Finance News

Story: Moet Finance Launch Announcement on Solana (SOL)

By Maheen Hernandez

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Moet Finance is a scalable, decentralized, capital-efficient derivatives exchange built on Solana. Launching with perpetuals and options.

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Moet Finance expressed:  Today we’re incredibly excited to announce Moet Finance: the first decentralized perpetuals + options protocol built on Solana and Project Serum…

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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…

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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…

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Our Hybrid Virtual Automated Market Maker (vAMM) provides double-sided quotes on Serum order-books.

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We will also be introducing cross-margining, unique liquidation mechanisms and a dynamic vAMM curve with pricing mechanisms specific to perpetuals and options.

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We'll be launching our perpetuals alpha on devnet over the next month — stay tuned for the first perpetuals trading experience on Solana.

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The different features are Global collateral vault, virtual AMM, Liquidation Engine and Insurance Fund, Virtual Token Factor and Serum order book, and clearing house.

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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.

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The Community members were like:  Excited to see brilliant team keep building on the Solana blockchain. Can't wait to try out the product.

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Have been working with the team behind Moët and can absolutely stand by them. Professional, hard-working, committed and always delivered.

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Strong team, with previous experience in TradFi, awesome to see more products like that coming to Solana.

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Previously in May, about 5 new funds bought $100M to boost the growth of the Solana Ecosystem.

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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.

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Solana are continuing to work on Blockchani Apps which scale.  Solana with the 400ms block times and $0.

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