Aark is a perpetual DEX built around LRT (liquidity resilient token) assets that supplies liquidity to enable high‑leverage trading. The protocol provides delta‑neutral yields for LRTs, which in turn supply liquidity for perpetual traders, and its infrastructure aims to deliver CEX‑level liquidity on‑chain. Aark claims capacity for up to 1000x leverage for long‑tail assets and emphasizes security, scalability, and composability. The team plans to grow headcount and develop more scalable liquidity solutions to pursue a target $10 billion TVL market. Aark positions itself as a leader in on‑chain derivatives and LRTfi, and is described as operating on Arbitrum in investor commentary. No revenue or user metrics were disclosed in the article. Aark is a decentralized derivatives exchange built on Arbitrum for professional traders. It employs a new automated market maker architecture called parallel market maker (PMM) that enables trading of 300+ pairs including super long‑tail assets. PMM reflects liquidity from the order books of top centralized exchanges, which Aark says makes it more liquid than any other centralized or decentralized exchange. Aark also launched delta‑neutral liquidity pools to enhance capital efficiency, collateral options, and liquidity pool size while providing a user experience comparable to centralized exchanges. The company received an investment from OKX Ventures; the amount was not disclosed. Aark intends to use the funds to expand operations and broaden its business reach.

Total raised

$6M

Funding rounds

2

Latest round

Seed

Latest activity

Apr 2024