Aboard protocol, an order book derivatives exchange, and an advisory protocol that aims to provide users with a comprehensive trading experience has launched its exchange on the Arbitrum One. As such, Aboard exchange has become the first order book decentralized derivatives protocol deployed on Arbitrum Mainnet.
Aboard is basically designed to be a full-variety, efficient, and multi-functional platform that brings centralized trading experiences into the DeFi world.
The exchange primarily features a full suite of products, efficiency, and professional functions, hence becoming one of the most efficient exchanges that provide a smooth perpetual trading experience with low slippage and low trading costs with the L2 solutions and the order book mechanism it deploys.
Moreso, Aboard’s trading varieties include perpetual token futures, perpetual index futures, options, lending, and more. The exchange currently offers six pairs of token perpetual and one index perpetual for trade. The token perpetual offered by Aboard exchange are, AAVE-USDC, BTC-USDC, ETH-USDC, LINK-USDC, SUSHI-USDC, UNI-USDC. The index perpetual is LCix-USDC which tracks the performance of BTC, ETH, and Binance Coin.
Reports reveal that Aboard is currently the only decentralized derivatives exchange that offers index perpetual. The platform has unveiled plans to launch various option products with fixed maturity in 2022, with further plans to include Metaverse Index, Infrastructure Index, Defi Index, NFT index, and Public Chain Index.
Aboard Advisory Protocol
The advisory protocol on the other hand uses smart contracts to connect crypto investors with DeFi fund managers directly. The protocol is set to go live in 2022 and will provide a platform for fund managers to create trading strategies and investors to pick strategies in a transparent and immutable way.
With the advisory protocol, investors and fund managers can establish ties by e-signing an investment management agreement without third parties or paying a custody fee. Therefore reducing the need to deal with multiple parties, the management team can now dedicate more time to developing and monitoring investment strategies.