PERI Finance
A decentralized cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity, A decentralized cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
$4.7m | Early VC | ||
| Total Funding | 000k | ||
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Pynths operates as a decentralized synthetic asset exchange and issuance protocol, providing users with infinite liquidity and the ability to trade with leverage on the Ethereum network. The platform facilitates the conversion of synthetic assets, known as Pynths, with no slippage, allowing for seamless trading experiences. Pynths supports both traditional financial and crypto assets, offering leveraged and non-leveraged synthetic products. The business model revolves around the use of PERI tokens, which are integral for governance and staking within the ecosystem. By minting Pynths, users can participate in the PERI Liquidity Pool, enhancing liquidity and trading volume. The platform also integrates with the Polkadot network, expanding its reach and capabilities. Pynths targets traders and investors seeking efficient and secure trading solutions, with features like lower GAS fees and protection against front running or flash loans. The platform's innovative approach to synthetic assets positions it as a key player in the growing RWA token market.
Keywords: synthetic assets, decentralized exchange, infinite liquidity, Ethereum, leverage trading, PERI tokens, governance, Polkadot, RWA market, liquidity pool.