Flash

A gasless decentralized perpetuals exchange on the Blast L2 network that offers traders native yield on their collateral.

## Executive Summary Flash is a decentralized perpetuals exchange (DEX) built natively on the Blast Layer-2 network. Its core proposition is to offer a capital-efficient trading experience by combining leveraged derivatives trading with the native yield generation capabilities inherent to the Blast ecosystem. Unlike traditional exchanges, Flash allows traders to earn a yield on the collateral (such as USDB and ETH) deposited into the platform, meaning capital remains productive even when not actively in a position. The platform focuses on eliminating common friction points in DeFi by offering