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What is Merkle Trade?
Merkle Trade is a non-custodial perpetual exchange protocol built on Aptos.How does Merkle Trade work?
Liquidity providers deposit funds into Merkle Trade and receive trading fees from traders (supply-side fees).Who governs Merkle Trade?
MKL tokenholders own and govern the protocol. They do currently take a cut of the total trading fees paid by traders (revenue). Merkle Trade's investors include Arrington Capital, Hashed, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.