Back to Organizations
Domination Finance
Domination Finance has built the world’s first decentralized perpetual futures exchange for trading market dominance, rather than price. Backed by ParaFi, Dragonfly, Shima, and CoinGecko, it aims to address the lack of on-chain dominance trading by providing a standardized methodology and oracle support. Their public testnet is live on Arbitrum Sepolia.
Distributed
Description
Domination Finance is a decentralized perpetual futures exchange for trading market dominance. It introduces a transparent dominance methodology for BTCDOM and other blue-chip assets, with plans to list additional pairs based on community requests. The platform utilizes a virtual automated market maker (vAMM) model with a unified liquidity pool (ERC-4626 standard), allowing liquidity providers (LPs) to earn fees from all trading activity with a single asset vault. LPs receive a majority of the exchange's fees and benefit from delta-neutral exposure due to risk management parameters. For traders, the platform offers isolated margin for each position, up to 20x leverage, and novel trading pairs like BTCDOM, ETHDOM, USDTDOM, SOLDOM, and BNBDOM.Grant Funding
VC Funding
None
2021
$0
$3.2M