Getting Started
Meet Denaria, the Onchain Perpetual DEX
Denaria is a decentralized perpetual exchange that lets anyone trade leading digital assets with up to 15× leverage using stablecoins as collateral. Every order is executed and settled onchain; no order books, no intermediaries, and no hidden risks.
Denaria has deployed an innovative virtual AMM called dynAMM, which offers three key advantages over previous vAMM solutions used in the perpetuals sector:
- Anchors every trade to the live oracle price, so traders always enter at the true market price.
- Regenerates its curve after each transaction, repositioning liquidity around the new pool balances.
- Adjusts slippage automatically, keeping it low when system liquidity is abundant and raising it when liquidity is scarce.
UX at the Core
Denaria aims to deliver a Web2-like experience, so the app is designed with a mobile-first approach and powered by account abstraction:
- Get started in minutes – Obtain the app on your smartphone in just a few simple steps, and you’re ready to go.
- Smart wallet in seconds – Sign up with just an email; no external Web3 wallet is required.
- Gasless trading flow – Blockchain transaction fees are sponsored, so opening a position feels as quick as tapping “Long” or "Short".
Your First Trade in Four Steps
- Create your smart wallet – Tap “Sign up with email” and secure it with Face ID.
- Deposit stablecoins – Deposit USD collateral and fund the market‑specific vault.
- Open a position – Pick the asset, direction (long / short), and leverage (up to 15×). dynAMM prices your trade at the oracle rate with minimal slippage.
- Manage & close – Add margin, and manage your position; everything is on‑chain and transparent.