Hyperdex launches mainnet of its DeFi investment platform

Hyperdex, a platform focused on decentralized finance (DeFi) and targets making it easy for anyone to tap into that investment space, has officially launched its mainnet.

The platform has over the past few months worked on refinement aspects of the mainnet, and also involved third-party auditing before finally going electing to go live today.

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According to a press release shared with Invezz, Hyperdex has launched with three initial products on offer. The platform has dubbed the products as “cubes” and lists the three as Fixed Income, Algo Trading, and Race Trading.

Users will explore the options as they familiarise themselves with the Hyperdex platform.

According to co-founder Manfredi Magris, despite its powerful capabilities, Hyperdex does just offer a simple investment environment. This is set to “drive down the complexity of DeFi investment,” he said in a statement and added that it means sophisticated products will no longer be “the preserve of pros.”

Our Race Trading cube, for example, contains a simplified derivatives contract that makes it easy for anyone to experience the rewards of decentralized finance, all boosted by the HYP token.”

Hyperdex plans to issue the HYP token to investors through an Initial Dex Offering (IDO). Users will leverage HYP to earn rewards. The platform will also introduce more sophisticated products called ‘Hypercubes’ as well as a P2P loan exchange.