Overview
An overview of Hxro and its vision.
Hxro is a decentralized derivatives primitive for risk-based applications built on the Solana blockchain. Through a series of native protocols, Hxro provides the framework and infrastructure for a robust, fully-functional decentralized exchange for derivatives contracts (futures and options) and parimutuel contracts.
Network value accrues from transaction fees generated within the protocols. One hundred percent of the transaction fees are shared between staked Hxro token holders, specialized node operators, active participants, network treasury, and developer pools vital to the network ecosystem and functionality.
The Network is made up of the following elements which will either be built natively or composed through tangential Solana projects:
- Market Protocols
- Derivatives Protocol - A decentralized exchange protocol that specifies the necessary functionalities to facilitate the trading and risk management of multiple financial product types.
- Parimutuel Protocol - A pluggable network of parimutuel markets and liquidity pools, designed to be tapped and bootstrapped on-demand by operators and liquidity providers.
- Liquidity Protocols
- SAMM Protocol - A “smart” automated market maker built native to Hxro Network that provides on-chain liquidity to a simplified dual-outcome parimutuel market.
- THEO Protocol - A self-sustaining, risk-managed automated market maker native to Hxro Network that provides on-chain liquidity specifically in a decentralized market for both standardized and exotic options.
Last modified 3mo ago