Contango: A New Approach To Perps Built On Money Markets | Quick Hit

Kamel Aouane is the CoFounder of Contango. In this Quick Hit, we spotlight a new approach to perps built on money markets, including the benefits and tradeoffs of this design in Contango V2. Kamel teaches us how cPerps are built though automating looping strategies using flash loans and how Contango can offer the most liquid futures markets, with the least volatile funding rate. ------ 🔗 Essential Show Links 🔗 ► Subscribe on Youtube: https://youtube.com/@defidad ► Subscribe on Apple: https://tinyurl.com/edgepod ► Subscribe on Spotify: https://tinyurl.com/edgepodspotify ► Subscribe on Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://twitter.com/DeFi_Dad ► Follow Nomatic: https://twitter.com/Nomaticcap ► Learn about DeFi and Web3: http://defidad.com/ ------ The Edge Podcast Sponsor Resources 🦊⁠ METAMASK PORTFOLIO | TRACK AND MANAGE YOUR WEB3 EVERYTHING ⚖️ KYBERSWAP | DEX AGGREGATOR, AMM, AND KYBER AI TRADING ANALYTICS 🥑 INSTADAPP | THE NEW AVOCADO SMART CONTRACT WALLET 🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out! ------ Timestamps 00:00 - Intro 4:20 - Kamel's background 5:42 - Expirable futures and Contango V1 7:38 - Reflections on fixed-rate DeFi and expirables 14:20 - Contango V2 and cPerps 20:30 - Tradeoffs of cPerps design 24:24 - Who is cPerps built for? 30:41 - Interesting use cases for cPerps 34:14 - Early traction and user reactions 35:41 - Future Contango token 37:17 - Closing ------ 🔗 Guest Links 🔗 ► Contango Website: https://contango.xyz/ ► cPerps Blog Post: https://medium.com/contango-xyz/an-introduction-to-cperps-4dbb4a58b602 ► Contango on Twitter: Contango_xyz ► Kamel on Twitter: https://twitter.com/KamelAouane ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. DeFi Dad was an angel in the Contango seed round in 2022. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.