Wasabi Perps
Wasabi is a leverage trading protocol: Long, short, and earn on your favorite long tail assets such as memecoins and NFTs. Wasabi’s asset-backed perps keep the position value closely pegged to the underlying asset, reflecting the true price action on your PnL. It also generates additional downstream effects such as moving the spot price with leverage, listing pairs as soon as they launch, and generating low-risk yield opportunities through single sided staking
TVL by chain
About Wasabi Perps
Wasabi Perps is a derivatives protocol deployed across 5 chains, led by Berachain, Blast, Ethereum. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Wasabi Perps against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://app.wasabi.xyz