Project introductionFutureswap is a decentralized perpetual future project, which can provide investors with trading, market making and other functions. Users can act as liquidity providers, traders and liquidators. Currently, Futureswap is only on Ethereum, and will be established on Arbitrum later.
In Futureswap, there are three types of users: liquidity provider, trader and liquidator.
Liquidity providers can provide two kinds of tokens to the liquidity pool to add liquidity in the same way as Uniswap, earning handling fees and governance token FST.
Traders can do more short trading, and the profit source can be obtained from successful market judgments.
The liquidator pays attention to the accounts with low margins among traders. Once the margin is lower than a certain level, it will be liquidated. As a result, liquidators obtain some liquidation rewards.
According to Token Terminal data, the TVL of Futureswap has risen steadily in recent days. As of the screenshot, the total TVL was $1.1 billion USD.
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