Mallow
Overview
Mallow is a small perps desk for people who just want to take a side. You pick whether ALGO goes up or down, stake USDC, and cash out when you want. It is live on Algorand.
The app is usemallow.app.
How it works
Each bet opens a 1× USDC position. Up is a long, down is a short. The quote on the desk is the live ALGO/USD price.
- One tap picks the side. There is no order book to read.
- Positions are USDC, on Algorand.
- A Pro desk sits in the same app for people who want the fuller ticket.