Overlay Protocol (OV) will conduct its IDO on Ape Terminal

Overlay Protocol #OV , the first-ever exotic perpetuals #DEX on #Arbitrum , will conduct its #IDO on Ape Terminal platform, with the date and details for the sale coming soon.

#Overlay Protocol offers users the ability to build positions on a market or data stream without traditional counterparties. Overlay is Arbitrum's move to compete with rising perp markets like DYDX and Aevo, with significant backing from the Arbitrum foundation, as well as Polychain, 1kx, and ParaFi Capital, among other funds.