Surf Protocol Announces Innovative Features and Community Rewards in Pursuit of Decentralized Trading Revolution

Sham Shui Po, Hong Kong S.A.R., 28th Apr 2024, King NewsWire – Surf Protocol, a rising star in the Perp DEX space, is making waves with its commitment to innovation and community engagement. The platform is on a mission to democratize finance by offering a user-friendly and secure trading experience for all.

Key Highlights:

Industry-First Features: Surf Protocol introduces a Bitcoin-denominated vault to mitigate impermanent loss and accepts both BTC and staked BTC as collateral, addressing key market pain points.
Rapid Growth: With nearly 1,000 daily active traders and a thriving community of over 500,000, Surf Protocol is experiencing significant growth.
Award-Winning Potential: Selected for the prestigious Binance Labs MVB Accelerator Program, Surf Protocol is recognized for its potential to shape the future of DeFi.
Cultivating a Vibrant Ecosystem: Through campaigns like Surf Points, LP incentives, and the exclusive Surf Protocol OG Card (NFT), Surf Protocol rewards active traders, liquidity providers, and early supporters.

Standing Out in a Competitive Landscape

Surf Protocol recognizes the competitive Perp DEX market, currently dominated by players like dYdX and Hyperliquid. However, it sets itself apart through its relentless pursuit of innovation and unique features.

Fueling Engagement Through Rewards

Surf Protocol offers a multi-pronged approach to incentivize users:

Surf Points: Awarded for trading activity, redeemable for future tokens, adding value to every trade.
Liquidity Provider Rewards: Attractive APY rates (up to 21%) and additional benefits for providing liquidity.
Surf Protocol OG Card (NFT): Exclusive rewards and benefits for early adopters who participated in the testnet.

Building a Community-Centric Future

Surf Protocol’s innovative campaigns and focus on user rewards demonstrate its commitment to building a thriving DeFi ecosystem. By prioritizing community engagement and fostering a culture of inclusion, Surf Protocol is well-positioned to play a leading role in the future of decentralized trading.

A Strong Foundation for Growth

Surf Protocol’s vision has garnered the support of industry leaders. In October 2023, the company secured $5 million in funding from prominent investors including ABCDE Capital, Amber Group, and Inception Fund. This vote of confidence underscores the potential of Surf Protocol to bridge the gap between traditional finance and DeFi, catering to a diverse user base.

Join the Movement

Surf Protocol invites traders, liquidity providers, and DeFi enthusiasts to join its mission of revolutionizing the trading landscape. Together, we can build a decentralized future that is secure, innovative, and accessible to all.

About Surf Protocol

Surf Protocol is a next-generation Perp DEX designed to empower users with a user-friendly and secure trading experience. By prioritizing innovation and community engagement, Surf Protocol is shaping the future of decentralized finance.

For more information, visit https://surf.one/ & https://base.surf.one/

Stay updated with the latest news and announcements by following Surf Protocol on:

X: https://twitter.com/surf_protocol

Telegram English: https://t.me/surf_protocol

Telegram Chinese: https://t.me/surf_cn

Discord: https://discord.com/invite/Ma2NjR9uMs

Github: https://surf-exchange.gitbook.io/docs

Medium: https://medium.com/@surf.protocol