Contango is a unique decentralized exchange offering expirable futures without order books or liquidity pools. When a trader opens a position, the protocol borrows on the fixed-rate market, swaps on the spot market, then lends back on the fixed-rate market. Contango offers physical delivery and a minimal price impact for larger trades.
Contango main features
Linear and inverse contracts
Choose between linear and inverse contracts, pick an expiry date, define leverage and forget
about the unpredictable costs of funding rates.
Contango borrows on the fixed-rate market, swaps on the spot market, and lends back on the
fixed rate market to replicate the cash flow of a futures position.
Minimal price impact
Contango doesn’t need its own liquidity pool. Instead, it takes advantage of the deep liquidity
pools of underlying protocols to offer a minimal price impact for any trade size.
Every position is tokenized as an NFT enabling other projects to easily build on top of Contango.
At expiry, Contango directly delivers you the asset for the price set when the position was
opened, thus eliminating risks associated with index price manipulation.
📅 Launch Time (UTC)
‼️ Sale Details
- Exchange: TBA
- Token price: TBA
- Token type: TBA
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