FWX

FWX is a decentralized derivatives platform where users trade against the protocol, while the protocol fully hedges the risk of all positions using liquidity in its pools.

FWX has two primary services: lending and borrowing pools and derivatives trading. Unlike the traditional order-book-based double auction matching mechanism, FWX acts as a counterparty to all futures traders and applies a unique hedging algorithm to eliminate the risk using the liquidity in its single-token lending pools. Every futures trade submitted to the platform creates organic borrowing demand in the pools. This solves the problem currently faced by lending platforms in which there are many lenders but significantly fewer borrowers. The higher the trading volume, the higher the yield. With the daily trading volume of 500kUSD, FWX can generate organic yield of at least 20% for a 5mUSD pool.

FWX headquartered in Asia, operates in the Information Services, Information Technology, Financial Services, Finance, Banking, Lending, Trading Platform, Cryptocurrency sector. The company focuses on Information Services and has secured $800.0M in funding across 160 round(s). With a team of 11-50 employees, FWX is actively contributing to advancements in Information Services. Their latest funding round, Series A - FWX, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.