TechFlow reports that Flare has partnered with Sindric Solutions to launch XDFi, a decentralized futures protocol designed to raise standards in compliance and efficiency by enabling a trusted, non-custodial environment for purchasing futures contracts with 24/7 operations.
The protocol utilizes third-party Know Your Customer Tokenization (KYCT), ensuring futures positions are acquired in full regulatory compliance—an industry first in the DeFi space.
Users can participate via customizable API integration, maintaining full control over their deposits while benefiting from a fully decentralized settlement system and on-chain compliance tracking. XDFi supports Bitcoin and Ethereum futures contracts and will expand to other digital assets and traditional commodities.
Prior to its official launch, the protocol will debut on Flare's Coston2 testnet.
