Surf Protocol is a derivative exchange that allows trading and listing of assets with spot prices on centralized exchanges or Uniswap, offering Liquidity Providers (LPs) the ability to earn trading fees by assuming positions for traders. The protocol’s unique AMM structure empowers LPs to balance securing high fees with prioritizing their position, creating a wide range of liquidity curve shapes for different assets. Surf Protocol aims to enhance the competitiveness of Perp DEXs and expand their market share against centralized exchanges by offering a diverse range of tradable assets with low fees.