Decentralized exchange D8X plans to launch Polymarket contract leverage trading tool in August
Decentralized exchange D8X is developing leverage trading tools and plans to launch them on the mainnet in August, allowing users to trade Polymarket contracts with leverage. Co-founder Caspar Sauter stated in an interview that leverage is a missing part of predicting market economics, which can improve market efficiency and increase potential returns. D8X launched on Polygon's zkEVM in January 2023, completed a $1.5 million seed round of financing, and expanded to OKX's X Layer and Arbitrum in May and June, respectively. Sauter explained that D8X's system obtains Polymarket's spot prices through oracles, similar to traditional perpetual contract methods.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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