What is Pear Protocol?

Orchard is the name of our trading engine for pair and basket trading. It enables you to trade long/short with leverage, and let an AI co-pilot, statistical tooling, and multi-venue routing do the heavy lifting.

The pair is the primitive. Everything else is a layer on top of it:

Pairs: the classic long/short trade (long SOL, short ETH), executed as two synchronized perp legs on the ratio between them.
Baskets: many longs against many shorts in one position, so you can trade a whole narrative instead of a single pair.
Agent Pear: a conversational AI that researches markets, proposes trades and baskets, and executes on your confirmation. It also auto-rebalances your trades if you want.
Multi-venue: route to Hyperliquid, Lighter, and (in Pear Pro) Binance, Bybit and OKX, without leaving the terminal.

This solves the fragmented, manual nature of relative-value trading in crypto:

One-click execution of long/short trades across supported venues
Seamless charting and correlation/cointegration analysis of any pair or basket
Risk transparency: PnL, net funding, and position metrics in one dashboard
TP/SL on the ratio itself, plus limit, TWAP, Trigger and Ladder orders
Auto-Rebalance to keep a position beta neutral
Agent Pear to turn a hunch, typed or spoken, into a structured trade

Whether you’re trading narratives (SOL vs ETH), fundamentals (TVL vs FDV), equities vs crypto, or statistical mispricings, Orchard gives retail and professional traders the tools to trade smarter in DeFi.

Pear does not hold or custody user funds. Orchard is a management and execution layer; your collateral stays on the venue you deposited it to.

We currently have 6 products built on top of the Orchard trading engine.