Perp Ecological Fund is provided by Perpetual DAO’s partners with 3 million PERP tokens to exchange tokens with ecological projects to improve product experience and liquidity.
Written by: Perpetual Protocol
With the continuous growth of the number of users and transaction behaviors, since June this year, the average daily transaction volume of perpetual agreements has accounted for 83% of the market share. In order to make the perpetual agreement more stable to achieve leading growth in the DeFi derivatives track, today the perpetual agreement officially released the Perp Ecological Fund.
The Perp Ecological Fund is a 3 million PERP Token (valued at 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
- Have good potential and relatively mature product ideas
- Can be integrated with perpetual agreement at this stage
- Can be integrated with perpetual agreements in the future
Thereby improving the product experience/liquidity enhancement and other attributes of the perpetual agreement.
The mutual holding of Token can strengthen the close collaboration between projects to quickly promote the mutual integration of the agreement, and expand more possibilities of cooperation in the future. The perpetual agreement also recruits eco-fund partners from around the world to jointly promote the development of the DeFi derivatives track.
At present, many projects including Charm/dHEDGE/Lemma have become the first batch of cooperation projects of the Perp Ecological Fund.
Charm
Charm Finance is an automated liquidity management protocol based on Uniswap V3. Charm has released multiple vaults, such as the famous Alpha Vault, but it will be favored by users every time it goes online. The current agreement TVL is stable at 5 million U.S. dollars. At the same time, Charm 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 liquidity supply of the perpetual agreement more convenient, and the liquidity provider will more easily deposit USDC to Charm’s Perp liquidity vault (it will cooperate with Charm’s leading product Alpha Vault). Combined) to earn transaction fees.
dHEDGE
dHEDGE is a decentralized asset management agreement that allows fund managers to help fund participants to trade on Synthetix. At present, more than 400 fund managers have conducted more than 700 million US dollars of transactions through dHEDGE. In dHEDGE v2, more will be added. Many agreements, including Perpetual Protocol perpetual agreement. This cooperation with dHEDGE will promote the evolution of the diversified ecosystem of perpetual agreement traders. More professional fund managers will participate in perpetual agreement transactions and introduce the trading experience and strategies of traditional centralized exchanges into sustainability. protocol.
Lemma
Lemma Finance is a basis trading agreement that helps users automatically capture revenue between spot and perpetual agreements. Lemma is currently running on the testnet and will be deployed to the Arbitrum mainnet in the near future, and will be integrated with the perpetual agreement. Users can deposit USDC in 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 more familiar DeFi protocol mentioned above, the Perp Ecological Fund is also closely looking for potential DeFi protocols, hoping to develop and deploy based on the perpetual agreement, and help users of the perpetual agreement provide a better trading experience , And carry out relevant integration around protocol friendliness and maturity.
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