PowerTrade Management Team Explains the Benefits of Automated Market Makers
PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements. At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading with simple, fast, mobile-first trading for crypto options. Mario Gomez Lozada is the CEO of PowerTrade, and Richard Hodges is in charge of Trading & Risk at the company. They recently joined the Bitcoin.com News Podcast to talk about the platform, Automated Market Makers (AMMs) and much more:....
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Solanax, the Automated Market Maker or AMM based on Solana blockchain, is making a difference in the decentralized finance or DeFi space due to its faster blockchain speed, better and simple interface, and low gas price. As a result, it continues to drive investors to its private sales. Automated market makers (AMMs) have come a […]
Mike Belshe, CEO and co-founder of BitGo, explains how decentralized finance will disrupt traditional finance through use cases like automated market makers. The global decentralized finance (DeFi) market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks and traditional financial institutions still tend to be unaware of DeFi’s potential. While this may be, industry experts within the crypto sector are predicting that decentralized finance will overtake traditional financial....
Polysynth aims to support trading for 100,000 different synthetic tokenized assets through its “virtual market maker” protocol. Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors.The team announced a $1.5 million funding round as part of its seed round on Nov. 15, revealing participation from Jump Capital, DeFi Alliance, Hashed, and a number of individuals such as Alan Howard, co-founder of Brevan Howard Asset Management, and Polygon’s co-founders Sandeep Nailwal and Jaynti Kanani. Polysynth stated....
Automated market makers are a true public good in crypto, enabling genuinely decentralized trading 24/7 and supporting the wider DeFi ecosystems. But theyre not without a host of problems, writes digital economist and academic Christos A. Makridis.The decentralized finance (DeFi) market has surged since 2021, growing from just over $20 billion to nearly $160 billion as of March 2022, compared with a rise in the total cryptocurrency market from $433 billion to $2.5 trillion over the same period.While the recent crypto washout in the wake of the collapse of Terras LUNA and UST has caused the....