---
id: E-05
name: Mallow
summary: Simple perps. Pick if ALGO goes up or down.
status: LIVE
version: 0.1.0
updated: 2026-07-12
logo: /projects/logos/square/mallow.png
site: https://usemallow.app
statsId: mallow
networks:
  - algorand
images:
  - /projects/screens/mallow.png
---

## 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](https://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.