What is the project about? Fulcrom is a decentralised perpetual exchange on Cronos and zkSync Era that allows users to trade leveraged positions with low fees and zero price impact, whilst having the peace of mind that all trades and collateral are stored transparently on-chain.
What makes your project unique? Whilst we understand that Perpetuals are indeed a major form of innovation in the space, we also recognise that many of such perpetual contracts are being traded on centralised exchanges, many of which may not be transparent with usage of funds. The team is a strong believer of decentralisation and transparency and with the vision of bringing perpetuals on-chain, Fulcrom was born.
History of your project. Fulcrom Beta went live on 28 Feb and had our IDO through VVS Finance on 16 Mar. With a short period of around 1 month, we generated 100M accumulative trading volume with more than 5000 active traders.
What’s next for your project? Fulcrom is planning to expand our tradable token in FLP pool with further enhanced analytics features, more visualised data and continue to improve the user onboarding journey. We are also exploring various community incentive schemes such as hosting trading competitions and building points systems.
What can your token be used for? $FUL is Fulcrom's native governance token, with $FUL, users can earn platform revenue with staking rewards.