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Perps

All Launched perps are power perpetuals with a power of 2, meaning a 10% rise in underlying asset results in a 21% jump for perps while a -10% drop results in -19%. (Without funding applied)

By design power perpetuals have;

  • No Long / Short Liquidations
  • Funding Rate Innovation
    • No fixed hourly/daily rates like traditional perps
    • Payoff curve rebalancing based on position imbalances
    • Automatic equilibrium prevents excessive long/short dominance

Built on peer-reviewed research from Paradigm with major optimizations