Symmio's Endgame
Meta-Solvers as local Orderbooks
Last updated
Meta-Solvers as local Orderbooks
Last updated
Symmios' vision to create the first universal clearing layer for future settled contracts is unwavering; the ultimate goal is to create a protocol where any derivatives contract can be produced synthetically & traded with CEX like UX, yet decentralized & trustless from anyone in the world, with anyone in the world and the essential part, without any contagion risk.
As it currently stands, the only solution that crypto has found to contain the risk of derivatives contracts is insurance funds, but not all risks in a system are always clear for everyone, and sometimes they are not even clear to anyone. Symmio's endgame will be to change that.
What does this mean in practice? It means that any asset, no matter how niche, can have a derivatives market spun up with minimal friction. For example, consider launching a new meme-coin on pump.fun and immediately creating a perpetual contract. Traders could speculate with leverage, all while keeping contagion risks neatly sealed within that specific instance, managed by a pre-selected party.
Think back to the 2008 financial crisis, when risks presumed to be contained in one corner of the market quickly spread everywhere, triggering a global disaster. Or imagine a 100x leveraged perpetual contract on an illiquid meme-coin with just $10,000 in liquidity. Who would dare take the other side of such a trade? Without proper constraints, risks can accumulate silently and catastrophically, emerging explosively when conditions worsen.
Symmio's vision is straightforward: Either we establish a global framework to contain and manage leverage and their associated risk transparently, or we'll end up facing it unprepared, again and again.
That was the lesson of 2008; it was the lesson of FTX.
By providing a clear, accessible structure to create derivatives & leverage, Symmio aims to prevent history from repeating itself.
Read more about Symmios Endgame: Blockchains are clearing layers