# Ragnarok | Decentralized perpetual exchange

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### ✅Overview of Ragnarok

Introducing Ragnarok, a groundbreaking decentralized finance (DeFi) platform that revolutionizes leveraged trading.Anchored on DeFiVerse, Ragnarok unlocks OAS liquidity, offering an optimal mix of capital efficacy, security, and decentralization.

### ✅What is Ragnarok?

Ragnarok operates as a DEX (decentralized exchange), facilitating leveraged trading of OAS. Users have the flexibility to leverage blue chip assets and OAS against notable cryptos like OAS, BTC, ETH, and other stablecoins.&#x20;

The platform accommodates a range of strategies, enabling users to go long on OAS if they're optimistic about Oasys's prospects or to short OAS if they want to hedge their existing position.

### ✅What are the main benefits of Ragnarok?

Ragnarok offers many benefits to its users, including the following:

* OAS Leveraged Trading- Opportunity for users to participate in leveraged OAS trading.
* No slippage/zero price impact trading.
* Real Yield - Earn Real Yield from Ragnarok-based transactions.
* Non-inflation Tokenomics - The Governance Token of Ragnarok,$RAG, maintains a non-inflationary stance.
* Revenue-Linked Token - Tokens are closely aligned with protocol-generated revenue.
* Yield amplification - Boosted RLP revenues.

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