On-Chain Spread Trading Platform Pear Protocol Raises $1.25 Million in Seed Investment Round

Pear Protocol, an on-chain spread trading platform, has raised $1.25 million in its latest seed investment round. The dapp will launch on Ethereum layer-2 Arbitrum and will allow traders to use their entire portfolio as collateral to cover various positions, making it easier to pair trade on decentralized derivative platforms.

Pear Protocol's positions are routed through existing DEX engines and market makers, utilizing their liquidity for all trades. The trading position of the NFT is represented by an ERC-721, which can be easily transferred between different addresses or used as collateral. The platform aims to help various traders, including retail users, trading communities, DAO treasuries, and institutional portfolio managers, create unique narrative-based trades in as little as one click.

Ethereum $3,012.41

-1.65%

Ethereum NFT DAO

Original Link

Comments

All Comments

Recommended for you

Cointime May 3rd News Express

1. The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days
The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days

The Ethereum developers held their 133rd ACDC conference call. First, they outlined the latest research on Ethereum protocol confirmation rules. Then, they discussed Pectra updates related to EIP-7547 and CFI states, and decided to put them on hold temporarily. They also updated the v1.5.0-alpha.1 specification. Regarding the implementation updates for devnet-0, most teams are making progress, but there are also some unexpected complexities. The goal is to complete devnet within 7-10 days.
DWF Ventures announces investment in blockchain game developer Overworld

DWF Ventures announced an investment in Overworld, a chain game developer. Overworld recently announced plans to launch another NFT series, and in addition, Overworld will soon launch the main world arena.
Cointime精选 ·

UNVEILING THE CELESTIAL MASTERY: TREVOR JONES’ CRYPTOANGELS PROJECT

Renowned digital artist Trevor Jones, a visionary in the fusion of traditional art with blockchain technology, is set to transcend boundaries with his latest project, CryptoAngels. This ambitious initiative is not merely an art drop; it’s a comprehensive ecosystem encompassing physical and digital realms, games, and a vibrant community engagement, promising to be a cornerstone event in the NFT landscape of 2024.
Cointime精选 ·

The Future of Ethereum: Use Cases (Part 1)

In our 4-part series named “The Value of Ether”, we have discussed in detail the framework in which we think it is most appropriate to link value accrual to ETH token holders with the underlying mechanics that operate the Ethereum blockchain. More specifically, we have laid out a case on how increased usage of the network has an impact on supply dynamics and can therefore have a knock-on effect on the value of the Ether token.
Cointime April 23th News Express

1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
Cointime精选 ·

Introducing eoracle - the Ethereum Oracle

Ethereum and Bitcoin faced challenges that were overcome with a very cautious approach, resulting in an extraordinary case study for global human coordination. Adding real-world data through oracles as another layer on top of it is a very promising next step. However, so far, we have taken this step forward without the same caution that is fundamental to the journey toward a decentralized ecosystem. Perhaps we were too close to the problem, focusing only on the outcome - making data accessible - and not being mindful enough about the process allowing it.
Cointime精选 ·

The Future of Culture is Tokenized

How Culture Coins could be the future of Crypto.
Cointime精选 ·

NFT Futures: A New DeFi Primitive for a Cultural Based Asset Class

NFT Futures apply the same concept of perpetual swaps to NFTs In doing so, it unlocks a more accessible and two-sided trading experience not available before in the NFT spot market. Although it is too early to judge, the potential value propositions offered by NFT futures have the potential to grow in the NFT market.
Cointime April 5th News Express

1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others