What is Ethereal?

Ethereal is the only perps DEX building a complete all-in-one DeFi money app around USDe

Product Overview

• Perpetual futures – the beta release of Ethereal offers perpetuals trading with institutional grade performance, deep liquidity, and reward-bearing margin powered by USDe

• High-throughput, low latency – order matching is handled inside Ethereal's application-specific sequencer for CEX-like speed with onchain security guarantees

• DeFi everything app - spot, money markets, RWA, and additional products roll out in subsequent product releases, with settlement in USDe.

Ethereal Chain

Ethereal is deployed as an EVM appchain with the following configuration:

• Settlement via Arbitrum One

• Arbitrum execution environment

• Celestia data availability

These components of the Ethereal tech stack enable the configurability and customizability necessary for Ethereal's full product vision while ensuring scalable, high-performance trading with security inherited from Ethereum.