SYMMIO is a revolutionary blockchain solution for OTC derivatives trading that aims to transform the industry by introducing Symmetrical Contracts and a trustless, permissionless architecture. With its intent-centric approach and peer-to-peer model, SYMMIO ensures equal treatment for liquidity providers and traders, offering a hyper-efficient and secure digitalized derivatives trading experience.
Key Features of SYMMIO:
- Symmetrical Contracts: SYMMIO utilizes symmetrical agreements, where each party maintains a mirrored yet counterbalanced position to the other. This ensures that one side’s gain equates to the other’s loss and vice versa, eliminating system-wide risk for participants.
- Trustless and Permissionless: SYMMIO operates on a blockchain, providing a trustless and permissionless environment for OTC derivatives trading. This eliminates the need for intermediaries and enhances transparency and security.
- Intent-Centric Architecture: SYMMIO’s intent-centric architecture focuses on optimizing the pre-trade and post-trade processes. It captures and preserves all data related to trading, ensures counterparty credit risk understanding, manages collateral, and facilitates trade execution through smart contracts.
- Hyper-Efficiency: By embracing a peer-to-peer transaction structure and adopting a delegated matchmaking process, SYMMIO achieves unrivaled capital efficiency. It avoids the throughput limitations of on-chain order books and enables true leverage within its system.
- Automated Settlement: SYMMIO automates profit and loss calculations, solvency checks, and full settlement within each symmetrical agreement. This streamlines the post-trade processes and reduces the need for manual intervention.
- Infrastructure for Developers and Exchanges: SYMMIO offers its infrastructure exclusively to developers and exchanges through a strict business-to-business (B2B) approach. This simplifies backend development and allows for easy integration into existing or newly developed exchanges.