Perps built through looping,
the native way of trading on-chain
Live at: app.contango.xyz/
Spark-y perps coming sooner than you think 馃槑
Example: a few days ago you could pay ~7$ to get 5x leverage on 10 $ETH until Sept '23.
This basis rate is known upfront and baked into your entry price.
So, beside your margin, to go long you just had to pay $0.66*10=$6.6 + gas/trading fees. 馃
It鈥檚 that simple.
(NFA)