IOTA EVM Integrates Cyberperp: A New Era of Decentralized Trading Begins

• Cyberperp on IOTA EVM offers low swap fees and no price impact, revolutionizing decentralized trading.
• Multi-asset liquidity pools and reliable pricing from PythNetwork Oracles enhance trading efficiency on Cyberperp.

In a new era of tokenization, IOTA EVM is continuously elevating its compatibility, making it a leading tokenization platform. With some integrations we have discussed earlier (i.e., integration with Nakama Labs, ApeBond, and SupraOracles), currently Cyberperp has officially launched, marking the beginning of a new era in decentralized trading.

Blockchain researcher Collin Brown shared the news of Cyberperp’s launch on the IOTA EVM in a recent tweet. He highlighted that the platform is designed to offer traders low swap fees and no price impact, leveraging the innovative technology of IOTA.

Big news! Fidelity International has launched a physical Bitcoin ETP on the London Stock Exchange. This move is set to broaden investor access and reflect the growing mainstream acceptance of digital assets. #Bitcoin #Crypto #ETP #Investing pic.twitter.com/mt2dX00c5z

— Collin Brown (@CollinBrownXRP) July 31, 2024

Brown emphasized Cyberperp’s potential to revolutionize trading on the IOTA network, encouraging others to explore the benefits it brings to decentralized finance.

As detailed in a tweet of cyberperpio, this innovative platform introduces a decentralized spot and perpetual exchange on the IOTA EVM, designed specifically for traders seeking efficiency and cost-effectiveness. With low swap fees and no price impact, Cyberperp offers an ideal environment for both new and experienced traders to maximize their trading potential.

One of the standout features of Cyberperp is its multi-asset liquidity pool, which allows liquidity providers to earn yield through market making, swap fees, and leveraged trading.

Cyberperp also prioritizes accurate and reliable pricing, sourcing data from PythNetwork Oracles to provide tamper-proof and trustworthy information. This means traders can operate with confidence, knowing their decisions are based on the best available data. As an advancement to the previous discussion in a CNF post, IOTA EVM has integrated Supra Oracles to offer real-time and verifiable data into the ecosystem’s smart contracts, enhancing data’s precision, accuracy, and timeliness.

According to Coin Market Cap data today, IOTA is trading at $0.1508, decreased by 3.76% in the past day and 4.00% in the past week. See IOTA Price chart below.