> For the complete documentation index, see [llms.txt](https://docs.uniwhale.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.uniwhale.co/introduction.md).

# Introduction

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Uniwhale is an oracle-based perpetual DEX where you can trade, with up to 200x leverage, BTC, ETH, and many mainstream crypto assets, directly from your wallet.

As a liquidity provider, you can provide liquidity with stablecoins like USDT, USDC, BUSD, and more, to earn real yield from market-making and leverage trading.

Based on objective price oracles and single-sided liquidity, Uniwhale aims to deliver the best trading experience for traders with zero credit risk and minimize impermanent loss for liquidity providers.

* Oracle-based price execution means zero slippage.
* Single-sided stablecoin liquidity means zero impermanent loss.
* Decentralized on-chain trading experience means zero credit risk.

## Uniwhale infrastructure is fully decentralized

* We provide fully decentralized web links. You can run locally if you like.
* Connect through <https://uniwhale.co> for speed and convenience.
* Use any IPFS gateway to use the service even when the main website is not accessible.
* Mitigate DDOS attacks.
* Unique CID makes our app immutable, mitigating MITM attacks.
* Censor-proof distribution, we will live no matter what.

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