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Use DeUnity-DePerp with a Web3 browser, tutorial

· 3 min read
Taurus
DeUnity

A Web3 browser allows you to trade directly from your favorite non-custodial wallet, while DeUnity-DePerp can still offer you a gasless experience and functional, fast trading.

Connect to the app

Open the DeUnity-DePerp app in your web3 browser, and your primary wallet will automatically connect to the Base network. You can switch to any available network within the app. If your primary wallet has a balance, you can start trading immediately.

Open Web3 browserSearch app.deperp.com
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Set up your wallet

You can activate the smart wallet, which will allow you to make transactions without paying gas fees. Your smart wallet is linked to the main wallet, including transaction approvals. You will only need USDC or any other asset available as collateral.

Go to SettingsActivate smart-wallet
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Top up wallet

Top up your wallet using any available methods. DeUnity-DePerp offers you the option to fund it from any other wallet or exchange. You can also choose from our recommended bridge providers and card providers.

Click on Top UpСopy wallet, or click available options
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Prepare to trade

Authorize the protocol to use your USDC, and choose the available markets for trading!

Approve USDCChoose a market
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Pro mode

Select a mode for trading. The Pro mode allows you to flexibly configure your positions and orders. You can choose Long - the price goes up, and you profit, or Short - the price goes down, and you profit as the asset price falls. You have Market - opening at the current price, and Stop/Limit at the desired price, with the option to add Take-Profit and Stop-Loss. Determine your leverage - it increases your position size.

PROAdvance
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Lite

Lite mode allows you to open positions without the risk of liquidation, with default Take-Profit and Stop-Loss. You can also choose the desired percentage that will determine your profit or loss depending on the price movement.

LitePlace order
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Opening a position

After clicking on "Place Order", wait for blockchain confirmation, which takes up to 5 seconds. After the order is set, the position will open according to your desired price. Your positions and orders will also be displayed on the chart.

Wait confirmationManage on chart
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Manage position and close

Manage your active position. By default, your position is isolated, and the protocol does not have access to your wallet balance without your confirmation. You can also customize orders further or close your position.

Manage your positionСlose the Position
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Manage your portfolio

Manage your portfolio, positions, analyze the dynamics of your portfolio, and review transaction history, which you can view on the blockchain.

Open Web3 browserSearch app.deperp.com
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Why onchain trading with DeUnity-DePerp is Superior?

· 2 min read
Taurus
DeUnity

Stonks

Versatile, Fast Login: Experience seamless access through non-custodial crypto wallets for mobile, browser extensions, and smart wallets linked to your passkeys, messaging accounts, emails, and social networks.

Begin Trading by Connecting Your Wallet: Wallet and Exchanges do not require collecting your personal data.

No Hidden Fees: Enjoy transparent pricing with no surprise charges.

Choose Your Gas Payment Method: You can either pay for transaction fees yourself or let the platform sponsor them.

Optimal Confirmation Speed on L2: Maintain control over your transactions with efficient confirmation times on Layer 2 solutions.

Control Your Coins: Your wallet and exchange do not have access to your funds.

Direct Trading with Smart Contracts: Trade directly with smart contracts, eliminating intermediaries.

Access to Direct Liquidity from the Blockchain: Leverage the direct liquidity available on the blockchain.

Extensive Fiat On-Ramp and Off-Ramp Options: Benefit from a wide variety of fiat on-ramp and off-ramp options within your crypto wallet.

What's Next? Increased Speed: Expect order execution and transaction speeds, as well as price retrieval from oracles, with delays down to 3ms and up to 100k TPS. Enhanced Privacy: Choose whether to mask your transactions on the network with direct private proof. Greater Asset Variety: Access a broader range of assets, including regulated stablecoins and tokenized real-world assets.

Listing Blast, ZRO, ZK

· One min read
Taurus
DeUnity

Listing

New listings on DeUnity-DePerp Perpetual markets.

BLAST/USD Blast is the only Ethereum Layer 2 (L2) with native yield for ETH and stablecoins. Blast's yield comes from ETH staking and Real-World Asset (RWA) protocols, automatically passing the yield back to users.

ZRO/USD LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness

ZK/USD zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech.

Listing ≠ endorsement. Past results don't predict future gains. Trade with knowledge & understand risks. Exercise caution. Not financial advice. DYOR

Artis x DeUnity-DePerp

· 2 min read
Taurus
DeUnity

Artis

Artis Systems: Pioneering Market Making Partnership with DeUnity-DePerp

In a groundbreaking collaboration, Artis Systems announces its strategic partnership with DeUnity-DePerp onchain perpetual exchange, revolutionizing the landscape of decentralized finance. Leveraging Artis's sophisticated market-making prowess and DeUnity-DePerp's innovative onchain perpetual trading, this partnership promises unparalleled liquidity provision and trading efficiency in the burgeoning DeFi ecosystem.

About Artis Systems:

Artis Systems stands at the forefront of secondary market solutions, offering a diverse array of services through its proprietary market-making platform. Driven by a commitment to meeting the bespoke needs of clients, Artis combines cutting-edge technology with a deep understanding of market dynamics.

Unleashing Technological Ingenuity:

At the core of Artis's capabilities lies a fusion of low-latency algorithms and advanced technologies, including machine learning, artificial intelligence, market psychology, and Bayesian statistics. This formidable arsenal empowers Artis to navigate the intricacies of modern markets with unparalleled precision and agility.

Proprietary Frameworks for Strategic Advantage:

Artis's proprietary frameworks form the bedrock of its market-making and arbitrage strategies. From market-neutral to long/short approaches, these strategies are meticulously crafted to capitalize on factors such as order flow dynamics, market depth fluctuations, and market microstructure intricacies. This ensures optimal execution and risk management across diverse market conditions.

Unraveling the Potential of DeUnity-DePerp:

Through its partnership with DeUnity-DePerp, Artis aims to unlock new dimensions of liquidity provision and trading efficiency in the decentralized finance space. By seamlessly integrating its market-making expertise with DeUnity-DePerp's cutting-edge onchain exchange infrastructure, Artis seeks to enhance market depth, and foster vibrant trading ecosystems.

Conclusion:

With its visionary partnership with DeUnity-DePerp, Artis reaffirms its commitment to pushing the boundaries of innovation in decentralized finance. Armed with unparalleled technological prowess and a steadfast dedication to client success, Artis is poised to redefine the future of market making in the DeFi landscape. Stay tuned for further updates as this transformative collaboration unfolds.

Explore: https://artis.systems

Lite update

· 2 min read
Taurus
DeUnity

LiteUpdate

Lite Version Update

In the new Lite version, your security is prioritized: the risk of liquidation is eliminated, and the profit and risk threshold is set at 1%. The initial leverage is 10, but you can always adjust it to suit your needs. Position management is now straightforward: just enter the investment amount and the desired position size, and the profit and risk parameters will automatically adjust. Positions are opened at market price, but after placing an order, you can freely change the risk parameters, set a new stop order, or increase the position margin. For those who seek more customization in pro mode, limit orders, stop orders, take-profit, and stop-loss orders are available.

Play Score Update

Play Score has become even more appealing, now integrated into the rewards and combined with the Game Version chart so you can see your rewards in real-time trading. Play Score is a currency that can be spent on participating in prize pool draws. Learn more about earning Play Score points at the following link: https://www.deperp.com/docs/community/onchain-collaborative

Biconomy SDK v4.4 Update

The Biconomy SDK has been updated to version 4.4, unlocking new possibilities: now you can transfer your smart wallet to another account. This feature will soon be supported in the interface, allowing you to easily transfer smart wallets to other owners. Read more at: https://www.biconomy.io/post/biconomy-account-abstraction-sdk-v4

Coinbase Smart-Wallet Support

Support for Coinbase's smart-wallet adds extra flexibility: you can now use the Coinbase wallet with the passkey feature to make transactions in the web app. Learn more at: https://www.coinbase.com/wallet/smart-wallet

Telegram x DeUnity-DePerp

· 3 min read
Taurus
DeUnity

MiniApp

DeUnity-DePerp Labs has revolutionized the Web3 space by integrating the Ethereum ecosystem, specifically the Layer 2 solution Base, into the Telegram messenger interface. This innovation provides users with the ability to create secure non-custodial wallets that are automatically linked to their accounts through advanced Web3 Auth technology.

Convenience and Security of Integration

Using additional encryption in Telegram, the process of creating a smart wallet becomes simple and secure. The Telegram messenger is initially protected by multiple security layers:

  • Face ID
  • Additional Password
  • Phone Number

These measures ensure a high level of account protection for users. When a user creates a smart wallet through the DeUnity-DePerp app in Telegram, they feel confident thanks to the existing security measures.

Native and Easy to Use

The integration of DeUnity-DePerp into Telegram makes the process of creating and using a smart wallet highly native for the user. When the user opens the app, they automatically gain access to their smart wallet linked to their account. This means they don’t need to go through complex setup or verification processes. Everything happens instantly and seamlessly.

Account Abstraction and Transaction Security

When making transactions through DeUnity-DePerp, they are signed using Biconomy Account Abstraction technology with the permission of the Multi Party Computation (MPC) network. This ensures that each transaction is secure and protected. The user can make transactions with literally one click, and they are instantly sent to the network and confirmed.

Lightning-Fast Transactions and Native DeUnity-DePerp Wallet

One of the key advantages of the DeUnity-DePerp app is its native wallet, which allows users to:

  • Manage the smart wallet
  • Make transactions to other wallets and exchanges
  • Avoid delays in transaction confirmations

This means users can instantly transfer funds without the need to wait for confirmations, significantly speeding up and simplifying the process of using cryptocurrencies.

Conclusion

The integration of DeUnity-DePerp Labs' Web3 ecosystem into the Telegram messenger opens up new possibilities for users, offering them secure, convenient, and fast ways to manage their crypto assets. With advanced technologies like Web3 Auth and MPC, users can be confident in the security of their transactions and smart wallets. This innovative solution makes using cryptocurrencies native and accessible for all Telegram users.

References

Audits

· One min read
Taurus
DeUnity

Audits

The DeUnity-DePerp protocol is undergoing thorough security assessments to ensure the reliability and safety of its platform for all users. A recent security audit was conducted by PeckShield, a recognized leader in cybersecurity and blockchain analytics. You can review the PeckShield audit report via the following link: PeckShield Audit Report.

All audits of the protocol, both current and future, are stored in a public repository. You can track updates and new reports here: DeUnity-DePerp Audits.

Onchain Points

· One min read
Taurus
DeUnity

Points

Onchain points and rewards program established. Each time you perform an action according to the contract, you earn points that are recorded in the on-chain Fuul program.

DeCreadits points is finished - 95.2% of the issued points have been burned, 2% remain among early quest participants, and 2.8% are unclaimed from beta contracts. Rewards will be distributed from the token reward pool. Burn link: https://basescan.org/tx/0xb3be4fe54b16bd571bbf141a46f640ec2a6a0ae335fe4d0881482d4f3cd53fed

Onchain points the program starts in full mode. Complete tasks and participate in prize draws
Subscribe to the quest: https://app.fuul.xyz/points/deperpcom

  • Get 50 points for each opened position conversion. The user who referred you will also get 100 points.
  • Get 33 points for each "Follow us on X" conversion. The user who referred you will also get 33 points.
  • Get 100 points for each opened position on markets with fees conversion. The user who referred you will also get 100 points.
  • Get 50 points for each closed position conversion. The user who referred you will also get 50 points.
  • Get 100 points for each invited trader conversion.

Read more at
https://www.deperp.com/docs/community/onchain-collaborative

Delta Neutral Strategy with Staking & Yield Tokens

· 2 min read
Taurus
DeUnity

Delta

An In-Depth Analysis

You've purchased 1 ETH at a spot price of $3,000 and simultaneously opened a short position for 1 ETH at the same price. Additionally, you're leveraging your ETH in liquid staking to earn supplementary rewards. Let's delve into how this strategy can impact your overall financial position.

Advantages of a Neutral Position with Liquid Staking:

  • Market Risk Mitigation: Regardless of ETH price fluctuations, your core assets and liabilities remain balanced.
  • Additional Income: Liquid staking enables you to earn rewards, such as staking points or interest, enhancing your overall profitability.

Example with Positive Funding Rate:

If ETH price rises to $3,500:

  • Long Position Profit: $500
  • Short Position Loss: $500
  • Plus Positive Funding (e.g., 0.01% per hour for 24 hours): $7.20
  • Staking Income (assuming 5% annual yield): Approx. $0.41 per day
  • Net Result: $500 - $500 + $7.20 + $0.41 = +$7.61

Example with Negative Funding Rate:

If funding rate is negative (0.01% per hour for 24 hours):

  • Long Position Profit: $500
  • Short Position Loss: $500
  • Minus Negative Funding: $7.20
  • Staking Income (assuming 5% annual yield): Approx. $0.41 per day
  • Net Result: $500 - $500 - $7.20 + $0.41 = -$6.79

Risks:

  • Negative Funding: Increases losses on the short position.
  • Liquidation Risks: Rapid price surges can trigger short position liquidations, leading to further losses.
  • Staking Risks: Liquid staking might involve risks like asset lock-ups or reduced yields.

Conclusion:

An ETH neutral position combined with liquid staking aids in managing market risks while simultaneously earning staking rewards. Positive funding rates on DeUnity-DePerp enhance your income, whereas negative rates reduce it, though staking earnings can partially offset these costs.

Exploring Further:

Is it possible to short liquid staking tokens and use them as collateral for opening positions? DeUnity-DePerp is advancing in this domain, positioning itself as a multi-collateral platform recognizing the substantial potential in delta-neutral strategies for liquid staking tokens and yield tokens.

Analyze Funding Rates Aggregated by Coinglass

For more detailed insights on funding rates, refer to the Coinglass Funding Rate Heat Map.

Open Long or Short Positions

To execute your strategies, open positions on DeUnity-DePerp.

Liquid Staking for Ethereum

To explore dApps and platforms offering liquid staking for Ethereum, visit the Ethereum dApps page.

Multi-Collateral Vision

· 3 min read
Taurus
DeUnity

Collateral

Expanding Collateral Options to Enhance Capital Efficiency

DeUnity-DePerp - potential collateral vaults to provide traders with the opportunity to trade against 60+ assets in long and short positions, unlocking broader global trading capabilities and increasing capital efficiency.

USDY: Tokenized Note

  • Overview: A tokenized note backed by short-term US Treasuries and bank demand deposits, USDY provides investors with a secure interest in underlying assets.
  • Key Features:
    1. Asset Security: Holders benefit from a security interest in the backing assets.
    2. Token Creation: New USDY tokens can be generated through subscription.
    3. Redemption Facility: Investors can redeem tokens for principal and accrued yield.
    4. Secondary Market Trading: Tokens are tradable in secondary markets and compatible with various DeFi platforms. https://ondo.finance/usdy

FDUSD: Hong Kong's First 1:1 USD-Backed Stablecoin

  • Overview: FDUSD, the pioneering 1:1 USD-backed stablecoin in Hong Kong, is fully collateralized by cash and cash equivalents, offering seamless redemption for U.S. dollars.
  • Key Features:
    1. Direct Redemption: Tokens can be redeemed at a 1:1 ratio for U.S. dollars.
    2. Asset Security: Assets are securely held in segregated structures, ensuring robustness in the face of bankruptcy.
    3. Technological Sophistication: Leveraging advanced technology for stability and reliability.
    4. Positive Impact: Contributing to a secure financial landscape with its stability and reliability.
    https://firstdigitallabs.com/

Enhancing Market Liquidity with LRT and LST Tokens

Purpose: LRT and LST tokens are instrumental in bolstering market liquidity, empowering users to optimize their asset utilization efficiently.

CBETH: Secure and Streamlined ETH Staking

  • Overview: CBETH offers a secure and streamlined Ethereum staking experience through Coinbase.
  • Key Features:
    • User-Friendly Conversion: Seamlessly convert staked ETH into cbETH with no fees and hassle-free processes.
    • Staking Rewards: Earn Ethereum staking rewards without any lockups, with access to various DeFi applications for additional earnings potential.

https://www.coinbase.com/cbeth

Unlocking Liquid Restaking Potential with pufETH

  • Overview: pufETH, a native liquid restaking protocol on Eigenlayer, unlocks new horizons in restaking capabilities.
  • Key Features:
    • Permissionless Validation: Open to all for validation purposes, fostering inclusivity and decentralization.
    • Native Restaking: pufETH pioneers native restaking functionality on Eigenlayer, setting new standards in restaking protocols.
    • Ethos Alignment: Self-capped to safeguard the Ethereum network, prioritizing its sustainability and security.

https://www.puffer.fi/

Automating Restaking with eETH

  • Overview: eETH, the Liquid Restaking Token by ether.fi, automates ETH staking within EigenLayer, offering enhanced convenience and efficiency.
  • Key Features:
    • Liquid Restaking: Users can stake ETH and automate restaking within EigenLayer for seamless rewards accumulation.
    • weETH Integration: Access wrapped non-rebasing weETH for DeFi ecosystem participation, expanding utility and flexibility.
    • Operational Excellence: ether.fi operates Operation Solo Staker, bolstering Ethereum's decentralization by deploying nodes across diverse geographical regions. https://www.ether.fi/

DeUnity-DePerp allows for the creation of isolated insurance vaults and customization of available markets opened against this asset, enabling traders to use collateral according to their preferences. Thus, expanding collateral possibilities can enhance capital efficiency for both traders and insurance vault owners.