Shark Relay to bring derivatives via MARKET Protocol

Shark Relay is pleased to announce a collaboration with MARKET protocol to bring decentralized derivatives trading to our users. We are excited that the decentralized market efficiencies that MARKET smart contracts bring to the peer to peer trading community are in the works, and soon to be available.

As many token traders well know, they have limited options to short crypto assets or bet on a decline in price. These are fundamental mechanisms in any efficient market, and missing or currently complicated at best in token marketplaces.

Through smart contracts on the Ethereum blockchain, MARKETs decentralized protocol facilitates risk transference and trustless trading, and traders are not just limited to owned ERC20 tokens, rather “MARKET contracts” allow exposure to other cryptocurrencies like Bitcoin, Ripple, and Monero.

Learn more about decentralized derivatives and MARKET protocol by reading their Whitepaper.

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