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Perps, built through looping the native way of trading on-chain

The most liquid futures in DeFi source

$20B
liquidity

Contango builds futures on top of spot and money markets. By aggregating the +$7B liquidity of spot markets and tapping into the +$13B liquidity of money markets, Contango offers traders a minimal price impact.

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The least volatile funding rate source

20x
less volatile

The funding rate, aka basis rate on Contango, is determined by the lending and borrowing rates on the underlying money markets. This mechanism offers the least volatile funding rates in the industry, 20x less volatile than dYdX.

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A multi-chain experience

14x
up to leverage

Contango is going multi-chain by aggregating multiple money markets, on different chains, with up to 14x leverage.

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Farm rewards while trading

100%
of the rewards

By design, any reward offered on the underlying money markets will be earned by traders on Contango.

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How it works

Contango builds perps by automating looping strategies, through flash loans. When a trader opens a position, the protocol borrows on the money market, swaps on the spot market, then lends back on the money market.

Example: a trader opens a long ETH/DAI position with DAI as margin

VCs
  • parafi logo
  • advanced blockchain ag logo
  • dlab logo
  • angelDAO ventures logo
  • spartan logo
  • coinbase ventures logo
  • jets capital logo
  • cogitent ventures logo
  • bbs finance logo
Trading Houses
  • amber logo
  • gsr logo
  • cumberland logo
  • cms logo
Angels
  • Alex Debridge Finance
  • Andrew MakerDAO
  • Brian Solidity Ventures
  • Tunez CryptoTunez
  • DefiDad 4RC
  • Dim Symbiosis
  • Eric Vessel Capital
  • Fran Superfluid
  • Joshua SCC Investments
  • Juan MakerDAO
  • Julien Stake Capital
  • Larry The Block
  • Loïc Adaptive
  • Marc Zeller Aave Chan Initiative
  • Michael Fantom
  • Mika (ex-Parafi)
  • Mirza Vessel Capital
  • Nicolas Swissborg
  • Nick Kondr DAO
  • Nick Symbiosis
  • Oxbrainjar Composable Finance
  • Richard Obol
  • Vinny CRT Labs
  • Wil Jet Protocol
  • Windra Element Finance
  • Yenwen Perpetual Protocol
with the support of: alpha logo
audited by: abdk logo