In Pixiu, the general trading principle is that the predicted position in the right direction will earn the tokens of the position predicted in the wrong direction, but if there is no counterparty, the position will not generate profit or loss due to price fluctuations. You can find more information…

Qilin September 2022 Recap In September, our two products, PIX and QIQ, officially entered into the development and testing phase. PIX has completed a small round of internal testing. At the same time, we made large-scale optimization of our model for v3, and the validation phase is coming to an…

In this post, we will introduce the mixed-currency pool(v2.1) and the current progress of the Qilin team along with showing trading data of Qilin Protocol. v2.1 Introduction Qilin v2.1 is a new mixed currency pool trading mode designed by our development team, which mainly solves the problem of sharing liquidity between trading…

We’re here to introduce a new DeFi model we designed, which we call it Self-Liquidity. Compared to traditional DeFi products, our new model has huge difference. It’s more fun, more challenging and more fair. Every DeFi trader should not miss it. You will get some basic knowledge about Self-Liquidity in…

Following our V2 mainnet launch on April 21st, Qilin will initiate a new round of its long-term Bug Bounty Program with a total reward of $20,000. The purpose of this program is to detect potential security vulnerabilities and resolve them before they have impact on our users. We invite the…

In this post we want to release a consolidated series of updates that are relevant to all the key aspects of Qilin Protocol’s growth plans — governance, token & incentives, marketplace scaling, & L2 deployment. Marketplace Scaling Over the past two weeks we have begun proactively scale Qilin’s permissionless marketplace by…

Background Perpetuals trading requires fast finality and low gas prices, even more so than trading spot, considering extra mechanisms such as on-chain liquidations and funding fees. Having the Ethereum mainnet as the sole blockchain for processing perpetuals affects onboarding trading and liquidity provision to Qilin. In addition, Optimism currently lacks perpetuals…

Hi fellow Qiliners! We just finished our first AMA post-V2 launch where we were able to cover some important topics about V2, permissionless perpetuals market, and building a decentralized derivatives protocol. We also received some valuable feedback from our community in Discord afterwards. So for those of you who missed…

We are pleased to announce the successful conclusion of the Supernova NFT campaign for Qilin V2 public testnet, validating the readiness for Qilin V2 mainnet launch. Thank you all for engaging with us and giving us an immense amount of support ❤️ Overview of the Testnet The Supernova NFT Campaign was jointly launched by…