I'm curious about how perps operate. Could someone explain the mechanisms behind their actions and what makes them tick? I want to understand the inner workings of a perp.
5 answers
ShintoMystic
Sat Oct 26 2024
Operating on Optimism's layer 2 blockchain, Perpetual Protocol ensures efficient and secure transactions.
CherryBlossomDance
Sat Oct 26 2024
Users engaging in leveraged trades on Perpetual deposit their funds into a smart contract.
Sofia
Sat Oct 26 2024
This smart contract is designed with pre-specified functionality, granting users complete control over their funds throughout the trading process.
Michele
Sat Oct 26 2024
Perpetual Protocol stands as a pioneering platform in the decentralized finance space.
Eleonora
Sat Oct 26 2024
It leverages the power of smart contracts to facilitate non-custodial trading.