Hyperdex, a decentralized finance (DeFi) platform, has introduced the launch of its mainnet, following months of developments, third-party audits, and upgrades. The mainnet is anticipated to introduce new buying and selling methods on the platform, giving customers extra alternatives to simply make returns within the DeFi ecosystem.

Having gone stay this Wednesday, the mainnet introduces three main merchandise, including to its record of options, labelled ‘cubes’. The preliminary trio of merchandise embrace the Fastened Revenue dice for risk-averse buyers, the Algo Buying and selling dice for reasonably dangerous buyers, and their flagship product, the Race Buying and selling dice for dangerous buyers and degens. The three options will allow customers to pick out their most popular buying and selling technique and unlock the highly effective capabilities of Hyperdex.

Moreover, the mainnet launch offers a simplified UX/UI for newbies and non-crypto buyers. This goals to scale back the advanced nature of the DeFi ecosystem, permitting anybody to simply be a part of investing and earn big rewards.

“Hyperdex was designed to drive down the complexity of DeFi funding, and to offer customers publicity to classy merchandise that had been as soon as the protect of execs,” explains Manfredi Magris, Hyperdex Co-Founder.

Following the mainnet going stay, buyers in Hyperdex native token, $HYP, can be issued with the tokens by way of an preliminary decentralized alternate (DEX) providing (IDO). The $HYP token is the utility token of the Hyperdex platform providing an enormous variety of makes use of reminiscent of rewarding customers and incentivizing liquidity suppliers (LPs). Moreover, the Hyperdex token can be used to supply further rewards to buyers within the “Hypercubes”, a classy funding technique that enhances the buyers’ returns two-fold, as soon as launched.

The Preliminary Trio of ‘Dice’ Methods

First, the Fastened Revenue cubes are funding methods tailor-made to allow customers to earn a hard and fast return on their crypto belongings by staking them. Customers may earn further returns by upgrading their investments to the ‘Hypercubes’.  That is completed by depositing a further 10-100% of the unique funding in HYP tokens. In return, Fastened Revenue HyperCubes provide increased returns on authentic Dice investments together with 20% of the funding’s USDT worth in HYP.

Secondly, the Algo Buying and selling cubes are buying and selling methods on Hyperdex that provide a reasonable variable return on customers’ belongings. These methods are based mostly on statistics, with a multidimensional strategy stemming from however not restricted to arbitrage. Traders may select to improve their investments to Algo buying and selling hypercubes to earn further rewards by depositing a further 10-100% of the unique funding in $HYP tokens.

Thirdly, Race Buying and selling cubes present customers with riskier and extra aggressive buying and selling methods. On these cubes, buyers can speculate on the longer term value of an asset by choosing lengthy or quick positions. Customers might select from all kinds of Cubes with completely different belongings, goal costs, liquidation costs, leverage, and extra. Hyperdex handles all of the complexities of those high-level buying and selling on the investor’s behalf, changing a posh product into an automatic “set and neglect” choice, the staff assertion reads.

Lastly, Hyperdex may also introduce Modular cubes, which is able to allow buyers to spend money on buying and selling methods constructed by different customers. Customers might create methods based mostly on easy indicators reminiscent of the value of an asset reaching a sure degree, or extra advanced ones based mostly on technical indicators and different knowledge reminiscent of Relative Power Index (RSI) or open curiosity.