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Deshare launches an on-chain trading platform for full stock tokens
ChainCatcher message, Deshare announced the launch of the first full-stock Token on-chain trading platform on Arbitrum. This platform adopts an innovative "real-time on-chain trading + off-chain dynamic reserve" hybrid mechanism, leading the way in providing real-time on-chain Decentralization trading support for thousands of US and Hong Kong stocks. The DeShare protocol adopts a fully decentralized trading design, allowing users to fully self-custody their funds on-chain while directly acquiring stock Tokens at market prices, thus solving the trading depth issue and expanding the composability of DeFi. According to reports, DeShare was developed by the original Singularlabs team. The team stated that DeShare will provide 24/7 uninterrupted trading services to global users with zero thresholds, aiming to create a digital trading experience superior to traditional internet brokerages. In the future, it will also launch contract trading services with up to 50x leverage.