Pairs Trading On-Chain with Pear Protocol 🍐
@pear_protocol brings pairs trading—a strategy from traditional finance—to DeFi. @DaftaryNeel remains optimistic about pairs trading & Pear Protocol for several reasons:
🔹 Untapped Market: Introducing on-chain pairs trading to the crypto space.
🔹 Technological Features: Utilizes multiple liquidity sources and trading engines to enhance user experience.
🔹 Cross-Chain Expansion: Plans to integrate with various blockchains to increase DeFi trading volume.
🔹 Tokenization: ERC-721 trading positions to improve composability within DeFi.
🔹 Early Performance: Achieved over $80M in trading volume with fewer than 1,000 traders.
