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ClearDAO DeFi Derivatives Factory Lists On KuCoin -Breaking

by Mike Robinson

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ClearDAO DeFi Derivatives Factory Lists On KuCoin

ClearDAO has announced that its CLH token will be listed on KuCoin starting Jan 7, 2013 at 13:00 UTC. All users will have access to the CLH/USDT trading pair. ClearDAO marks the beginning of KuCoin Spotlight 2022.

ClearDAO has raised three million dollars through private and seed sales. Huobi Ventures has invested in ClearDAO as well as LD Capital and KuCoin Labs. WOO Ventures, Gate.io and Redline DAO have also been strategic investors.

ClearDAO will be building a crypto derivatives factory that provides developers with SDKs and tools to speed the creation of marketplaces and crypto derivatives. ClearDAO has successfully completed template development for perpetual futures, options, perpetual notes and CDS. This project supports Arbitrum, BSC and Arbitrum with a multiblockchain strategy.

The crypto sector’s derivatives industry, compared to traditional finance is still in its early stages. Three major issues are:

  • Mangel of derivative varieties
  • Lack of risk management.
  • New asset classes like NFTs do not have derivatives.

    • ClearDAO is confident that the derivatives market will continue to grow as DeFi becomes mature and crypto-friendly institutions adopt it. ClearDAO accelerates growth by making it easier for developers to make bespoke derivatives, and lower the entry barrier.

    ClearDAO is committed to user experience. ClearDAO launched its proof-of concept barrier trading platform on several testnets one month ago. The marketplace has been tested by over 3000 users who have provided feedback. ClearDAO strives to make the marketplace easy to use by providing a simple interface that allows users to easily execute trades.

    ClearDAO plans to launch Clear SDK version 1.0 during Q1 2022, according to the project roadmap. ClearDAO will also launch a developer program that provides support for promising teams, marketing and funding resources, as well as technical assistance. ClearDAO’s ecosystem will be made up of several derivatives exchanges that are managed by many teams and offer users very diverse types of derivative products.

    KuCoin now has CLH/USDT trading pairs available on Gate.io.

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