While the cryptocurrency market is maturing, a number of exchanges have started to offer cryptocurrency contracts. To marginalize trade on these platforms, users are forced to trust their cryptographic capital on centralized exchange portfolios. A new open source platform that uses the dYdX protocol, however, launched the first true method without trust to create short and leveraged positions for Ethereum .
The dYdX platform, on which Expo was built, it recently launched a $ 2 million seed round led by Andreessen Horowitz and other leading angel investors, including Coinbase CEO Brian Armstrong.
Ethereum tokens Short can be easily purchased via Metamask, with the final reverse mechanics of the protocol driving the token away from the trader. A recent press release issued by Expo states that the Expo token trading tokens will be listed on DEX as Radar Relay, with an additional number of exchanges to be added soon