A perpetual DEX model where stable collateral simultaneously generates yield while you trade represents meaningful progress for DeFi maturity. Traditionally, margin capital just sits idle—zero productivity. This new approach flips the script: your funds actively earn returns during trading activity, creating a fundamentally more efficient capital structure. More importantly, it realigns incentives across the entire ecosystem. Traders benefit from passive income on locked capital, while the protocol captures enhanced value through higher trader participation and liquidity depth. When collateral works on both sides of the equation, everyone wins. It's not just a feature update—it's a structural evolution in how perpetual derivatives protocols can compete and scale.
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ProposalManiac
· 01-09 13:29
Listen, this "idle capital earning interest" logic seems perfect, but I have to remind you—throughout history, any mechanism design that claims "everyone wins" has always ended with one party being exploited in the game. Capital structure optimization isn't the issue; the problem is how to ensure incentive compatibility. Where do traders' profits come from, and how much does the protocol take? Once this dual incentive model leads to an imbalance in power distribution among participants, it directly becomes the next Luna.
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GateUser-3824aa38
· 01-09 11:32
NGL, this is what DeFi should look like. Idle capital has been wasted for so many years.
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Degen4Breakfast
· 01-08 07:55
Nah, this is what DeFi should look like. When funds are just lying around, they can make money—who would still be idle?
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SchrodingerAirdrop
· 01-06 14:57
This is true DeFi innovation; the era of idle capital should come to an end.
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BloodInStreets
· 01-06 14:56
Is this the same old "win-win" rhetoric again? Has Sleep Capital finally found something to do? The nicer way to put it is structural evolution; the less nice way is squeezing dry idle funds. The premise is that this agreement doesn't collapse, or else it's all blood fundraising.
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GateUser-6bc33122
· 01-06 14:55
NGL, this is the right path for DeFi. Idle funds are wasted.
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DYORMaster
· 01-06 14:48
Wow, this is what I wanted to see... Earning interest while trading, the days of idle capital are finally over.
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SatoshiLeftOnRead
· 01-06 14:43
ngl, this is what DeFi should look like. Idle capital is just a waste.
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ProxyCollector
· 01-06 14:42
Idle funds can finally work for you—this is what DeFi is supposed to look like.
A perpetual DEX model where stable collateral simultaneously generates yield while you trade represents meaningful progress for DeFi maturity. Traditionally, margin capital just sits idle—zero productivity. This new approach flips the script: your funds actively earn returns during trading activity, creating a fundamentally more efficient capital structure. More importantly, it realigns incentives across the entire ecosystem. Traders benefit from passive income on locked capital, while the protocol captures enhanced value through higher trader participation and liquidity depth. When collateral works on both sides of the equation, everyone wins. It's not just a feature update—it's a structural evolution in how perpetual derivatives protocols can compete and scale.