BitDEX: A decentralized exchange for perpetual swaps

Quick Take

  • Financial services platform UMA has released a specification regarding a decentralized protocol for perpetual swaps, BitDEX
  • BitDEX presents a way to provide highly leveraged exposure to any target asset in a non-custodial, permissionless fashion
     
Universal Market Access (UMA) is a platform for financial product innovation on Ethereum. The project is comprised of two intersectional products: a synthetic token issuance platform and an oracle mechanism.  Recently, the UMA team published a paper, BitDEX: Building a Decentralized BitMEX using Priceless Financial Contracts, outlining a specification for a bi-lateral Contract for Difference […]

Join The Block Research to
Unlock this Article

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Related Reading

More