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Firefly

Firefly

Pushing the Limits of DeFi
Moonbeam
Moonbeam
Description
Firefly is an orderbook decentralized exchange (DEX) for perpetual swaps and options powered by Substrate. Supported by Polkadot’s shared security, high-throughput and low-latency transactions, micro-gas fees, and interoperability across networks, Firefly will provide traders with a derivatives DEX that is both performant and secure. The DEX caters to the Polkadot community, providing unique products for the 30,000+ parachain crowd loan participants, and will support staking derivatives of bonded or staked DOTs as collateral. Firefly also provides one of the most performant user experiences in DeFi, with under-450-milliseconds settlement when network latency and network congestion are abstracted.
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