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Summary of Tigris
- Decentralized synthetic leverage trading platform on Arbitrum and Polygon
- Trade crypto, forex, and commodities with up to 500x leverage
- Asset prices sourced through Pyth-powered oracle system
- Instant order execution at exact selected price
- Features: add/remove margin, open positions on top of another, partially close positions
- Liquidity provided through tigUSD, a stablecoin that can be staked for 30% of trading fees
- 70% of trading fees and governance power distributed to staked TIG
- 100% of TIG supply is circulating, no private deals or VC raises
About Tigris
In the realm of cryptocurrency, Tigris emerges as a beacon of innovation, poised to revolutionize the digital landscape.
Tigris is a decentralized, synthetic leverage trading platform situated on Arbitrum and Polygon, empowering users to trade cryptocurrencies, forex, and commodities with up to 500x leverage directly from their digital wallets. The platform’s asset prices are sourced through a robust oracle system, powered by Pyth, ensuring instantaneous execution of orders at the exact selected price. In addition to standard orders, Tigris offers advanced features, including the ability to add and remove margin, open positions on top of existing ones, and partially close positions. The protocol’s native stablecoin, tigUSD, provides liquidity for traders, and can be staked to earn 30% of trading fees. Furthermore, 70% of trading fees and governance power are distributed to staked TIG holders. Notably, 100% of the TIG supply is in circulation, with no private deals or VC raises.