The cryptocurrency derivatives exchange FTX announced the addition of UNISWAP-PERP to its list of tradable instruments. The contract is a futures on an index formed as the weighted average of the 100 most popular liquidity pools on the largest non-custodial exchange Uniswap.
FTX launches UNISWAP-PERP, a future on the top 100 Uniswap pools!https://t.co/33fDtoWScdhttps://t.co/ejoRKRv74j pic.twitter.com/MgWh5cyHIk
— FTX — Built By Traders, For Traders (@FTX_Official) August 24, 2020
With UNISWAP-PERP, FTX users will gain exposure to price movements of the most actively traded tokens listed on Uniswap.
The instrument will allow traders to access decentralized markets on the crypto derivatives exchange with low fees and the possibility to use leverage.
“FTX clients will be able to trade a hundred liquidity pools on Uniswap without having to pay multiple Ethereum network fees,” explained the founder of FTX Sam Bankman-Fried.
The CEO of the crypto derivatives exchange and Alameda Research also shared plans to add a new contract for the recently launched DEX Serum on the Solana blockchain.
But like also I’d guess it’d make more sense to integrate Serum in than Uniswap 😛
It’ll be faster and cheaper and tighter, probably? At least for many pairs?
— SBF (@SBF_Alameda) August 24, 2020
According to the developers, during Solana tests, showed 60,000 TPS, which is comparable to Visa, which processes 65,000 TPS. For comparison, Ethereum’s current throughput before the transition to ETH 2.0 is only 20 TPS.
Earlier in August, Uniswap logged a new daily transaction record on the non-custodial exchange, surpassed 110,000.
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