Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

ClearDAO DeFi Derivatives Factory Lists On KuCoin

CryptocurrencyJan 07, 2022 10:02AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
ClearDAO DeFi Derivatives Factory Lists On KuCoin

ClearDAO announced its project token CLH will list on KuCoin on Jan 7th 13:00 UTC. The CLH/USDT trading pair will become available to users of the exchange. ClearDAO is the first KuCoin Spotlight project of 2022.

ClearDAO has raised 3 million dollars in seed and private sales. Strategic investors include Huobi Ventures, LD Capital, KuCoin Labs, WOO Ventures, Gate.io, Redline DAO, VRM, StillWater Research and others.

ClearDAO is building a decentralized crypto derivatives factory to provide developers with SDK and tools to accelerate the development of crypto derivatives and marketplaces. To date, the project has completed the template development of options, notes, perpetual futures, and CDS. The project has a multi-blockchain strategy and already supports Ethereum, BSC, Solana and Arbitrum.

Compared to traditional finance, the derivatives sector in the crypto industry is in its infancy. The 3 major pain points are:

  • Lack of derivative variety.
  • Absence of risk management.
  • No derivatives for new asset classes such as NFTs.
  • As DeFi matures and institutions embrace crypto, ClearDAO believes the market share of derivatives will increase for the foreseeable future. By enabling developers to create bespoke derivatives and lowering the barrier of entry, ClearDAO is accelerating the growth of the derivatives sector.

    User experience is a core focus at ClearDAO. The project has launched a proof-of-concept barrier trading marketplace on several testnets a month ago. Since then, over 3000 participants have tried the marketplace and provided user feedbacks. ClearDAO aims to provide a clean and simple user interface so users can intuitively complete the trades they wish to execute.

    According to project roadmap, ClearDAO will launch the Clear SDK v1.0 in Q1 of 2022. In the same quarter, the project will kick off developer program to provide promising dev teams with technical support, funding and marketing resources. The ClearDAO ecosystem will consist of multiple derivatives exchanges run by multiple teams, offering users with very different types of derivative products.

    CLH/USDT trading pair is now live on KuCoin and Gate.io.

    Continue reading on DailyCoin

    ClearDAO DeFi Derivatives Factory Lists On KuCoin
     

    Related Articles

    Add a Comment

    Comment Guidelines

    We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

    •            Enrich the conversation, don’t trash it.

    •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

    •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

    • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
    • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
    • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
    • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
    • Only English comments will be allowed.

    Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

    Write your thoughts here
     
    Are you sure you want to delete this chart?
     
    Post
    Post also to:
     
    Replace the attached chart with a new chart ?
    1000
    Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
    Please wait a minute before you try to comment again.
    Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
     
    Are you sure you want to delete this chart?
     
    Post
     
    Replace the attached chart with a new chart ?
    1000
    Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
    Please wait a minute before you try to comment again.
    Add Chart to Comment
    Confirm Block

    Are you sure you want to block %USER_NAME%?

    By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

    %USER_NAME% was successfully added to your Block List

    Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

    Report this comment

    I feel that this comment is:

    Comment flagged

    Thank You!

    Your report has been sent to our moderators for review
    Continue with Google
    or
    Sign up with Email