Pharos Network, a Layer 1 blockchain specializing in Real World Assets (RWA), has announced the launch of its decentralized perpetual futures exchange. This initiative is a strategic partnership with Bitverse, a decentralized, non-custodial Web3 wallet. The collaboration aims to deliver a high-performance trading platform for perpetual futures contracts on both cryptocurrencies and US stocks. This allows users to leverage their positions and potentially amplify profits (and losses) without actually owning the underlying assets. Bitverse will play a crucial role as a liquidity provider and ecosystem builder for the Pharos Network. This partnership highlights the growing trend of integrating traditional financial assets with decentralized finance (DeFi) through platforms like Pharos. The exchange promises increased accessibility and innovation within the DeFi landscape. ```