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Predy V3.2 Review 2026: Arbitrum Perpetuals and LPs

Predy V3.2 is an Arbitrum derivatives protocol for Squart and ETH perpetual trading, with portfolio margin and tools for delta-neutral or leveraged LP positions. Its stated design is specialized, but fee, audit and risk details are sparse.

By the DappsAtlas editorial team · Updated

DappsAtlas score

5.5/10

Mixed

Our verdict on Predy V3.2

5.5/10

Predy V3.2 is aimed at traders who want Arbitrum perpetuals, portfolio margin, or specialized LP strategies. Its main appeal is the combination of ETH perpetual trading with a Squart design intended to avoid strike-based liquidity fragmentation. The main caveat is the lack of published detail: fees, collateral support, margin parameters and security information are not clear, and no audit is listed. Treat it as a higher-risk derivatives venue and confirm the terms in the interface before committing funds.

Score breakdown

How Predy V3.2 scores

Security
n/a
Ease of use
5.0/10
Fees
n/a
Features
6.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Predy V3.2?

Predy V3.2 is a derivatives protocol on Arbitrum. It supports Squart and ETH perpetual trading, with portfolio margin and a focus on delta-neutral and leveraged LP positions. The project says its Squart design removes strikes and aims to reduce liquidity fragmentation.

The protocol may interest experienced traders seeking these specific products. However, key details—including fees, supported collateral, margin parameters, audits and the team—are not published here, so users should verify them before taking on exposure.

How Predy V3.2 works

Predy V3.2 combines perpetual trading with portfolio margin on Arbitrum. Portfolio margin generally accounts for exposure across positions when determining required collateral, rather than treating every position in isolation. That can make capital use more efficient, but it also means losses across positions can affect available margin and raise liquidation risk.

The project calls its perpetual-options design Squart. It says Squart removes strikes to address liquidity fragmentation and gives positions gamma similar to at-the-money options. Predy also aims to simplify delta-neutral and leveraged LP strategies, and describes LP positions as remaining in range. The project does not publish enough detail here to assess the exact strategy mechanics or the conditions behind that claim.

4 features

Key features

01

Perpetual trading

The protocol supports Squart and ETH perpetual trading, though further market details are not published.

02

Portfolio margin

Portfolio margin is intended to let traders manage exposure across positions using shared margin.

03

Squart markets

Predy presents Squart as a way to avoid strike-based liquidity fragmentation while retaining gamma exposure.

04

LP strategies

The protocol aims to make delta-neutral and leveraged LP positions simpler to create, and says LP positions remain in range.

Pros and cons

What we like

  • Combines perpetual trading and portfolio margin on Arbitrum.
  • Offers a distinctive Squart design that the project says removes strikes.
  • Targets delta-neutral and leveraged LP strategies as well as perpetual trading.

Watch out for

  • Fees and supported collateral are not published.
  • No audit is listed, leaving smart-contract risk difficult to assess.
  • Portfolio margin can increase liquidation risk when positions move against you.
  • The project describes LP positions as remaining in range, but does not explain the mechanism or its limitations in detail.

Predy V3.2 fees

Predy V3.2 does not publish a fee schedule. Check the trading interface for any trading, funding, or position-related charges before opening a position; blockchain transaction fees on Arbitrum may also apply.

Is Predy V3.2 safe?

No audit is listed for Predy V3.2, and detailed information about its contracts, custody model, security practices or incident history is not published. Interacting with derivatives contracts carries smart-contract and transaction risks; portfolio margin and leverage can also lead to liquidation and losses.

5 steps

How to get started with Predy V3.2

  1. 1

    Locate the current Predy interface through the project's official channels.

  2. 2

    Use a wallet that supports Arbitrum and review the network and transaction details before connecting.

  3. 3

    Check which markets and collateral are currently supported in the interface.

  4. 4

    Review margin requirements, fees, and liquidation conditions before opening a position.

  5. 5

    Start with a position size you can afford to lose and monitor its margin and exposure.

Who Predy V3.2 is for

Predy V3.2 is best suited to experienced DeFi traders who understand derivatives, margin and LP exposure, and specifically want to explore perpetual trading or delta-neutral and leveraged LP strategies on Arbitrum. It is less suitable for beginners or anyone who needs clearly published fees, audited contracts and detailed product documentation before using a protocol.

Predy V3.2 FAQs

What is Predy V3.2?

Predy V3.2 is an Arbitrum derivatives protocol. It supports Squart and ETH perpetual trading and is designed to simplify delta-neutral and leveraged LP positions.

What is Squart on Predy?

Squart is Predy's described approach to perpetual options liquidity. The project says it eliminates strikes, addressing liquidity fragmentation, and gives positions gamma similar to at-the-money options.

Which blockchain does Predy V3.2 use?

Predy V3.2 is listed on Arbitrum. Check the current interface for supported assets and collateral before connecting a wallet or trading.

What fees does Predy V3.2 charge?

Predy does not publish a fee schedule in its project description. Check the trading interface for applicable fees before placing a position.

Is Predy V3.2 safe to use?

No audit is listed, and the project does not publish detailed security or custody information. Derivatives and leveraged LP positions can also lose value or be liquidated.

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How we checked

Sources

  1. 1.defillama.com/protocol/predy-v3.2

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