Short the bull market
Pesto is a minimalist, on-chain DeFi protocol that lets you short and long any token by tapping into existing liquidity.
Optimized for lower risk
Unlike other protocols that encourage 50x leverage, Pesto offers better liquidation protections at lower leverage.
Lower fees
Pesto features 25% lower gas fees than GMX, and it leverages Aave borrowing rates, which are significantly lower than perpetual funding rates.
Requires less collateral
Spread shorts allow you to simultaneously long and short a pair of assets in the same position with half the capital required for the same exposure on other protocols.
New position primitive
Go long, short, or both
By leveraging liquidity from existing protocols, like Aave and Uniswap, Pesto lets you short on-chain without perpetuals.
Simple risk management
Isolate your positions
Independent positions ensure risk is isolated and accounting is simpler, so you can sleep better at night.
Thank you!
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