime Capital, Multicoin Capital, Mechanism Capital, Three Arrows Capital, and ALAMEDA Research.

Perpetual Protocol believe that democratizing crypto-assets can create new opportunities like fundraising (ERC-20), tokenized investments (cToken), and so much more. They believe that disruptive innovation is a much cheaper way to reconstruct an expensive product wins and creates more use cases.

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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