THENA Launches RWA Perpetual Trading for Tesla, Gold, and Silver With Up to 20x Leverage

THENA officially expands its perpetual asset selection to include real-world assets as the decentralized finance landscape is witnessing a significant shift. This new feature is a key turning point for the traders of the BNB Chain and opBNB networks who are looking for the connection to the conventional financial markets without moving off the blockchain environment. It is effective immediately, so users can trade in perpetual contracts to trade Tesla stock in addition to gold and silver. They can now be traded with up to 20x leverage.

This news by THENA is indicative of an industry trend in which platforms are adopting assets of the traditional financial sector. The addition of Tesla, gold, and silver makes THENA a one-stop trading platform that would address the needs of the crypto-native investors as well as those who wish to diversify their portfolios with conventional stocks and equities. 

Bridging Traditional Assets and On-Chain Derivatives

An important technological base is needed in order to make real-world assets part of a perpetual trading environment in order to take care of both accuracy in prices and efficiency in execution. THENA has accomplished this through the use of the capabilities of the Orbs Network and Symmio. 

Moving these assets on-chain, THENA offers a trading environment 24/7 that fixes the unfriendly trading hours of the traditional markets.

Gold and silver have always been considered to be the safe assets, particularly in periods of economic uncertainty. Tesla, however, does not leave behind being one of the most actively and discussed stocks throughout the world. 

By introducing these three main assets into the its Perps platform, the end-users will have the capability to use advanced trading options, including holding gold and selling volatile crypto-assets, all in the same decentralized application. The 20x leverage provided on these pairs is huge for both retail and institutional traders.

The Role of Layer-3 and Peer-to-Peer Infrastructure

These new offerings are technically implemented through the use of Orbs, which is a decentralized Layer-3 blockchain. Orbs offers trading on-chain by introducing the levels of the centralized finance world into the defi. 

This Layer-3 infrastructure is an external layer that processes more complicated logic and high-performance trading demands, which can be difficult to satisfy solely through the use of standard smart contracts.

This will guarantee that the user experience of the platform is good, even in the case of the price feeds and liquidation mechanisms of non-crypto assets.

Symmioi offers the peer-to-peer clearing infrastructure. Such a system guarantees a decentralized approach to supporting and clearing all trades.

This two-layered technique will allow THENA to expand its asset offerings in a relatively short amount of time, implying that Tesla, gold, and silver might only be the tip of a far larger real-world asset library.

THENA’s Growing Ecosystem on BNB Chain

THENA is now a decentralized community-driven exchange and a primary liquidity layer to the BNB Chain. Its ecosystem consists of several products specialized in numbers, such as a Spot, traditional swaps, and yield generation and THENA Perps, which has since introduced more than 300 crypto pairs on top of the existing RWA selections. 

Another aspect of the platform, called ARENA. It is a social trading platform which gamifies the experience with partnership growth tools and competitions.

Real World Assets is one more factor that allows THENA to be referred to as a Super App of decentralized finance. The platform catering to the liquidity requirements of projects on BNB Chain, opBNB, and having specialized products in the form of derivatives trading appeals to a variety of parties.

The platform provides a sustainable environment for long-term growth. With the growth of the number of traders that are interested in decentralized versions of common brokerages, such platforms as THENA may soon receive more popularity.