BlueSpade (BLU)

Bluespade is a decentralised perpetual exchange that allows users to trade leveraged positions with low fees and zero price impact, whilst having the peace of mind that all trades and collateral are stored transparently on-chain.

Whitepaper

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Interest lvl

Low

Updated: Feb 24, 2025

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User Rating

Medium

3/5 • 1 votes

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Ticker

BLU, BLP

Type

Utility-token

Token standard

ERC-20

Registration year2024

Launchpads

BSCS

Ecosystems

Base

What is BlueSpade

Trading on BlueSpade works as per any Perpetual exchange. Trades are initiated with the user’s collateral deposited in a single asset pool (USDC). One USDC is equivalent to 1 BLP, known as the Bluespade Liquidity Pool. The BLP pool earns 50% of the total fees collected by Bluespade.

Key Features:

• Trade with up to 1250x leverage
• Low fees and Zero price impact
• Decentralised perpetual exchange