Subscribe to Our Newsletter
Tuesday May 17, 2022
Bitcoin (BTC) $30,157.00   Ether (ETH) $2,050.46
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Crypto Exchanges Trading

Ethereum blockchain derivatives trading platform VariabL launches open alpha

Published by CryptoNinjas.net
09/12/2017
Ethereum blockchain derivatives trading platform VariabL launches open alpha

VariabL, a new application which leverages blockchain technology to offer a secure and efficient derivatives trading platform on Ethereum has announced the launch of its open alpha. The application allows with this release the demo trading of ETH/USD contracts.

VaribL uses trustless smart contracts to match traders, hold users funds and settle contracts. User funds are always securely stored on the blockchain.

The VariabL Open Alpha is a preliminary version of the company’s derivatives trading platform. As a “test” version running on the Kovan testnet, the VariabL Open Alpha is free and operates with worthless ether located in users’ personal accounts.

Zero-sum contracts

In VariabL’s ETH/USD derivatives market, users can create positions on the ETH/USD pair that behave as Contracts For price Difference (CFDs).  These positions are implemented as Zero-sum ETH contracts on the blockchain.

By participating in the VariabL Open Alpha, users will be able to help the team test and improve the platform. Participants will have the opportunity to receive VariabL Contribution Tokens (VCT) as rewards for every participation or contribution.

Rebranding to VariabL

The company was first known as StabL but announced its rebranding to VariabL on September 5th. Regarding this decision the team stated:

VariabL, the first derivatives trading platform built on Ethereum, was initially introduced as a step needed to bring stable tokens to the ecosystem. After months of research and experimentation, we believe now that it can be much more than that.

Stability has always been at the center of our goal to ensure better and wider adoption of cryptocurrencies. We realized that stable tokens were only one of the assets required to enable financial stability for decentralized applications.

Stable tokens are one specific derivative product, but other derivative products are also essential to financial stability; when a business is systemically exposed to a risk (ie. the price of ether) they will often want to hedge this risk by taking an opposite exposure using derivatives (i.e. by shorting ETH). In other words, derivatives enable users to offset their exposure to any specific variable.

For these reasons we will focus our efforts on the VariabL derivatives platform that will issue our StabL Tokens.

63
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Kraken launches 2x leverage on USDT plus 5x for BTC/USD and ETH pairs

04/21/2017

Digital asset exchange Kraken has announced the introduction of 2x leveraged margin trading for tether-USD (USDT/USD), the pair was first introduced back on March 29th. The announcement stated that margin trading for USDT/USD will help drive...

Read more

GDAX announces Ether and Litecoin trading now offered in New York

03/22/2017

GDAX, the trading platform of U.S. headquartered Coinbase announced this week that customers in New York can now trade Ether (ETH) and Litecoin (LTC). Earlier this year, Coinbase and GDAX received the New York...

Read more

Gemini enables BTC/USD and ETH/USD trading for Canada and the UK

09/16/2016
Gemini Bitcoin

A quick note today from the U.S. regulated cryptocurrency exchange Gemini which announced that trading on all of its order matching engines - BTC/USD, ETH/USD, and ETH/BTC, is now available in Canada and the United...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Hedera launchpad platform HederaStarter to launch its native token via IDO on May 19

Hedera launchpad platform HederaStarter to hold IDO May 19 to establish HSTART token

05/11/2022
Aussie crypto exchange CoinJar rolls our improved platform design

Aussie crypto exchange CoinJar rolls out improved platform design

05/10/2022
Crypto platform Bitpanda introduces staking functionality on 11 cryptocurrencies

Crypto exchange Bitpanda introduces staking on 11 cryptocurrencies

05/10/2022
Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

05/12/2022
Jewel chooses ERC-3643 and Tokeny platform to issue stablecoins on Polygon

Jewel chooses ERC-3643 and Tokeny platform to issue stablecoins on Polygon

05/16/2022
COTI links with Cardashift to accelerate social & environmental projects using Djed stablecoin

COTI links with Cardashift to accelerate social & environmental projects using Djed stablecoin

05/16/2022
Blockchain infrastructure platform QuickNode acquires NFT analytics provider icy.tools

Blockchain infrastructure platform QuickNode acquires NFT analytics provider icy.tools

05/16/2022
Asia cypto margin trading app MoonXBT integrates XanPool's fiat gateway

Asia crypto margin trading app MoonXBT integrates XanPool’s fiat gateway

05/12/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version