Decentralized derivatives market
Decentralized exchanges enable trade between Tokens; WandX goes a step further to enable creation and trade in portfolios of ERC20 tokens through smart contracts. These instruments can facilitate hedging risk and enable users to own multiple Tokens with a single transaction. Smart contracts for creation and trade are called through our custom APIs; these APIs can be used by exchanges and third parties for a fee.
7. How is WandX unique: If ERC20 tokens represent stocks or currencies, and exchanges represent the stock market, then WandX represents Wall street for these tokens. Using WandX APIs, which call our smart contracts, users can invest in ETFs, trade in options or futures, and tokenize existing assets to trade on the blockchain, all done in a decentralized platform.