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Wasabi
Wasabi is a leveraged onchain trading protocol for digital assets. It lets users long, short, and swap assets with up to 20x leverage, while depositors can supply multi-asset vaults to earn yield from trading activity and borrow demand.
Distributed
Description
Wasabi operates a blockchain-based leverage trading protocol and web platform for trading digital assets across EVM and SVM chains. Its core components include a proprietary onchain automated market maker, a margin engine that enables leveraged positions backed by underlying tokens, and multi-asset vaults through which depositors earn yield from trading fees and borrow demand. The platform targets traders seeking long, short, and swap functionality, as well as token teams, protocols, and liquidity providers.Grant Funding
VC Funding
None
2024
$0
$6M