• Do you want to know how Pika Protocol works and how can you leverage your capital using its easy and accessible tools?

• Do you want to know how has Pika V3 performed in various areas to get more confident about utilizing it?

• Are you a Perp Trader and want to know how Pika stands against two of the most powerful perpetual swaps out there?

• Or maybe you are a veteran Pika Trader and want to explore your history?

• How do you feel about finding the most profittable traders on Pika and Copy-Trade their moves?

I've tried hard to provide you with many valuable data about Pika Protocol. This is an ongoing process meaning the dashboard will include many more topics later and I'm planning to reorganizing it to automatically refresh. But right now it shows the data up untill March 3rd, 2023. There is also a valuable insights paragraph in the end of each section.

I've begun the analysis by providing the most basic and probably the most important data of overall statistics including Total Trade Volume, Total User Count, Total Trades, Fees, Vault Balance, Direction, Popular Trading Assets, Different Sources of Income, etc. This Part should give you a good comprehensive idea of Pika V3 Performance in total.

But as you know better than me, no overall information is enough for any analysis. So, by showing the Daily and Cumulative changes of previously mentioned overall data, I've tried to add a more adequate depth to the analysis.

OP Rebate section is included to emphasis on the importance and affect of Optimism project funds and the vitality and dynamism it brings to the whole ecosystem.

Perps Battle section is short but provides valuable insights by comparing Pika with two famous perps on different chains: ** GMX & Gains**. I wanted to show how Pika stands against them and are the perp traders acting Cross-Chain or staying on a single network?

In the last section, I've provided a simple tool where you can search any address to see their historical performance on pika V3. This can help you to identify big players and smart money movements which may lead to great gains anon!

Pika Protocol is a decentralized perpetual swap build on Optimism network. Basically, there are two things you can do in Pika:

1. Trading various assets with up to 100X leverage.
2. Providing liquidity for other traders to trade and gain APR.

When you open or close a trade, you pay 0.1% of Trade Volume (Margin * Leverage) as Trade Fee. Half of this amount will be given to Vault Depositors (a.k.a Liquidity Providers).

There is also a small amount (0.00025 ETH) as Execution fee for every trade. Vault pays for your trade gains and receives your trade losses. Also funding rate is implemented for every market (Trading Asset) to balance the direction of trades by traders.

And the last source of income for Vault comes from Liquidations. Almost 15% of original liquidated marging will be vault's share.

OP Rebate is a program designed by the Pika team to compensate part of fees that traders paid.