DeFinity Network DEFXPrice $ 0.0396

What is DeFinity

DeFinity is a decentralised DeFi exchange, specialised to trade traditional and digital FX via smart contracts, with a focus to provide real-time settlement and clearing for spot FX trading.

Bridging the power of decentralisation with a traditional broker and liquidity provider community, it is specifically tailored and geared towards the future support of CBDC’s (central bank digital currencies) and decentralised financial services for FX. 

What is the big deal

DeFinity is a joint project between DMALINK, a foreign currency trading and liquidity platform, and WeOwn, a layer 1 and layer 2 technology company with a focus on financial assets and digital blockchain services. 

Both companies bring combined client and market reach to deliver one of the most exciting secondary markets for FX trading in the form of DeFinity. 

DeFinity Platform

• Layer 2 DEX solution, linking with all major and popular blockchains
• Based on WeOwn’s $CHX layer 1 blockchain, and cross-chain enabled with Ethereum, Binance Smart Chain, Polkadot and Cardano
• Trading and match-making user interface for institutional traders
• Intuitive mobile app for retail traders and token wallet / staking features
• Hybrid on-chain order book and built-in AMM features
• Fully decentralised, offering staking, pooling and other liquidity incentives