Interest Rate Arbitrage Across De-Fi & Ce-Fi Platforms

Crypto is still a maturing class with liquidity spread across various platforms and products. This will create constant arbitrage opportunities.

Traders can monitor the platforms with the right liquidity and engage in arbitrage transactions. Due to our orderbook system, traders can sit on the bid or on the offer to get into and out of trades at a cheap cost.

For example, due to supply/demand, market news/developments, etc. USDC rate is significantly higher than USDT. In this case, traders / market-makers may want to lend in USDC and borrow USDT to make the 2 rates converge, monetizing the arbitrage opportunity.

Long term, we envision Term Structure as the main place of liquidity for rates, creating the right benchmark rates for Traders to monitor.