Strips Finance is the world's first decentralized interest rate derivatives trading platform. Interest rate swaps (IRS) allow participants to swap variable interest rates for fixed interest rates. The IRS market is one of the most important pillars of finance. There are currently no great options to trade interest rates in decentralized finance, and Strips aims to solve this problem by building the first natively decentralized interest rate derivatives exchange on Ethereum. **Strips will grow to be the premier marketplace for fixed income.** IRS are forward contracts where you swap future interest payments based on some notional amount There are 3 main types 1. Fixed to Floating: fixed to variable 2. Floating to Fixed: variable to fixed 3. Floating to Floating: variable to variable
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- Rank #635
- Market Cap 0.05% $18,253,687
- 24H Spot Volume 384.88% $2,146.73
- 24H Volume / Market Cap -
- Circulating Supply 30,282,606.58
- Total Supply 100,000,000
- Max Supply 100,000,000.00
- Fully Diluted Valuation $60,277,794
- API ID strips-finance
- Project Start Date -
- Contracts & Explorer(s) 0x978...7ADc9
- Websites Website
- Links
About STRP
Strips Finance is a decentralized interest rate derivatives trading platform on Ethereum.
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