Perennial Launches Innovative Intent Layer to Address DeFi Liquidity Fragmentation

By: blockbeats|2024/12/04 11:15:01
0
Share
copy
ARBARB
--

Perennial has officially launched Perennial Intents, a new intent layer designed for perpetual futures, aimed at integrating decentralized finance (DeFi) fragmented liquidity and providing a centralized exchange-like experience on-chain. By connecting on-chain and off-chain liquidity sources, Perennial Intents brings deeper market liquidity, superior trade prices, and an integrated trading experience, driving the development of the DeFi industry.

Addressing the DeFi Liquidity Fragmentation Challenge

「The emergence of Perennial Intents comes at a critical juncture in DeFi development,」 said Perennial founder Kevin Britz. 「Despite the continuous growth of DeFi, on-chain trading accounts for only a small fraction of the cryptocurrency order flow, and this liquidity is spread across hundreds of L1 and L2 networks. The rise of application chains and standalone AMMs has led to over $10 million in total value locked across 100+ chains (DeFiLlama data), but each has formed a separate financial system. This fragmented liquidity has brought many issues to trade execution, such as increased transaction costs, exacerbated slippage, and limited leverage opportunities.」

By integrating order flow from different sources, Perennial Intents aims to break the liquidity silos. Unlike application chains or AMM pools, the intent layer integrates multi-party liquidity into a unified trading framework to create a more efficient market.

The Hybrid Model of DeFi's Future

While intent layers are not a new concept in DeFi, Perennial Intents introduces a hybrid model that combines off-chain order matching with on-chain AMM settlement. Perennial states that this model can simplify trading through intent-based off-chain order matching and ensure efficient on-chain AMM settlement, providing traders with the best prices. At the same time, liquidity managers can dynamically adjust funds without lengthy collateralization, further enhancing market depth and efficiency.

One-Click Trading and the Perennial Petals Plan

This release also introduces two new features: one-click trading and the Perennial Petals rewards program. Users can now achieve seamless trading with just one collateral account, while the Petals program rewards user trading activity, offering double points in the early stages.

The Arbitrum team has expressed excitement about this release, particularly noting the transformative potential of intention-based derivatives. "Perennial's intention-based derivatives have fundamentally changed DeFi by allowing users to define their transaction objectives, achieving a more efficient and personalized trading experience," said Peter Haymond, Senior Partnerships Manager at Offchain Labs.

-- Price

--

About Perennial

Perennial is a DeFi-native derivatives protocol designed to provide a liquidity backbone for DeFi. With support from top investors like Polychain, Variant, and Archetype, Perennial has facilitated over $28 billion in trading volume. Its ecosystem continues to expand and is closely integrated with platforms like Kwenta, Siren, Rage Trade, and Cryptex Finance.

For more information, visit the Perennial website or join the Discord community.

Contact Information

Marketing Director

Lucas Terry

Perennial

lucas@perennial.finance

You may also like

Galaxy Deep Dive: Is the Bitcoin Four-Year Cycle Still Valid?

Galaxy Research believes that the four-year cycle of Bitcoin is still valid, but the amplitude of the cycle is shrinking. This round's peak is milder, which means that even if the pullback continues, the bottom may be higher than the extreme levels of past cycles.

Value Distribution of Stablecoins

The issuance layer obtains user funds and takes the largest profit margin; the two middle layers rely on traffic, distribution commissions, and underlying infrastructure; the application layer enjoys convenience but has no bargaining power.

On the day of SpaceX's IPO, the first real test of the three perpetual mechanisms

The price has been discovered, and the market surrounding the price is still under construction.

Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?

Anthropic has issued an urgent notice that Claude users may face real-name verification in July. From now on, every time you use Claude, you may need to be prepared with your ID.

After 18 years, blockchain has finally started to head towards the main channel

When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.

SpaceX IPO, Nvidia, and Bitcoin: Why Traders Are Watching More Than Just Crypto in 2026

Bitcoin recently plunged below $60,000 before rebounding, while SpaceX's historic IPO and Nvidia's continued AI momentum captured traders' attention worldwide. Explore why more crypto traders are looking beyond crypto in 2026 and what this shift means for emerging market opportunities.
1,000 BTC Protection Fund
1:1 proof of reserves and on-chain verification to keep your funds secure.
1,000 BTC Protection FundVerify now

Contents

Popular coins

Latest Crypto News

02:42

Data: If ETH falls below $1,738, the cumulative long liquidation intensity on major CEXs will reach $1.103 billion

According to Coinglass data, if ETH falls below $1,738, the cumulative long liquidation intensity on major CEXs will reach $1.103 billion. Conversely, if ETH breaks above $1,920, the cumulative short liquidation intensity on major CEXs will reach $462 million.
02:42

Data: If BTC falls below $63,532, the cumulative long liquidation intensity on major CEX will reach $1.993 billion

According to Coinglass data, if BTC falls below $63,532, the cumulative long liquidation intensity on mainstream CEX will reach $1.993 billion. Conversely, if BTC breaks above $70,135, the cumulative short liquidation intensity on mainstream CEX will reach $853 million.
00:42

Benchmark: The SEC's market structure reform may become the most critical variable for cryptocurrency regulation this year, benefiting tokenized stocks and AMM trading

According to The Block, investment bank Benchmark pointed out in its latest research report that the U.S. Securities and Exchange Commission (SEC) proposed to repeal Rule 611 and Rule 610(e) of Regulation NMS, which could become the "most decisive regulatory change" affecting the market structure of...
00:42

Data: SpaceX ranks 8th in global asset market value, Bitcoin rises to 16th place

According to 8 Marketcap data, SpaceX has surpassed TSMC with a market value of $2.327 trillion, ranking 8th in global assets, currently trailing behind Amazon ($2.65 trillion). The current market value of Bitcoin is $1.34 trillion, having risen 4.47% in the last 24 hours, moving up to 16th place in...
00:42

Data: The current 8-hour average funding rate for BTC across the entire network is -0.004%

According to Coinglass data, the current average funding rate for BTC across the network over 8 hours is -0.004%. Among the current mainstream exchanges, the rate for Binance is -0.0061%, OKX is -0.0074%, Bybit is -0.0012%, and Gate is -0.0067%.
Read more
Community
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com