Perena is a first stablecoin infrastructure and trading protocol built on the Solana blockchain. Numéraire, Perena's product flagship, is an automated market maker (AMM) that enables seamless creation and swap of stablecoins, while optimizing liquidity and efficiency across markets.
The platform optimizes efficiency by pooling multiple stablecoins into a unified system with two liquidity pools: the Seed Pool, issuing $USD* as an LP token and providing an APY return as well as Growth Pool, which allows users to deposit $USD* into LPs with other stablecoins.
Since its inception, Perena crypto project raised in a pre-seed funding round with the participation of YZi Labs (Binance Labs), Borderless Capital, and others.
