Express

Big Names Backed Leverj Launches Decentralized ETH And BTC Perpetual Swap Contracts

Mary Liu

Summary: Leverj, a decentralized derivatives trading platform established by former traders and engineers from JPMorgan Chase and Goldman Sachs, launched the perpetual swap contracts for Bitcoin and Ethereum today. Tether (USDT) and Dai (DAI) are used as margin and settlement currencies respectively. Leverj's futures contracts are supported by the data infrastructure of the research company Brave New ...

Leverj, a decentralized derivatives trading platform established by former traders and engineers from JPMorgan Chase and Goldman Sachs, launched the perpetual swap contracts for Bitcoin and Ethereum today. Tether (USDT) and Dai (DAI) are used as margin and settlement currencies respectively. Leverj's futures contracts are supported by the data infrastructure of the research company Brave New Coin. Coinshares Capital Markets provide market-making and liquidity.

Leverj is supported by several well-known companies in the crypto sector, including Coinshares, ConsenSys, stable currency system Maker, and Techemy Capital. Leverj plans to launch a third product in mid-January, the BNC DeFi index listed against USDT.

BY Mary Liu

  • Ethereum All Core Developers Execution Call #192 Writeup 2 days ago
  • The Product Gap in Blockchain: Shifting Focus from Infrastructure to User-Centric Appli... 4 days ago
  • What Would a Trump Presidency Mean for Bitcoin? 5 days ago
  • Google’s move on Wiz: a cybersecurity game-changer, or another pointless splurge? 7 days ago
  • The Risks and Rewards of Staking 7 days ago
  • You need to login to comment.