ChainCatcher news, the decentralized derivatives platform Surf Protocol announced on platform X that its total trading volume has surpassed 1 billion dollars. To celebrate this milestone, Surf will provide a reward of 100,000 Merl tokens to Surf Traders who have experienced liquidation in the past 30 days.

ChainCatcher message, the decentralized derivatives trading protocol Surf Protocol plans to conduct server maintenance from 5:00 AM to 5:30 AM (UTC) on May 23.The scheduled maintenance period is from 2024/5/23 05:00 to 05:30 (UTC). Please note that during the specified maintenance period, Surf Protocol will be temporarily inaccessible.

ChainCatcher news, the perpetual contract DEX Surf Protocol based on Bitcoin L2 announced the end of its testnet today, with the mainnet launching next week. A total of over 30,000 wallet addresses participated in the testnet, with a total trading volume reaching $250 million.

ChainCatcher message, the decentralized derivatives platform Surf Protocol, led by ABCDE Capital, announced on platform X that it has completed a comprehensive security audit conducted by security firms CertiK and Beosin, and has launched its mainnet on Base.Previously, Surf Protocol launched its testnet on October 30, during which over 12,000 users participated, creating more than 200 trading pairs, and generating a trading volume of 70 million USDT.It is reported that Surf is a permissionless AMM derivatives trading protocol, dedicated to building a "contract version of Uniswap," allowing users to provide perpetual contract liquidity for any on-chain token in a permissionless manner.

ChainCatcher news, decentralized derivatives exchange Surf Protocol announced the completion of a $3 million financing round, led by ABCDE Capital, with participation from OP Crypto and C2 Ventures. The new funds will be used to develop a permissionless Perp DEX (perpetual contract decentralized exchange) based on the Base network.It is reported that Surf Protocol is developing a solution to address the limited range of tradable assets in the Perp DEX market. The compatibility liquidity provision framework created by Surf Protocol, with its unique AMM structure, offers liquidity providers (LPs) more options to balance returns and risks.