Perennial
Perennial is a native derivatives primitive of decentralized finance that efficiently leverages capital to create two-sided markets for trading exposure to the price data source of an underlying asset.Perennial serves as a peer-to-pool derivatives AMM, continuously taking the opposite side of any taker’s position directly at the oracle price in exchange for a funding rate that fluctuates according to liquidity pool utilization.
Overview
Perennial is a native derivatives primitive of decentralized finance that efficiently leverages capital to create two-sided markets for trading exposure to the price data source of an underlying asset.Perennial serves as a peer-to-pool derivatives AMM, continuously taking the opposite side of any taker’s position directly at the oracle price in exchange for a funding rate that fluctuates according to liquidity pool utilization.
- Sector
- # Other
- Ecosystem
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Team
Team information has not been disclosed.
Funding history
1 disclosed rounds- Seed
12,000,000 USD
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