Perps Integration Guide
Version: Perps V2
Synthetix Perpetual Futures (Perps) are a novel perpetual future that combine
- 1.skew-dependant premium/discount function to incentivize rebalancing, and increase composability for assets with a wider range of liquidity profiles,
- 2.funding rate velocity mechanism to create natural price discovery and smooth out funding rate trajectories, and
- 3.hybrid oracles that combine multiple sources, and use signed off-chain price updates to improve performance and reduce cost.
The result is a perpetual future platform that can accommodate large open interest limits, on a wide range of assets, with efficient trade execution.