TechFlow news — According to official announcements, the on-chain perpetual contract protocol Equation has set a new record in liquidity within three days of its mainnet launch. The total leveraged liquidity in pools such as BTC/USDT and ETH/USDT has surpassed 300 million USDT. During the same period, the risk buffer fund has grown to $2.29 million, with trading volume exceeding $30 million. Currently, Equation's codebase has been open-sourced and has passed audits conducted by industry auditor ABDK.
Equation is a decentralized perpetual contracts protocol built on Arbitrum. Leveraging its innovative BRMM model, Equation offers up to 200x leverage for both traders and liquidity providers (LPs), features the lowest liquidation risk in the industry (0.25%), and allows traders to open positions without position size limits.
