Shibarium launches Perpetual Exchange, SERP, to empower decentralized trading and investment
COLORADO SPRINGS, COLORADO, March 21, 2023 (GLOBE NEWSWIRE) — Shibarium, the emerging decentralized finance (DeFi) platform, has announced the launch of its largest perpetual decentralized exchange (DEX), SERP. This new protocol is set to be a game-changer in the realm of Web3, offering traders and financiers unprecedented access to a high-volume, high-throughput and top-hype environment with 50x wallet leverage trading.
Inspired by Ryoshi’s vision to empower the people, SERP is a powerful new toolset designed to unlock maximum value for Shibarium users. Traders can open leveraged long and/or short positions on a variety of cryptoassets, with all trades executed against the SERP Liquidity Pool (SLP). This basket of blue-chip assets and stablecoins is combined to create a global AMM for leveraged trading, with liquidity providers rewarded via market making, swap fees and leveraged trading.
The launch of SERP is an important milestone for Shibarium and marks a significant step towards realizing the platform’s vision of creating an eternal bazaar on the mysterious lands of Shibarium. The contracts behind SERP have been meticulously tested on Shibarium’s testnet to ensure stability and functionality, with the mainnet launching soon.
The company looks forward to launching SERP and providing users with a powerful new toolset for decentralized trading and investing. With its cutting-edge features and performance design, SERP represents the next generation of decentralized finance and will help the crypto fraternity establish Shibarium as the exciting new frontier for fans of decentralization.
Consequently, Shibarium is a frontline platform designed to empower Web3 enthusiasts, traders and investors. It is built on the principles of decentralization and aims to provide a robust ecosystem that enables users to participate in the emerging world of blockchain and cryptocurrencies. Shibarium offers a range of innovative products and services, including a perpetual DEX, decentralized toolsets and a diverse liquidity pool that supports trading across multiple assets. Leveraging advanced technologies and blockchain best practices, Shibarium is poised to become the destination for anyone looking to tap into the full potential of Web3.
About the company – Shibarium
Shibarium is an emerging decentralized finance (DeFi) platform poised to become the most exciting new frontier for fans of decentralization. Built on the Ethereum blockchain, Shibarium is designed to empower users by offering them greater control over their assets and transactions. With a range of powerful features and cutting-edge design, Shibarium sets new standards for decentralized finance and paves the way for a more open, accessible financial system.
For further details, potential users and crypto enthusiasts can visit the following links:
CONTACT: Jordan Hall Shibarium team at serp.finance
