Dear CoinEx users,
To provide more trading options, after rigorous reviews, CoinEx will list PERP at 8:30 on February 20, 2021 (UTC). And its trading pair PERP/USDT, will be available on the same day.
About PERP
Website丨Explorer
Perpetual Protocol builds on an Uniswap-inspired automated market maker (AMM) design (constant product curve). Perpetual Protocol’s liquidity pool (k) is virtualized and determined algorithmically. Rather than rely on liquidity providers to determine the curve of a given market, Perpetual Protocol can programmatically set and update the parameters of the virtual AMM (x*y=k) and offer a competitive product for any given market at all times.
PERP Services
1. Deposit: 8:30 February 20 (UTC)
2. Withdrawal: 8:30 February 20 (UTC)
3. Trading pairs: PERP/USDT
4. Opening method: Call Auction
a. Call Auction
9:00-9:50 February 20, 2021 (UTC)
Orders can be placed and cancelled
9:50-10:00 February 20, 2021 (UTC)
Orders can be placed but cannot be cancelled
b. Trading
10:00 February 20, 2021 (UTC)
CoinEx Team
February 20, 2021
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