No Liquidations
Positions never get force-closed. You decide when to exit — the protocol doesn't.
EXNIHILOOut of Thin Air
Long or short on any ERC-20 token. Leveraged trading with no collateral, and no liquidations!
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NFT Positions
Every position is a transferable NFT with on-chain SVG art and live P&L tracking.
No Oracles
Price is derived from the AMM's constant-product curves. No external dependencies.
Fully Permissionless
Anyone can create a market for any ERC-20 token. No admin keys, no governance.