Strategic Partners:
HAPI Cybersecurity Protocol x RiskSwap

Spin
Spin Finance
Published in
2 min readOct 11, 2021

We’re delighted to announce the establishment of a long-term strategic partnership between HAPI, an on-chain cybersecurity protocol for DeFi, and RiskSwap, a multichain DEX designed for controllable risk futures and options trading. This partnership will help us unite the companies’ attempts in providing users with secure, transparent, and frictionless DeFi, where trading futures and perpetual contracts, as well as options, is no longer an instrument for geeks only.

As the first step in our long-term partnership, HAPI invests $50,000 in the development of the RiskSwap DEX whose mission is to provide users from around the world with decentralized instruments to trade cryptocurrency futures and options and professionally control their position risks.

About HAPI

HAPI is an on-chain cybersecurity protocol for DeFi with trustless oracles that prevent hacker attacks. The company develops cross-chain solutions that suit the most popular blockchains and allow for protecting CEXes and DEXes against malicious attacks and accepting stolen funds.

Additionally, the protocol protects crypto people from trading high-risk coins by providing exchanges with an instrument to track smart contract audits initiated by different projects. If not audited, the crypto exchange can notify the trader of possible risks or even impose a limit for buy/sell order amount, or restrict any operations with such high-risk tokens.

About RiskSwap

RiskSwap is a multichain DEX that makes decentralized crypto futures and options trading more efficient by providing traders with advanced risk management and strategy-building tools as well as a superior Central Limit Order Book order execution model combined with AMM.

“We believe, that cooperating with powerful cybersecurity teams is a must for any new and promising project. HAPI is a great example of a team that strives to make the world of crypto a better, and more secure place — same as we do — and we’re delighted to establish this long-terms partnership and hope for fruitful cooperation in the future”.

Alexander Pavlov
CEO RiskSwap

RiskSwap’s goal is to provide users with the ability to trade derivatives such as futures and options on a decentralized exchange with an order book that features proprietary risk management tools. We are also striving to welcome more newbie traders into the platform and onboard them with the help of user-friendly, low-entry point UI/UX to the unappreciated advantages of financial derivatives on the decentralized infrastructure of blockchain.

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Spin
Spin Finance

Spin is a 360° decentralized trading and investments platform built on NEAR Protocol.