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HomeDefiRabbitx and Paxos launch 24/7 gold futures
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Rabbitx and Paxos launch 24/7 gold futures

RabbitAn exchange of future decentralized perpetual tariffs, has been associated with the regulated blockchain infrastructure supplier Paxos To launch perpetual futures for Pax Gold (PAXG), a digital asset backed by gold. The measure represents a step towards the trade of basic products in real time and without borders, available 24 hours, 7 days a week and free of inherited market limitations.

The new offer allows users to exchange perpetual futures in PaxG, a totally backed token for physical gold maintained in custody and audited regularly. Built on the Ethereum ecosystem and integrated into five leading blockchains, including the referee, the base, the explosion and the Sonic, Rabbitx aims to redefine how investors access and cover the assets of the real world in the digital age.

“Paxg integrates the lasting stability of physical gold with the advanced functionality of digital assets,” said Paxos product manager, Ronak Daya.

“Our collaboration with Rabbitx allows real -time settlement, zero transaction rates and complete transparency in the gold futures trade chain,” Ronak added.

Gold, considered for a long time a safe asset in the midst of geopolitical agitation, is seeing a renewed interest as global tensions increase, particularly around the commercial dynamics of the United States-China. Investors seek more and more alternatives to traditional markets that are often slow, opaque and closed during weekends or holidays. The launch of Rabbitx de Futuros de Goldo 24/7 occurs at a time when the demand for digitally native exposure to hard assets increases.

The founder of Rabbitx, Ming Wu, mentioned that perpetual future improve the futures trade. “It is about allowing the future trade of the main token backed by Gold, Paxg, Solar the clock.”

Interrupt the traditional markets of basic products

Historically, commercial products such as gold have been based on centralized exchanges with restricted hours, high rates and a significant counterpart risk. The Nickel 2022 market crisis of London Metal Exchange, which triggered the cancellation of billions in operations and expressed concerns about systemic risk, stressed the vulnerabilities of traditional configurations. The Rabbitx model, which offers an agreement in real time, direct custody in the chain and automated margin, seeks to eliminate these risks.

The key advantages of the Rabbitx-Paxos offer include:

  • Market access 24/7: Unlike inherited systems linked to commercial schedule, Rabbitx supports trade 24 hours, including weekends and global vacations.
  • No intermediaries: Users can administer the exposure directly through decentralized intelligent contracts, eliminating the dependence of the corridor.
  • Real -time risk management: The cross and instant margin settlement mitigates liquidations in waterfall and systemic contagion.
  • Custody in the chain: All transactions are cryptographically verified, reducing the risk of counterpart and insolvency.
  • Zero commercial rates: The without rate structure improves accessibility for retail and institutional participants.

Defi bridge and traditional finance

This collaboration marks a broader trend towards the integration of real world assets in decentralized finances (DEFI). The goods remain one of the largest and most ilíchid assets classes worldwide, and Rabbitx aims to change that by offering a cross brand without problems between crypto-national and traditional assets classes.

Gold has resisted the test of time as a value reserve, but its commercial mechanisms have not evolved to the rhythm of the digital economy. Bringing perpetual gold to Defi with the institutional degree support is a great advance.

With more than 100,000 connected users and a growing support of multiple chains, Rabbitx is rapidly setting as a leading platform for next generation derivatives.

With the successful launch of Paxg Futures, Rabbitx is positioning itself as a key place for real world asset trade in Defi, racing the way for future offers of basic tokenized products.

What other real world assets do you think should be tokenized for trade 24/7?

Read also: Bitcoin approaches $ 100K as macro colapto rally cola institutions and winds

Discharge of responsibility: The information provided in Alexablockchain is only for informative purposes and does not constitute financial advice. Read the discharge of complete responsibility here.

Image credits: Rabbit

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