Pangolin partners with Antimatter, an on-chain, tokenized perpetual options protocol
Pangolin is excited to announce a partnership with Antimatter Finance. Antimatter powers an ecosystem of on-chain financial products. It enables the creation and trading of tokenized perpetual options in a permissionless environment across major blockchains.
With Antimatter, users can buy call and put options as an individual holder (buyer) or generate or redeem call and put options as one of the liquidity providers. Users can also trade on-chain options for trading profits or to hedge their positions. With this partnership, Antimatter will use Pangolin as the backend DEX for price rebalancing and underlying assets swaps of its perpetual option product. Users on Avalanche network will be able to purchase or redeem call and put options using currencies on Pangolin. Pangolin will look to add a farm when Antimatter token is minted.
Pangolin is one of the strongest players in Avalanche ecosystem and it builds the foundation for Avalanche DeFi. Our partnership will bring closer ties among DeFi blocks and collectively build a financial production line on top of Avalanche.
— L Jack, Cofounder at Antimatter Finance
Antimatter is an innovative lightweight on-chain and cross-chain DeFi derivative protocol. Antimatter enables users to buy call and put options as an individual holder (buyer) or generate or redeem call and put options as one of the liquidity providers.
About Pangolin Exchange
Pangolin Exchange is a top decentralized exchange (DEX) on the Avalanche Network that provides the best DEX experience through deep liquidity, easy swaps, advanced tooling, and smooth onboarding. Pangolin brings you the best trading opportunities to find and maximize your yield.