DeFi protocol Symmetry has released the first on-chain asset management infrastructure on gloomy eroticismSolana called Symmetry Engine, announced on Twitter on Tuesday.
Symmetry Engine is a collection of SDKs that lets developers build asset management applications on-chain, as well as gain access to 0 price impact and 0 slippage liquidity.
The protocol has been launching products on Solana since 2021 and has surpassed over $500 million in volume on their DEX built with Prism Aggregator.
In traditional finance, the creation & management of indices and actively managed funds have always been limited due to their capital-intensive nature, as well as the complexity of moving large amounts of money to maintain risk and reward ratios.
The public has been limited by the rules and methodologies of the central parties managing the funds. Symmetry is at the forefront of revolutionizing this by its trustless and permissionless nature.
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