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Convergence
Convergence is a fully on-chain liquidity network for market makers and protocols, enabling users to trade on-chain derivatives like crypto options, futures, and perpetual swaps. It provides an advanced RFQ builder and access to a growing network of on-chain clearing venues.
Distributed
Description
Convergence is a fully on-chain liquidity network for market makers and protocols, facilitating the trade of on-chain derivatives such as crypto options, futures, and perpetual swaps. The platform utilizes a Request for Quote (RFQ) system and offers an advanced RFQ builder, market maker auctions for competitive bidding, and zero-knowledge transactions for pre-settlement hedging. It aims to provide a transparent, secure, and fee-free trading environment with KYC'd counterparties. The Convergence ecosystem connects a growing network of on-chain clearing venues, providing liquidity for large and complex orders and democratizing access to institutional-grade liquidity.Grant Funding
VC Funding
None
2024
$0
$1.8M