Derion Docs
  • Introduction
    • Leverage
    • Compound
    • Power Perpetuals
    • Auto-Deleveraging
  • Existing Challenges
    • Trader Risks
    • Exchange Risks
    • Perpetuals AMM
  • Why Derion?
    • Game Theory
    • Trading Experience
    • Composability
    • Liquidity Efficiency
  • Protocol Design
    • Features
    • Pricing Curve
    • State Transition
    • Price Oracle
    • Liquidity Provision
    • Liquidity Concentration
    • Funding Rate
    • Maturity
    • Opening Fee
  • Guide
    • Trade
      • Long/Short
      • Swap
      • Providing Liquidity
    • Pool Creation
  • Technical Design
    • Universal Token Router
    • Derivative Tokens
    • Helper Contracts
    • LP Management
  • Contracts
    • Addresses
    • API
  • Applications
    • Derivative Backstop Mechanism
    • AMM-LP IL Hedge
    • Initial Future Offering
    • Depeggable Synthetics
  • Tokenomics
    • Liquidity Mining
    • Referral Commission
    • Trader Incentive
    • Rewards
    • Launchpad Partnership
  • Security Audits
  • Whitepaper
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  1. Protocol Design

Pricing Curve

Asymptotic Power Curves

PreviousFeaturesNextState Transition

Last updated 1 year ago

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Asymptotic Power Curves is our innovative Pricing Curve design that makes the vision of Derion feasible in the first place. Thanks to the Asymptotic Power Curves, Derion is able to achieve:

  • NO liquidation at all;

  • Everlasting perpetual future market for all market circumstances;

  • Infinite liquidity, even without liquidity providers;

  • Liquidity elasticity: Impermanent loss and gain, with asymptotic behavior at infinity;

  • Leverage elasticity: Leverage is automatically and continuously capped upon market state transitions and price volatility.

  • Continuous interest rate: to compensate LPs and help them reduce the risk of impermanent loss