This startup has developed a fintech platform that democratizes access to the non-fungible token (NFT) ecosystem by creating financial instruments like derivatives for NFTs. Their order-book-based decentralized exchange enables traders to engage in perpetual trading of NFTs, enhancing liquidity and market participation.
Funding
$530K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The NFT market lacks sophisticated financial instruments, limiting trading strategies and liquidity. Current platforms often lack the features found in traditional financial markets, such as derivatives and perpetual trading, hindering broader adoption and institutional investment.
Solution
XTrading (NFTFN) provides a decentralized exchange (DEX) that enables perpetual trading of NFT indexes, enhancing liquidity and market participation. The platform offers an order-book-based system for traders to engage in long or short positions on NFT collections. By introducing derivatives for NFTs, XTrading aims to democratize access to the NFT ecosystem and provide advanced trading tools. The platform supports AI-powered trading signals and voice/chat-based trade execution.
Target Audience
The primary target audience includes NFT traders, DeFi users, and institutional investors seeking advanced trading tools and increased liquidity in the NFT market.
Features
- Order-book-based decentralized exchange for NFT perpetual trading
- AI-powered trading signals for informed decision-making
- Voice and chat-based trade execution via "Jarvis" AI terminal
- Dual trading modes: Lite (mobile, 6x leverage) and Pro (desktop, 10x leverage)
- Near-gasless transactions through optimized gas management
- Support for USDT, USDC, and WETH with automatic currency conversion
- Customizable layouts with draggable widgets and theme customization
- Telegram notifications for real-time trade updates
- RESTful API and WebSocket streams for custom trading application development
- Multi-Sig Wallets and 2FA protection