SAKE is a transaction-driven on-chain decentralized perpetual contract and spot trading protocol. SakePerp.fi is the first on-chain perpetual contract platform with a dynamic AMM market maker mechanism that supports single asset collateralization for liquidity providers.
Liquidity providers provide trading depth for both long and short traders and earn the value of the platform net position by managing positions. Liquidity providers also can make profit by funding fees and hedging.
SakePerp.fi supports DeFi Arbitrage Mining and LP Market Making Mining. 50% of the transaction fees are used to buy-back SAKE tokens and keep them as insurance funds.