XVS this update, to put it plainly, is about making your idle funds come alive.

In the past, those perpetual contract DEXs, the margin you deposit was dead money—left there waiting for you to open positions and withstand volatility, mostly idle when not in use. After upgrading Extended Vault to XVS, the gameplay completely changed. The core logic is simple: the money you put into the Vault serves a dual purpose, acting as your margin for opening positions and also generating interest.

The benefits of this design are obvious. Margin is no longer just a risk buffer; it becomes an income-generating asset. Small idle funds can also earn yields, improving overall capital efficiency. For users, the same principal can be used for more activities; for the protocol, liquidity is more abundant. This is indeed a step toward the more mature evolution of perpetual contract DEXs.