Revolutionizing DeFi Liquidity with Perennial Intents
Perennial has unveiled a groundbreaking intents layer for perpetual futures, known as Perennial Intents. This innovative solution aims to address DeFi’s fragmented liquidity landscape by delivering a centralized exchange trading experience on-chain. By leveraging liquidity from both on-chain and off-chain sources, Perennial Intents is set to offer deeper markets, improved prices, and a unified trading experience to propel DeFi forward.
Tackling DeFi’s Liquidity Fragmentation
- Fragmented liquidity across numerous L1s and L2s
- Over 100 chains with $10M+ in TVL operating in siloed ecosystems
- Challenges such as higher costs, increased slippage, and limited leverage opportunities
Perennial Intents aims to consolidate order flow into a cohesive liquidity layer, moving away from the fragmented approach seen in appchains and AMM pools. By integrating order flow across multiple venues, this intent-based trading model seeks to create a more efficient and unified system.
A Hybrid Model for the Future of DeFi
- Combination of intent-based off-chain order matching and on-chain AMM settlement
- Streamlining trading with optimal price execution
- Dynamic liquidity management without long-term collateral constraints
Perennial Intents introduces a layered model that merges intent-based off-chain order matching with on-chain AMM settlement. This hybrid approach is designed to ensure optimal price execution for traders while enabling solvers to manage liquidity efficiently, unlocking deeper markets and enhancing overall efficiency.
One-Click Trading and the Perennial Petals Program
- Seamless trading experience with a single collateral account
- Perennial Petals points program rewarding users for trading activity
- 2x points available during the initial launch period
In addition to Perennial Intents, the launch includes one-click trading functionality and the Perennial Petals points program. Traders can now enjoy streamlined trading with a single collateral account, while earning rewards through the Petals program. The team at Arbitrum has expressed excitement for the launch, recognizing the transformative potential of intent-based derivatives in revolutionizing DeFi trading.
About Perennial: Perennial is a DeFi-native derivatives primitive that serves as the liquidity backbone for DeFi. With support from top investors like Polychain, Variant, and Archetype, Perennial has facilitated over $2.8 billion in trading volume. The platform’s ecosystem includes integrations with leading trading interfaces such as Kwenta, Siren, Rage Trade, and Cryptex Finance. For more information on Perennial Intents, users can visit the website or join the community on Discord.
Revolutionizing DeFi Liquidity with Perennial Intents
Introduction
Perennial has introduced a groundbreaking solution to DeFi’s liquidity fragmentation with the launch of Perennial Intents. This unique intents layer for perpetual futures aims to unify the fragmented liquidity landscape in the decentralized finance space and provide a centralized exchange trading experience on-chain.
Tackling DeFi’s Liquidity Fragmentation
Perennial Intents come at a crucial time for DeFi, as the decentralized finance sector has experienced significant growth. However, a large portion of crypto order flow remains off-chain, leading to fragmented liquidity across various L1s and L2s. This fragmentation results in challenges such as higher costs, increased slippage, and limited leverage opportunities. Perennial Intents address these issues by consolidating order flow into a unified liquidity layer, offering a more efficient trading system.
A Hybrid Model for the Future of DeFi
Perennial Intents introduce a layered model that combines intent-based off-chain order matching with on-chain AMM settlement. This hybrid approach aims to streamline trading by integrating order flow across multiple venues, ensuring optimal price execution for traders. The team believes that this model unlocks deeper markets and greater efficiency in the DeFi ecosystem.
One-Click Trading and the Perennial Petals Program
In addition to Perennial Intents, the launch includes two additional upgrades: one-click trading and the Perennial Petals points program. Traders can now enjoy seamless trading with a single collateral account, while the Petals program rewards users with points for their trading activity. During the initial launch period, users can earn 2x points through the Perennial Petals program.
About Perennial
Perennial is a DeFi-native derivatives primitive that serves as the liquidity backbone for decentralized finance. With support from leading investors like Polychain, Variant, and Archetype, Perennial has facilitated over $2.8 billion in trading volume. The platform’s ecosystem includes integrations with popular trading interfaces such as Kwenta, Siren, Rage Trade, and Cryptex Finance.
Contact Information
For more information on Perennial Intents, visit their website or join the community on Discord. Contact Head of Marketing Lucas Terry at [email protected]
Source
Chainwire | 1 hour ago
