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DeFiCurrent Page

Fluid (FLUID): Utilizing Debt and Collateral as Liquidity

Intermediate
DeFi
Explainers
Altcoins
30 дек. 2024 г.
8 min read
0

Decentralized finance provides all sorts of exciting opportunities for users. By getting rid of middlemen and institutional policies, DeFi creates a more accessible, flexible space for people to explore the world of finance. Fluid is a new DeFi protocol that hopes to provide these perks and more to its customers. Can Fluid's user friendly interface and highly capital efficient crypto trading system distinguish it from all the other startups in the web3 space? Keep reading for a deep dive into Fluid's design and its FLUID cryptocurrency’s potential. 

Key Takeaways:

  • Fluid is a decentralized financial protocol that focuses on lending and liquidity.

  • Looking to trade Fluid tokens? Bybit now offers the FLUID/USDT Spot trading pair. To celebrate this listing, Bybit is holding two exclusive events where you can earn a share of the 70,000 FLUID prize pool.

What Is Fluid?

Fluid is a decentralized financial protocol that focuses on lending and liquidity. This system also includes a decentralized exchange (DEX), staking mechanisms and other exciting features. Fluid prides itself on being one of the most flexible, secure and advanced DeFi lending protocols around.

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