# Squeeth v2
Squeeth v2 is a system for
1. power perpetuals with in-kind funding. (generalized power perps now)
2. The perpetuals are traded through delta-neutral pools. (strategies & crabworld)
3. Users can provide concentrated liquidity to these delta-neutral pools via an automated LP strategy which rebalances through regular gradual dutch auctions. (flo)
4. Short positions are maintained through a span margin system that recognizes the underlying assets, stablecoins, perpetuals, AMM LPs, and the automated LP strategy ownership token. (span)