SeiPerps is a DeFi platform on Sei Network, leveraging a Liquidity Book AMM that uses discrete price bins to enhance liquidity and reduce slippage for traders. It enables capital efficiency and offers a solution for zero-slippage trades.
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The Liquidity Book AMM organizes liquidity into specific price ranges known as “bins.” Each bin allows liquidity providers to allocate capital more efficiently to certain price points, reducing slippage and allowing for targeted liquidity provision.
Liquidity Shapes: Providers can design custom liquidity shapes by placing liquidity in specific bins. A concentrated liquidity shape focuses capital around the current market price, while a broader shape spreads liquidity over wider ranges, balancing risk and rewards.
Price Impact Mitigation: By discretizing liquidity into bins, large trades are spread across multiple bins, reducing overall slippage.
Differences from Traditional AMMs
Unlike traditional AMMs (such as Uniswap V3), SeiPerps’ Liquidity Book uses structured liquidity allocation within price bins, optimizing capital efficiency and providing greater control to liquidity providers.
- Price Bins: Traders execute transactions within specific price ranges, reducing slippage compared to traditional models.
- Customizable Liquidity Shapes: Liquidity providers can allocate capital to specific price points for higher returns.
- Dynamic Fee Structure: Fees adjust based on market volatility, compensating liquidity providers during periods of high risk.
Total Supply: 500 Million SEIP tokens
SEIP is the native token of SeiPerps, designed to incentivize liquidity provision, governance, and staking. Below is the detailed token distribution breakdown:
- Liquidity Providers (50% - 250,000,000 tokens):
Encourage users to provide liquidity, ensuring low slippage and efficient market operations.
Liquidity Mining: Users contribute tokens to liquidity pools, earning SEIP tokens as rewards for their role in supporting the platform's liquidity and stability. This ensures sufficient token availability for trading.
- Treasury (10% - 50,000,000 tokens):
Supports long-term growth, marketing, partnerships, community grants, and initiatives managed by the SEIPerps DAO.
- Development Team (10% - 50,000,000 tokens):
Incentivizes the team to develop and maintain the platform. Tokens are vested with a 3-month cliff to ensure long-term commitment.
- Future Investors (10% - 50,000,000 tokens):
Reserved for strategic partnerships and future funding rounds. Tokens are vested with a 3-month cliff to align with the platform's success.
- Private Sale, Presale, and Initial Fundraising (20% - 100,000,000 tokens):
Allocated for securing initial funding, with proceeds going directly to liquidity pools and for Launchpad/IEO/CEX listings and strategic partnerships. Ensures robust liquidity and stability from the start.
Our roadmap outlines the key milestones for SeiPerps, showcasing our commitment to building a robust and professional DeFi platform.
- Q4 2024/Q1 2025:
- Testnet Launch: Public testing phase to gather user feedback and optimize the platform.
- Token Sale (IEO/IDO/Launchpad): Strategic fundraising to build liquidity and expand our user base.
- Q1 2025:
- Mainnet Launch: Launch of the platform with core features: swap, staking, and farming.
- CEX Listings: Partnership with CEX plateform for more trading & volume channels.
- Farm and Pool Incentives: Boosting Incentives on pools and farms.
- Q3-Q4 2025:
- Perpetual Futures Integration: Advanced trading options to attract experienced traders. Perpetual Grid Bots and so on.
- DeFi Aggregator Features: Seamless integration of various DeFi services for enhanced user experience.
- Q4 2025:
- Cross-Chain Functionality: Expand liquidity by integrating with multiple blockchain networks.
- Advanced Tool Development: Launch additional features to solidify SeiPerps as a leading DeFi platform.