No more market-selling positions upon liquidation that can impact the market price!Written by Shaoku Tien, Senior Software Engineer at Perpetual Protocol.OutlineIntroMarket-selling LiquidationCascading LiquidationSystem Bad DebtPosition-transferring LiquidationInterfacesCondition ChecksCore Calculation LogicLiquidation Fees DistributionGetting A Liquidator's Maximum CapacityConclusion1. IntroHi, this post is a new attempt to introduce smart contract updates by posting articles to explain...

No more market-selling positions upon liquidation that can impact the market price!Written by Shaoku Tien, Senior Software Engineer at Perpetual Protocol.OutlineIntroMarket-selling LiquidationCascading LiquidationSystem Bad DebtPosition-transferring LiquidationInterfacesCondition ChecksCore Calculation LogicLiquidation Fees DistributionGetting A Liquidator's Maximum CapacityConclusion1. IntroHi, this post is a new attempt to introduce smart contract updates by posting articles to explain...

Welcome to our first market review, where we recap the biggest developments in the past month or so, provide some snapshots of the crypto markets and look ahead to Ethereum’s Merge.OverviewNews RecapMarkets SnapshotThe Merge is LoomingUpcoming EventsNews RecapThe crypto market faltered ahead of the Fed’s interest rate decision, then rebounded following a 75-basis-point rate hikeThe Fed raised interest rates by 75 basis points on July 27th, in line with market expectations.The decision by the ...

Welcome to our first market review, where we recap the biggest developments in the past month or so, provide some snapshots of the crypto markets and look ahead to Ethereum’s Merge.OverviewNews RecapMarkets SnapshotThe Merge is LoomingUpcoming EventsNews RecapThe crypto market faltered ahead of the Fed’s interest rate decision, then rebounded following a 75-basis-point rate hikeThe Fed raised interest rates by 75 basis points on July 27th, in line with market expectations.The decision by the ...

Want to learn how to use stop losses effectively? Here are five strategies you can use that will help with stop loss placement and improve risk management when trading crypto. Try out the brand new advanced order types now on Perp v2!1. Support and Resistance ZonesThe first strategy for placing stops is to use support and resistance zones. These can be horizontal supports or resistances in the traditional sense or more dynamic measures. For example, the indicator “Pivot Points Standard” shows...

Want to learn how to use stop losses effectively? Here are five strategies you can use that will help with stop loss placement and improve risk management when trading crypto. Try out the brand new advanced order types now on Perp v2!1. Support and Resistance ZonesThe first strategy for placing stops is to use support and resistance zones. These can be horizontal supports or resistances in the traditional sense or more dynamic measures. For example, the indicator “Pivot Points Standard” shows...

Basis trading is an arbitrage strategy where you go long on an asset in the spot markets and go short using perpetual swaps. Also known as the “cash and carry” strategy, this technique is popular in traditional financial markets and can be applied to the cryptocurrency markets. A typical arbitrage strategy involves buying an asset on one exchange with a lower price and selling it another for a higher price, known as cross-exchange/spatial arbitrage. Basis trading is another delta-neutral stra...

Basis trading is an arbitrage strategy where you go long on an asset in the spot markets and go short using perpetual swaps. Also known as the “cash and carry” strategy, this technique is popular in traditional financial markets and can be applied to the cryptocurrency markets. A typical arbitrage strategy involves buying an asset on one exchange with a lower price and selling it another for a higher price, known as cross-exchange/spatial arbitrage. Basis trading is another delta-neutral stra...

Funding payments may be a difficult topic for traders to grasp if they have little experience with derivatives and have only ever traded spot. This article breaks down everything you need to know about funding payments and how they work.Funding Rates ExplainedIn contrast to trading futures contracts, perpetual contracts never expire so these instruments need a mechanism to keep the price of the contract in line with the underlying asset. The funding rate achieves this, transferring payments b...

Funding payments may be a difficult topic for traders to grasp if they have little experience with derivatives and have only ever traded spot. This article breaks down everything you need to know about funding payments and how they work.Funding Rates ExplainedIn contrast to trading futures contracts, perpetual contracts never expire so these instruments need a mechanism to keep the price of the contract in line with the underlying asset. The funding rate achieves this, transferring payments b...

PERP holders voted overwhelmingly in favor of the v2 tokenomics proposal in April, which suggested the introduction of a vote-escrow model and an update to the growth programs to synergise with the vePERP model. To learn about our plans for vePERP, read on!What is vePERP?vePERP, or ve-tokens in general, is a model to create a long-term alignment between governance participants and the success of the system. Successful growth of a system may depend on offering incentives to its participants, e...

PERP holders voted overwhelmingly in favor of the v2 tokenomics proposal in April, which suggested the introduction of a vote-escrow model and an update to the growth programs to synergise with the vePERP model. To learn about our plans for vePERP, read on!What is vePERP?vePERP, or ve-tokens in general, is a model to create a long-term alignment between governance participants and the success of the system. Successful growth of a system may depend on offering incentives to its participants, e...

As we gradually move to our new tokenomic model, the first use-case for vePERP will be to overhaul the referral reward program! As the first step for phasing out the first iteration of staking and moving to a veToken model (which will be rolled out over several stages), we’ll be distributing referral rewards as vePERP tokens on Optimism in place of mainnet PERP tokens. Effective as of August 8th, 2022, referral rewards will be paid out as vePERP. Another important change to the referral progr...

As we gradually move to our new tokenomic model, the first use-case for vePERP will be to overhaul the referral reward program! As the first step for phasing out the first iteration of staking and moving to a veToken model (which will be rolled out over several stages), we’ll be distributing referral rewards as vePERP tokens on Optimism in place of mainnet PERP tokens. Effective as of August 8th, 2022, referral rewards will be paid out as vePERP. Another important change to the referral progr...

Since the launch of Perp v2, our protocol has driven the highest number of transactions and the greatest amount of perpetual swap volume on Optimism. A lot of new features were released this year that have moved Perp further along in the journey to becoming the ultimate decentralized exchange for perpetual swaps. There are plenty of upcoming developments that will help us achieve the goal of becoming the most composable and transparent exchange for DeFi perpetuals, while also matching the fea...

Since the launch of Perp v2, our protocol has driven the highest number of transactions and the greatest amount of perpetual swap volume on Optimism. A lot of new features were released this year that have moved Perp further along in the journey to becoming the ultimate decentralized exchange for perpetual swaps. There are plenty of upcoming developments that will help us achieve the goal of becoming the most composable and transparent exchange for DeFi perpetuals, while also matching the fea...

OverviewIntroductionMonetary Policy: ELI5Why is Monetary Policy an Important Macro Theme?A Brief History of the Crypto-Macro InterplayThe Role of Inflation and Economic GrowthSummaryIntroductionThe maturation of cryptocurrency as an asset class in its own right and the entrance of institutional investors means that the prices of large-caps like Bitcoin and Ethereum are becoming ever more intertwined with wider financial markets. Rising correlations with the S&P 500 (which tracks the stock per...

OverviewIntroductionMonetary Policy: ELI5Why is Monetary Policy an Important Macro Theme?A Brief History of the Crypto-Macro InterplayThe Role of Inflation and Economic GrowthSummaryIntroductionThe maturation of cryptocurrency as an asset class in its own right and the entrance of institutional investors means that the prices of large-caps like Bitcoin and Ethereum are becoming ever more intertwined with wider financial markets. Rising correlations with the S&P 500 (which tracks the stock per...

Bonjour frens! Several Perp team members were present in Paris for the 5th annual Ethereum Community Conference. Perpetual Protocol (=ↀωↀ=) @perpprotocol Bonjour ETH frens! We're at @EthCC enjoying the talks and networking with other projects Come and grab some Perp stickers from #ETHCC5 at the Maison de la Mutualité today! 22 7:34 AM • Jul 20, 2022 We met up with other teams BUIDLing in DeFi and co-hosted the DAIvinity party, where our French Pepe T-shirt was quickly snapped up (which will s...

Bonjour frens! Several Perp team members were present in Paris for the 5th annual Ethereum Community Conference. Perpetual Protocol (=ↀωↀ=) @perpprotocol Bonjour ETH frens! We're at @EthCC enjoying the talks and networking with other projects Come and grab some Perp stickers from #ETHCC5 at the Maison de la Mutualité today! 22 7:34 AM • Jul 20, 2022 We met up with other teams BUIDLing in DeFi and co-hosted the DAIvinity party, where our French Pepe T-shirt was quickly snapped up (which will s...

The Grants Committee had four new proposals, one new request for proposal applicant and accepted one grant over the past month. Read on to find out more about what great things are being built on Perp v2!Grants Accepted ✅Party FinanceParty Finance allows users to connect with others to trade collectively from one wallet. They will be using Perpetual Protocol as the backend for perpetual swaps on their platform.Grants Under Consideration 🔎Component Finance (Extension Grant)Component Finance a...

The Grants Committee had four new proposals, one new request for proposal applicant and accepted one grant over the past month. Read on to find out more about what great things are being built on Perp v2!Grants Accepted ✅Party FinanceParty Finance allows users to connect with others to trade collectively from one wallet. They will be using Perpetual Protocol as the backend for perpetual swaps on their platform.Grants Under Consideration 🔎Component Finance (Extension Grant)Component Finance a...

‘Whale watching’ is a popular pastime for crypto analysts and investors. Because blockchain data is publicly available, we can monitor the addresses of large crypto HODLers and these sentiment checks on whales offer several advantages to traders:Due to the ability of whales to influence price movements (especially in the short-term), you can use on-chain data to tag along with the trades they execute. By watching their activity on the blockchain, you might discover tokens or contracts worth p...

‘Whale watching’ is a popular pastime for crypto analysts and investors. Because blockchain data is publicly available, we can monitor the addresses of large crypto HODLers and these sentiment checks on whales offer several advantages to traders:Due to the ability of whales to influence price movements (especially in the short-term), you can use on-chain data to tag along with the trades they execute. By watching their activity on the blockchain, you might discover tokens or contracts worth p...