Why will RiskSwap succeed? 😎

A number of important factors affect the success of any protocol, let’s have a look at them.

📍 Choosing the right blockchain

The idea of implementing a decentralized exchange based on an order book has been around for a long time, but the implementation on Ethereum has been ineffective all this time because the blockchain is too slow and expensive.

However, the creation of the Solana ecosystem has allowed us to give developers all the necessary tools to bring the idea to life. With the high speed and low cost of transactions on the Solana blockchain, it is possible to implement a DEX with an order book that makes DEX trading as convenient as trading on a CEX.

The undeniable advantages of using the blockchain, namely, non-custodial and permissionless. Only you control your capital, and all operations are performed using immutable smart contracts, which contain the entire logic of operations. There is no KYC/AML and no risks of being blocked by banks.

📍 Development potential

First, let’s talk about cryptocurrencies in general and DeFi in particular. This area is now developing faster than any other: green energy, IT technologies or banking. Among the DeFi sectors, derivatives still occupy a very small market share. For example, the trading volumes of futures on CEXes are four times higher than on the spot market.

At the same time, the situation is the opposite on DEXes. The reason lies in the still weak development of derivative decentralized platforms, the protocols are too young and too few people use them. That is why there is a lot to improve here, the potential of growing the user base and trading volumes is huge.

📍 Our team

RiskSwap is created by professionals with extensive experience in trading on the cryptocurrency derivatives market, who perfectly understand what functionality an exchange should have in order to be successful, and what tools the users need to manage their funds in the most effective way. For example, a Position Builder or Delta Hedger, which is not yet present on any decentralized options protocol.