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Perennial Labs develops an on-chain, non-custodial protocol for decentralized derivatives markets.
Based in California, US, Perennial Labs develops an on-chain decentralized finance derivatives protocol. Its open-source system enables two-sided markets for traders and liquidity providers, with features including leverage, composable positions, and no order books. In December 2022, the company raised USD 12 million in seed funding co-led by Polychain Capital and Variant, with A Capital Partners, Archetype, and Coinbase Ventures participating.
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