Set Protocol Announces Integration with Perpetual Protocol

TokenInsight news, DeFi Protocol Set Protocol announced that it integrated with Perpetual Protocol, a decentralized perpetual contracting protocol, on Optimism. The integration is powered by a series of Set contracts that hold open positions with the Perpetual Protocol contracts and facilitate levering, delevering, issuing, and redemption. Today, with this new integration, asset managers can create Perpetual-based Sets to represent discretionary or strict methodology based strategies and distribute them as fully composable, bridgeable, revenue-generating ERC-20 tokens.