Alpaca Finance Releases New Feature On Binance Smart Chain, Kepoin Here!
JAKARTA - The Decentralized Financial Platform (DeFi) Alpaca Finance has announced the launch of the Perpetual Futures Exchange on the Binance Smart Chain (BNB Chain). The Perpetual Exchange Alpaca Finance offers up to 50x leverage on crypto assets such as BTC, ETH, and BNB, making it an attractive choice for speculators and hedges.
According to a BSC report, one of the advantages of the Perpetual Exchange Alpaca Finance is its decentralized nature. Users can control their funds at any time, without the risk of freezing or restricting access.
The transparency of funds is also guaranteed because it is always seen on the blockchain, giving trust to users. In addition, Alpaca Finance has passed 21 professional security audits and has a clean safety track record, making it a reliable choice for traders.
Alpaca Finance has become one of the main players in the DeFi space, with total locked value (TVL) reaching US$366 million (Rp5.4 trillion). The platform operates the largest product in two DeFi verticals, namely Smart Vaults and Leveraged Yield Farming. In its two operational years, Alpaca Finance has proven a very good track record of security in the absence of successfully exploited attacks.
In addition to providing benefits for traders, the Alpaca Finance Perp Exchange also provides opportunities for liquidity players and market makers. Users can provide liquidity by buying ALP tokens that represent their share in pool liquidity for the Perp Exchange. The liquidity Pool consists of blue-chip assets such as BTC, ETH, BNB, USDT, and USDC, and currently offers APY of 19 percent on the deposited funds.
Alpaca Finance plans to fully launch the Perp Exchange on the BNB Chain on April 6, 2023, as well as hold a larger reward campaign. With interesting features and a good safety track record, Alpaca Finance is in a good position to become a major player in the futures perpetual market. Thus, Alpaca Finance continues to strengthen its position as one of the leaders in the DeFi ecosystem with their latest product innovations.