The Role of Perpetual Protocol in Promoting Decentralized Finance
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Hi Fren, Perpetual Protocol is a decentralized exchange which facilitates the trading of perpetual contracts on the Ethereum blockchain through vAMMs (virtual Automated Market Makers). Unlike the traditional trading of futures, Perpetual Protocol trades futures contracts alongside the adoption of a price discovery medium. It has certain qualities that align with DeFi: permissionless, trustless, and a supporting ecosystem. The features and how it promotes DeFi are explained below.
The Role of Perpetual Protocol in Promoting Decentralized Finance
The Role of Perpetual Protocol in Promoting…
The Role of Perpetual Protocol in Promoting Decentralized Finance
Hi Fren, Perpetual Protocol is a decentralized exchange which facilitates the trading of perpetual contracts on the Ethereum blockchain through vAMMs (virtual Automated Market Makers). Unlike the traditional trading of futures, Perpetual Protocol trades futures contracts alongside the adoption of a price discovery medium. It has certain qualities that align with DeFi: permissionless, trustless, and a supporting ecosystem. The features and how it promotes DeFi are explained below.