Categories: Payment system news

Aboard Exchange Becomes First Order Book Decentralized Derivatives Protocol On Arbitrum Mainnet

Aboard protocol, an order book derivatives exchange, and an advisory protocol that aims to provide users with a comprehensive trading experience has launched its exchange on the Arbitrum One. As such, Aboard exchange has become the first order book decentralized derivatives protocol deployed on Arbitrum Mainnet.

Aboard is basically designed to be a full-variety, efficient, and multi-functional platform that brings centralized trading experiences into the DeFi world.

Aboard Exchange

The exchange primarily features a full suite of products, efficiency, and professional functions, hence becoming one of the most efficient exchanges that provide a smooth perpetual trading experience with low slippage and low trading costs with the L2 solutions and the order book mechanism it deploys.

Moreso, Aboard’s trading varieties include perpetual token futures, perpetual index futures, options, lending, and more. The exchange currently offers six pairs of token perpetual and one index perpetual for trade. The token perpetual offered by Aboard exchange are, AAVE-USDC, BTC-USDC, ETH-USDC, LINK-USDC, SUSHI-USDC, UNI-USDC. The index perpetual is LCix-USDC which tracks the performance of BTC, ETH, and Binance Coin.

Reports reveal that Aboard is currently the only decentralized derivatives exchange that offers index perpetual. The platform has unveiled plans to launch various option products with fixed maturity in 2022, with further plans to include Metaverse Index, Infrastructure Index, Defi Index, NFT index, and Public Chain Index.

Aboard Advisory Protocol

The advisory protocol on the other hand uses smart contracts to connect crypto investors with DeFi fund managers directly. The protocol is set to go live in 2022 and will provide a platform for fund managers to create trading strategies and investors to pick strategies in a transparent and immutable way.

With the advisory protocol, investors and fund managers can establish ties by e-signing an investment management agreement without third parties or paying a custody fee. Therefore reducing the need to deal with multiple parties, the management team can now dedicate more time to developing and monitoring investment strategies.

superadmin

Recent Posts

USDT Just Flipped Ethereum in Market Capitalization

Yesterday, the USDT market capitalization briefly surpassed ETH's at $184.48 billion, then reached $186.07 billion.

10 hours ago

Cardano Founder Predicts Crypto Will Hit 1 Billion Users and $10 Trillion in Market Value by 2030

Cardano founder Charles Hoskinson has renewed his long-term bullish outlook for the cryptocurrency industry.

11 hours ago

Analyst Warns of Warren-Led Push to Cut Ripple’s XRP Off From Banks

Concerns are mounting in the crypto community that amendments tied to Senator Elizabeth Warren could…

11 hours ago

Ethereum Developers Respond to Fresh Proposal with Mixed Sentiments

A provocative new proposal on EthResear.ch sparked a heated debate within the Ethereum community, pitting…

23 hours ago

Ripple’s $1.6 Billion RLUSD Stablecoin Launches in Japan Following JFSA Approval

Ripple has officially introduced its U.S. dollar-backed stablecoin RLUSD to the Japanese market after securing…

23 hours ago

BingX Expands Into Everyday Crypto Spending With the Launch of BingX Card

PANAMA CITY, June 26, 2026 – BingX, a leading cryptocurrency exchange and Web3-AI company, today…

2 days ago