CoinVoice has learned that, according to financefeeds, the decentralized derivatives protocol Perennial has announced the launch of Perennial Intents, an innovative perpetual contract intent layer solution aimed at unifying the fragmented liquidity landscape in DeFi.
Perennial founder Kevin Britz stated that currently only a small portion of cryptocurrency trading volume occurs on-chain, and it is scattered across hundreds of L1 and L2 networks. Perennial Intents provides deeper market depth and better price execution by integrating liquidity from on-chain and off-chain trading venues.
It is reported that the agreement combines an off-chain order matching and on-chain AMM settlement hybrid model, while introducing a one-click trading feature and the Perennial Petals points program, which offers double points rewards during the launch period. Currently, Perennial has integrated with major trading platforms such as Kwenta, Siren, Rage Trade, and Cryptex Finance. [Original link]
