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Perpetual DEX Palmswap Joins Forces with Gotbit Ahead of Liquidity Event
Palmswap, a decentralized exchange (DEX) focused on perpetual futures trading, has partnered with crypto market maker Gotbit Hedge Fund in preparation for its upcoming liquidity program scheduled for next week.
As part of the collaboration, Gotbit has allocated a certain amount of funds, the exact figure undisclosed, to provide liquidity through the minting and auto-staking of the Palmswap Liquidity Provider (PLP) token. The event is slated to commence on June 27 for early adopters and June 29 for all participants.
Bernd Stöckl, an executive at Palmswap, expressed enthusiasm about the upcoming liquidity event, noting that Gotbit is well-equipped to handle the expected transaction volumes, speeds, and order management during the program.
“Our upcoming liquidity event will usher in a new era of fast, efficient, and user-friendly decentralized trading. We are excited about our partnership with Gotbit
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