With the boom in the Web3 financial industry, the trading volume of innovative derivatives is continuing to grow. However, innovative platforms face significant challenges in making a breakthrough in this highly competitive market.
Top derivatives platforms have dominated the market and remain unchallenged. One of the main reasons why innovative platforms are struggling to develop is their limited technical level and market knowledge, which has led to shortcomings in product innovation and market operation. Meanwhile, uncertainties in the external market and policy influences have also increased, making it difficult for innovative platforms to break through.
According to figures from Binance, the crypto derivatives market currently accounts for 74.2% of the total trading volume. The monthly trading volume of crypto derivatives has reached $1.9 trillion, a three-fold increase over the past three years. During this period, the derivatives market has shown diversity and growth. Despite the high level of market diversity, perpetual contracts account for 90% of the market volume.
On July 14th, Tokeninsight released its Q2 2023 Crypto Trading Platforms Quarterly Report, which showed that the top 4 crypto trading platforms in terms of trading volume were Binance, OKX, Bybit, and Bitget, with the above four having a combined market share of more than 85%. The biggest gainers were OKX and Bitget, up 1.9% and 1.8% respectively.
ChainStar is unlocking a new era of digital asset trading in the face of such a fierce market environment and is committed to providing customized information technology solutions for the fintech, blockchain, and entertainment sectors. ChainStar provides users with the technology and infrastructure they need through an efficient Saas one-stop solution. And fully open to the customization of product development, as well as professional technical and compliance support.
ChainStar: A Leading Blockchain Technology Solutions Provider
In the rapidly evolving blockchain space, it is critical to find a reliable technology partner. ChainStar is a leading global blockchain technology solutions provider that stands out for its specialization, innovation, and global services. ChainStar's scope of business, core competencies, and service commitment will help companies succeed in the blockchain world.
Service of ChainStar:
ChainStar provides blockchain technology solutions including FinTech, Entertainment, Digital Asset Management, Supply Chain Management and more.
- DEX and CEX Platform Technical Support and Services: ChainStar provides clients with the expertise to build decentralized (DEX) and centralized (CEX) trading platforms. Whether you want to create a new crypto trading platform or upgrade an existing one, ChainStar provides comprehensive support.
- DApps Development: ChainStar focuses on the development of innovative decentralized applications (DApps). No matter what the DApp requirements are, ChainStar can customize the development according to the specific needs.
- Smart Contract Ecosystem: Smart Contracts are increasingly used on the blockchain, and ChainStar has the expertise to build and maintain a smart contract ecosystem. They can help you create automated contracts that enable trustless transactions.
- Customized Solutions: Every business has unique needs, ChainStar understands this and offers highly customized solutions. Whatever blockchain solution you need, they can customize it for you.
Capabilities of ChainStar:
- Expertise: ChainStar has deep expertise and experience in blockchain technology. Their team consists of R&D team members from top fintech companies, including Tencent, Tic-Tac-Logic, Ariba, Coin, etc., with rich experience in blockchain and banking securities R&D.
- Globalization: ChainStar has achieved global coverage through multiple R&D centers and market branches. No matter where you are, you can count on their support.
- Innovative: The blockchain space is constantly evolving and ChainStar stays at the forefront of technology development. They strive to stay innovative in order to provide their clients with the latest solutions.
ChainStar: One-Stop Trading Solution
In the field of digital assets, building and operating a digital asset trading platform is a complex task that requires a high degree of expertise and reliable technical support. In the field of digital asset trading, ChainStar provides a one-stop trading solution to fulfill the needs of various customers.
ChainStar's one-stop trading solution includes customized development of SaaS, private deployment of white-label platform and professional technical compliance team. Whether you are a startup or an established financial institution, ChainStar has the expertise and experience to provide you with a customized, scalable and compliant digital asset trading solution.
Key features and services of ChainStar:
- SaaS Software Customization: ChainStar offers its clients a SaaS (Software-as-a-Service) solution, which means that clients can quickly deploy and use their trading platforms on the cloud. What's more, ChainStar allows for customized development to meet your unique needs. Whether you want to add new features, improve the user interface or customize reports, ChainStar's technical team can create a customized solution for you and have it up and running in 15 minutes.
- White Label Platform Private Deployment: Some enterprises want to take full control of their trading platform and deploy it in their own private environment to ensure data privacy and security, ChainStar supports private deployment of white label platforms, which means that customers can own their trading infrastructure and customize it as needed.
- Specialized Technical Compliance Team: Blockchain and digital asset trading requires a high level of technical knowledge and compliance, and ChainStar has a specialized technical team that understands blockchain technology, the cryptocurrency market, and the associated regulatory and compliance requirements. This enables ChainStar to provide its clients with reliable and compliant solutions that will help them stand out in a competitive market.
- Customized Solutions: Every client has unique needs and ChainStar understands this. They provide customized solutions to meet their clients' specific business goals. Whether it's setting up a decentralized crypto trading platform, customizing a smart contract, or creating your own digital asset wallet, ChainStar can provide support.
ChainStar: An All-in-One Service for Crypto Users and Institutions
In the ever-evolving cryptocurrency market, it is important to find a reliable partner that can provide you with comprehensive spot and derivatives trading services, ChainStar is an all-in-one service platform for crypto users, institutions and corporations, designed to meet the needs of all kinds of digital asset trading and investing. ChainStar strives to be a reliable partner for crypto users and institutions, offering a comprehensive range of services to meet different trading needs. Whether you are a novice or an experienced trader, the platform provides you with a comprehensive, secure and highly customizable trading solution.
Key Features:
- Comprehensive services: ChainStar offers comprehensive services that include both spot and derivative trading of crypto assets. This means that users can do many different types of cryptocurrency trades on the same platform.
- Highly Customizable: The platform allows users to make highly customized trades based on their specific needs. Whether it's for long-term investments or short-term trades, ChainStar can meet the needs of its users.
- Security and Compliance: Security and compliance are critical to crypto-asset trading, and ChainStar utilizes advanced security technologies to ensure that users' assets are safe and in compliance with relevant regulations.
- Liquidity: The platform provides a highly liquid marketplace where users can easily trade and enter and exit the market at competitive prices.
- Customer Support: ChainStar provides a professional customer support team to assist users with questions, market insights and trading advice.
- Crypto Spot Trading: Users can trade a variety of crypto assets on the ChainStar platform, including Bitcoin, Ether, Litecoin, and more. This allows users to own and trade digital assets directly.
- Derivatives Trading: The platform also provides derivatives trading, including futures contracts, options contracts, etc., to help users conduct leveraged trading or hedge risks.
- Secure Wallet: ChainStar supports secure digital asset Wallets, including cold wallets and multi-signature wallets to protect users' assets.
- Market Data and Analytics: Users can access market data and analytics tools on the platform to make informed investment decisions.
ChainStar: One-Stop Technical Solution Provider to Solve Existing Problems of Crypto Trading Platforms
1. Digital Asset Exchange Solutions
ChainStar Cloud provides SaaS (Public Cloud) and private-label solutions for crypto exchanges. Liberate the trading potential of your digital assets and derivatives in just 15 minutes, realizing all values.
2. Liquidity Support Solutions
ChainStar Cloud offers an all-in-one liquidity solution. Our intelligent automated market-making system solves liquidity problems for spot and derivatives, reducing market risks for your digital asset exchange.
3. Payment System Solutions
ChainStar Cloud provides secure blockchain wallets, efficient cryptocurrency checkout platforms, and compliant credit card payment solutions.
4. WaaS Wallet Solutions
ChainStar Cloud offers a comprehensive multi-currency custodial wallet platform, including cold and hot wallet solutions and MPC SignGuard threshold management to ensure autonomous, transparent, and secure asset management.
5. Comprehensive API Solutions
ChainStar Cloud provides enterprise-level comprehensive API solutions, flexibly combining wallet APIs, transaction & market management APIs, Open APIs, etc., with high scalability and compatibility.
ChainStar: A path to profitability for derivatives platforms
Crypto spot and derivatives trading platforms derive their profits from the following sources:
- Transaction Fee Earnings: The platforms are profitable through transaction fees, including Maker rates, Taker rates, option exercise fees, etc. The platforms are also profitable through the use of market makers to provide liquidity.
- Liquidity Support: The platform needs to introduce the role of the market maker to provide liquidity and earn revenue from their trading process.
- Agent Management: An effective agent management system helps the platform to operate efficiently and provide a better user experience.
- Marketing Promotion: Through marketing promotion strategies, the platform attracts new users and increases user activity.
- Risk Management: A good risk management system helps platforms reduce potential risks.
ChainStar provides a complete trading system for innovative platforms, including trading software, risk management systems, liquidity and bridging systems, customer and agent management systems, marketing management systems, and network and security solutions. These elements are essential for a mature derivatives platform, and ChainStar was able to complete the construction of the core trading system in 15 minutes, providing an opportunity for the innovative platform to go online at lightning speed.
About ChainStar
ChainStar is a digital financial service provider that leverages its conventional software development expertise to transcend boundaries, specializing in bespoke IT solutions tailored for the domains of fintech, blockchain, entertainment, and beyond.
Within the dynamic realms of blockchain technology, we stand as pioneers, offering comprehensive IT solutions catering to specific industry scenarios. As architects of success in the blockchain domain, we not only provide strategic consultation on harnessing optimal business outcomes but also deliver an entire spectrum of high-end research, development, and operational services.
Our capabilities encompass the creation of cutting-edge DEX and CEX platforms, pioneering DApps, smart contract ecosystems, and bespoke solutions addressing the unique needs of enterprises. Every venture is meticulously crafted by our adept financial IT teams, bringing their extensive experience to the forefront of design and development.
Learn more about ChainStar by visiting https://chainstarcloud.com
To request a demo or business cooperation, send us an email to [email protected]
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