Choose a Market
Perennial offers permissionless market creation, allowing market operators to produce a huge range of products (simple, complex, safe, risky). There are many factors, such as the amount of leverage in a market, the funding fees, and the trading fees, (or lackthereof) that will impact a user's decision of which market to select.
Market | Operator | Oracle | Payoff | Funding Rate (utilization curve) | Open/Close Fees | Maintenance |
|---|---|---|---|---|---|---|
ETH-Long | Protocol owned | 1 * ETHUSD_OraclePrice | { "minRate": 0.00, "maxRate": 0.80, "targetRate": 0.06, "targetUtilization": 0.8 } | 0% | 10% | |
ETH-Short | Protocol owned | -1 * ETHUSD_OraclePrice | { "minRate": 0.00, "maxRate": 0.80, "targetRate": 0.06, "targetUtilization": 0.8 } | 0% | 10% | |
SQTH-Long
(Squeeth) | Opyn | (ETHUSD_OraclePrice ^ 2) / 1000
Note: Re-denomination (dividing by 1,000) keeps the price in easy to work with numbers, it does not affect market dynamics | { "minRate": 0.30, "maxRate": 12.00, "targetRate": 0.70, "targetUtilization": 0.8 } | 0% | 20% |
Market | Operator | Oracle | Payoff | Funding Rate (utilization curve) | Open/Close Fees | Maintenance |
|---|---|---|---|---|---|---|
ETH-Long | Protocol owned | 1 * ETHUSD_OraclePrice | { "minRate": 0.04, "maxRate": 1.20, "targetRate": 0.12, "targetUtilization": 0.8 } | 0.05% | 2% | |
ETH-Short | Protocol owned | -1 * ETHUSD_OraclePrice | { "minRate"": 0.04, "maxRate"": 1.20, "targetRate"": 0.12, "targetUtilization": 0.8 } | 0.05% | 2% | |
ARB-Long | Protocol owned | 1 * ARBUSD_OraclePrice | { "minRate": 0.05, "maxRate": 2.00, "targetRate": 0.24, "targetUtilization": 0.8 } | 0.08% | 2.5% | |
ARB-Short | Protocol owned | -1 * ARBUSD_OraclePrice | { "minRate": 0.05, "maxRate": 2.00, "targetRate": 0.24, "targetUtilization": 0.8 } | 0.08% | 2.5% |
Note: Decimals in funding rate parameters correspond to percents (%)
Last modified 5mo ago