NEAR Protocol Launches Perpetual Futures Contract for India's NIFTY 50 Index
(2 hours ago) · 1 source · Summarized by CryptoBipto
NEAR Protocol has added a perpetual futures contract tracking India's NIFTY 50 stock index, available for trading around the clock. The product supports cross-chain funding, allowing users to deposit collateral from multiple blockchain networks. This brings traditional stock index exposure to decentralized finance users on the NEAR network.
WHY IT MATTERS
Think of a perpetual futures contract like a bet on the price of something — in this case, India's top 50 stocks — that never expires.
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SOURCES
- thedefiant.io
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