Perennial
Decentralized derivatives protocolPerennial
@PerennialFollowers15.76 K
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DeFi derivatives built on SolanaPerennial is a decentralized derivatives protocol that offers a straightforward trading experience, a flexible and capital-efficient model for providing liquidity, and a primitive for developers to create DeFi derivatives easily. Perennial acts as a peer-to-pool derivatives AMM that perpetually offers to take the other side of any Taker's position at the oracle price, in exchange for a funding rate that fluctuates based on the utilization of the liquidity pool (similar to Compound and Aave).
Team Members
A
Arjun RaoCo-Founder & CTO
Kevin BritzCo-Founder
Lewis FreibergContributor
Investors
Fundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Seed | $12.00M | -- | 2022-12-06 | + 16 |