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DeFi looping The crypto native way of trading

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Total volume 3000000000
Total open interest 280000000
Total unique users 16000
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Trade on leverage by looping with 1 click
on the most famous lending markets, such as:

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Create levered (re)staking positions

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The most popular liquid staking and restaking assets from ETH and BTC ecosystems are available on Contango and can be looped with high leverage. Most of the LRT pairs make you accrue their own loyalty points too.

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Farm points and rewards

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All rewards, airdrops or points offered by the underlying markets will be accrued by traders on Contango. This means that you will often find an instrument that rewards you for opening a position, either on correlated assets like wstETH/ETH, or non-correlated ones like ETH/USDC.

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Lever up on Pendle’s PTs

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Principal Token (PTs) from Pendle represents the principal portion of an underlying yield-bearing asset. They normally trade at a discount, and looping them against their underlying asset or a stablecoin lets you amplify potential gains.

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Go long or short like a perp at low funding

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Looping non-correlated pairs like ETH/USDC is identical to trading perps on other defi protocols. But on Contango you tap into a massive underlying liquidity (around $60B across spot and lending markets) and you benefit from implied funding rates that are the best in the industry. Contango rates are 3x lower and less volatile than market leaders, like Binance and dYdX (full study).

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Arbitrage interest rates

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Traders have always profited from arbing rate differentials across lending markets: on Contango you can do so by simply opening delta-neutral positions or, in the case of stable pairs, by opening just one leg on the dedicated USD Farming tab.

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How it works

Looping was performed manually for years, by borrowing and lending recursively. Contango automates it in just one transaction. When a trader opens a long wstETH/ETH position with ETH as margin, the protocol gets the remaining ETH from a flash loan, swaps all ETH for wstETH on the spot market, and lends wstETH on a money market, to borrow ETH and repay the flash loan.

a diagram showing how contango works

Security is non-negotiable

Contango core contracts and all its integrations have been audited rigorously with leading security partners.
Learn more about audits here.

Backed by the best

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  • advanced blockchain ag logo
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  • jets capital logo
  • dewhales capital logo
  • cogitent ventures logo
  • bbs finance logo
  • amber logo
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  • Alex Debridge Finance
  • Andrew MakerDAO
  • Brian Solidity Ventures
  • Tunez CryptoTunez
  • DefiDad 4RC
  • Dim Symbiosis
  • Eric Vessel Capital
  • Fran Superfluid
  • Joshua SCC Investments
  • Juan MakerDAO
  • Julien Stake Capital
  • Larry The Block
  • Loïc Adaptive
  • Marc Zeller Aave Chan Initiative
  • Michael Fantom
  • Mika (ex-Parafi)
  • Mirza Vessel Capital
  • Nicolas Swissborg
  • Nick Kondr DAO
  • Nick Symbiosis
  • Oxbrainjar Composable Finance
  • Richard Obol
  • Vinny CRT Labs
  • Wil Jet Protocol
  • Windra Element Finance
  • Yenwen Perpetual Protocol

As seen on

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