Traders Island

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Traders Island

TRID
Categories:
EVMPerpetualsTradingDeFiDEX

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Latest Price

2023

Year founded

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Total daily revenue

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Total revenue in last 30 days

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TVL

Should I buy TRID?

Logarithmic Perpetual Futures Protocol & Decentralized Derivatives Exchange with Real-World Market Signal from Tier 1 providers to trade perps for socks, commodities, forex, indices, as well as crypto with leverage, reduced liquidation risk and longer exposure periods. Problem as Perpetual Futures have become a dominant financial instrument in crypto assets, on-chain exposure to traditional non-crypto assets remains unavailable because of inconsisten data feeds that lead to outside liquidation risks that leads to protocol instability Solution We solve this with a formal partnership with API3 oracle that provides first party signals from trusted tier 1 market data signals providers plus a novel implementation of the Funding Payment function that lowers liquidation risk by close to 20% and increases exposure times.