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Demex's new permissionless money market allows traders to lend, borrow and liquidate on the Cosmos ecosystem, providing a DeFi solution to a TradFi problem. SINGAPORE, Dec. 27, 2022 /PRNewswire/ Demex, a multi-chain decentralized exchange built on Carbon, developed by Switcheo Labs, has launched Nitron, a non-custodial money market. Nitron is the biggest money market in Cosmos. Users can now participate as lenders, borrowers or liquidators on loans permissionlessly. Nitronsupports different assets from the most popular blockchains such as Ethereum, Binance Smart Chain, Cosmos Hub, Neo, and more. Anyone can lend out their idle assets to earn a passive income, while borrowers are able to borrow this liquidity to improve capital efficiency. Currently, it is difficult for users to hedge their exposure to certain Cosmos ecosystem tokens. By creating a permissionless money market, users can hedge their exposure or take short positions, while allowing others earn interest fees on their i ....

Samyukta Narasimhan , Demex Or Decentralized Mercantile Exchange , Switcheo Labs , Binance Smart Chain , Cosmos Hub , Stride Zone , Liquid Staking Assets , Liquid Staking Derivatives , Decentralized Mercantile Exchange , Demex 39s New Permissionless Money Market Allows Traders To Lend , Orrow And Liquidate On The Cosmos Ecosystem , Rovidinga Defi Solution Toa Tradfi Problem Singapore , Dec 27 , 022 Prnewswire Demex , A Multi Chain Decentralized Exchange Built On Carbon , Eveloped By Switcheo Labs , As Launched Nitron , A Non Custodial Money Market Nitron Is The Biggest In Cosmos Users Can Now Participate As Lenders , Orrowers Or Liquidators On Loans Permissionlessly Nitronsupports Different Assets From The Most Popular Blockchains Such As Ethereum , Binance Smart Chain , Cosmos Hub , Nd More Anyone Can Lend Out Their Idle Assets To Earna Passive Income , Hile Borrowers Are Able To Borrow This Liquidity Improve Capital Efficiency Currently , T Is Difficult For Users To Hedge Their Exposure Certain Cosmos Ecosystem Tokens By Creatinga Permissionless Money Market , Sers Can Hedge Their Exposure Or Take Short Positions , Hile Allowing Others Earn Interest Fees On Their Idle Cosmos Tokens From The Borrowers Nitron Will Launch With Multiple Ecosystem Partners ,