Cardano Gets a New Perpetuals Trading Platform
Atlas (
@ATLAS_DEFI_) has opened its Beta Public Mainnet, after months of development and testing,
The launch brings leveraged trading to Cardano (
@Cardano) $ADA, allowing users to take long or short positions on supported crypto assets.
Traders can use market or limit orders and set their own take-profit and stop-loss levels.
Unlike a traditional order book, the DEX uses a unified liquidity pool that acts as the counterparty to trades.
Atlas also lets users deposit stablecoins into its Vault to earn fees generated by trading activity.