Cryptocurrency Q&A
How does the perp protocol work?
How does the perp protocol work?
CryptoLegend
Sat Oct 26 2024
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5 answers
1102
I'm interested in understanding the mechanism behind the perp protocol. Could someone explain how it operates and facilitates transactions?
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5 answers
Nicola
Mon Oct 28 2024
Perpetual Protocol employs a virtual automated market maker (vAMM) as its core mechanism for price discovery.
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Riccardo
Mon Oct 28 2024
This innovative approach enables traders to engage in perpetual contracts that are priced according to the underlying assets.
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SsamziegangStroll
Mon Oct 28 2024
The system leverages smart contracts to facilitate the execution of transactions seamlessly and efficiently.
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NebulaPulse
Mon Oct 28 2024
These smart contracts are not only responsible for processing trades but also for determining the necessary margins and collateral.
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Daniela
Sun Oct 27 2024
By incorporating a vAMM, Perpetual Protocol ensures that the pricing of perpetual contracts remains transparent and fair.
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