Fantom-based perpetual DEX Takepile announced that it has been live and launched utility token $TAKE. Takepile utilizes a liquidity system called the "pile" system, that aims for no-slippage trades, higher leverage, no funding rate fees and guaranteed solvency. Traders can deposit an underlying asset such as $USDC, $USDB or $wFTM, receive a pileToken, and open positions on the corresponding pile.
