Panana Finance’s Closed Beta Launch 🚀

Panana Finance
2 min readMay 10, 2024

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Panana Finance has introduced an innovative decentralized exchange that merges traditional finance with the digital economy. This exchange provides a wide variety of trading pairs, which include cryptocurrencies, forex, and commodities. Now, you can spread out your investments in a decentralized way, thereby reducing your risk and increasing your gains.

Salient features:
• Trade assets with up to 250x leverage.
• No VCs — 100% community driven.
• No funding fee.
• For Traders by Trader.

Closed Beta Launch

Excitement is in the air as Panana Finance prepares for its closed beta launch on the Arbitrum mainnet. A selected group of nearly 20,000 eligible perpetual traders from the Arbitrum Ecosystem will have the opportunity to get one of the 3,000 coveted invitation codes. If you have been active on Arbitrum perpetual DEXs, or have made significant deposits into the Hyperliquid Arbitrum bridge and joined the Panana Finance’s testnet you might be one of the lucky few.

Closed beta whitelist criteria:

  • All Panana Finance testnet participants.
  • Arbitrum Ecosystem Traders: Users who have traded on Arbitrum perpetual DEXs (including GMX, Gains, Mux, and HMX) for at least $50,000 in volume, between Jan 1, 2024, 12:00 AM to April 1, 2024, 12:00 AM UTC and the users who deposited at least $5,000 into Hyperliquid Arbitrum bridge, before April 1, 2024, 12:00 AM UTC.

Whitelisted wallet details:

Testnet Participants who have successfully made at least 1 trade during the Panana Testnet Campaign:

Query URL: https://dune.com/queries/3582571

Arbitrum Ecosystem Traders:

Query URL: https://dune.com/queries/3586891

Invite Code Distribution Timeline

Start-time: May 10th, 2024 8:00 AM UTC
End-time:

  • For the testnet participants: Until the end of Closed Beta
  • For the Arbitrum Ecosystem Traders: May 20th, 2024 8:00 AM UTC

How to Claim Your Spot?

To see if you’re eligible and to claim your invite code, head over to the official Panana Finance website by clicking here. As a beta participant, you’ll earn Panana Points with every trade, paving the way for even more rewards and recognition in the future.

Participating in the Closed Beta gives you an advantage over later users by allowing you to earn points and establish yourself before the platform opens to the wider community.

Panana rewards traders with points for:

• Trading.
• Achieving milestones.
• Referring users on Panana.

Read more about the Panana Points system here.

If you have been successfully added to the whitelist, we extend our congratulations to you. However, if you are unable to claim the invite code from the Panana Platform, we assure you that there are many other opportunities to obtain it. We suggest keeping an eye on Panana's X account and joining the Discord community to participate in exciting giveaways that can provide you with invite codes.

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Panana Finance

The Panana Protocol is a decentralized derivatives exchange, that allows perpetual futures traders to trade RWAs, such as forex and cryptocurrencies.