Pika Protocol

Pika Protocol is a decentralized perpetuals swap exchange on Ethereum Layer 2, featuring:

• High Leverage: Up to 200x
• Low Slippage: Nearly zero for all pairs
• Wide Range of Assets: Supports over 25 crypto and forex pairs
• Low Fees: Built on Ethereum Layer 2 for low gas fees
• User-Friendly: Swap directly from your wallet without deposits

Key Features:

• Pricing: Uses Pyth and Chainlink oracles for accurate, real-time pricing.
• Order Types: Supports market, limit, stop, take-profit, and stop-loss orders.
• Funding Rate: Balances longs and shorts to reduce liquidity risks.
• Liquidation: Automated liquidation with rewards for liquidators.
• Liquidity Vault: Liquidity providers earn fees and funding payments while covering trader losses.

Fees:

• Execution Fee: ~0.00025 ETH per order
• Trade Fee: 0.05% for ETH/BTC, 0.1% for other crypto pairs, 0.02% for forex

Pika Protocol ensures a seamless trading experience with minimal slippage and low costs.