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InfinityPools

Decentralized exchange that offers unlimited leverage on any asset

65%
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Details

InfinityPools is a decentralized exchange that offers unlimited leverage on any asset, with no liquidations, no counterparty risk, and no oracles. The InfinityPools protocol builds upon Uniswap V3's concentrated liquidity automated market making (AMM) primitive. At a high-level, the protocol works by having DEX liquidity providers (LPs) deposit their LP tokens to the protocol, which are then aggregated and borrowed by traders seeking leverage. The leverage (loan) is created by unwinding a portion of the underlying LP assets to purchase more of the trader's leveraged asset.

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