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Firefly Exchange

Firefly is a decentralized exchange powered by Substrate and Rollups, and designed to function as a fully decentralized public utility, owned and controlled by the community of token holders.

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Overview

Project industryExchanges & Wallets
Product typeProtocol
FoundedCanada

What is Firefly Exchange

Firefly is the first derivatives exchange on Polkadot. The fully open-sourced code underlying the protocol functions as a public utility, owned and controlled by the community of token holders.

The community governance can add trading pairs for derivatives from any asset class.

The Firefly DAO will fully subsidize the gas fees on the exchange for the first year.

The insurance mining program is currently undergoing audits before its expected launch in June 2021, and Firefly will have ZK-Rollups integrated by the end of 2021 for instant transactions.

Firefly is backed by Polychain Capital, Three Arrows Capital, and many otherinvestors.

Details

Raised: 31,000,000 USD

Legal

Blockchain Platform: Polkadot
Country limitations: United States of America, Canada.
Registration country: Canada
Registration year: 2020
Office address: Waterpark Place 20 Bay St Fl 11 Toronto, ON M5J 2N8 Canada

Project team

Rabeel Jawaid
Rabeel Jawaid
Co-Founder
Rabeel Jawaid linkedin
Ahmad Jawaid
Ahmad Jawaid
Co-Founder
Ahmad Jawaid linkedin
Nikodem Grzesiak
Nikodem Grzesiak
Founder
Nikodem Grzesiak linkedin
Zabi Mohebzada
Zabi Mohebzada
Co-Founder
Zabi Mohebzada linkedin

Social media

Firefly Exchange web-siteFirefly Exchange MediumFirefly ExchangeYouTubeFirefly Exchange TelegramFirefly Exchange LinkedInFirefly Exchange X (Twitter)Firefly Exchange DiscordFirefly Exchange Github

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