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DDEX launches margin trading and decentralized lending pool

Published by CryptoNinjas.net
10/17/2019
DDEX

DDEX, a hybrid decentralized exchange designed to provide liquidity for Ethereum and the ERC-20 token ecosystem, has announced the launch of new margin trading and lending capacities.

As of now, users will be able to perform spot and margin trading within a single product while keeping all the benefits of a decentralized, non-custodial exchange. During the beta roll-out, DDEX traders can create up to 5x long/short positions for ETH-DAI and ETH-USDT.

Besides margin trading, the DDEX team has also unveiled a fully decentralized lending pool. If a user has trading assets they are not planning on appropriating in the short term, it is now possible to transfer them over to the DDEX lending pool to start earning interest.

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