Overview
We are thrilled to introduce you to Lamda.exch. We are creating a decentralized exchange that will offer both inverse perpetual swaps and quanto contracts. We plan to launch on Monad's mainnet when it launches, with a demo version launching shortly on testnet.
Main features
Our initial inverse perpetual swap contracts will allow leveraged exposure to BTC and ETH price volatility without holding either native asset (i.e. traders use USDC as collateral for their position, regardless of the assets traded).
Quanto perpetual contracts allow exposure to the price of an asset against the USD exchange rate (such as BTCUSD) while still using another native asset as both collateral and the settlement currency. We envision this to be implemented alongside the release of a native token for Monad's chain. This will provide organic demand for this future native token.
Traders enjoy fees of just 0.075%. This can be reduced by staking our platforms token or providing liquidity for our DEX.
Leverage of up to 10x in the initial release, and up to 100x later depending on the contract.
Liquidity providers will earn a large portion of platform fees. Lamda.exch has the potential to offer lucrative returns to liquidity pool providers.
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