Pascal is building the decentralized clearing infrastructure that DeFi has been missing. With capital-efficient margining, open settlement logic, and risk controls modelled after TradFi systems, Pascal is reimagining how derivatives platforms are built, governed, and scaled.
Now, this next-generation clearing protocol is preparing for its launch on the TrustSwap Launchpad.
🗓 Launchpad Applications Open: September 3 at 5 PM UTC
🚀 Token Generation Event (TGE): September 9
🏦 TrustSwap Entry Price: $35M FDV with 50% at TGE (Public Listing at $50M FDV)
⚠️ Conditional Refund Policy:
TrustSwap launchpad participants may request a refund under the following conditions:
- If the token’s 5-minute time-weighted average price (TWAP) on the official DEX pair trades at or below 100% of the initial listing price for any continuous 60-minute period within the first 24 hours post-TGE
- Or if the TGE is delayed by 10 days or more past the originally scheduled date
About Pascal
Pascal is the first on-chain clearing layer purpose-built for institutional-grade derivatives. It brings to DeFi what clearinghouses bring to TradFi: trusted margin logic, systemic risk controls, and scalable collateral efficiency.
By decoupling execution from settlement, Pascal lets any exchange, DAO, or structured product platform build on shared, transparent clearing infrastructure — all powered by the $PASC token.
The first platform powered by Pascal is already live and trading crypto futures: Jetstream.trade.
Key Features
💼 On-Chain Clearing Infrastructure
Purpose-built for futures and options, with performance that rivals traditional financial systems.
📉 Capital-Efficient Portfolio Margining
Real-time Value-at-Risk (VaR) logic slashes collateral requirements without compromising safety.
🧱 Modular Settlement Layer
Composable clearing logic, liquidation engines, and collateral pathways that DeFi builders can plug into.
🔐 Institutional-Grade Risk Management
Clear rejection logic, on-chain governance, and verifiable models modelled after real-world finance.
Why Pascal and $PASC Matter
Pascal is solving a trillion-dollar gap:
- DeFi lacks an infrastructure equivalent to clearing in TradFi
- Without it, derivative volumes are throttled and capital costs skyrocket
- Pascal offers the foundational back-office DeFi needs to scale like CME, not just mimic CEXs
📈 $35 Trillion Opportunity: TradFi derivatives volume dwarfs DeFi’s. Pascal gives crypto the rails to compete.
🏦 Exchange & DAO Adoption: Jetstream is already live on Pascal. More platforms are signing LOIs across RWAs, carbon, FX and crypto assets.
🧰 Power for Builders: Pascal is like Amazon for derivatives infra: anyone can build a platform and plug into a shared treasury and settlement engine using $PASC.
$PASC Token Utility
💰 Clearing Fees: Exchanges and protocols using Pascal pay settlement fees in $PASC.
📊 Staking & Rewards: Stakers support platform stability and earn rewards from protocol usage.
🔐 Governance: $PASC holders propose and vote on protocol upgrades and system logic.
🎁 Ecosystem Incentives: Users and devs are rewarded with $PASC for growth-aligned behavior.
⚙️ Jetstream Integration: Stake $PASC to earn Jetstream Points (future $JETS) and participate in real trading platform governance.
Pascal Launch Details
- IDO on TrustSwap: September 3, 2025
- Token Ticker: $PASC
- Chain: Ethereum Mainnet
- Raise Amount: $150,000
- TrustSwap Entry Price: $35M FDV with 50% at TGE
- Public Listing FDV: $50M
- Initial Market Cap (excl. liquidity): $3M
- Circulating Supply at TGE: 6.6% (was 6% previously)
- DEX Listing: Uniswap
- Conditional Refund Policy: 24hr (triggers if price falls below TGE price continuously for 60mins)
Tokenomics Overview
Meet the Pascal Team
👤 James Davies – Co-Founder & CEO
LinkedIn | Twitter
👤 Ivan Ivashchenko – Co-Founder & CTO
LinkedIn
👤 Mathias Lundoe Nielsen – Co-Founder & CSO
LinkedIn | Twitter
👤 Jules Ratcliffe – CFO & COO
LinkedIn | Twitter
Participation and Allocation
This launch is open to the public with guaranteed allocations available to eligible $SWAP stakers.
✅ Stake 4,000+ $SWAP for guaranteed allocation
✅ Complete KYC through Sekuritance
✅ Available in eligible jurisdictions only
Step-by-Step Guide to Participate
- Top Up SWAP Staking
Visit TrustSwap Staking and ensure your score meets or exceeds 4,000. - Complete KYC
Use Sekuritance to verify identity and eligibility. - Apply on TrustSwap
Starting September 3 at 5 PM UTC, visit the TrustSwap Launchpad to submit your application. - Receive Your Allocation
Post-snapshot, receive your allocation and confirm participation. - Fund Your Allocation
Use USDT/USDC on Ethereum, BSC, or Polygon to fund within the 24h window.
Pascal Official Links
🌐 Website: pascalprotocol.com
📄 WhitePaper: docs.pascalprotocol.com
💰 Token Page: pascalprotocol.com/pasc-token
📰 Blog: pascalprotocol.com/blog
🐦 Twitter: x.com/PascalClearing
💬 Telegram: t.me/PascalClearing
💬 Telegram Chat: t.me/PascalClearing_chat
👥 Discord: discord.com/invite/YVVXWeS92m
🔗 LinkedIn: linkedin.com/company/pascalprotocol