Currencies32904
Market Cap$ 2.80T-0.43%
24h Spot Volume$ 32.27B-46.6%
DominanceBTC58.72%-0.12%ETH7.71%+0.01%
ETH Gas0.47 Gwei
Cryptorank
MainCurrenciesDeepwaters
Open report modalReport issue
Deepwaters

Deepwaters WTRPrice N/A

WTR Price

N/A

General Info

Contracts/Explorers:

Avalanche C-Chain

Tags (Sub-Categories):

# Inactive

Funds and Backers

Description

Deepwaters is a validated, trustless exchange built with a mission of provable fairness, transparency, protected order flow, and secure custody

Deepwaters (WTR) Chart

Deepwaters price Index provides the latest WTR price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

IDO

19 Feb 2023 — 19 Feb 2023

Raised

$ 350.00K

Price:

$ 0.120

Tokens For Sale:

2,916,666

Platform:

N/A

ATH ROI:

1.23x  +22.5%

Additional Data

ATH Market Cap

$ 3.59M

Max Supply

WTR 350,000,000

Total Supply

WTR 35,285,381

IDO ROI

100%

0.00x

IDO Price

$ 0.120

19 Feb 2023

All Time High

$ 0.147

20 Feb 2023


All Time Low

$ 0.000098

17 Jul 2024

Trending Deepwaters Fiat Pairs

What is Deepwaters (WTR)?

Mission

Deepwaters is a validated, trustless exchange built with a mission of provable fairness, transparency, protected order flow, and secure custody.

Background (The Problem)

Current exchanges place traders at a disadvantage. The problems affecting trading platforms can be separated into two categories:

  1. Lack of confidentiality and poor integrity of order flow before it is recorded in the publicly available order book, resulting in:
  2. Front-running
  3. Order flow reordering and blocking
  4. Spread deterioration
  5. Poor fill rates
  6. Privileged rent seeking
  7. 2.Violations of the custody of customer funds, resulting in rehypothecation and commingling. This causes customer funds loss, most often during tail risk events.


Decentralized financial platforms attempted to solve these problems, but brought about its own set or problems which manifested in many of the same ways (poor execution, loss of funds, etc.). DeFi also involved sacrifices in efficiency and throughput; efforts to solve those problems have largely involved a trade-off in decentralization and/or trustlessness. This is the paradigm in which current markets are trapped.

Solution

Deepwaters Beta is the fusion of traditional finance and blockchain technology into a Hybrid Architecture, leveraging proven concepts from both. Deepwaters aims to bring maturity to DeFi and enable systems that power the next generation of financial applications.

The formula is simple:

  1. Transparency: Open-source code and business logic around exchange operations (trading, custody, etc.)
  2. Fairness: All traders and customers are treated equally. We eliminate information asymmetry, PFOF, and any form of prioritized internalization of orders (no party get’s privileged access to order flow).
  3. Provability: Rather than asking customers to “trust us,” we are building a system that allows anyone to easily and independently verify that our software [and by extension that same open-source business logic] is running on Deepwaters systems. This is done by utilizing remote attestation, a feature of ‘confidential computing’ (built upon Intel SGX and other Trusted Execution Environments.

Trending Coins and Tokens Flame icon