What is Uniwhale?

Uniwhale is an oracle-based decentralized on-chain perpetual trading exchange focused on trading assets such as BTC, ETH, and other mainstream crypto assets with leverage up to 200x. It uses Pyth for price feeds and operates as a non-custodial, wallet-based trading system. The liquidity pool is anchored to USDT, while liquidity provision and margin posting can be done with assets such as USDC and BUSD. Trading pairs mentioned include ETH/USD, BTC/USD, BNB/USD, MATIC/USD, SOL/USD, and APT/USD.

Uniwhale was founded in 2022 by a team of crypto, finance, and web experts. Testnet launched on BNB Smart Chain on January 3, 2023, followed by mainnet launch on March 6, 2023. The native token is UNW, which can be staked for participation in distributions tied to accrued value and token emissions, but UNW is not the governance token. Governance participation requires conversion of UNW into esUNW, which holders can convert at any time.