DeFi track has uncovered an interesting perpetual contract protocol—Walrus Protocol. As a trading tool focused on this area, it indeed hits many traders' pain points.

Let's talk about some of its highlights. First is multi-chain asset trading support, with smooth cross-chain operations. More importantly, the dynamic fee rate mechanism directly reduces slippage to very low levels, which is much friendlier for small funds participating in high-leverage contracts—no more being discouraged by outrageous fees.

The security aspect is also quite solid, with multiple audits before launch, and position data and liquidation information are fully transparent and publicly available, reducing psychological barriers for beginners. The entire interaction logic is designed to be quite intuitive, allowing clear control from opening positions to risk management.

If you're looking for new options in perpetual contracts or want to find some promising projects to deploy within the DeFi ecosystem, this protocol is worth a look. Especially in cost-sensitive scenarios, the low-fee mode can significantly enhance the trading experience.