What is Mango Markets DeFi Spot Margin and Futures on Solana [Solana Series]

Republished By Plato

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Mango Markets is a trader and maker friendly decentralized trading platform. The Initial core features of the platform will be a fully on-chain margin trading on limit order books, as well as perpetual futures, which are the main drivers of centralized exchange revenue. Moving those to DeFi is an essential step for money legos to overcome the CeFi platforms.

Mango intends to merge the liquidity and usability of CeFi with the permissionless innovation of DeFi at a lower cost to the end user than both currently provide.

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