Perennial launches Perennial Intents layer for perpetual futures in DeFi to address liquidity issues.

From Investing.com

December 3, 2024 2:30:41 pm:

Perennial has launched Perennial Intents, a unique intents layer for perpetual futures in DeFi to address liquidity fragmentation issues. By consolidating order flow into a unified liquidity layer, it aims to provide deeper markets, better prices, and a unified trading experience. The hybrid model combines intent-based off-chain order matching with on-chain AMM settlement for optimal price execution. The launch also includes one-click trading and the Perennial Petals points program, rewarding users for trading activity. Perennial’s work with intent-based derivatives is seen as transformative for DeFi by aligning market interactions with users’ specific goals.

Read more at Investing.com: Perennial Unveils a Novel Intent Layer for Perpetuals