Express

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

Last Update:

Tags: ,,,
Link: Brent Crude Oil Futures Token Goes Live On DEX Exchange Synthetix   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago

    • You need to login to comment.