🔴PancakeSwap launches on-chain stock perpetual contracts for Apple, Tesla, and Amazon, with leverage up to 25x.
The decentralized trading platform @PancakeSwap has announced the launch of a new derivatives feature, allowing users to trade "tokenized stocks" of major US tech giants like Apple, Amazon, and Tesla through on-chain contracts, supporting leverage of up to 25x. This feature officially went live on August 5.
The new feature does not require a traditional securities account or registration process; users only need a self-managed crypto wallet to choose a bullish or bearish direction in the "Stocks" section of PancakeSwap, with all trades built on the BNB Chain.
The official statement indicates that the platform is advancing a strategy of "on-chain integration of traditional assets," providing users accustomed to DEX trading with more diverse investment options while avoiding third-party custody risks.
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