Coinbase Pro Lists ARPA Chain (ARPA), Bounce (AUCTION) And Perpetual Protocol (PERP)
The largest crypto exchange in the U.S. Coinbase Pro has announced today that its lists ARPA Chain (ARPA), Bounce (AUCTION) And Perpetual Protocol (PERP). Trading will begin on or after 9AM Pacific Time (PT)Tuesday October 19, if liquidity conditions are met.
“Once sufficient supply of ARPA, AUCTION and PERP is established on the platform, trading on our ARPA-USD, ARPA-USDT, ARPA-EUR, AUCTION-USD, AUCTION-USDT, AUCTION-EUR, PERP-USD, PERP-USDT and PERP-EUR order books will launch in three phases, post-only, limit-only and full trading. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules”, the exchange said.
ARPA is a blockchain-based layer 2 solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure.
Bounce (AUCTION) is an Ethereum token that powers Bounce, a decentralized auction protocol for token and NFT sales. Bounce is a decentralized auction platform, creating a competitive swap environment based on the principle of scarcity of resources. The Bounce platform incorporates liquidity mining, decentralized governance and staking mechanisms.
Perpetual Protocol is a decentralized finance (DeFi) project that enables this service through written code, without the need for financial intermediaries. Moreover, Perpetual Protocol is simply a collection of programs (smart contracts) running on the Ethereum blockchain that were composed to communicate and replicate services offered in derivatives markets.
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