SAKE is pleased to announce a partnership with Boba Network and Enya. Boba Network aims to deliver a faster, cheaper, and more engaging experience to the next billion users of Ethereum. SakePerp, a transaction-driven decentralized perpetual contracts platform with a dynamic automated market maker mechanism that supports single asset collateralization for liquidity providers.

Through the partnership, SakePerp will be available on Boba Network upon its public mainnet launch. SakePerp is the first perpetual contract protocol to be announced on Boba, taking advantage of lightning fast transaction speeds and low costs of the network. Decentralized perpetuals and spot trading are amongst…


The trading of the SAKE on OKExChain has returned to normal. KIP20 SAKE holders can start claiming their compensation now.

More details of the Compensation Plan: https://sakeswap.medium.com/compensation-plan-for-sake-holders-on-okexchain-9d5912c7f06

One Step to Claim

There are two compensation plans for holders to choose. SAKE holders on OKExChain only need to transfer the KIP20 SAKE tokens to the corresponding burn address to claim.

Distribution Date

10th August 2021

All transaction records before 10th August will be executed on 10th August. …


Dear Sake community 🍶,

ChainSwap was attacked due to an exploit which resulted in around 1.42 m SAKE tokens, that were locked in ChainSwap’s contract, to be stolen on July 11th. There were over 20 projects involved in this hack.

ChainSwap provides the bridge between Ethereum and OKExChain for SAKE holders. The related ChainSwap mapping token addresses are frozen to filter out the hackers accounts. Since the bridge supported by ChainSwap is not functional, the KIP20 SAKE can’t be converted to ERC20 SAKE now.

Trading of the SAKE on Ethereum and BSC were NOT impacted and continue to operate as…


The Sake development team is thrilled to announce that on the 31st of May, SakePerp.fi will go live on Binance Smart Chain’s (BSC) mainnet. SakePerp is a decentralized perpetual contracts platform with a lower funding rate and optional liquidity provider exposure powered by the vAMM+Oracle price discovery mechanism. SakePerp brings real-world assets into DeFi in an innovative way.

To celebrate the launch of SakePerp.fi, @Sake_perp_swap and CoinMarketCap will work together to airdrop more than 600K SAKE to early adopters!

New Use Case of $SAKE

SAKE Token Buy-backs

50% of the transaction fees will be used to buy-back SAKE tokens and locked as insurance funds for…


The last round of SakePerp’s trading competition on BSC testnet will end soon. To thank the community for the high level of participation, support and feedback, SakePerp will airdrop Limited Edition NFTs as rewards for all SakePerp early supporters. All wallet addresses with trading record on SakePerp will get the NFT airdrop.

Top Traders


The second round of SakeSerp BSC Testnet Trading Competition has been successfully completed. Thanks everyone for participating in the competition.

SakePerp.fi is the first perpetual contract protocol built on the Binance Smart Chain (BSC) with an automated market-making (AMM) model. Leveraging vAMM + Oracle price discovery mechanism, SakePerp significantly reduces funding rates. SakePerp.fi also supports a dynamic market-making (MM) mechanism that can dramatically increase market-making liquidity efficiency by up to 4,000 times.

The trading competition is designed to further test the usability and performance of SakePerp. Let’s wrap up.

Stats

The total trading volume was $793,912,457 BUSD and an average of…


SakePerp is holding an exciting BSC Testnet Trading Competition with BroLeon community which is the №1 Trading and Farming community on BSC.

SakePerp.fi is the first perpetual contract protocol built on the Binance Smart Chain (BSC) with an automated market-making (AMM) model. Leveraging vAMM + Oracle price discovery mechanism, SakePerp significantly reduces funding rates. SakePerp.fi also supports a dynamic market-making (MM) mechanism that can dramatically increase market-making liquidity efficiency by up to 4,000 times.

New 100x Leverage

BNB/BUSD trading pair supports 100x leverage on SakePerp.

SakePerp also brings

  • Alert and Notification for better risk management
  • Chinese and Spanish versions

Happy trading at https://sakeperp.fi

PnL Competition Prize Pool — 36,999 BUSD


We are glad to announce that the new ILO project on Ethereum is CoinDogg ($DOG) which is an NFT platform built for creators and supporters, enabling creatives to monetize on the internet through a decentralized ecosystem powered by $DOG.

Now is the Sake Community Voting period for CoinDogg ($DOG) ILO.

VOTE NOW!

The first blockchain-based NFT rewards platform

CoinDogg is on a mission to build the first blockchain-based digital rewards platform for content creators and their supporters. The platform will empower independent creators to monetize their content in any currency on any platform and reward their loyal followers with tradeable NFT rewards.

CoinDogg Team

The CoinDogg Founding Team…


The SakePerp protocol has successfully completed the first phase of the Market Maker liquidity fundraising round. The capital will be used for liquidity provision on the SakePerp protocol. SakePerp utilizes an innovative Dynamic Market-Making mechanism (DMM), which provides tiered liquidity position management based on the risk appetite of each market maker.

SakePerp has successfully closed a $3 million fundraising round. Participating investors include GBV, CMS, Future Fund, Longling Capital, MGNR, Digital Renaissance Foundation, and others.

SakePerp.fi is the first perpetual contract protocol built on the Binance Smart Chain (BSC) with an automated market-making (AMM) model. Leveraging vAMM + Oracle price…


SakePerp is holding an exciting Testnet Trading Competition with a total prize pool of 26,000 BUSD.

SakePerp.fi is the first AMM-based perpetual contract protocol on Binance Smart Chain (BSC) powered by the vAMM+Oracle price discovery mechanism.

New Markets

BNB/BUSD, LINK/BUSD and XVS/BUSD will be added to the Markets.

SakePerp is now live on BSC testnet! Start trading now!

ROI Competition Prize Pool — 20,000 BUSD

The top 200 traders ranked by ROI will win BUSD. The ranking will be restarted every 2 days. For instance, our top 200 traders by ROI of 2 days will receive a total of 4,000 BUSD tokens.

The competition will last for 10 days…

SakePerp | SakeSwap

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