Level01, a self-described platform for “decentralized peer-to-peer derivatives trading,” has launched a DeFi platform on Google Play, according to a press release from the group.
The app has been in development for years, by “a team of experts in quantitative analytics, big data, AI, derivatives pricing & risk analysis; the platform and app boasts ground-breaking innovations never yet seen before in the financial markets,” the release also notes.
It innovates thanks to its FairSense AI, which “provides fair pricing and risk vs reward probabilities for both sides of a trading contract,” making the platform fair for both sides.
Level01 has pursued to “deliver a world class decentralized derivatives platform capable of handling all forms of trading contracts beyond cryptocurrencies; encompassing forex, commodities and eventually stocks and indices.” The group wants to get involved in DeFi while it’s in its early stages.
Speaking on the matter is the Founder of Level01, Jonathan Loi, who said:
“We believe that we are ahead in the industry for AI-driven derivatives trading; encompassing everything a reliable trading platform requires: fair pricing, risk assessment, quick matching, instant settlement, no security risks and total reliability through Digital Ledger Technologies and AI. Users can now trade derivative contracts with a complete peace of mind and be equipped with all the necessary tools to make informed decisions.”