A decentralized financial derivatives platform built on Polkadot.
Satori is a decentralized financial derivatives platform built on Polkadot. In recent years, derivatives have made large strides in the crypto space, however, one of its largest ecosystems, DOT, has been continuously left out from these opportunities to gain. With this, how might we introduce derivatives trading to transform the Polkadot network? As we spoke with parachains, market makers, and retail users across the Polkadot ecosystem, we found that there is not only a desire but a fundamental need for DOT holders to have access to derivatives and unlock the untapped potential of their DOT (10% of which is currently blocked from use). That’s why we are excited to help users across the Polkadot community leverage these powerful tools with Satori, the first on-chain derivatives exchange built for both retail and institutional investors. We built Satori to act as an exchange platform that caters to all users, where retail and institutional investors are able to converge. This mission to unite our users is why we’re designing a hybrid orderbook and automated market maker (AMM) model. While client-side users can benefit from the execution of both orderbook and AMMs, along with a simple UI, those on the institutional side can enjoy a robust exchange experience with ready-to-use APIs, lightning-fast execution, and resilience against even the most extreme market events. Our mission, ultimately, is to create a future of derivatives trading that is open to all.