Supported by Top Venture Capitalists by Chainwire

London, UK, July 29th, 2024 – Pear Protocol has officially launched its groundbreaking pair trading platform, developed on the Arbitrum blockchain. With backing from prominent investors such as Blockchain Founders Fund, Flow Ventures, and RNR Capital, the platform aims to transform the decentralized finance (DeFi) sector by enabling users to execute pair trades with just one click.

Revolutionary Pair Trading

Pear Protocol is distinguished as the first platform that enables users to smoothly execute pair trades. This innovation allows traders to go long on one asset, such as SOL, while concurrently shorting another asset like LTC, all within a single, efficient on-chain transaction. This functionality empowers users to take advantage of relative value fluctuations between different assets, making it an essential tool for advanced trading strategies.

Commitment to Security

At Pear Protocol, security is of utmost importance. The platform has undergone comprehensive audits to ensure its stability and dependability. Earlier this year, Pear Protocol received a substantial grant from the Arbitrum Foundation, reinforcing its status as a pioneering protocol in the DeFi landscape.

Launching Version 2

After a successful beta phase, Pear Protocol is excited to announce the upcoming launch of Version 2. This iteration will introduce an intent-centric solver network that significantly enhances the platform’s features. Developed in collaboration with SYMM, experts in peer-to-peer bilateral contracts on-chain, this new version allows users to trade over 250 assets in any combination with ease. Traders can go long on ETH while shorting high unlock, high fully diluted value (FDV) tokens such as Worldcoin (WLD) with just one click. Furthermore, the platform offers a suite of tools for charting, net funding, and calculating net profit and loss (PnL), enabling sophisticated trading strategies to be more accessible.

Unparalleled Innovation in DeFi

The cutting-edge technology provided by Pear Protocol offers a unique benefit that is not available on centralized exchanges. This decentralized model ensures enhanced transparency, security, and control for traders.

About Pear Protocol

Pear Protocol is a trailblazing decentralized trading platform that utilizes the Arbitrum blockchain to deliver innovative pair trading functionalities. Supported by top venture capital firms and the Arbitrum Foundation, Pear Protocol is dedicated to exploring new horizons in the DeFi ecosystem.

Join Pear Protocol to celebrate the launch of Version 2 and discover the future of decentralized pair trading!

Contact:
Huf
Co-Founder, Pear Protocol
Email: [email protected]