The total leverage liquidity of the on-chain perpetual contract protocol Equation has exceeded 300 million USD

ChainCatcher news, according to official sources, the on-chain perpetual contract protocol Equation has seen a liquidity surge within three days of its mainnet launch, with the total amount of leveraged liquidity pools such as BTC/USDT and ETH/USDT exceeding 300 million USDT. During the same period, the risk buffer fund has grown to 2.29 million USD, and the trading volume has surpassed 30 million USD.

Equation is a decentralized perpetual contract protocol based on Arbitrum. With its innovative BRMM model, Equation can provide traders and liquidity providers (LPs) with up to 200 times leverage while maintaining the industry's lowest liquidation risk (0.25%) and allowing traders to open positions without quota restrictions.

Currently, Equation's code has been open-sourced and has passed the audit by the industry auditing firm ABDK.