AntiMatter X Terra | Bringing DEX Derivatives to Terra Ecosystem
October 12, 2021 — We are excited to announce that AntiMatter is being deployed on Terra. This integration will bring decentralized derivatives services to the Terra ecosystem, enabling its community to access non-oracle-based perpetual options with Terra-based tokens as underlying assets.
Seeing the recent explosive growth of Terra $LUNA, we have decided to leverage it to our AntiMatter ecosystem, bringing in this swift, low fees, and seamless chain to AntiMatter. We believe this decision will support further adoption of decentralized financial products such as on-chain perpetual options.
With Antimatter on Terra, users can buy/redeem call and put options of tokens with very low costs. Users can also trade on-chain perpetual options for profit trading or to hedge their positions on Terra.
About Terra LUNA
Terra is an application-specific blockchain built on the Cosmos SDK and Tendermint consensus. The Terra protocol deploys a suite of algorithmic, fiat-pegged stablecoins underpinning a thriving DeFi ecosystem like Anchor, CHAI, and Mirror Protocol. LUNA, the native staking and governance asset of Terra, absorbs the short-term volatility of Terra’s stablecoins, with Terra’s stablecoin (e.g., UST) demand a function of demand for Terra’s DeFi ecosystem — accruing value to LUNA via seigniorage.
About AntiMatter
Antimatter is a hub for decentralized on-chain financial products (such as derivatives and financial NFTs). One of our first innovations is the non-oracle based perpetual options. Being community driven, innovative and simple forms the core of AntiMatter.
