SYMMIO digitizes OTC derivatives on-chain with intent-centric execution, P2P escrow, and solvency-verifying 'Arbiters' for trustless agreements.
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SYMMIO introduces a method for digitalizing bilateral Over-The-Counter (OTC) derivatives in a permissionless, on-chain manner. This involves an Intent-Centric execution environment, a peer-to-peer (P2P) bilateral escrow system for settlements, and economically motivated MEV researchers (Arbiters) tasked with verifying participant solvency and mediating parameter disagreements. This combination facilitates the issuing and trading of "Symmetrical Contracts"—automated bilaterally settled agreements enabling trustless and permissionless settlements of synthetically created digital derivatives between parties. Symmetrical Contracts, inspired by TradFi Bilateral Agreements, are a new financial primitive for permissionless and trustless derivative trading on the blockchain. SYMMIO leverages an i...
As of now, SYMMIO is trading at 0.028114 USD, with a 24-hour trading volume of approximately 0 USD. The SYMM to USD price is updated in real time. Over the past 24 hours, SYMMIO has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 5.91M USD. Currently, there are 210 232 916 SYMM in circulation out of a maximum supply of 880 080 088 SYMM.
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