Redefining DeFi Derivatives
Last updated
Last updated
LODE is built upon seven essential principles that define our approach to decentralized derivatives: decentralization, deep liquidity, a broad array of assets, affordability, permissionless access with self-custody, assured programmatic solvency, and an exceptional user experience (UX).
LODE thrives on a robust, ever-expanding network of solvers, ensuring liquidity sources are diversified and not dependent on a single entity. This approach mitigates centralization risk and allows for unlimited scalability and flexibility within the network.
At LODE, we are confident that our intent-based model is the key to unlocking unparalleled liquidity for on-chain derivatives. By enabling solvers to leverage their collateral while managing risks efficiently, we significantly enhance the ratio of open interest to collateral, surpassing the efficiency of traditional AMMs, vAMMs, and order book DEXs by orders of magnitude.
LODE proudly offers access to over 300+ trading pairs, a number that is steadily increasing. Our platform can swiftly integrate any asset that solvers are prepared to hedge, mirroring the expansive offerings of major futures exchanges like Binance Futures, with further growth anticipated as solvers broaden their hedging strategies.
Trading on LODE means freedom from the burdens of borrowing costs, high slippage with large orders, oracle risk, and unnecessary fees. Traders are only responsible for a minimal 0.06% LODE base fee, manageable funding rates subsidized by PoL rewards, and the solver's spread.
Embracing the DeFi ethos, LODE is accessible to anyone with a wallet, collateral, and an internet connection. Your assets remain under your control at all times, ensuring a secure trading experience without any intervention from LODE.
Our infrastructure mandates continuous solvency for both traders and solvers throughout the trade lifecycle, with automated mechanisms in place for liquidation if the equity balance falls below the required maintenance margin (CVA). This system safeguards all parties involved.
Thanks to our strategic partnership with IntentX, LODE delivers an unparalleled UX, focusing on innovative feature development, UI optimization, and expanding our trader community.
LODE enhances the DeFi trading experience by blending innovative technology with trader-focused principles. Our platform is secure, efficient, and user-friendly, designed to empower traders with the tools and flexibility they need for success. As we grow and innovate, LODE's commitment to enhancing and expanding our offerings ensures that traders have the support they need to thrive in the markets.
