Introduction
Strike Finance Documentation
Strike Finance Introduction
Strike Finance is a DeFi derivatives protocol revolutionizing perpetual futures trading on the Cardano blockchain.
Perpetuals Trading on Cardano
Strike Finance is the first perpetuals platform to launch on Cardano. Bringing in leverage trading natively. A perpetuals platform allows traders to take a long or short position with leverage. Traders will be able to control a large position with a small upfront collateral.
Strike Token Tokenomics
The STRIKE token serves as the backbone of the ecosystem, that aligns incentives between traders, liquidity providers, and long-term stakeholders. The token introduces governance rights, fee sharing mechanisms, and utility functions that allows trader to take out a larger leverage.
V2 Perpetuals Platform
The upcoming V2 release represents a significant evolution of Strike Finance’s perpetuals. It introduces things such as cross-margin, auto rebalancing of position to prevent liquidation, and multi asset collateral.
Perpetual Futures
Sepculate on an assets price with leverage indefinitely.
Tokenomics
Agreement between two parties to exchange assets at a predetermined date in the future.
V2
Agreement between two parties to exchange interest payments, switching from a fixed lending rate to a variable lending rate and vice versa.