Synthetix takes on counterparty risks with Infinex derivatives exchange
Decentralized finance protocol Synthetix is preparing to expand its range of affiliated products.
Synthetix founder Kain Warwick revealed intentions to introduce a new derivatives front-end called Infinex to the decentralized trading infrastructure of Synthetix. The upcoming exchange will cater to novice and experienced traders by offering features similar to centralized exchanges (CEX), such as a noncustodial central limit order book.
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