Wasabi is the first asset-backed NFT derivatives protocol. Featuring three different derivatives products:
Liquidity Aggregation (Buy Now - Pay Later)
Why Asset Backed NFT Derivatives?
NFTs are inherently illiquid assets, making synthetic derivatives unreliable, leading to protocol insolvency risk. Asset-backed derivatives offer users the security of holding the asset spot while gaining the benefits of leverage. Allowing market participants to easily and affordably hedge, earn, and speculate on their favorite NFTs.