FAQ
1. What is Cables Finance?
Cables Finance is a decentralized trading and asset management platform designed to integrate digital assets with traditional finance (TradFi). It introduces yield-bearing stable assets and a Perpetual Futures DEX to provide users with global access to currencies, commodities, and financial instruments.
2. What are yield-bearing stable assets?
Yield-bearing stable assets, such as cEUR, cJPY, and cXAU, are digital tokens that track the value of real-world currencies or commodities while generating yield. These assets are minted through the Liquid Staking Protocol and incorporate FX hedging strategies to maintain stable valuations and optimize returns.
3. How does the Liquid Staking Protocol work?
The Liquid Staking Protocol allows users to deposit sUSDe or USDe and mint stable assets. It leverages FX markets and oracle integrations to ensure price stability, while yield generation reflects local economic conditions, such as interest rate differentials between currencies.
4. What is the Perpetual Futures DEX?
The Perpetual Futures DEX is a hybrid trading platform that supports trading across crypto, FX, commodities, and equities. It combines off-chain order matching for speed with on-chain settlement for security and transparency, providing a reliable and scalable trading environment.
5. What makes Cables Finance different from other DeFi platforms?
Cables Finance bridges the gap between DeFi and TradFi by offering non-USD stable assets, advanced FX hedging, and a hybrid perpetual futures trading system. Unlike USD-centric platforms, Cables enables users to access global markets aligned with their local economies.
6. How does Cables maintain transparency and security?
Cables publishes treasury details and hedging positions using cryptographic attestations. All trades on the DEX are settled on-chain, ensuring an auditable and immutable transaction record. Additionally, the platform undergoes third-party security audits to protect user assets.
7. What role does the $CABLES token play?
The $CABLES token is central to the ecosystem, supporting protocol growth and community participation. While its specific functionality is still under development, it is designed to provide incentives for liquidity providers, governance participation, and long-term ecosystem development.
8. Can I trade using assets other than USD-based stablecoins?
Yes, the platform supports non-USD stable assets such as cEUR and cJPY. This allows users to trade and manage assets in currencies aligned with their local economies, reducing dependency on USD-denominated systems.
9. What is the liquidity flywheel, and how does it work?
The liquidity flywheel is the self-reinforcing cycle at the heart of Cables Finance. Yield-bearing stable assets attract liquidity providers, and this liquidity flows into the Perpetual Futures DEX for trading. Increased trading activity amplifies liquidity, driving ecosystem growth and adoption.
10. When will Cables Finance launch its products?
The Liquid Staking Protocol is planned for launch in Q1-Q2 2025, followed by the Perpetual Futures DEX in Q2-Q3 2025.
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