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Brent Crude Oil Futures Token Goes Live On DEX Exchange Synthetix

Mary Liu

Summary: According to Coindesk, the DEX exchange Synthetix has list Brent crude oil futures token: Synthetic Oil (sOIL), traders can take exposure to the world oil market through the DeFi portfolio. The pricing data of the sOIL token is provided by Chainlink, and the joint data of the Intercontinental Exchange (ICE) is used as the data ...

According to Coindesk, the DEX exchange Synthetix has list Brent crude oil futures token: Synthetic Oil (sOIL), traders can take exposure to the world oil market through the DeFi portfolio. The pricing data of the sOIL token is provided by Chainlink, and the joint data of the Intercontinental Exchange (ICE) is used as the data source. This product is one of the first physical assets to enter DeFi transactions except for the stablecoins.

By Mary Liu

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