Velar PerpDex now offers STX<>USDh perpetual futures, enabling traders to gain leveraged exposure to Stacks (STX) without leaving the Bitcoin ecosystem. This launch represents a significant advancement for Bitcoin DeFi, allowing traders to go long or short on STX while maintaining full custody of their assets.

For the first time, traders can access leveraged STX positions without moving their assets to centralized exchanges. This non-custodial model eliminates counterparty risk while preserving the security and sovereignty that Bitcoin users value. By pairing STX with USDh, a Bitcoin-backed stablecoin, the entire trading experience remains within the Bitcoin ecosystem from start to finish.

Key Features

First Decentralized STX Perps

Traders can now access STX perpetual futures in a fully decentralized environment, eliminating counterparty risk while maintaining the benefits of leveraged trading. This addition strengthens Velar's commitment to building secure, transparent trading infrastructure.

5% Yield on USDh

All USDh used for trading STX perpetuals earn a 5% annual yield, adding passive income potential to your active trading strategy. This creates additional value for traders holding positions and liquidity providers supporting the market.

Expanding the Bitcoin DeFi Ecosystem

The introduction of STX<>USDh perpetuals builds on Velar's mission to create a comprehensive Bitcoin DeFi trading platform. By bringing more utility to the Stacks ecosystem, this listing addresses growing demand for decentralized derivative products within the Bitcoin ecosystem.

Stacks technology enables smart contracts secured by Bitcoin, making it a natural fit for Velar's focus on Bitcoin-native DeFi solutions. The addition of STX perpetuals creates new opportunities for traders to participate in price movements while benefiting from the security of a decentralized platform.

Impact for Users

This listing delivers tangible benefits to multiple user groups:

• For traders, it provides leveraged exposure to STX without requiring direct ownership of the underlying asset, all while eliminating the counterparty risks associated with centralized exchanges.

• For USDh holders, the 5% yield creates an additional revenue stream, improving capital efficiency even during periods of market uncertainty.

• For the broader ecosystem, expanded trading options increase liquidity and market depth, benefiting all participants in the Stacks and Bitcoin communities.

Community Growth

The launch of STX<>USDh perpetuals represents Velar's response to community feedback and market demand. By focusing on user needs first, we continue building products that serve real trading requirements rather than chasing short-term trends.

This addition complements our existing perpetual futures offerings, creating a more robust platform for sophisticated trading strategies within the Bitcoin DeFi landscape.

Getting Started

Connect your wallet to Velar PerpDex, select the STX<>USDh pair to start trading. The interface provides a seamless experience designed for both experienced perpetual futures traders and those new to leveraged products. For more info and understand the platform better, head to our docs.

Looking Forward

The STX<>USDh perpetual futures listing is part of Velar's ongoing commitment to expanding trading options for the Bitcoin DeFi community. We continue developing products that address real user needs while maintaining our focus on security, decentralization, and capital efficiency.

Visit perpdex.velar.com to start trading STX<>USDh perpetual futures today.