Cryptocurrencies

    SparkDEX launches AMM and perpetuals protocol on Flare Network

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    SparkDEX is set to launch its decentralised finance hub on the Flare network, featuring an advanced Automated Market Maker (AMM) and perpetual contracts protocol.

    This integration will leverage Flare’s data protocols for enhanced decentralised data access. SparkDEX, supported by QuickSwap, will offer up to 100x leverage and innovative AI-driven DeFi strategies.

    The launch includes a 5% token airdrop for early participants and significant liquidity incentives.

    The V2 Perpetuals Exchange will launch later in July, utilising Flare’s upgraded Time Series Oracle for real-time price feeds.

    This partnership aims to revolutionise DeFi trading with advanced data interoperability and liquidity management.

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