With EPNS, OpenLeverage will be able to deliver real-time notifications on price changes and liquidations on their platform.
The rise of decentralized finance paved the way for permissionless trading, listing, and fast liquidity and volume growth. Even the most degen of degens finds it difficult to identify permissionless marketplaces for leveraged trading, despite the fact that users have seen a multitude of DeFi programs.
Existing decentralized leverage trading systems only offer a few pairs and a small amount of market depth. A decentralized, permissionless, scalable, secure leverage trading facility that supports the long tail and fast-growing DeFi market is required to fully realize DeFi’s goal of global financial access.
OpenLeverage is a permissionless margin trading protocol that allows traders to effectively and safely long or short any trading pair on DEXs. The OpenLeverage Protocol seeks to provide a decentralized margin trading system that is completely permissionless. As a result, there should be no requirement for approval to open a margin trading market for any pair.
EPNS is pleased to announce our pilot program partnership with OpenLeverage, given OpenLeverage’s enormous potential. EPNS will be collaborating with OpenLeverage throughout this pilot program to:
· Provide notifications when prices move beyond a certain threshold.
· Provide notifications when your position is about to be liquidated or is approaching liquidation.
Excited to see OpenLeverage use EPNS to deliver decentralized alerts and take another step toward decentralizing the DeFi and Web3 communication layers.
OpenLeverage is a permissionless margin trading protocol that allows traders to effectively and safely long or short any trading pair on DEXs.
About Ethereum Push Notification Service
EPNS (Ethereum Push Notification Service) is a decentralized notification system that allows any smart contract, dApp, or even traditional service to deliver alerts to wallet addresses that have opted in to receive them from that specific service.