Perpetual

Date added:
18 Dec 2021
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Perpetual protocol, formerly known as Strike, was created in 2019 inspired by emerging DeFi protocols such as Synthetix and Uniswap. The team sought to combine the merits of these protocols to create a decentralized perpetual contract trading protocol on Ethereum. The protocol is capable of supporting 20x leverage, short positions, and lower slippage compared to other AMMs thanks to its virtual AMM (vAMM) design.
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