With the continuous growth of the number of users and trading behavior, since June this year, the average daily trading volume of the perpetual agreement has occupied 83% of the market share. In order to make the Perpetual Protocol more stable and achieve leading growth in the DeFi derivatives track, today the Perpetual Protocol officially released the Perp Ecological Fund.
The Perp Ecological Fund is a 3 million PERP Token (worth more than 30 million US dollars) provided by the partners of Perpetual DAO. The Ecological Fund will exchange Tokens with projects that meet the following conditions:
Has good potential and has a relatively mature product concept
Can be integrated with the perpetual agreement at this stage
Ability to integrate with perpetual protocols in the future
Thereby improving the product use experience/liquidity enhancement of the perpetual agreement and other attributes.
Mutual holding of Token can strengthen the close cooperation between projects to quickly promote the mutual integration of protocols, and launch more possible cooperation in the future. The Perpetual Protocol also recruits ecological fund partners from all over the world to jointly promote the development of the DeFi derivatives track.
At present, several projects including Charm/dHEDGE/Lemma have become the first batch of cooperation projects of Perp Ecological Fund。
Charm：
Charm Finance is an automated liquidity management protocol based on Uniswap V3. Many vaults that Charm has released have been raised, such as the famous Alpha Vault, but they will be favored by users every time they go online. The current protocol TVL is stable at 5 million US dollars. At the same time, Charm has also launched a number of forward-looking research products, including leveraged tokens, options, etc.
The cooperation between Charm and the perpetual agreement will make the leveraged liquidity supply of the perpetual agreement more convenient, and the liquidity provider will more easily recharge USDC to Charm's Perp liquidity vault (which will be compatible with Charm's leading product Alpha Vault combined) to earn transaction fees.
dHEDGE
dHEDGE is a decentralized asset management protocol that allows fund managers to help fund participants trade on Synthetix. At present, more than 400 fund managers have conducted transactions of more than 700 million US dollars through dHEDGE. In dHEDGE v2, more Many agreements, including the Perpetual Protocol perpetual agreement. This cooperation with dHEDGE will promote the evolution of a diversified ecology of perpetual protocol traders, more professional fund managers will participate in perpetual protocol transactions, and introduce the trading experience and strategies of traditional centralized exchanges into perpetual contracts protocol.
Lemma
Lemma Finance is a basis trading agreement that helps users automatically capture income between spot and perpetual agreements. Lemma is currently running on the test network and will be deployed to the Arbitrum main network in the near future and integrated with the perpetual agreement. Users can deposit USDC into Lemma, and Lemma helps users complete the arbitrage of the price difference between the perpetual agreement and the Uniswap V3 spot market.
In addition to the well-known DeFi protocols mentioned above, the Perp Ecological Fund is also closely looking for potential DeFi protocols, hoping to develop and deploy them based on the perpetual protocol and help perpetual protocol users provide a better trading experience , and integrate related protocols around the friendliness and maturity of the protocol.
