Palmswap is a decentralized crypto-asset trading platform that facilitates perpetual futures trading on Binance Smart Chain (BSC)The exchange offers decentralized perpetual trading that works just as well as centralized platforms, removing barriers to entry so anyone can trade by simply connecting a BSC-supported wallet.
PalmSwap trading
Palmswap will have two protocols. The intention behind these two protocols is to meet the needs of both regular and institutional-level traders. We offer 1% on-chain perpetual options on v100, using a VAMM model, and will soon offer a hybrid infrastructure and order book on v2 to ensure optimal slippage, liquidity, and high-speed settlement of trades.
What can I do on the exchange?
Open a long position (betting that the price of a coin will increase)
Opening a short position (betting that the price will fall)
Set up leveraged trades (trading assets in excess of your wallet balance with borrowed funds without owning the underlying asset)
Order to close the position with profit (once the trigger price is reached, close the position with profit)
Close stop-loss order (lock the loss position once the trigger price is reached)
Conditional order (place a short limit order below the current price, or place a long order above the current price)