🍐
Pear Protocol Docs
  • Introduction
    • 🍐What is Pear Protocol?
    • ⛓️What is Pairs Trading?
  • Getting started
    • πŸ‘‹Entering the dApp
    • ❔How to Trade (Isolated Margin Mode)
    • ❔How to Trade (Cross Margin Mode)
    • πŸ§‘β€πŸ«Examples Of Narrative Trading
    • πŸ›‘Considerations
  • πŸ—οΈArchitecture and Infrastructure
    • 🫐Isolated Margin (GMX)
    • 🧊Cross Margin (Vertex)
    • β›ΊIntent Based RFQ (SYMM)
    • βš™οΈAPIs
  • Trading Costs and Incentives
  • πŸ’³Trading Fees
  • 🀝Referrals
  • βœ‚οΈstPEAR-based trading discounts
  • πŸ“ŠFee Rebates
  • Tokenomics
    • 🀝Token
    • πŸ₯©Staking
    • πŸ‘¬Staking walkthrough
    • Staking FAQs
    • 🌐DAO & Governance
    • Token Allocations
  • Smart Contracts
    • πŸ“—Smart Contract addresses
    • πŸ”Audits and Security
  • Resources
    • πŸ—ΊοΈRestricted Territories
    • πŸŽ’Brand Assets
    • πŸŽ’Portfolio Margin Explained (Vertex)
    • ⁉️FAQs
  • Privacy Policy
  • Terms of Service
Powered by GitBook
On this page
  1. Getting started

Examples Of Narrative Trading

PreviousHow to Trade (Cross Margin Mode)NextConsiderations

Last updated 1 year ago

Narrative Trading can be based on a host of different elements such as specific news & price movements.

Simple Narrative Trades

The most popular narrative trade is β€˜The Flippening’ where people believe the price of Ethereum will outperform Bitcoin. The resulting trade in this instance would be long Ethereum and short Bitcoin (ETH/BTC) .

You may even find that there is a lot of hype or talk around one token in particular for a variety of fundamental and technical reasons for e.g. Solana being pitched to outpace Ethereum. In this instance the trade you would make is to be Long Solana whilst Shorting Ethereum (SOL/ETH). The idea when pair trading narratives is that you make more from your 'winning' leg than you do on the 'losing' leg, resulting in a Net Positive PnL, all with much less than being outright long or short the market.

Recent Narratives

The Bitcoin ETF

Long $BTC / Short $ETH

Memecoin β€˜Mania’

Long $PEPE / Short $ETH

EIP-4844 Standard

Long $OP / Short $ETC

Bitcoin L2s:

Long $STX / Short $ADA

AI:

Long $NEAR / Short $BTC

πŸ§‘β€πŸ«