#RedSeptember #BTC #BNB金鏟子 #USDT #perp $MITO Key features of Perpetual Protocol Decentralized perpetual swaps: Users can open leveraged long or short positions on a variety of assets, such as BTC and ETH, without needing a traditional intermediary. Virtual Automated Market Maker (vAMM): Instead of relying on a traditional order book, Perpetual Protocol uses a vAMM to provide on-chain liquidity. This system uses a formula to determine prices and provide liquidity, with trades settled in USDC. Built on Optimism: By operating on the Optimism Layer 2 network, Perpetual Protocol offers faster and lower-cost transactions compared to the Ethereum mainnet. Non-custodial trading: Traders maintain full control of their assets in their own wallets, as funds are deposited into a smart contract rather than a centralized exchange.