Decentralized finance (DeFi) is growing fast, but true decentralization is still rare. Platforms may rely on centralized components which can create points of failure that expose users to risks like censorship, downtime, and sluggish performance.
Perplex—a platform for perpetual contracts—is being built to change that. By leveraging AR.IO's permanent cloud network which supports the full permanent stack of Arweave, AR.IO gateways, and the AO supercomputer, Perplex offers a decentralized, secure, and user-friendly trading experience that’s not only resilient but blazingly fast.
“….. we’ve brought our transaction latency down to just 100 milliseconds. That’s faster than many centralized platforms and completely unheard of in DeFi.” - Kevin Primice, Perplex
Built on the Full Permanent Stack
Each layer of the stack plays a critical role in delivering a platform that’s decentralized at every level.
Arweave provides immutable storage for Perplex’s transaction history. Once data is stored, it’s there forever—transparent, unchangeable, and always accessible.
AR.IO gateways and Arweave Name System (ArNS) create a seamless and trusted connection for users, ensuring reliability and simplicity to access Perplex.
AO enables Perplex to compute all trading operations on-chain, including order matching and settlement, with lightning speed and unparalleled scalability.
This combination ensures a trading platform that’s fast, reliable, and completely decentralized—without cutting corners.
As Kevin, the founder of Perplex, explains, “Operating our own AR.IO gateway is crucial for ensuring optimal performance, security, and autonomy. By controlling the gateway, we can minimize transaction latencies and achieve the fastest confirmation times, providing a trading experience that rivals centralized exchanges.”
Simplifying Access with ArNS
Using decentralized platforms often comes with a learning curve, but Perplex is making things easier with ArNS (Arweave Name System).
What ArNS Does for Perplex:
UX improvements: ArNS replaces long, complex wallet addresses with simple, human-readable names.
Decentralized front end: Perplex’s front end is stored on Arweave, ArNS provides friendly names for any data stored on Arweave, accessible through the AR.IO Network.
Why It Matters:
User-Friendly Onboarding: ArNS names feel familiar, making Perplex accessible even to people new to DeFi.
Stronger Community Connections: Personalized ARNS names encourage identity and trust within the Perplex ecosystem.
“Readable names are a game-changer. They make it easier for users to interact with our platform and bring a sense of community to the trading experience. ArNS eliminates the barriers that keep people away from DeFi.”
Resilience Through AR.IO Gateways
Centralized systems have single points of failure. Perplex participates in decentralizing the permanent cloud by running an AR.IO Node. Perplex’s gateway is fine tuned to index & cache the data that’s specific to Perplex and they earn rewards by providing access for others.
Why AR.IO Gateways Matter:
Always Online: Even if one gateway experiences issues, users can access Perplex through another, ensuring uninterrupted trading.
Censorship Resistance: AR.IO Network Protocol ensures gateway operators are incentivized to serve data, making others unable to block access.
Optimized Speed: Gateways distribute traffic and connect users to the fastest available node for a seamless experience.
“Running our own AR.IO gateway lets us control performance and security. It ensures we can deliver the speed and reliability users expect, without compromising on decentralization.”
The Future of Perplex
By using the full permanent stack of Arweave, AR.IO, and AO, Perplex offers something rare: a DeFi platform that doesn’t sacrifice speed or usability for decentralization.
From human-readable ARNS names to censorship-resistant AR.IO gateways and on-chain computation with AO, Perplex is setting a new standard for what DeFi can be.
The Perplex team is clear about their goals:
“With the full permanent stack, we’re building a platform that’s not just decentralized, but truly user-first. That’s the future we believe in.”
The future of DeFi is here. And it’s permanent.
Follow Perplex on X: https://x.com/PerplexFi
