Contango Overview
- What is Contango?
Contango is a derivatives platform that enables buying or selling assets at a fixed price and date in the future without order books or liquidity pools. It automates trading through a looping mechanism of recursive borrowing and lending, utilizing flash loans for immediate execution.
- Main Features
- Deep liquidity and low slippageLess volatile funding ratesUp to 14x leverageSupports automated trading orders like take-profits and stop-losses,Liquidation protection
Frequently asked questions
Contango does not have its own liquidity pools. Instead, it utilizes the deep liquidity pools of underlying protocols to offer minimal price impact for any trade size.
At expiry in Contango, the asset is directly delivered to the user for the price set when the position was opened. This eliminates the risks associated with index price manipulation.
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