Previous in the year Component was awarded a grant from the Perpetual Protocol’s grant committee to build

a comprehensive liquidity providing suite. The main goal was to improve the general UX for LPs due to the lack of specialized information available to Perpetual Protocol users.

There is some complex math associated with estimating the performance of an LP position. PerpSim is intended to be a useful tool for crypto hedge funds and retail users alike, moreover PerpSim does a lot to level the playing field between the mathematical tools and resources available to professional market makers and individuals. The analysis of how impermanent loss, leverage, PERP and OP rewards, liquidations and the price at which liquidations occur is important and typically difficult to calculate but not any more.

PerpSim is the ultimate tool for providing liquidity to Perpetual Protocol markets.

Component as a DeFi R&D company mainly builds products and provides services that excel an end user’s ability to make data-informed investment decisions. 

The ecosystem development team within Component seeks to improve the DeFi ecosystem by contributing to a wide variety of protocols on Ethereum and other chains with the above mission in mind.

We’re always looking for new opportunities to build awesome projects and work with great teams. If you’d like to inquire about any potential ecosystem development projects on top of your protocol, please reach out to @componentfi, our DMs are always open.

If you have any questions, feature requests or bug reports for the PerpSim project, please reach out to us on our dedicated #PerpSim channel in the Perpetual Protocol discord. ** **