Hyperdex Launches Mainnet to Introduce Advanced Trading Features For DeFi Users

Hyperdex, a Swiss-based decentralized exchange (DEX), announced its mainnet is finally going live following the successful period of its testnet. The launch of the mainnet brings along three major advancements on the platform, named “cubes”, enabling users to adjust to the Hyperdex network and unlock its vast capabilities. Going live on Wednesday, the Hyperdex mainnet will introduce the Fixed Income, Algo Trading, and Race Trading cubes, adding to a plethora of features available including token swaps, liquidity provision & staking. According to a team statement, the three “cubes” will be the first phase of investment development and strategies integrated into the platform, with more to follow in the coming months. First, the Fixed Income strategy employs a low-risk strategy that enables them to earn a fixed return on their stablecoins and crypto-assets over a specific period of time. The Fixed Income cubes each offer different rates of return and details pertaining to the investment. Second, the Algo Trading cubes is a moderate risk strategy that enables users to earn a variable return on their crypto assets. The strategies are based on statistics, with a multidimensional approach stemming from but not limited to arbitrage. Finally, the Race Trading cube is Hyperdex’s flagship product, offering DeFi users high-risk strategies that allow users to take derivative-like positions on their crypto assets on a decentralized and ...