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Spin (SPFI)

IDO
Spin bounty

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

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Overview

Project industryExchanges & Wallets
Product typePlatform
WhitepaperSpin White Paper Open

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.

Details

IDO (Tokensoft Launchpad): Jul 19, 2023 - Jul 21, 2023
IDO (Tokensoft Launchpad): Jul 24, 2023 - Jul 27, 2023
Raised: 3,750,000 USD

Legal

Blockchain Platform: Near Protocol
Registration year: 2021

Token info

Ticker: SPFI

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

Project team

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

Social media

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