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1  Economy / Service Announcements / [ANN] Kollider - Trade perpetuals on the Lightning Network on: August 05, 2021, 12:44:56 PM
What is Kollider?
Kollider is a derivatives trading platform using the Bitcoin Lightning Network to allow traders to instantly fund and settle positions directly from their own wallet. The Alpha trading program is live and can be accessed at https://kollider.xyz, where you can sign up to trade and offer feedback.

Why Lightning?
The Bitcoin Lightning Network enhances the way traders can access cryptocurrency markets. Using Lightning, a trader can keep their Bitcoin in their own wallet and only transfer the amount required to open a position during position creation, no pre-funding required. Moreover, any P&L remaining from a closed position can be instantly settled back to the trader's wallet after they close the position. In essence, using Bitcoin over the lightning network provides traders with the ability to instantly access markets without prefunding a trading account or exposing themselves to excess counterparty risk.

Kollider currently uses Bitcoin as the margin currency for all positions, and all P&L is also denominated in Bitcoin.
Right now, 5 perpetual futures contracts settled in Bitcoin are available to trade in the Alpha testing programme.
BTC/USD
ETH/USD
DOG/USD
BCH/USD
LTC/USD

Try it out at https://pro.kollider.xyz/
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