Decentralized Derivatives Exchange 01 Announces Mainnet Launch

Published on: 16.01.2022
01 Exchange will launch this month, featuring both Perpetual Futures and Power Perpetuals for the first time on Solana.

O1 Exchange Set Mainnet Launch Date

After much speculation, Solana-based decentralized derivatives platform 01 Exchangelooks to launch later this month. The protocol, upon mainnet launch, will offer both Perpetual Futures and Power Perpetuals (SQUOL) built on Serum.

The protocol’s Official Tweet thread on January 13th disclosed that the mainnet launch would officially go live on January 27th. 01 Exchange also wrote on the thread that the team put so much effort over the past months to develop one of the best derivatives exchange protocols in the crypto space.

What is 01 Exchange?

01 Exchange is a full-suite decentralized derivatives exchange, offering a platform to trade both Perpetual Futures and Power Perpetuals for the first time on Solana. In addition, both products will enable cross-margining across both Futures (Perps) and Options-like (Powers) positions, powered by a fully on-chain limit order book experience through Serum.

🔽DETAILS:

https://www.solana.news/post/decentralized-derivatives-exchange-01-announces-mainnet-launch?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com

Market Stats:
BTC Dominance: 57.66%(+0.22%/24h)
ETH Dominance: 13.86%(-0.32%/24h)
Defi Market Cap: $151.07B(+6.40%/24h)
Total Market Cap: $3802.56B(-3.09%/24h)
Total Trading Volume 24h: $170.87B(-2.16%/24h)
ETH Market Cap: $526.44B
Defi to ETH Ratio: 28.7%
Defi Dominance: 3.89%
Altcoin Market Cap: $1609.88B
Altcoin Volume 24h: $108.71B
Total Cryptocurrencies: 35895
Active Cryptocurrencies: 9531
Active Market Pairs: 108369
Active Exchanges: 845
Total Exchanges: 10926
BTC: 110083.51$(-0.13%/1H)
ETH: 4362.15$(-0.57%/1H)
AVAX: 23.94$(-0.76%/1H)
BNB: 857.68$(-0.18%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.83$(-0.41%/1H)
DOT: 3.8$(-0.76%/1H)
UNI: 9.61$(-0.69%/1H)
CAKE: 2.51$(-0.92%/1H)
SUSHI: 0.76$(-1.18%/1H)
ONE: 0.01$(-0.77%/1H)