Supra

Supra partners with BitPerp to enhance trading solutions

May 06, 2024 - 2 min read

Supra is excited to announce its partnership with BitPerp. It is the leading on-chain decentralized exchange for trading BRC20 tokens and Bitcoin Layer-2 and Base assets, such as Ordinals and Runes.

BitPerp brings to the table a unique synthetic architecture that allows for leveraged trading options up to 1000x for selected pairs, optimized for the Bitcoin ecosystem. It is recognized for its capital efficiency, reduced trading fees, and customizable trading interface with advanced analytics.

BitPerp offers an EVM-compatible platform that ensures easy access to Bitcoin inscriptions and a range of trading pairs from mainstream to emerging tokens. BitPerp will leverage Supra’s oracle services to provide decentralized and reliable price feeds, crucial for maintaining the integrity and accuracy of trading on the platform. 

BitPerp’s innovative approach to trading, which includes a “Liquidate-To-Earn” mechanism and the native yield on LP/deposits, complements Supra’s robust Oracle solutions that are designed to deliver secure, scalable, and efficient data verification.

This partnership will enhance the user experience by offering more secure and seamless trading operations. In addition, it boosts BitPerp’s operational capabilities and expands Supra’s reach in the DeFi landscape.

Joshua D. Tobkin, CEO and Co-founder of Supra, commented:

BitPerp’s innovative platform and commitment to security and efficiency amazes us. We aim to push the boundaries of what decentralized oracles can facilitate in the DeFi space.

About Supra

Supra is at the forefront of combining traditional financial markets with Web3 technologies. We provide a powerful cross-chain oracle network that enables interoperability among smart contracts, thus securing the future of financial markets. Supra’s technology allows for the creation, deployment, and management of data applications that are more agile, resilient, and efficient.

Join the Supra community:

Website | Twitter | Telegram | LinkedIn | Announcements | Medium | Discord | YouTube

About BitPerp

BitPerp is a pioneering on-chain DEX optimized for trading BRC20 tokens and other Bitcoin Layer-2 and Base assets. With a focus on leveraged trading, capital efficiency, and reduced trading fees, BitPerp provides a robust platform for traders looking for exposure to emerging Bitcoin assets.

Join the BitPerp community:

Website | Twitter

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