PEAR
Pear
Discover Pear Protocol: The Home of Pair Trading
Pear Protocol is the home of pair trading
Users are able to enter long-short 'pair-trades' with leverage, on-chain, in one click.
For example, do you think Solana will outperform Cardano? You can long the SOL/ADA on Pear, chart it effortlessly, easily view and manage your risk, and then share your position with your community.
All positions only require stablecoins (USDC) as collateral, and up to 60x leverage is available on some pairs.
Growth has been exponential, with over $80m of trading volume since going fully live earlier this summer, earning over $180,000 in protocol revenue in just a few weeks.
The team has the full backing of the Arbitrum Foundation including grants, marketing support and connections within the industry. We have an ambitious roadmap including integrating with Hyperliquid, enhanced trading tools like VWAP and TWAP execution, copy trading vaults, and embedding AI/ML techniques to help identify trending narratives to trade.
Key Features:
Pear Protocol has built a large moat as a first-mover with a unique product:
📈📉 Long and Short in one-click
🕳 Deep liquidity through multiple venues
⏩ Seamless charting of pair trades
🖥 Dedicated UI and UX for managing risk
📊 Embedded data and analytics to inform pair trades
🫂 Strong community of both new and advanced pair traders, coming together to share ideas and insights
Innovative Design and Technology
Pear is the first deployment of intent-centric perpetual trading on Arbitrum. This landmark innovation unlocks the ability for users to execute a myriad of trading opportunities directly against a market maker.
Pear has also introduced thematic baskets e.g. tradeable baskets of memes to long or short.
Each pair trade position is tokenised as one-trade and details such as the net funding, net PnL and average entry and exit prices are calculated for the user.
Milestones and Roadmap
Token Sale Mechanism
This is a Fixed Price Sale (FPS) at a price of $0.02 per token. This implies a $20m FDV.
10% of the $PEAR supply is available and there is no cliff or vesting schedule.
A Camelot Liquidity Pool will be seeded in those 48 hours and in partnership with Camelot, we intend to incentivise LPs for 12 months following the TGE with x$GRAIL.
Token Utility
The $PEAR token is a utility token with 3 major benefits:
1/ 80% revenue share for $PEAR stakers - paid in USDC or ETH
2/ Further fee reductions for traders based on amount of stakedPear held
3/ Ownership and governance in the future of Pear Protocol including any plans for integrations with Centralised Exchanges.
Tokenomics
* Fjord Participants - No cliff and No vesting
* Airdrop - 1% of supply released at TGE + 3 month for early users, additional 1.5% reserved for future airdrops
* Early Supporters - 6 month cliff + 6 vest
* Private, Public and Strategic Rounds - 12 month cliff + 12 m vest
* Team and Advisors - 18 month cliff + 18 m vest
* Treasury - N/A (Treasury tokens will not form part of the circulating supply). Treasury tokens can NOT be staked. A small portion is reserved for strategic token swaps with key partners and to further incentivise traders. The majority of this supply is eligible to be burnt over time.
Platform in action
📹 Watch
Additional Resources
Docs
Pitchdeck\
Education Hub\
Press - Blockworks, CoinMarketCap, investing.com\
Dune Dashboard\
Arbitrum LTIPP Grant\
Audits
Come get your slice of $PEAR
