Perpetual Protocol launches the Smart Maker beta feature, aimed at optimizing execution prices and reducing slippage for large orders

2023-06-19 08:46:09
Collection

ChainCatcher news, the decentralized perpetual contract protocol [Perpetual Protocol](https://www.rootdata.com/zh/Projects/detail/Perpetual Protocol?k=MzU3) has launched the Smart Maker beta feature, aimed at optimizing execution prices and reducing slippage for large orders in the BTC, ETH, OP, and PERP markets.

It is reported that Smart Maker utilizes over-the-counter (OTC) trading to deepen liquidity in the Perp market, providing liquidity for traders within a certain range for single trades and executing orders on their behalf. When opening large positions in these markets (>$100,000), noticeable improvements in execution prices and slippage can be observed, with each order amount needing to be $500,000 or below. (Source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators