San Francisco, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - TrustToken, builders of the leading unsecured lending protocol TrueFi, as well as popular stablecoins like TrueUSD, announces its partnership with Perpetual Protocol (PERP), an Ethereum-based decentralized derivatives exchange with up to 10x leverage. As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively priced loans to support even deeper liquidity on Perpetual Protocol. The portfolio opens with a $5 million asset cap, to be expanded over time.The decentralized finance ecosystem expanded by 1,200 percent in 2021 in total value locked'a dramatic upshoot in parallel with increased interest from traditional financial institutions and institutional investors. Decentralized exchanges - trading platforms powered by smart contracts - have emerged as one of the key cornerstones of the space. Since they rely on algorithmic market-making instead of the usual order book, they need a community of dedicated liquidity providers to maintain pools large enough to avoid slippage on executing trades.TrueFi helps Perpetual scale its liquidity...