The exchange said the upgraded platform is powered by Aster DEX and shifts from a liquidity provider-based model to a full order book, while also adding a simplified trading mode.
PancakeSwap has introduced a new perpetual futures platform offering up to 200x leverage. According to the announcement, the product is powered by Aster DEX and replaces the previous liquidity provider-based structure with a full order book model. The platform also includes a simple mode, suggesting an effort to serve both advanced traders seeking deeper market-style execution and users looking for a more streamlined derivatives trading experience. In crypto markets, perpetual futures are a common instrument for leveraged trading because they allow exposure to price movements without an expiry date.