Cryptocurrency Q&A
How does the perp protocol work?
How does the perp protocol work?
CryptoLegend
Sat Oct 26 2024
|
5 answers
1102
I'm interested in understanding the mechanism behind the perp protocol. Could someone explain how it operates and facilitates transactions?
5 answers
Nicola
Mon Oct 28 2024
Perpetual Protocol employs a virtual automated market maker (vAMM) as its core mechanism for price discovery.
Was this helpful?
80
69
Riccardo
Mon Oct 28 2024
This innovative approach enables traders to engage in perpetual contracts that are priced according to the underlying assets.
Was this helpful?
253
69
SsamziegangStroll
Mon Oct 28 2024
The system leverages smart contracts to facilitate the execution of transactions seamlessly and efficiently.
Was this helpful?
365
47
NebulaPulse
Mon Oct 28 2024
These smart contracts are not only responsible for processing trades but also for determining the necessary margins and collateral.
Was this helpful?
294
85
Daniela
Sun Oct 27 2024
By incorporating a vAMM, Perpetual Protocol ensures that the pricing of perpetual contracts remains transparent and fair.
Was this helpful?
110
52
