Pear (Magent)

Pear Protocol is a decentralized pair and basket trading platform that lets traders go long and short across multiple tokens with leverage in a single click. Pair trading means simultaneously longing one asset and shorting another to profit from relative performance rather than overall market direction, for example longing BTC and shorting ETH. Pear Protocol's trading engines support leveraged pair trades for narrative-driven and market-neutral strategies, including take-profit and stop-loss on the ratio, through a non-custodial interface to autonomous smart contracts on public chains such as Hyperliquid.