Rank: 1595
AARK Price
Contracts/Explorers:
Arbitrum
Funds and Backers
IDO
31 May 2024 — 10 Jun 2024
Raised
$ 350.00K
Price:
$ 0.035
ROI:
0.23x -77.4%
Platform:
N/A
ATH ROI:
2.77x +176.5%
Aark Digital is the first-of-its-kind Leverage Everything Perpetual DEX for professional traders/LPs on Arbitrum. Our vision is to find the right formula to incorporate the best of DEX and CEXs. At its end, Aark will bring all onchain assets into a single liquidity pool to provide an unprecedented leverage experience.
Within the Aark ecosystem, LPs deposit capital to create a pool that traders can interact with while earning fees. When traders open a position, the liquidity pool automatically takes the opposite position without exception, thus the traders executing trades against the liquidity pool. MM(Market Makers) remove risk from LPs by exploiting arbitrage opportunities.
Unlike other platforms that cap their Open Interest to TVL (Total Value Locked) ratio below 1:1, Aark can scale over ten times the OI relative to its TVL. This advantage results in substantially higher returns for LPs and nurtures a positive feedback loop that attracts more LPs and traders.
Leveraged LP
Single-sided & delta-neutral LP
LST/RWA as LP
Streaming funding fees (market-neutral)
Insurance fund (eliminates bad debt)
1000x leverage
RMM-based CEX liquidity
Uncapped, scalable open interest
Wide collateral options
Super long tail assets trading
Cross-margin trading
Aark Digital's current price is $ 0.00792, it has dropped -0.74% over the past 24 hours.
Aark Digital's All Time High (ATH) of $ 0.0968 was reached on 10 Jun 2024, and is currently -91.8% down.
The current circulating supply of Aark Digital is 69.41 Million tokens, and the maximum supply of Aark Digital is 1.00 Billion.
Aark Digital’s 24 hour trading volume is $ 72.30 Thousands.
Aark Digital's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 549.85 Thousands.
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