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DagPerp

DeFiGMX / Hyperliquid

Perp futures with 50× leverage. LPs are the house.

Peer-to-pool perpetuals. Traders open long/short positions up to 50×. LPs (DLP holders) take the other side, earning open/close fees + borrow rate. BDAG-USD market live.

Contracts

How to use

1

LPs: approve DUSD, call lpDeposit(amount) to receive DLP shares.

2

Traders: approve DUSD collateral, call openPosition(marketKey, isLong, collateral, size).

3

Market key for BDAG-USD: keccak256("BDAG-USD"). Size is notional USD (1e18).

4

Close with closePosition(marketKey). Anyone can liquidate unhealthy positions for a 1% bonus.

Cost

0.10% open + 0.10% close fee. 10% APR borrow rate on open positions. 1% of collateral at liquidation.