Solana-Based Oxygen Taps Jump Trading in Bid to Be DeFi’s Top ‘Prime Brokerage’

Coindesk | Jun 10, 2021 at 2:00 PM
  • Oxygen, a kind of decentralized finance (DeFi) brokerage built on the high-throughput Solana blockchain, has added Chicago-based Jump Trading as a strategic partner.
  • Jump joins a group of existing supporters of the platform that includes Sam Bankman-Fried’s Alameda Research, Multicoin Capital and Genesis Trading (owned by CoinDesk’s parent company, Digital Currency Group).
  • Users of Maps.me will be able to lend dollars and earn 12% per year, unaware that behind the scenes is a decentralized engine powering borrowing, lending, derivatives, structured products and more.