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This section is informational. Data comes from public sources and is not investment advice. Digital assets are volatile and may lose value.
Perpetual trading against a shared liquidity pool: depositors in that pool are the counterparty to every trade, and prices come from external oracles. They collect a share of the fees and absorb the outcome of traders' positions — a funding rate stands in for the classic market maker.
A reference description of the project, not investment advice.