MPX and Position Tokens are live.
Claim MKT for paying reduced fees and make your first trade today on MPX.
Introducing Our First Token — Leveraged BTC/DAI
We make it easy to get short (sBTC) or long (LBTC) leveraged Bitcoin (as an ERC-20 token) on the Ethereum blockchain. Come trade today. At launch, MPX is not available to traders in the United States, thank you for being patient as we work to make access available more widely.
We’re changing the way you trade, starting with sBTC and LBTC:
- Synthetic price exposure. Trade the price of BTC on the Ethereum network
- Safe leverage magnifies long or short gains
- No margin calls, socialized losses or capital calls
- We’ve removed forced liquidations or market blowouts
- On-chain collateral and settlement
- No wrapping, no borrows, no BTC custodian
What’s next?
- Trade more crypto assets like XRP, EOS and XMR as ERC-20 tokens
- Traditional assets on chain, like a FANG stock index
- Totally new assets like a Crypto Volatility Index (similar to VIX)
What is MARKET Protocol?
MARKET Protocol lets users mint tokenized assets which can represent any asset, such as Apple shares, YEN, or 2x leveraged short Bitcoin. Our smart contracts enforce token rules, which eliminate counterparty risk. Built as ERC-20 assets, our tokens can trade on any exchange or application.
Soon someone in the Philippines can invest in a US stock index, a person in an unstable region can access a reserve currency, or a crypto trader can profit from a decline in the price of Litecoin.
Check out our educational blog series for a more in-depth view of our platform:
- Pricing
- Trading
- Minting & Redemption (coming soon!)
- Expiration & Settlement
- The MKT Token & Rewards
- Leverage
Stay tuned by subscribing to our newsletter and joining our Telegram channel!
If you are interested in listing Position Tokens or making markets, send us an email at partnerships@marketprotocol.io.
