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* decentralized perpetual futures exchange, being a foundational primitive and source of liquidity by arbitrum-based protocols
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* enables traders to open up to 50x leveraged long or short positions via borrowing from of a basked of assets known as GLP
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* GLPs functions as the counterparty, as it accrues values when traders loses, and bleeds values when traders win.
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* GLP also accrues 70% of all trading fees, while stakers of the protocol governance token, earn 30%.
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* GLP is also emerging as a form of collateral, with lending protocols integrating the LP token into their product offerings.
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