We’re excited to announce that Mobius Finance — a multi-asset synthetic trading protocol — has integrated Chainlink Price Feeds on Polygon mainnet. By integrating the industry-leading decentralized oracle network, Mobius Finance has access to high-quality, tamper-proof price feeds needed to help run synthetic asset markets with zero downtime. This will provide our users with stronger assurances that Mobius’ asset prices are tamper proof and consistently reference globally accurate fair-market rates.
Our initial integration involves the use of the following Chainlink Price Feeds: BTC/USD, ADA/USD, ETH/USD and MATIC/USD with more to come. We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.
Mobius Finance aims to create a decentralized multi-asset trading protocol with a second-layer solution on Polygon, enabling low fees, fast order execution, and reliable trading of off-chain assets, including ETFs, commodities, traditional financial assets, bonds, and more. Our goal is to simplify the complexity of traditional markets by creating intuitive, permissionless DeFi markets. Mobius’ protocol is easily extendable to adopt all asset types and financial instruments to accommodate future market developments and novelties.
Mobius Finance’s Main Features:Trade anything. The Mobius protocol will allow users to tokenize any asset from any chain, including off-chain financial instruments such as traditional financial assets, commodities, and ETFs. We will also aim to develop and introduce other products like leverage, futures, and options trading. Quote-driven markets. Mobius will fea...