# What is Pear Protocol?

By connecting to top on-chain trading engines like Hyperliquid and SYMM - Pear enables users to take and manage **simultaneous long and short positions**—with leverage—within a single, streamlined interface.

This solves the fragmented and manual nature of pair trading in crypto, offering:

* **One-click execution** of long/short trades across supported venues
* **Seamless charting** and analysis of any pair
* **Risk transparency,** including PnL, net funding and position metrics in one dashboard
* **TP/SL** on the ratio itself for superior risk management
* **Limit and TWAP orders** to improve execution for pair traders

Whether you're trading narratives (e.g., SOL vs ETH) or exploiting mispricings (e.g., TVL vs FDV), Pear simplifies trade execution and management—giving both retail and professional traders the tools to trade smarter in DeFi.