Moet Finance is a scalable, decentralized, capital-efficient derivatives exchange built on Solana. Launching with perpetuals and options.
Moet Finance expressed: Today we’re incredibly excited to announce Moet Finance: the first decentralized perpetuals + options protocol built on Solana and Project Serum with a hybrid virtual AMM and order book.
Onchain derivatives will be the next frontier of DeFi. The Moet team is working hard to bring the vision of a blazing fast, low-fee, CEX-like perpetuals + options trading experience to Serum & Solana.
Moet’s key differentiator is its hybrid-vAMM model, an evolution of simple constant-product AMMs, which seeks to provide the deepest liquidity on on-chain orderbooks with fair market pricing for derivatives.
Our Hybrid Virtual Automated Market Maker (vAMM) provides double-sided quotes on Serum order-books. The vAMM provides backstop long-tail liquidity from passive LPs, whilst order-book matching on Serum allows for lower slippage with active market makers.
We will also be introducing cross-margining, unique liquidation mechanisms and a dynamic vAMM curve with pricing mechanisms specific to perpetuals and options.
We’ll be launching our perpetuals alpha on devnet over the next month — stay tuned for the first perpetuals trading experience on Solana.
The different features are Global collateral vault, virtual AMM, Liquidation Engine and Insurance Fund, Virtual Token Factor and Serum order book, and clearing house.
The features are focused on blazing low fees, near-instant settlement, fair volatility, pricing and deep liquidity with a hybrid limit order book and virtual AMM model.
The Community members were like: Excited to see brilliant team keep building on the Solana blockchain. Can’t wait to try out the product.
Have been working with the team behind Moët and can absolutely stand by them. Professional, hard-working, committed and always delivered.
Strong team, with previous experience in TradFi, awesome to see more products like that coming to Solana.
Previously in May, about 5 new funds bought $100M to boost the growth of the Solana Ecosystem. Each of these funds bought in $20 million in investment to boost growth and development for Solana in the Chinese region.
Coindesk reported, Three funds from crypto exchange Huobi; Gate.io’s investment arm, Gate Labs; and crypto investment firm NGC Ventures have each contributed $20 million. And, two additional funds established by the wallet provider MATH Global Foundation and digital asset management group Hash Key with each investing $20 million.
Solana are continuing to work on Blockchani Apps which scale. Solana with the 400ms block times and $0.0001 USD per transaction gets the scale necessary to make cryptocurrency useful for everyday people.
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