Demex Launches Nitron, The Money Market for the Cosmos ecosystem
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, a...