Deshare launches a full-stock token on-chain trading platform
ChainCatcher reported that Deshare has launched the first full-scale stock token on-chain trading platform on Arbitrum. The platform adopts an innovative "real-time on-chain trading + off-chain dynamic reserve" hybrid mechanism, taking the lead in supporting real-time on-chain decentralized trading for thousands of US and Hong Kong stocks.
The DeShare protocol adopts a fully decentralized trading design, allowing users to fully self-custody their funds on-chain while being able to acquire stock tokens at market price directly. This not only solves the issue of trading depth but also expands the composability of DeFi.
It is reported that Deshare was developed by the original Singularlabs team. The team stated that DeShare will provide global users with 24/7 uninterrupted, zero-threshold trading services, aiming to create a digital trading experience superior to traditional internet brokers. In the future, it will also launch contract trading services with up to 50x leverage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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