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What is Cap?
Cap is a non-custodial exchange for perpetual contracts built on Arbitrum. Cap was founded by an anonymous team and launched in 2021.How does Cap work?
Liquidity providers deposit funds into Cap and receive trading fees from traders (supply-side fees).Who governs Cap?
CAP token holders own and govern the protocol. They currently take a cut of trading fees paid by traders (revenue).The values in this graphic are examples and do not reflect actual values. Treat them as approximations.