What is Uniwhale?

Uniwhale is a decentralized on-chain perpetual trading exchange that allows users to trade various crypto assets such as BTC and ETH with leverage up to 200x directly from their wallets. The platform utilizes Pyth oracle for low latency price feeds and anchors its liquidity pool to USDT, while also accepting liquidity in other stablecoins like USDC and BUSD. Founded in 2022 by a team with expertise in cryptocurrency and finance, Uniwhale launched its Testnet on the BNB Smart Chain on January 3, 2023, followed by the Mainnet launch on March 6, 2023. As of March 20, 2023, the exchange has recorded over $30 million in trading volume.

The platform supports six trading pairs, including ETH/USD and BTC/USD, and has facilitated over 2,400 trades by 171 unique traders since its mainnet launch. The native token, UNW, is tradeable and transferrable, allowing holders to stake it for value distribution, while governance participation requires converting UNW into esUNW. Future plans include integrating automated trading strategies, collaborating with additional oracle providers, launching a mobile app, and expanding into networks like Arbitrum, Polygon, and Avalanche.