Spin and Polygon zkEVM Integration

Published on: 06.06.2023
Spin and Polygon zkEVM Integration

Spin, a prominent decentralized trading and investments platform, is set to bring its institutional-grade derivatives infrastructure to the Polygon zkEVM network. 

This strategic move allows Spin to harness the scalability, low fees, and Ethereum compatibility and security offered by Polygon’s zero-knowledge scaling solution. Paving the way for enhanced trading experiences and expanded opportunities for both retail and institutional users.

By integrating with Polygon zkEVM, Spin aims to develop an institutional-grade trading and investments platform. This strategic move allows Spin to tap into the unique benefits of Polygon’s scalability, cost-efficiency, and Ethereum compatibility.

Leveraging the power of zero-knowledge proofs. Spin’s derivatives infrastructure on Polygon zkEVM will enable users to trade a diverse range of derivative products with enhanced speed, lower fees, and the ultimate security of the Ethereum network.

The platform will continue to prioritize security, while expanding its offerings to include new derivative products and supporting multiple blockchains. Thereby broadening its user base and catering to the growing demands of both retail and institutional traders.

Spin’s integration with Polygon zkEVM marks a significant milestone in the evolution of decentralized derivatives trading.

By capitalizing on Polygon’s zero-knowledge scaling solution and Ethereum compatibility, Spin is poised to revolutionize the trading experience for both retail and institutional users.

The forthcoming institutional-grade trading and investments platform on Polygon zkEVM holds the promise of higher throughput, lower fees, and expanded opportunities for traders. Further cementing Spin’s position as an industry leader in the decentralized finance ecosystem.

About Spin

Spin is a 360° decentralized trading platform on NEAR Protocol that enables Spot, Perpetual contracts, and Options trading.

Website | Twitter



Market Stats:
BTC Dominance: 52.58%(+0.37%/24h)
ETH Dominance: 17.26%(+0.00%/24h)
Defi Market Cap: $71.18B(-16.58%/24h)
Total Market Cap: $1624.32B(-1.18%/24h)
Total Trading Volume 24h: $52.3B(-24.63%/24h)
ETH Market Cap: $280.43B
Defi to ETH Ratio: 25.38%
Defi Dominance: 4.18%
Altcoin Market Cap: $770.32B
Altcoin Volume 24h: $37.68B
Total Cryptocurrencies: 27297
Active Cryptocurrencies: 8888
Active Market Pairs: 66436
Active Exchanges: 680
Total Exchanges: 7479
BTC: 43681.93$(-0.05%/1H)
ETH: 2334.54$(-0.02%/1H)
AVAX: 32.08$(0.43%/1H)
BNB: 238.44$(-0.01%/1H)
MATIC: 0.89$(-0.27%/1H)
FTM: 0.39$(-1.02%/1H)
ADA: 0.58$(-0.38%/1H)
DOT: 7.04$(-0.02%/1H)
UNI: 6.57$(-0.91%/1H)
CAKE: 2.48$(0.26%/1H)
SUSHI: 1.3$(-0.46%/1H)
ONE: 0.02$(0.05%/1H)