In recent years of doing contracts, I have found that many people losing money may not necessarily be due to the wrong direction, but rather because their positions have not been held up until the market is realized. It is too common for a single pin to cause a sudden drop and the account to reset to zero. I came across @ jaspervaultzh and went to take a look. What I found interesting was not how high the leverage was, but the addition of a PP Protection mechanism outside the perpetual contract. Simply put, it means adding extra protection to positions, helping to reduce the risk of forced liquidation when the market experiences extreme volatility. The trading logic is still the same as before. We should look at the direction, go long or short, but our positions will not be completely exposed to risks like traditional contracts. For traders who often encounter the situation but die halfway through, this design does have some value. In addition, the platform currently supports two modes: regular perpetual and protective perpetual, and users can choose according to their own risk preferences. Zero transaction fees, zero slippage, and a better liquidity experience also make the overall transaction process smoother. Recently, they have also launched a clearance subsidy campaign, where eligible users can receive corresponding amounts of protection coupons. Compared to simply emphasizing high returns, I am more concerned about the product concept of improving trading tolerance Jaspervault's Perpetual Protect (PP) protection mechanism, combined with a wave of welfare benefits, can still be adjusted. Zero explosion perpetual contracts