dTrade

Introduction

DTrade will be the first derivatives decentralized exchange on Polkadot’s multi-chain network, according to those running the project. At a $50 million valuation, according to co-founder Nikodem Grzesiak, dTrade secured lead backing from Su Zhu’s Three Arrows Capital and DeFiance Capital with investments from Polychain, ParaFi Capital and other crypto venture capital firms. 

Run by a decentralized autonomous organization (DAO), dTrade will aim to capture a slice of the heavily centralized, multibillion-dollar market for crypto derivatives. Brand names like FTX and Binance see tens of billions of dollars in derivatives volume daily, while decentralized alternatives – none of them smash hits – capture orders of less magnitude.

Token Allocation

Token Circulation