June 29 (Cointime) - Flare Network and aiPX Finance have partnered to launch a decentralized non-custodial perpetual exchange on the blockchain. Traders can deposit their assets into smart contracts, eliminating the need for a third party to enhance direct trading. The exchange will initially include three liquidity pools, with more developments set to launch in the future.
The platform will offer blockchain-enabled leverage trading, seamless token swaps, staking opportunities for protocol revenue participation, and inclusive user governance. The Flare Time Series Oracle (FTSO) will be used to calculate collateral calculations and liquidation thresholds.
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