@jamesonhodge
Range perpetuals by parsa.finance are similar to Uniswap V3 LP positions but differ in three key ways:
- They lack swaps, focusing on speculation over liquidity provision
- Tick liquidity/pricing is driven by market dynamics and participant behavior, while in Uniswap V3, it scales linearly with tokens deposited within a range
- They use a funding mechanism to reward traders who buy ticks around the current price, driving activity toward positive-yielding ticks
Range perps combine dynamic tick pricing and a funding mechanism to create speculative opportunities with non-linear payoffs, similar to Uniswap V3 LPs, but tailored for trading directional or volatility-based price movements instead of providing liquidity.
0 reply
0 recast
1 reaction