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Launched on 01/06/2019 by an international team, FinNexus (FNX) aims to tackle the absence of the three pillars of DeFi - diversity, value, and convenience - by creating a range of open finance products and protocols suitable for both enterprises and crypto enthusiasts.

Issue Time
1970/01/01
Initial Price
US $ --
Circulation/Max
34.47M/
Dominance
0.00%
ROI -99.93%
$0.00000000$4.37482705
Low · 2021/06/162021/06/16 · High

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What is FinNexus?

FinNexus is an open finance protocol that is currently live on Ethereum, Binance Smart Chain, and Wanchain. It serves as a hub for connecting different decentralized ledgers and users, as well as traditional finance applications. The initial version of FinNexus focuses on creating a marketplace for hybrid decentralized/traditional financial products. One of its groundbreaking features is the Multi-Asset Single Pool (MASP) methodology, which allows users to write options exposure for multiple assets from within collateral pools. This decentralized peer-to-pool options platform enables anyone to leverage or hedge their positions in various cryptoassets. FinNexus is not limited to a specific blockchain and plans to expand its FinNexus Protocol for Options (FPO) to other chains. Additionally, FinNexus is developing a decentralized leveraged token protocol, which is scheduled to launch on Ethereum, Binance Smart Chain, and Wanchain in Q2 2021.

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