Tracer is a cryptocurrency protocol that allows users to create derivative markets using smart contracts. It offers a Tracer Factory template for deploying these markets easily, enabling individuals to manage their financial risks in both digital and real-world assets. The initial derivative market launched by Tracer is called Tracer Perpetual Pools, which provides fully fungible tokens for the decentralized finance (DeFi) ecosystem. It removes the need for margin requirements and liquidations, allowing users to obtain leveraged exposure to any asset without the risk of liquidation, while also maintaining trustlessness and flexibility in terms of leverage.
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