How do the usual and familiar Perp Dex work?

As we all know, in the financial system, open-ended contracts are also called open-ended contracts. It is a form of transaction which is an agreement to buy/sell an asset at an unspecified time in the future. It also allows users to trade on margin or leverage (using borrowed funds).

This means that users can trade the face value of an asset (such as #BTC or ETH) while only owning a portion of the asset. For example, users can trade a 500 BTC buy order with a minimum initial capital. Users who are short on funds can borrow money on the platform with appropriate leverage. In this form, users can conduct two-way transactions: buying (long) and selling (short) perpetual contracts.

However, most of the time we have encountered and used these solutions on centralized platforms such as CEX exchanges. Sharing the same idea, there is now a decentralized platform for perpetual markets called Decentralized Perpetual Exchange or Perp DEX.

How does VOOI differ from the Perp Dex type format?

#VOOI First of all, VOOI is not just a Perp Dex, but an aggregator of them. That is, on the VOOI platform, we can trade simultaneously on different Perp Dex, such as Orderly, Kiloex, Hyperliquid, SunFutures and others....

The next feature of #VOOI is the ability to trade in derevatives. This is a great advantage over competitors. Derevatives are less volatile, which helps to attract less risky traders to trade on VOOI.

Soon, the VOOI team will add AI and then an even more exciting battle between the market and traders will begin.

In general, we see that the volume of trading Perp Dex, multiplied over the past year, and this indicates that more and more people come to the trading platforms from the familiar to us, the financial market.

More and more professional traders are coming to crypto, and thus the crypto market is becoming more competent in general and such players are populizing the sphere we have been in for a long time.

VOOI shows us that Perp Dex is simple and straightforward and the concept of multichain trading is becoming more and more popular among traders.