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 most liquid futures in DeFi source
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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The least volatile funding rate source
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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A multi-chain experience
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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Farm rewards while trading
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
-
1. Flash loan DAI
-
2. Swap DAI for ETH
-
3. Lend ETH
-
4. Borrow DAI to repay flash loan
- 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