TechFlow reports that decentralized derivatives trading platform Substance Exchange (SubstanceX) has launched perpetual contract trading for BRC20 tokens, initially supporting U-margined trading pairs for ORDI, SATS, and RATS.
Due to the protocol and asset characteristics of BRC20, developing derivative products and managing associated risks present significant challenges, resulting in few platforms currently offering inscription-based contract trading. SubstanceX leverages its proprietary Elastic Parameter Configuration (EPC) and Liquidity Isolation Mechanism (LIM) to achieve effective risk control, enabling support for contract trading of new tokens.
SubstanceX is the first decentralized exchange to simultaneously support contract trading for three types of BRC inscriptions. Users trading inscription contracts on the platform will also receive additional token rewards.
