Inspiration

Trust is the cornerstone of the financial system. In the traditional way, multiple individuals who do not know each other need a trusted third party to ensure the security of transactions. However, centralized exchanges have a single point of failure risk, and it is difficult to guarantee their authenticity and accuracy.

Decentralized Finance (DeFi) blockchain-based financial infrastructure provides the development of new systems and avoids the difficulties faced by the financial industry reform. The main use case is to replicate existing financial services in a more open and transparent way. This includes the introduction of smart contracts to eliminate the need for third parties, thereby decentralizing the trading platform.

Decentralized exchanges(DEX),mark an important development for the industry as it progresses from the ecosystem of centralized exchanges. One of the few key reasons include stronger security guarantees to end users since there is no longer a central party as users are able to transact trustlessly - without a middleman. As such, DEXs have drawn the attention of privacy enthusiasts and investors alike.

DEX platforms like Uniswap and Sushiswap have seen immense growth within a very short time span along with the growth of the ethereum ecosystem. The network has seen financial products and services providers all over the world scramble to find decentralized alternative solutions and DEXes have been the most successful.

What it does

Entropy is a Solana-based Unified Suite of DeFi Products with five fundamental building blocks: Perpetual Contracts、Decentralized Margin Trading、Decentralized exchange(DEX)、Lending、Cross-Chain Swaps. with Decentralized exchange(DEX) being the core of the entire ecosystem.

We have built Entropy with multiple protocols to create a super-network attracting builders and users to the Solana Ecosystem.

Our mission is to create a set of DeFi protocol that allows the creation, issuance and trading of any financial products of Solana Tokens.Our approach uses off-chain order books with on-chain settlement to allow creation of efficient markets,making funds and transactions more secure and transparent,creating truly open markets that are not governed by a central authority. The protocols are extensible by anyone.

How we built it

Entropy is made of six main ingredients: 1.Decentralized exchange(DEX)

  1. Decentralized Perpetuals -- Trade Perpetual Contracts with low fees, deep liquidity,and up to 25x more Buying Power.

  2. Decentralized Margin Trading

  3. Lending -- Entropy brings interest rate markets to Solana.

  4. Cross-Chain Swaps: trustlessly exchange assets between chains -- This is in contrast to most current protocols that rely on trusted parties to administer the swap

What's next for Entropy

  1. Perpetual Contracts and Wallet
  2. Global promotion and roadshow

Built With

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