Pangolin partners with WOWswap to add leveraged trading
Pangolin is excited to announce a partnership with WOWswap. With WOWswap traders can buy and sell their favorite tokens with up to 5X leverage by borrowing extra capital from the lending pool. Liquidity providers can supply stablecoins or major crypto assets to the lending pool and receive interest paid by the traders.
“WOWswap is proud to announce a strategic partnership with Pangolin. Pangolin’s strong community, powerful brand and large liquidity combined with WOWswap’s cutting edge margin trading technology create a large business that can successfully compete with leading leveraged trading platforms such as dYdX, Fulcrum and Mango Markets.
Our collaboration is based on values and goals shared by both projects as well as powerful technological synergies enabled by the DeFi infrastructure. Together we will be able to provide great user experience, unmatched benefits and rewards for the global Avalanche community.” — WOWswap Team
WOWswap will support leveraged trading on Avalanche for over 25 different token pairs in Pangolin. Pangolin has added an AVAX-WOW farm to support liquidity of the WOW token. This partnership will promote trading volume and fees in both projects, and adds another leverage platform option for Pangolin users to make swaps and earn yield.
WOWswap is a decentralized leveraged trading protocol. With WOWswap traders can buy and sell their favorite tokens with up to 5X leverage by borrowing extra capital from the lending pool.
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.