overview

mirage is building modular money on Move. at its core, mirage is a liquidity layer that leverages synthetic assets to power a wide range of financial products. the mirage team has built out a high-performance perps DEX (mirage market) and allows others to build their own protocols by tapping into mirage's liquidity.

liquidity is sourced from the minting of mirage assets - users deposit high quality collateral and receive a synthetic asset in return. the first mirage asset is the stablecoin mUSD, which can be swapped for other tokens or used within the mirage ecosystem. for example, mUSD serves as margin on the perps DEX.

mirage is built for Move-based ecosystems, starting with Aptos and Movement, delivering a level of speed and security unrivaled in the market today — enabling best-in-class UX with near-instant execution and minimal fees.

mirage was built by a small team of software developers with deep experience building on and off-chain trading systems at top institutional trading firms.

the vision behind mirage is simple: deliver a platform that allows LPs to seamlessly tap into yields generated by a variety of cutting-edge financial products.

mirage protocol is currently preparing for testnet v2. documentation is subject to change.