TrueFi Launches First Protocol-to-protocol Lending Portfolio for Perpetual Protocol, Powering Up to $100m in DEX Liquidity
San Francisco, Feb 9, 2022 - (ACN Newswire) - TrustToken, builders of the leading unsecured lending protocol TrueFi, as well as popular stablecoins like TrueUSD, announces its partnership with Perpetual Protocol (PERP), an Ethereum-based decentralized derivatives exchange with up to 10x leverage. As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively priced loans to support even deeper liquidity on Perpetual Protocol. The portfolio opens with a $5 million asset cap, to be expanded over time. The dece...