Odaily Planet Daily News Cables Finance is actively promoting a revolutionary plan to inject new vitality into the DeFi field by combining real-world assets (RWAs) with the upcoming on-chain derivatives decentralized exchange (DEX). The project aims to solve the current liquidity fragmentation and over-reliance on US dollar assets faced by DeFi, and provide users with more diversified investment options.
The core mission of Cables Finance is to build a liquid staking platform featuring RWAs, providing stable income tokens such as cEUR, cJPY and cXAU, which not only provide users with continuous returns, but also open up new avenues for global trading and hedging strategies. In addition, the platform plans to launch a perpetual contract DEX in 2025, supporting non-US dollar-denominated trading pairs to meet users' local economic needs, while combining on-chain security mechanisms and efficient order matching algorithms to provide a solid technical foundation for leveraged trading and portfolio management. At the same time, the connection with Shift Markets infrastructure enables Cables Finance to process more than $5 billion in trading volume per day, connecting DeFi with the global foreign exchange and commodity markets and reducing dependence on traditional intermediaries.
Looking ahead, Cables Finance plans to launch stable income assets in the first quarter of 2025 and lay the foundation for the launch of perpetual contract DEX, creating new opportunities for global DeFi participants.