Exotic Markets, a DeFi platform based on the Solana Blockchain, is bringing crypto-based derivatives and structured products to the Solana blockchain. The protocol offers numerous distinct trading strategies and payoffs for the largest variety of underlying tokens, enabling investors to hedge, earn income, and convey directional opinions. Exotic$5 million in a private deal headed by Multicoin and Ascensive Assets in January 2022.
Structured Products are investment products that often comprise interest-bearing assets and one or more derivatives. Structured products are intended to meet highly specific risk-return goals and may be attached to any underlying asset or basket of securities. As a result, structured products provide individual investors with simple access to derivatives, with the ability to combine a number of assumptions into a single instrument serving as the main draw.
Optionality of the note: Vanilla Call, Vanilla Put, Double Digital, Single Digital, Call Spread, Put Spread. Kick-in/out barriers. All will be clearly explained on the UI and this documentation. Once again, possibilities are endless on Exotic thanks to its flexibility from the start. Based on data from 42 exchanges, the cryptocurrency derivatives market’s trading volume for the third quarter of 2020 was $2.7 trillion, according to Tokeninsight’s Cryptocurrency Derivatives Exchange Industry Report. This is a 25.1 percent increase from the previous quarter and a 159.4 percent increase year-over-year from the third quarter of 2019, illustrating the massive growth in crypto-derivatives in recent years.
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