Express

​Delta Exchange Launches $50 million Liquidity Incentive Program

Mary Liu

Summary: According to a report from Blockworks, the crypto derivatives exchange Delta Exchange has launched a $50 million liquidity incentive program.  Users who deposit on the trading platform and participate in any contract trading activities will be eligible for rewards. Delta Exchange CEO Pankaj Balani said that the incentive plan will last until 2022. Rewards will ...

According to a report from Blockworks, the crypto derivatives exchange Delta Exchange has launched a $50 million liquidity incentive program. 

Users who deposit on the trading platform and participate in any contract trading activities will be eligible for rewards. Delta Exchange CEO Pankaj Balani said that the incentive plan will last until 2022. Rewards will be calculated and distributed on a daily basis, and the daily reward pool will be distributed among traders in proportion to the fees paid by traders. 

Delta Exchange is a crypto derivatives exchange and supports trading of Bitcoin futures and futures on over 50 top DeFi coins and altcoins. The company is supported by VCs including Sino Global, Aave Ventures, CoinFund, Kyber Network and Spartan. 

The platform claims that its daily transaction volume has exceeded $400 million, and the monthly transaction volume has reached a record high of $12 billion.

By Mary Liu

Last Update:

Tags: ,
Link: ​Delta Exchange Launches $50 million Liquidity Incentive Program   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 1 day ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • You need to login to comment.