VAMM

Our trading model is very different from other exchanges (including AMM-based exchanges). The focus is on:

.The perpetual agreement does not use liquidity / does not require a liquidity provider.

.The perpetual agreement is 100% based on AMM; no order book mechanism is required.

The price on the chain reflects the transaction on the perpetual agreement-the price only causes slippage when opening or closing a position.

Traders use collateral (USDT) to open long or short positions under a given asset. Every time a transaction is made, vAMM will calculate the buying or selling price in the same way as the price calculation in CoinOneSwap or other exchanges that use AMM.