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Futureswap: an AMM for perpetual swaps
The Block
Wed, Jan 27, 2021 1:23 PM by The Block
Futureswap: an AMM for perpetual swaps
Quick Take Futureswap is a protocol for perpetual swaps that combines an automated market maker (AMM) with funding rate payments. FST tokens are currently being distributed to traders and liquidity providers — or about 0.04% of the supply per day. Futureswap has immediately seen some trading interest with volumes at ~$30 million per day over the past week. However, the question is how much is driven by FST incentives.
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