Spin logo

Spin (SPFI)

Status
IDO

Spin is a multichain DEX that makes decentralized crypto futures and options trading more efficient by providing traders with advanced risk management and strategy-building tools as well as a superior Central Limit Order Book order execution model.

Seed Round: $3.75M

Spin White Paper Whitepaper

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Interest lvl
Medium
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User Rating
Medium
3/5 1 votes
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Ticker
SPFI
Registration year2021

What is Spin

Spin aims to offer DeFi users a CEX-competitive user experience with no compromise on user experience, security, speed, transparency, and trading costs. We combined the best of the CeFi and DeFi worlds to build an advanced 360° decentralized trading platform offering users a wide range of trading and investment instruments including:

  • Spot trading: Trade on spot using multiple order types, enjoy ~3 times lower trading fees compared to AMM DEXes, instant trade execution speed, and deep liquidity.
  • Instant swaps: Use the cheapness, liquidity, and speed of spot trading to make AMM-like instant swaps.
  • Perpetual Futures: Perpetuals are a powerful derivatives instrument that allows you to extract yields on any market and use capital more efficiently thanks to up to x10 leverage.
  • SOON: Automated Investment Products (AIPs): AIPs use the Spin infrastructure: Spot, Perpetual Futures, and Options, – to offer users one-button Risk / Reward optimized strategies with a very simple user flow.

Spin Roadmap

1
Q4 2021
  • Spot
  • Reward traders with Serum fees
  • Portfolio Margin
2
Q1 2022
  • On-chain Order Book
  • Seed round investments
  • Freaky Elves NFT mint
  • Partnerships: Ref Finance, Paras
3
Q2 2022
  • Spot
  • Swap
  • The first trading tournament on Spin
4
Q3 2022
  • Perpetuals
  • BlockApex security audit
  • $1,000,000 in total trading volumes
  • Partnerships: Sender, NearPay
5
Q4 2022
  • Automated Investment Products (AIP)
  • Covered Call DOV’s
  • Options
  • Batch Auctions
6
Q1 2023
  • Power perps
  • Cash Secured Put DOV’s
  • Multi-Collateral Contracts
  • TGE
7
Q2 2023
  • Structured Products
  • Basis Trading
  • IDO & Staking
8
Q3 2023
  • Everlasting options
  • Crab strategy
  • Market Maker Incentive Program
  • Trader Incentive Program
9
Q4 2023
  • Floor perps
  • DAO & Staking v2

Token Sale Dates

IDO

Start date: Jul 19, 2023
End date: Jul 21, 2023

IDO

Start date: Jul 24, 2023
End date: Jul 27, 2023

Funding Details

Funds Raised (as of now) 3,750,000 USD

Project team

Alex Pavlov
Alex Pavlov
Founder and CEO
Alex Pavlov linkedin-team
Serafima Semkina
Serafima Semkina
COO
Serafima Semkina linkedin-team
Leonid Chedrik
Leonid Chedrik
CPO
Leonid Chedrik linkedin-team
Anastasia Bogoslavskaya
Anastasia Bogoslavskaya
Business Development Associate
Anastasia Bogoslavskaya linkedin-team
Ivan Miskovic
Ivan Miskovic
Executive
Ivan Miskovic linkedin-team
Anastasia Yakovleva
Anastasia Yakovleva
Head of Marketing
Anastasia Yakovleva linkedin-team
Andrey Drobkov
Andrey Drobkov
Product Manager
Andrey Drobkov linkedin-team
Nikita Medvedev
Nikita Medvedev
Rust Developer
Nikita Medvedev linkedin-team
Denis Medvedev
Denis Medvedev
CTO
Denis Medvedev linkedin-team
Pavel D.
Pavel D.
NFT Product Manager
Pavel D. linkedin-team

Social media

MVP

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