Hong Kong, China, July 27th, 2023, Chainwire
Hong Kong, China, July 27th, 2023, Chainwire
Creating a new exchange standard
More recently, OPNX launched oUSD, its native credit currency. Soon, users will be able to use on-chain assets such as BTC, ETH, OX, sETH, RLB, PEPE and more as collateral with off-chain order matching, allowing for provable solvency and liquidation, with on-chain security of user funds. Put together, this forms the foundation of an exchange with CeFi performance and DeFi security. Since launch 2 months ago, OPNX has been steadily growing every week and is now averaging over $50M/day volume.
About Open Exchange (OPNX)
The vision for OPNX spans two goals to solve the industry's biggest problems: First, to combine the best of Centralized and Decentralized finance to create a trading platform that optimizes for both performance and security.
Second, to facilitate the tokenization and trading of real world assets that currently face opaque and inefficient markets, starting with the $20B crypto bankruptcy claims market. OPNX users can now tokenize their Celsius and FTX claims and unlock immediate liquidity by using them as collateral to trade crypto futures on the platform.
About Crypto Banter
Crypto Banter is a crypto live streaming Youtube channel, which includes Ran’s Main Show and Miles’ DeFi Show. The former is hosted by Ran Neuner and brings users the latest crypto news, hot stories, and features that cover altcoins, top founders, market trends, and market fundamentals, while the latter is hosted by Miles Deutscher and covers everything Decentralized Finance.
Contact
CEOLeslie Lamb
OPNX
info@opnx.com