About Perpetual Protocol
At its heart, Perpetual Protocol seeks to create a perpetual contracts trading protocol that anyone can use. You will be able to trade with good liquidity and low slippage thanks to our innovative vAMM-based exchange.
Similar to trading on Uniswap, you can trade with our vAMMs directly without the need for counterparties. The vAMMs provide guaranteed on-chain liquidity with predictable pricing set by constant product curves. The vAMMs are also designed to be market neutral and fully collateralized.
We use a scaling technology called xDai to increase the speed of trades compared to other Ethereum-based exchanges, as well as to offer zero gas fees on all trades.
Trades on Perpetual Protocol settle in USDC, so all collateral used on the exchange is in USDC.
In the near future, people can open and run new perpetual markets themselves, akin to the liquidity providers on Uniswap.
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