Dear Community,
CoinDCX Pro has listed PERP/BTC, PERP/USDT market pairs at the Spot Market on March 19, 2021 and is live for trading.
What Is Perpetual Protocol (PERP)?
Perpetual Protocol builds on an Uniswap-inspired automated market maker (AMM) design (constant product curve). Perpetual Protocol’s liquidity pool (k) is virtualized and determined algorithmically. Rather than rely on liquidity providers to determine the curve of a given market, Perpetual Protocol can programmatically set and update the parameters of the virtual AMM (x*y=k) and offer a competitive product for any given market at all times.
Kindly Note: Crypto trading is subject to high market risk. Please make your trades cautiously. CoinDCX Pro will make best efforts to choose high-quality cryptos, but will not be responsible for your trading losses.
Happy Trading!!!
Team CoinDCX
