Omer Goldberg
Omer Goldberg

Chaos Labs Partners with Bluefin

Cover Image for Chaos Labs Partners with Bluefin
  1. Chaos Labs & Bluefin: Pioneering the Future of Decentralized Derivatives Trading
    1. Revolutionizing Trading with SUI and Self-Custody
    2. Optimizing Bluefin Trading Incentives
    3. Advanced Risk Management and Protocol Observability
    4. Shaping the On-Chain Trading Landscape

Chaos Labs & Bluefin: Pioneering the Future of Decentralized Derivatives Trading

Chaos Labs is thrilled to announce our partnership with Bluefin, a leader in decentralized derivatives trading. This collaboration marks a significant milestone in our mission to blend the robustness and security of blockchain technology with cutting-edge trading solutions. We aim to revolutionize how on-chain trading is experienced, ensuring a seamless and secure bridge to off-chain asset offerings.

Revolutionizing Trading with SUI and Self-Custody

Bluefin, the pioneering SUI decentralized exchange, is at the forefront of combining Web2 trading experiences with unparalleled transparency. With Bluefin, users are introduced to a world where they can enjoy the trust and security of decentralization and self-custody, all within a high-performance, CLOB-based, SUI-powered environment.

Currently dominating the SUI-based applications landscape with over 90% market share, Bluefin is on an ambitious path to bridge the Web2 and Web3 worlds further. A key feature to watch out for is the launch of account abstraction in 2024 Q1, a groundbreaking development set to enhance the user experience significantly.

Optimizing Bluefin Trading Incentives

In our collaborative effort, a key focus will be on enhancing the Bluefin Trading Incentives program. Leveraging our advanced wash-trading detection technology, we aim to ensure that incentives are awarded to users contributing to organic trading volume. Furthermore, we aim to fine-tune the incentive structure, optimizing fee arrangements to foster positive user engagement and behavior. Incentives can be compelling in bootstrapping communities.

We look forward to sharing more about the Bluefin incentives program over the coming weeks.

Advanced Risk Management and Protocol Observability

Following our incentive optimization, we will focus on developing a state-of-the-art risk monitoring system and simulation platform. This initiative is designed to provide real-time insights into core protocol metrics, offering unparalleled transparency and accessibility in the industry. This public portal will allow users to simulate various market conditions, such as significant asset price changes, and evaluate their potential impact on the protocol. Additionally, the platform will facilitate real-time adjustments of risk parameters, keeping pace with dynamic market conditions and trader behaviors.

Shaping the On-Chain Trading Landscape

Our partnership with Bluefin is a testament to our shared vision and commitment to pioneering the future of on-chain trading. We are not just developing technology; we are meticulously crafting a transparent, secure ecosystem centered around the user experience.

We look forward to sharing more updates and research as we progress in this exciting collaboration.