2025-12-27 20:24:24

A new derivative protocol on StarkNet has come up with a creative solution to the longstanding problem of idle collateral in traditional perpetual trading. Users' margins are no longer sitting idle in accounts with no returns but are automatically funneled into tokenized vaults, earning an APY of 15-30% annually. This is something you won't see on some mainstream derivative platforms.

The data is quite interesting: with a daily trading volume of $500 million, the liquidity pool is only $20 million, which means the capital turnover rate has reached an astonishing 25 times. In other words, the same funds are being reused at a much higher efficiency than in traditional models.

The team behind this project comes from Revolut, which previously provided financial services to 30 million users. They have integrated the operational logic of neobanks into DeFi, aiming to create a smarter trading infrastructure. Such cross-industry thinking is rare in Web3.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
3
Repost
Share

Comment

0/400

SorryRugPulled

· 2h ago

Finally, someone has exposed the pain point of idle margin, 25x capital speed? That number is a bit scary. It was about time to play like this. Perpetual trading in the crypto world should be innovated like this. Revolut team is coming to do it? It indeed looks different, applying neobank logic into crypto is quite interesting. 15-30% APY sounds comfortable, but I’m worried about how long this protocol can last. This is what DeFi should be doing, not just copying templates.

View OriginalReply0

ser_ngmi

· 2h ago

Finally, someone has figured out the idle funds issue. An APY of 15-30% is no joke. --- 25x leverage... Wait, can such a small liquidity pool really hold up? --- Revolut is coming to do DeFi? Alright, at least they understand user psychology. --- Margin can also earn interest. Why hasn't anyone done this before? --- A trading volume of 500 million yen against a 20 million pool sounds a bit unrealistic. --- Moving neobank logic onto the blockchain—creative, but what about stability? --- But this idea really hits the soft spot of traditional exchanges.

View OriginalReply0

DeFi_Dad_Jokes