Runner626

[image] You’ve probably heard the phrase: “ for perps.” But what does that actually mean? Over the next 30 days, I’m breaking down @PercolatorTrade from its architecture and risk engine to permissionless markets, coin-margined perps, insurance funds, oracles.

[image] DAY 2/30 — Why Perps Need Permissionless Markets Crypto moves fast. A token can go from unknown to millions in volume in days. But getting a perpetual market listed can take much longer. That creates a gap. Here’s where Percolator comes in 🧵

[image] Day 3/30 Pumpfun made token creation extremely simple. You don’t need to build a protocol. You don’t need permission from an exchange. You launch. Percolator applies a similar idea to perpetual markets.