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Abra Perps · Coming soon

Your collateral should never sit still.

A perpetual trading venue where your yield bearing AbraFi assets post directly as margin. Take the position you want. Keep the yield you already earn.

Private beta forming now. Access is allocated in waves.

  • One balanceEarning and trading at once
  • No lockupsCollateral stays liquid
  • OnchainTransparent settlement
The idea

Margin has always been dead capital.

On every other perpetuals venue, the moment you post collateral it stops working for you. Abra Perps lets you post an asset that keeps generating yield while it backs your position, so the same dollar does two jobs at once.

  • Collateral that earns

    Post USDaf, BTCaf, ETHaf or SOLaf. The underlying strategy keeps running while the asset sits as margin.

  • Perps, built for size

    Deep liquidity, low fees and the majors you actually trade. Longs and shorts with leverage, onchain.

  • Backed by Abra

    Built on the infrastructure already running Abra's yield and lending products for institutions and private clients.

Yield engine, always running
RWA yieldYield spreadDeFi lendingLiquidity provisionBasis tradingOptions strategies

You deposit

Fund your Abra account with BTC, ETH, SOL or stablecoins. Nothing is locked and there is no minimum. This is the only step where you decide what asset you want exposure to.

Two return streams, flowing back to you
Your balance growsYield accrualContinuous, independent of the trade
Your balance settlesTrading PnLRealized when you close the position

Simplified for illustration. Abra Perps is a product in development and is not currently available. Collateral values, margin requirements and liquidation thresholds are set per asset and are subject to change. See the disclosures below.

Eligible collateral

Four assets. All of them working.

AbraFi assets are tokenized yield strategies with no lockups and no investment minimum. On Abra Perps they are also your margin.

AssetWhat it isTarget net yieldStatus
USDafSynthetic dollar. Stake to sUSDaf to accrue.5 to 12%*At launch
BTCafBitcoin denominated yield strategy.2 to 5%*At launch
ETHafEthereum denominated yield strategy.3 to 5%*At launch
SOLafSolana denominated yield strategy.9 to 10%*Shortly after

* Target net yield ranges, net of applicable fees. Targets are not guarantees and are subject to change without notice. Past performance is not indicative of future results.

Get on the list

Be early.

Access opens in waves. Tell us how you trade and we will match you to the right one. If you are a fund, desk or treasury, switch to the second tab and we will set up a call instead.

  1. Tell us how you trade today. Two minutes, no account needed.
  2. We confirm your wave and send the onboarding link.
  3. You trade the private beta before it opens publicly.
Optional — it helps us prioritise markets.

No commitment. We will only contact you about this product.

Questions

The short answers.

Yes. The AbraFi asset you post as margin stays allocated to its strategy. Yield accrues to the asset itself, independent of whether your position is up or down.

Liquidation affects the collateral backing the position, and yield accrued up to that point is part of the collateral balance. Full margin and liquidation mechanics will be published before launch.

Majors at launch, with additional markets added based on liquidity and demand. Early access participants help set that order.

No. Early access is open to new users, though existing Abra clients can move faster because their onboarding is already complete.

Private beta first, then a staged public rollout. Joining the list is how you find out first.

Disclosures

Important disclosures

Abra Perps is a product in development and is not currently available.

Features, eligible collateral, markets and timing described on this page are subject to change and may not launch as described. Nothing here is an offer to sell or a solicitation to buy any security or product. Digital assets are volatile and trading with leverage can result in the total loss of collateral. Tokenized yield products referenced are offered by AbraFi Labs Ltd.