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 Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 8 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 12 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago

    • You need to login to comment.